NFT crypto Archives

What Are NFT Rewards?

In this article, we’ll explain what NFTs are, how to earn them, the benefits of using them, and more! NFTs are digital collectibles that can be used to unlock rewards inside games or apps. They’re similar to virtual currency, but they have their own unique benefits. So, let’s dig a bit deeper into NFTs and try to understand them with a simple explanation.

What are NFTs?

NFTs is an abbreviation for “non-fungible tokens.” Here, the word “fungible” holds the key. Fungible means replaceable, so nonfungible means non-replaceable. So anything that is not replaceable in digital form is an NFT. Let’s understand what the concept behind replaceable and non-replaceable items is in the real world.

Let’s say that in the real world, we have different commodities that we use and borrow from one another. If someone lends you a dollar, you do not necessarily return the same dollar note. You can return a dollar in any form with any serial number behind it. The same goes with something like gold, wheat, or any other commodity that is replaceable with another of its kind.

On the contrary, we have non-replaceable assets as well, like the painting of the Mona Lisa. Take, for example, if the owner of the Mona Lisa art painting lends someone the real painting for the time being. He or she will not settle for any other Mona Lisa painting in return because it is unique and irreplaceable.

So, NFTs are digital art forms that are supported and powered by blockchain ledgers and traded in cryptocurrencies. The token part of NFTs is where the digital art form becomes a token via a contract on the blockchain. So, no two NFTs will ever be identical; each NFT has its own unique ID ingrained in the blockchain, which is verifiable. Upon buying an NFT, the purchaser or owner receives a code that allows the change of ownership as well as validation and verification.

What Are NFT Rewards? How to Earn Them, the Benefits of Using Them, and More!

Some Examples of NFTs

Let’s have a look at some examples of NFTs that took the internet by storm.

Twitter is a world-renowned social media platform. Have you ever wondered who sent the first tweet in history? And what was it? Jack Dorsey was the co-founder of Twitter, and his tweet is the first ever. Jack Dorsey sold the ownership rights to this tweet for almost $3 million. The first-ever tweet was turned into an NFT, and the ownership details and rights are available on the blockchain ledger.

Similarly, we have other examples of valuable NFTs like Nyan Cat, a JPEG, and many other in-game digital assets. These NFTs sold for a lot of money.

How do you earn NFTs?

NFTs are available in many forms nowadays. You can buy them directly from NFT marketplaces like OpenSea and several others. Moreover, they come in many shapes and forms, like in-game items in the shape of costumes, cosmetics, avatars, weapons, skins, etc. NFTs also come in digital certificates, music, video moments, etc.

You can also create your own NFT art and have it registered as yours on the blockchain. You can then sell your NFT on marketplaces, plus the royalty stays with you.

As for earning NFT rewards, several hundreds of NFT blockchain games are available in the market to play. You can earn NFT by completing quests, winning battles and tournaments, opening mystery boxes, getting early access passes, and more. You can also stake NFTs in games that allow staking. Some of the platforms that allow NFT staking are Splinterlands, Only1, and NFTX. Moreover, there are some games that allow yield farming, where you can harvest and win NFTs or tokens.

Why Should I care About NFTs?

NFTs are a fun way to earn digital assets that have real value attached to them. The Web3 domain is still in its infancy and will mature with every passing year. So, getting into NFTs early on isn’t a bad idea. Furthermore, many traditional gaming companies are entering Web-based NFT blockchain gaming with a play-and-earn business model. This model will allow gamers to own their in-game NFTs and later sell them in an open marketplace.

Additionally, NFTs bring added benefits like proof of ownership, authenticity on the blockchain, economic benefits, vertical growth mobility, and bragging rights.

Check out loads of NFT games by clicking here. Also know more about the basics of play to earn games here.

Stick with us for more on play-2-earn games and keep checking out our website for daily and weekly updates.

Crypto Gaming for Beginners- 4 Things to Keep In Mind

Crypto Games for Beginners: 4 Things to Keep In Mind

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Today we talk about Crypto Games. For most people, gaming served as a pastime after a long and stressful day at school or work. It was nothing more than just a passive hobby, and everyone expected nothing more than happiness and satisfaction after completing a difficult task.

But as technology advances over the years, so is the gaming industry. The rise of the blockchain paved the way for crypto NFT games or play-to-earn games, where players can generate income from crypto or non-fungible tokens (NFTs) by only using their smartphones or PCs. So, instead of players shedding cash to purchase a game, the developers create opportunities for gamers to make money.

While this concept is appealing, understanding how it works can still be challenging for many beginners. So, to help you, this article will discuss four things you need to keep in mind about crypto gaming.

What are Crypto Games?

Before diving deep into the concepts and terms, let us first understand what crypto games mean. Crypto games, considered the next generation of gaming, let users earn cryptocurrency by engaging in various tasks. For instance, some games give players in-game currency that they can use to buy characters and items that can be sold in marketplaces or subsequently swapped for more common cryptocurrencies.

Thanks to this concept, the gaming community now has a new option to be compensated for the time they spend playing games. The play-to-earn model has gained much traction in recent months, and more and more players are now joining online crypto gaming groups.

Currently, players can choose from various game genres in the blockchain gaming sector, including pay-to-play games, which demand an initial investment from players to unlock a specific character or, at the very least, an item. On the other hand, mining games pay out coins to players for producing specific resources or finishing particular tasks. Of course, there are also free-to-play games that you can start playing immediately and earn cryptocurrency.

4 Things You Need To Know About Crypto Gaming

Store extra funds in the form of crypto

Most crypto games are built on the Ethereum blockchain. So, to play a game, you must have funds to purchase Ether. Also, whenever you use the Ethereum blockchain, you must pay a GAS transaction fee. This fee is something crypto gamers will use in every action they do in the game. Your browser wallet will ask you to sign a transaction before you proceed and display the cost.

But thanks to sidechains on decentralized games, players don’t need to pay fees each time they perform and complete an action unless otherwise stated.

Choose a cryptocurrency exchange platform

You’ll need to use a cryptocurrency exchange site to convert your money into Ether, and there are plenty to choose from. Be sure to complete this phase and pick the option that best suits your needs, such as your country’s currency or the payment method you choose. Before diving into it, research everything you need about exchange platforms.

Use a digital wallet

Using a digital wallet is the best way to ensure that your crypto is safe. Unlike Paypal or Apple Wallet, a digital wallet for cryptocurrencies saves keys rather than money. Many wallet options enable you to keep keys on your PC, in the cloud, on your mobile device, or even offline using a hardware device, similar to exchanges. Select the option once more based on your unique requirements.

Enjin Wallet is essential for crypto games as it lets users view items in their wallets. Think of it as an inventory for various games where you can store all your earnings and items collected.

Select a crypto game that interests you

Finding a game that fits your interests and budget is the next step after deciding to try crypto games. Finding the best one for you requires investigation, as over 400 active games are currently available online.

The data tracking websites DappRadar and CoinMarketCap are critical places to keep an eye out for new crypto game alternatives. CoinMarketCap provides information into a game’s token price movements, allowing you to decide when is the best moment to participate in a game, while DappRadar offers insight into the GameFi marketplace based on users and volume.

Most games are in their alpha or beta stages, as the industry is still extremely young. Be prepared for a jerky gameplay experience, and be ready to see glitches. On the other hand, you’ll join the community that aids creators in discovering what players find most engaging and desirable. That in and of itself is a thrilling experience.

Bottom Line

Crypto games combine the excitement of video games with the chance to get paid for your time with actual money. However, no “average” earnings exist, and your returns may vary as with any financial product.

Play-to-earn cryptocurrency games can be profitable, but they frequently need a one-time financial input and ongoing time expenditures to understand the game and increase your investment. You can have fun with GameFi and receive worthwhile cryptocurrency rewards for your time by completing your research and getting ready to go long.

Also, remember that every player has a unique playing experience, and we all have various priorities. Crypto games are not for everyone, just like any other genre. But part of the joy is experimenting, fiddling, and widening your gaming horizons.

Welcome to this weekly roundup of crypto and blockchain gaming news. A lot has happened during the week, especially involving big blockchain gaming companies, but not necessarily in auspicious ways. But first..! W3 Play and PlayToEarnGames.com Submit New Games: I would like to ask all web3 and blockchain game developers to check if their games are on our websites. If not, do contact me. You only have to check this site since all of our sites use one database. Translations have begun, with four languages added so far: German, French, Spanish, and Portuguese. Features Community: we are starting phase 2 of our platform development, where we will focus on launching a community platform with a local focus. We are looking for partners that can offer interesting features to our gaming community. If you feel, you have something, contact me! Video Gaming Reviews: Our video editorial team has started their first video. Therefore, we are looking for video footage of games that are currently on our platform so we can add it to our YouTube channel, called Play To Earn Games. Click here to contact us about new games and promotions. So the news. Lets dive in, shall we? Let’s have a look at the top stories this week: Microsoft invests in a Korean blockchain game. Square Enix financial report and projection of blockchain technology. NCSoft invests in Mysten Labs to develop Web3 gaming infrastructure. FIFA takes the leap toward blockchain games. Mythical Games cuts down on its staff. Crypto is one of the few industries in this world that faces regular crises and gets jolted every now and then. This week, we saw the bankruptcy of one of the most prominent players in the crypto industry, FTX. However, we also saw that cryptocurrencies have made rebounds this week, just as they did during previous recessions. So, the crypto industry is still holding on and avoiding washouts, meaning they are only getting stronger. Bitcoin stands tall as a peer-to-peer electronic transaction without any financial intermediation. And Ethereum remains the standout protocol to build decentralized applications. We will identify the trend in crypto and blockchain gaming in the weeks to come after FTX’s bankruptcy. However, the previous week saw Microsoft investing in Korean blockchain gaming company WeMade, the game developer behind the popular MMO game series Mir. WeMade’s newest venture is in a blockchain company called Wemix 3.0. The platform will deploy a blockchain network and allow cryptocurrency transactions to be verified and recorded on the blockchain. Moreover, the company also has an NFT auction site that allows NFTs and DAOs. Besides, WeMade's newest title, Mir4, is arguably the world’s first AAA blockbuster blockchain game. It is not known how much Microsoft invested in the $46 million investment round. In other news, Square Enix's financial results show an overall revenue fall despite Final Fantasy 14’s rise in sales. However, the report shows Square Enix’s focus on the new domain of blockchain, with blockchain games and entertainment as its medium-term strategy. The company also unveiled its first NFT IP, Symbiogenesis, launching its first sale of NFT collectibles. The report also shared further plans with Shi-San-Sei Million Arthur NFTs, investments in the Bitcoin platform Zebedee, investments in Blocklords, Cross The Ages, Animoca Brands, and the Sandbox. The blockchain gaming industry continues to thrive and attract investments, especially from Asian companies. NCSoft, South Korea’s gaming giant, invested $15 million in Mysten Labs as part of the previously announced $300 million funding round. Mysten Labs' ongoing project is Layer 1 blockchain development, which will serve as infrastructure for Web3 games. The company emerged in 2021 and launched its first project, Sui, a decentralized proof-of-stake blockchain. Its recent $300 million in fundraising was led by FTX Ventures. Other notable participants were Jump Crypto, Apollo, Sino Global, Dentsu Ventures, and Coinbase Ventures. Finally, FIFA's parting ways with EA led to its entry into the blockchain gaming space for the very first time. The organization will start with four Web 3.0 games that will coincide with the FIFA World Cup 2022. The first game among the lot is AI League: FIFA World Cup Qatar 2022 Edition. The developer behind the game is Altered State Machine. The game is a 4-on-4 casual football game where AI will compete and players will have input in between. Furthermore, AI-controlled players will earn four distinct collectibles. FIFA World Cup 2022 is the second game in the upland metaverse. This project is a collaboration between FIFA and Upland. Upland is a blockchain-based metaverse with virtual land assets that provide full ownership to players. The third game on Phygtl is the FIFA World Cup Qatar 2022. Phygtl is a mobile application for fan engagement. The fourth and final FIFA game on the blockchain is Matchday Challenge: FIFA World Cup Qatar 2022 Edition. It is a social prediction game based on football cards. It will be interesting to see how football game fans around the world take FIFA’s new ventures in Web3 gaming. Finally, we have Mythical Games, a blockchain game developer, going after cost-cutting, leading to the laying off of 10% of its employees. The company is valued at more than $270 million in venture capital; previously, it was valued at $1.25 billion. The reason given by the company behind the recent firing was the economic downturn. The company’s leading project in blockchain gaming is Blankos Block Party, which is suffering from a low daily active user count, leading to difficulty finding games for online players.

Mythical Games Cuts Down, FIFA In Blockchain, NCSoft Invests In Mysten Labs And More

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Welcome to this weekly roundup of crypto and blockchain gaming news. A lot has happened during the week, especially involving big blockchain gaming companies, but not necessarily in auspicious ways. But first..!

W3 Play and PlayToEarnGames.com

Submit New Games: I would like to ask all web3 and blockchain game developers to check if their games are on our websites. If not, do contact me. You only have to check this site since all of our sites use one database. Translations have begun, with four languages added so far: German, French, Spanish, and Portuguese.

Features Community: we are starting phase 2 of our platform development, where we will focus on launching a community platform with a local focus. We are looking for partners that can offer interesting features to our gaming community. If you feel, you have something, contact me!

Video Gaming Reviews: Our video editorial team has started their first video. Therefore, we are looking for video footage of games that are currently on our platform so we can add it to our YouTube channel, called Play To Earn Games. Click here to contact us about new games and promotions.

So the news. Lets dive in, shall we?

Let’s have a look at the top stories this week:

Microsoft invests in a Korean blockchain game.
Square Enix financial report and projection of blockchain technology.
NCSoft invests in Mysten Labs to develop Web3 gaming infrastructure.
FIFA takes the leap toward blockchain games.
Mythical Games cuts down on its staff.

Crypto is one of the few industries in this world that faces regular crises and gets jolted every now and then. This week, we saw the bankruptcy of one of the most prominent players in the crypto industry, FTX.

However, we also saw that cryptocurrencies have made rebounds this week, just as they did during previous recessions. So, the crypto industry is still holding on and avoiding washouts, meaning they are only getting stronger. Bitcoin stands tall as a peer-to-peer electronic transaction without any financial intermediation. And Ethereum remains the standout protocol to build decentralized applications.

We will identify the trend in crypto and blockchain gaming in the weeks to come after FTX’s bankruptcy. However, the previous week saw Microsoft investing in Korean blockchain gaming company WeMade, the game developer behind the popular MMO game series Mir.

WeMade’s newest venture is in a blockchain company called Wemix 3.0. The platform will deploy a blockchain network and allow cryptocurrency transactions to be verified and recorded on the blockchain.

Moreover, the company also has an NFT auction site that allows NFTs and DAOs. Besides, WeMade’s newest title, Mir4, is arguably the world’s first AAA blockbuster blockchain game. It is not known how much Microsoft invested in the $46 million investment round.

In other news, Square Enix’s financial results show an overall revenue fall despite Final Fantasy 14’s rise in sales. However, the report shows Square Enix’s focus on the new domain of blockchain, with blockchain games and entertainment as its medium-term strategy. The company also unveiled its first NFT IP, Symbiogenesis, launching its first sale of NFT collectibles.

The report also shared further plans with Shi-San-Sei Million Arthur NFTs, investments in the Bitcoin platform Zebedee, investments in Blocklords, Cross The Ages, Animoca Brands, and the Sandbox.

The blockchain gaming industry continues to thrive and attract investments, especially from Asian companies. NCSoft, South Korea’s gaming giant, invested $15 million in Mysten Labs as part of the previously announced $300 million funding round.

Mysten Labs’ ongoing project is Layer 1 blockchain development, which will serve as infrastructure for Web3 games. The company emerged in 2021 and launched its first project, Sui, a decentralized proof-of-stake blockchain. Its recent $300 million in fundraising was led by FTX Ventures. Other notable participants were Jump Crypto, Apollo, Sino Global, Dentsu Ventures, and Coinbase Ventures.

Finally, FIFA’s parting ways with EA led to its entry into the blockchain gaming space for the very first time. The organization will start with four Web 3.0 games that will coincide with the FIFA World Cup 2022. The first game among the lot is AI League: FIFA World Cup Qatar 2022 Edition. The developer behind the game is Altered State Machine. The game is a 4-on-4 casual football game where AI will compete and players will have input in between. Furthermore, AI-controlled players will earn four distinct collectibles.

FIFA World Cup 2022 is the second game in the upland metaverse. This project is a collaboration between FIFA and Upland. Upland is a blockchain-based metaverse with virtual land assets that provide full ownership to players.

The third game on Phygtl is the FIFA World Cup Qatar 2022. Phygtl is a mobile application for fan engagement.

The fourth and final FIFA game on the blockchain is Matchday Challenge: FIFA World Cup Qatar 2022 Edition. It is a social prediction game based on football cards. It will be interesting to see how football game fans around the world take FIFA’s new ventures in Web3 gaming.

Finally, we have Mythical Games, a blockchain game developer, going after cost-cutting, leading to the laying off of 10% of its employees.

The company is valued at more than $270 million in venture capital; previously, it was valued at $1.25 billion. The reason given by the company behind the recent firing was the economic downturn.

The company’s leading project in blockchain gaming is Blankos Block Party, which is suffering from a low daily active user count, leading to difficulty finding games for online players.

Square Enix enters into the transitional phase from Web2 to Web3 with its new NFT gaming project, Symbiogenesis. It is an Ethereum NFT web-based game

Square Enix Announces it’s First Ever Ethereum-Based NFT Game

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Exciting development in NFT games as Japanese big shot Square Enix announces its first Web3 project.

Square Enix is a renowned name when it comes to gaming, its flagship project is Final Fantasy, and Tomb Raider which enjoys massive popularity throughout the globe.

Now, Square Enix enters into the transitional phase from Web2 to Web3 with its new NFT gaming project, Symbiogenesis. It is an Ethereum NFT web-based game.

The announcement came yesterday and the game is termed an interactive NFT art-collecting game. Square Enix calls Symbiogenesis a franchise, which means that the project is here to stay.

Symbiogenesis: Square Enix Announces it's First Ever Ethereum-Based NFT Game — Square Enix enters into the transitional phase from Web2 to Web3 with its new NFT gaming project, Symbiogenesis. It is an Ethereum NFT web-based game

Additionally, the developer has clear plans to back this franchise with a massive ecosystem that will drive the game.

The release date isn’t officially out there as of yet. However, Square Enix did reveal the launch window where we can expect the game to hit the markets during the Spring of 2023.

As for the game or gameplay, there isn’t much information out there at the moment. The only information is that the game is interactive, narrative-driven, and web-based. Moreover, players will have their own NFT avatars engage in missions revolving around questions of monopolization and distribution of resources, and several other exciting game modes backed by blockchain.

Previously, Square Enix announced Final Fantasy NFTs on the game’s silver jubilee. These NFTs will also launch next year alongside the much-anticipated game.

Besides, the developer also plans to bring the Dungeon Seige franchise into another blockchain platform; The Sandbox. Square Enix believes that NFT’s will revolutionize the gaming industry.

Square Enix is not alone when it comes to taking a leap from traditional gaming towards Web3 gaming. Some other big names include Ubisoft, Team17, and Sega which are making heads in blockchain gaming and NFT projects.

Poly World Game Review: Capture, Train, Fight, and Earn in Upcoming MMORPG

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Poly World is a promising upcoming free to play creature collecting blockchain NFT game. Today, we will introduce you to a magical open-world game that fully utilizes Web 2 and Web 3. The combination of both Web2 and Web3 makes it unique in the gamefi category as it introduces monetization into a rich game world in the RPG genre. So, the game is for everyone, and every gamer can enjoy the game and have fun, either you are a casual gamer, blockchain gamer, NFT collector, or crypto maxis, the game is for you and the ownership resides with you.

Poly World Game Review

Poly World invites gamers to its breathtakingly beautiful open-world metaverse with many magical creatures roaming in it. The graphics meet the high-end bar with a lot of eye-candy visuals and superb textures. The game is an RPG adventure game where you as a player sets on a journey into the Polyworld metaverse to collect creatures from different places. The game has several settings and environments featuring meadows, castles, lavas, starry nights in a jungle, and vast mountainous terrains. The aim is to catch, train and evolve the best polymons out there and battle with others to become the best.

Poly World: Capture, Train, Fight, and Earn in Upcoming MMORPG — Poly World – Poly World Game Review

The game gives a lot of Pokemon vibes where you do the same as Poly World offers. An RPG where you collect monsters, assemble a team, and battle other monsters to become the best. So, if you are a Pokemon enthusiast, you must try this open-world metaverse game with a lot of earning potential in it. You will catch, train, fight, and most importantly, trade your Polymons in this RPG adventure game. Moreover, you can also own land in Polyworld and monetize in any way you like. You can host tournaments, build structures, do events, socialize, and use land resources.

Poly World NFTs and Blockchain

Poly World has the vision to bring gamers with them in decision-making and give them true ownership and proper decentralization. The game offers decentralization via its in-game economy and transitions them to real-world money.

True Ownership of in-game Items

The game offers true ownership to its players. Whatever a player collects in the game, the in-game item’s IRL will remain with the player forever. Every in-game asset is tradable, tokenizable, and for sale in the marketplace. The game makes it secure for the players by using the Ethereum blockchain network.

Game’s Cross platform NFTs

Poly World NFTs are cross-platform digital assets that are usable in other games that are on the Ethereum network. Moreover, the game shall use static and dynamic NFTs. Static NFTs are the Poly World metaverse land that a player will own. As for dynamic NFTs, they will change depending on the player’s Polymon levels.

Poly World Tokenomics

The game has two tokens in its tokenomics: POLY and POLYLAND.

POLY: POLY is an ERC-20 token and is the base token of the game. Players will use the token to make in-game transactions like paying for in-game items, event fees in tokens, tournament fees, etc. The token is also important for creators too as they will buy Assets, Lands, and helps in exploring the game’s metaverse more.

POLYLAND: POLYLAND is a digital land in the game’s metaverse. The game offers players land to use to construct, populate, and host events and other activities. LAND is a unique NFT on the Ethereum blockchain.

Poly World Earning Potential

Players will have the option to stake POLY on the Land under their ownership in the Poly World. This will generate passive income for the Holders.

POLY will also let players cast votes in Poly World’s DAO governmental structure giving a say in the game’s matters. Players will have the opportunity to have their say in upcoming new content, game features, or roadmap decision for the future of the game. Check out the Poly Badge NFT’s recent release dates here.

Polylands

The game has lands that are backed by blockchain making them NFTs. So, a player can own these lands in the Poly World metaverse. This makes Polylands have two types of lands: player-owned lands and game lands.

Game Lands

Game Lands are owned and created by Poly World Company and comprise 35% of all the available land on the Poly World map. This is where all the action will take place related to the gameplay.

Player Owned Lands

A huge number of land is available for the players to own i.e. 149,729 plots. There’s also a total of 21,927 plots reserved for partners, creators, and game rewards, so, 12,802 plots available for players to own.

Final Word

The game has a lot to offer to the gaming community in sense of true ownership in terms of NFTs and other in-game digital assets. Poly World Land sale is opening its sale on the 10th of November. So, a timely heads-up for our side to become an early bird.

Want to read more news? check P2E game news. Longlist of P2E Games is here.

Get to Know Gala Games, a Leading Player in Blockchain Games

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Gala Games made it to the industry only a few years ago in 2019 and was among the pioneers of the “Play to Earn” games. It stood out from the rest because the company was rewarding players with tokens (GALA) for playing games on their platform in 2020 which was something out of the box at that time. So, how did Gala Games make it so big in such a less time? Stay with us today to get to know about Gala Games and what it has to offer.

Gala Games Team

The magic lies in the team, and you will get footprints of the massively popular Zynga Games here. There were 60 developers working on the platform, which has more than 1.3 million active users right now. Eric Schiermeyer is the project’s CEO. Another notable accomplishment of Eric’s is that he was a founding member of the renowned social game company Zynga.

Their main objective was to create a blockchain-based gaming network that would give players more control and ownership over games. Moreover, they aim to make blockchain gaming simple so that even those new to the blockchain concept can have fun playing and earning.

Gala Games - Blockchain Games - Play to Earn — Gala Games – Blockchain Games – Play to Earn

How do Gala Games Operate?

Just imagine an online gaming platform like Miniclip or Steam but all the games that you play are powered by the blockchain. Also, all the play to earn games that you find here are free to play. These games are played through dApps or commonly known in the blockchain industry as Decentralized Applications.

A long-standing concept, play-to-earn games and blockchain-powered games with assets completely owned by users is nothing new. Gala Games, however, stands out from the other platforms in this category thanks to a few unique characteristics.

Gala Games is based on the Ethereum blockchain, but lately, the company used the p.Network Bridge DApp to connect the GALA token to the Binance Smart Chain as a BEP-20 asset. As a result, users will be able to drastically reduce transaction costs when using or holding GALA tokens. Gala Games is also a community-driven platform. The platform’s network is powered by community-owned nodes. In order to evaluate which games and features are most well-liked by the community, the development team and operational staff frequently interact with them.

Gala Games Online Store

One thing to love about Gala Games is their online store. Thanks to its built-in marketplace, Gala Games makes it simple for users to buy and sell in-game assets. Also with help of this market, gamers may quickly get the funds they need to loot their games or buy new characters and gear to improve their gameplay.

The Gala Token

As you might have noticed that all projects as such have their own utility token and for Gala Games that token is called GALA. The primary digital asset in the Gala Games ecosystem is this token, which is used for a variety of functions including item purchases, peer-to-peer payments, and rewarding nodes.

By running a Gala Node, players can also utilize the token to support the Gala Games network. If you don’t know how to set up a Gala Node, then click here. The user must first obtain a license in order to run a Gala Node. Once you’ve obtained a license, you can operate the node software from the convenience of your computer and receive rewards in the form of “rare” GALA and NFT tokens. Running a Gala Node is by no means cheap and prices change based on the market. Ethereum (ETH), GALA, or Basic Attention Token are all acceptable forms of payment (BAT). Something to keep in mind is that there is a 50,000-node limit that cannot be exceeded.

How Much Are They?

A fixed 50 billion token maximum supply is available for the GALA token. The project’s creators claim that 17,123,286 GALA tokens are awarded every day in total. The founding node’s operators receive fifty percent of this dividend. The Gala Games conservatory is where the other half goes.

Gala Games has incorporated a halving cycle into its operation, just like Bitcoin and other cryptocurrencies do. The issuance is cut in half every year with halves, precisely on July 21. Therefore, by dividing the rate of issue to 8,561,643 GALA per day (this subsequent halving took place on July 21, 2022).

Blockchain Games Under Gala

For now, only 3 of these games are playable for users, while most of these games are set to release in 2023. The team is always sharing videos of the gameplay and how far each game has progressed in their communities.

Spider Tanks
Town Star
Superior
Champions Arena
GRIT
Fortitude
Battlestar Galactica
Eternal Paradox
Town Crush
The Walking Dead: Empires
Legends Reborn
Mirandus
Legacy
Last Expedition
Echoes of Empire

Read the story of another leading blockchain game developer and Web3 evangelist, Animoca Brands, by clicking here.

Thank you for reading, and do share with your friends, if you like this article. More news here.

Blockchain Games And Metaverse Projects Continue Growing

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Blockchain games brave the crypto winter like no other according to a recent report by DappRadar. Video games remain the silver lining amid a ferocious crypto winter storm as it is still active in the adoption of blockchain technology.

Moreover, it also gets embraced by venture capitalist firms and continues to get noticed by them. The industry data shows a lot of promise in blockchain games and the figures do not lie.

Blockchain Games And Metaverse Projects Continue Growing — Blockchain Video Games And Metaverse Projects Continue Growing

Blockchain video games continue to attract venture capitalists in the third quarter of 2022 despite the bear market. Among other digital assets, it’s the crypto gaming sector that is showing signs of long-term value as well as stability.

Alien Worlds and Splinterlands remain the two most played Web3 games, with over 160,000 daily UAW registered in September. Gameta, a gaming platform first deployed on Solana and now running on the BNB Chain, attracted over 1 million daily UAW in September.

According to the report by DappRadar, blockchain games and metaverse projects raised $1.3 billion in Q3 between July and September. The figure, when compared to last year’s investment accumulation in Q3, is double in number. However, when compared to Q2 of 2022, it appears a decline of 48%.

The standout domain in terms of investment is the Web3 metaverse projects and infrastructure which accounts for roughly 36%.

As for the blockchain games, the number of unique active wallets records an increase of 8% month over month reaching 912.000. Moreover, 7 out of 10 blockchain games confirmed an increase in unique active wallet addresses. There are more and more multiple blockchain games with truly immersive game mechanics that take entertainment to the next level. Even tough the haters keep hating, this is what we expected.

The total value locked also shows sign of recorvery with a 2.9% increase when compared to the previous quarter but it is not extraordinary as it is $250 billion less when compared to 2021.

The number of daily Unique Active Wallets (UAW) that interact with blockchain dapps rose 12 percent to 1.81 million on average.

DappRadar also notes that Web3 games continue to be the sole driving force for the dapp industry.

As for blockchain technology, Ethereum remains the leader in Q2 2022 with a share of 69% among other chains. It also recorded an increase of 3.17% accumulating to $48 billion.

The NFT domain sees a decline in the popularity of OpenSea Marketplace due to competition from new entrants; Magic Eden and X2Y2.

The impact of blockchain games is also visible in the NFT market, where Gods Unchained cracked the top 5 collections by trading volume in September with over $18 million generated by its game assets.

Key Takeaways

The number of unique active wallets in the blockchain gaming industry increased by 8% (912K) month-over-month, and its dominance remains over 48%.
Gameta, the new Web3 gaming platform on BNB Chain, became the most used dapp in September, surpassing PancakeSwap, with over 1.33 million unique wallets in the past 30 days.
In September, due to a P2E gaming tournament featuring significant in-game NFTs for winners, Benji Bananas, a game produced by Animoca Brands, had a rise in unique active wallets of over 2,400% from the previous month.
The Sandbox Alpha Season 3 has over 90 experiences, with 4 million people registered with a wallet, and over 200,000 daily active users.
Move-to-earn projects are gaining popularity and flourishing in this bear market. Sweat Economy minted a record-breaking 10,000 NFTs on Near Protocol, StepApp will be available for iOS and Android on December 1st and, OliveX, the digital fitness company that developed Dustland, collaborated with The Sandbox to develop the fitness Metaverse.
Blankos Block Party and Star Atlas, two online games using NFTs, became the first Web3 titles to be released on the major PC gaming marketplace Epic Games Store.
With over $18 million in sales in September, the digital collectible card game Gods Unchained climbed into the top 5 collections by NFT trading volume.
September’s investments were the lowest all year, only $156 million were raised by blockchain games and Metaverse-related projects. However, this month showed us that the industry never ceases to build.

Earn Money, Play Digital Cards — Splinterlands, the Future of Card Games

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Experience the mythical folklore around magical monsters, gorgeous creatures, and fiery beasts in this play to earn an NFT card game. The collectible card game is built on the Hive Blockchain with a lot of precious cards and several earning opportunities. It is an online multiplayer competitive card battling game that will have you as a summoner. If you are into card games and also have a knack to earn and make a side hustle, then this next-generation play-to-earn card game is the right fit for you. Join us today in reviewing one of the leading blockchains NFT games out there, Splinterlands.

But before getting into the detailed review, if you are in a hurry, do check out our brief overview of the game here.

Splinterlands takes massive inspiration from Hearthstone and Magic the Gathering. Both these games are astronomically popular traditional digital card video games with die-hard solid fan bases and communities. Splinterlands take the idea from both these games and takes gaming to the next level where players can actually own digital cards that have a monetary value attached to them. A lot of promise resides with the game in terms of growth as well as earning potential.

Splinterlands Game Review

The game gives opportunity to the players to buy, sell, trade, rent, and collect NFT cards. The cards as well as the Splinterlands token hold great value in them. The game also gives rewards to skilled players, moreover, regular tournaments also provide skilled players to make real money. So, how do you start playing it?

Splinterlands is essentially a free-to-play game but you will need to buy the spell book early on to get access to essential features. These features are important for a player to progress in the game. So, the idea is simple, get your hands on a summoner, build your deck of cards, and battle against other opponents in the arena to win rewards, and enjoy the glory.

Meanwhile, check this beginner guide on the game if you are more interested in understanding classes, elements, summoners, and more.

Splinterlands Gameplay

The game is online, where you are pitted against another online player live. The game will require you to design your deck in an ideal way to stay atop your opponent. Once you set your deck, the battles take place automatically depending on the stats of the cards. The cards will play themselves based on several attributes like speed, health, superpower, attack power, and more. Meanwhile, what you can do is just wait with your fingers crossed. Your main aim is to reach higher classes, expand your deck, refine your strategy and lock horns in big battles to reap massive rewards.

The cards work just like other collectible card games. Each summoner has elements, and there are seven elements in Splinterlands. These elements are Fire, Water, Earth, Life, Death, Dragon, and Neutral. A monster hailing from these elements will have a unique set of abilities including attack range, and even damage stats. And to top it all off, some cards are pretty rare and super precious. So all you need to do is to get your brain going to keep your strategy sharp.

Renting Cards in the Game

Dark Energy Crystals (DEC) is what you will keep an eye on and try to grab as much as you can. You will need to reach Bronze II to even begin accumulating DEC, needing at least 1000 CP (Collection Power). So to reach there, you will have to grind a lot. An easy way to save hundreds of hours is to get hold of renting cards. You can obtain 1000CP by paying rent in pennies. The rent is payable via Paypal or DEC. So rentals is what is keeping Splinterlands affordable and playable at higher levels.

Splinterlands - NFT card game - Hive Blockchain — Hive Blockchain

So in the end, if you want to test this collectible card game, you just need to spare $10. You will have the luxury to enjoy the game. However, if you are coming in to make good hundreds of bucks, then you need to level up your skill, and strategy, and even pour in some more money. The best thing about the game is that it is addictive and holds the opinion of the community dear. The game’s Discord is a busy place where town hall meetings let gamers voice their opinion.

Splinterlands will go a long way, it will improve and make necessary amendments as it progresses. It has a marketplace having more than 100,000 sales per day. It is a must-play NFT play to earn games for card game lovers. The opportunity to earn has made the game ultra-competitive at higher levels, so you need to gear up if you are eyeing a handsome income from the game. Or you can just casually play the game and have some fun whilst making lunch money.

Stay with us for more on Splinterlands as we will discuss in upcoming blogs what is coming up for Splinterlands. Meanwhile, check out our blog on Pegaxy if you are more interested in horse racing.

You Did Not Play The Sandbox? You Should!

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Metaverse is a digital world to facilitate gaming, and online communities and virtually creates a reality for different purposes. Many blockchain play to earn game developers use metaverse to make a virtual space for elaborate gaming experiences. So, as for today’s game, the Sandbox, check game review, is a metaverse platform based on the Ethereum blockchain. This enables its users to play games to earn, build, sell and buy gaming experiences using SAND, LAND, and other tokens. It became publicly available as an alpha release in 2021.

The Sandbox began as a game builder simulator but soon in 2018, it made a transition into a blockchain development unit by Animoca Brands, a tech brand. It gives its users the opportunity to come together to create and monetize new products and sell them through tokens. The monetization of the Sandbox is through NFTs (Non-Fungible Tokens) or the platform’s utility token which is SAND. It is proving to be popular among users and creators. On March 2022, Sandbox hit 2 million users.

So, Why Should You Try The Sandbox?

The Sandbox players can build their own virtual LANDs and can develop different sorts of games through the products created or bought in order to monetize them. The games created can also attract people from around the world to test the gaming experience by playing to earn features.

Understand Sandbox

The Sandbox includes three main parts; Vox Edit, marketplace, and game maker. Vox Edit or Voxel software is where the Sandbox users create their ASSETS using blockchain as NFTs. ASSETS can be anything from a building or a part of it. These ASSETS are using 3D pixels called voxels. These voxels will help you build any asset and are reusable according to every game or virtual reality. There is a high demand for ASSETS that you can buy right away and use in LAND parcels making new realities.

The Sandbox Marketplace

Then comes the marketplace, where these ASSETS are tradable with other users. These in-game ASSETS will let all users develop their games or products after buying. The ownership of these ASSETS or NFTs lies in the marketplace and it becomes the platform for exchanging, buying, and selling with monetary gains.

The third feature of Sandbox is the game maker where the user can develop new 3D games and realities using the NFTs they created in the vox edit or they have bought from the marketplace. Absolutely no coding knowledge is required for the user to create the games in Sandbox and people from around the world can be part of this virtual reality.

The Sandbox - Animoca Brands — The Sandbox – Animoca Brands

The NFT Frenzy in the Game

Sandbox is empowering its users and players through NFTs. The material gains of the users of Sandbox are through its digital ownership, security, trading, and cross-application of the ASSETS. It gives its users the liberty to develop their virtual LAND as they like for both crypto and non-crypto users and the owners of NFTs in Sandbox can also control the policies of the metaverse as there is no central authority and the owners are themselves the complete authority over their ASSETS.

Credible Regulations

There is a regulatory policy in the Sandbox marketplace to ensure equal opportunities for all but it doesn’t hinder the imagination of the creator of the digital world. Sandbox enables its users to use their ASSETS in other metaverse created on blockchain technology. The ASSETS are uploaded to the blockchain ecosystem through the marketplace of the Sandbox and these products are then converted into NFTs. The tokens add to the NFTs to monetize them. The tokens used in Sandbox are of three types; SAND, GEM, and CATALYST. SAND is the primary utility fungible token within the platform that helps in trading ASSETS on the marketplace. GEM and CATALYST show the scarcity and attributes of the ASSETS thus GEM is there to enhance those attributes while CATALYST provides the empty sockets or slots for the GEM to fill in to enhance the asset.

The SAND and LAND

SAND is the most important aspect of the Sandbox metaverse as it is the only way to buy a piece of the metaverse or LAND. The LAND is the digital piece of real estate in the metaverse. By using this LAND the owner can create any reality and experience they desire and want. Once someone buys LAND, the complete ownership of the LAND and everything on the LAND belongs to the owner. A total of 166,464 LANDs are available in the metaverse map that makes Sandbox.

Since there is a limited number of LAND therefore the landowners can also lease their LAND. Renting means that the parties will build fully functional games and worlds on the rented LAND. It is also a method of monetization without much effort. SAND is an ERC-20 token built on the Ethereum blockchain used for all the transactions in Sandbox be it for playing games, buying ASSETS, LANDs, or building or developing avatars.

The Sandbox - play to earn — The Sandbox

Take the Leap

In order to enter the metaverse of Sandbox, a user needs to create a crypto wallet. Sandbox supports MetaMask, Bitski, and Coinbase wallets. The best of these is MetaMask. To get the full experience of this virtual reality one has to create an account on the Sandbox website using the MetaMask wallet. Although Sandbox is not free-to-play and requires an initial investment, however, you will be able to earn back your investment and way more cash in a short period of time. If you still have not joined Sandbox, stop thinking and do it now before it gets too late.

Check out our other promising play to earn game in this blog.

Animoca Brands acquires Power Rangers developer nWay

Animoca Brands – The Full Story

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There is always a handful who bear the torch and lead the way in uncharted lands. Animoca Brands is one of those beacons in Web3, digital entertainment, video games, NFT, and the blockchain technology that is leading by example. Most of us who are familiar with games are already aware of this rising video game giant. However, if someone isn’t then delve right with us into the story of Animoca Brands and its fairy tale success.

Animoca Brands Suffers Ups and Downs Along the Way

Animoca Brands, like many other gaming companies, took off on conventional gaming focusing on mobile platforms. It was one of the biggest and leading mobile gaming companies in Asia until a tragedy struck in 2012. The company had a solid fanbase for its games with more than 40 million downloads on Apple’s App Store. They were sailing smoothly with annual revenue of over $20 million. However, Apple’s decision to deplatform Animoca due to the cross-promotion of its apps had a severe impact.

Fate Takes Auspicious Turn for Animoca

The fate took a turn for good after a couple of years in 2017 when Animoca Brands got into blockchain. Their very first venture was in a cute little meek blockchain and NFT game; CryptoKitties. The company’s decision to acquire CryptoKitties’ developers Fuel Powered and Axiom Zen was spot on. The game wasn’t supposed to be a huge hit when before its release, but it soared in popularity. Right at that time, Animoca also jumped into Dapper Labs and become its shareholders. It was the potential that NFTs have that made Animoca go all in into the domain.

decentraland - Animoca Brands -video games - blockchain games — decentraland – Animoca Brands -video games – blockchain games

After that, it was as if Animoca had a hand of gold, whatever it touched turned gold. Animoca Brands was just getting started with its acquisition of Sky Mavis, the creator of the massively popular Axie Infinity game. Then the company also got its hand in OpenSea in the early days, now OpenSea is the world’s largest NFT marketplace. Besides, Animoca also owns Wax, Decentraland, and Sandbox. All of these are astronomically popular among gamers. All of these major buying and investing came in during 2018 and 2019.

The Sandbox - Animoca Brands -Web3 - NFT Games — The Sandbox – Animoca Brands -Web3 – NFT Games

Animoca Brands Suffers Another Bump

However, it wasn’t all rainbows and sunshine after getting into crypto. Another deplatforming or delisting was waiting for Animoca. The company was publicly listed in Australia on ASX. The decision to indulge in NFTs and crypto led to Animoca losing its status on ASX. The event led to crunch time and valuation dropped drastically. But now, the company stands tall with more than a $5.7 billion valuation after several successful acquisitions. It might seem that it’s a walk in the park when it comes to acquiring companies, not for Animoca.

The Trick of the Trade

Animoca Brands is a serious prospect when it comes to research and development. Rigorous research takes place before each and every acquisition. The company looks at several different factors like gameplay, game category, market size, market competition, and finally the result of playtesting. Their research layout surely does work if we fare in Axie Infinity and Alien Worlds. Moreover, their success also lies in timing, Animoca Brands is more of a seed investor and series A investor in projects.

The shopping spree for Animoca continues all year round. Recently, the company entered into partnerships with Yuga Labs, OneFootball, Planet Hollywood, Cube Entertainment, and Untamed Planet. Despite the crypto winter the company didn’t stop investing in blockchain technology and Web3 projects. The mantra is still the same in 2022 invest in projects that are working on open metaverse, conducive, and innovative. Animoca’s commitment to this radical ecosystem is unwavering.

The Future of Web3 According to Animoca Brands

Animoca Brands believe that Web3 is an evolutionary phenomenon and it will become the new normal in the future just like the internet. Digital property rights, economic decentralization, and freedom will give become beneficial for billions. Moreover, according to Animoca, Web3 is still in its early days, and its application is also in the nascent stage just like how the internet and smartphones rolled out. They believe that the current market crash will not kill Web3, NFTs, open metaverses, and or cryptocurrency. These are cyclical variations and bumps along the way. The future is only apparent to those who see the broader perspective and consider the technology in the long-term view.

Animoca Brands Upcoming Titles

As for the upcoming titles, Animoca Brands is eyeing AAA titles with top-notch production. Titles like Life Beyond, Phantom Galaxies, and new partnerships indicating a football game, have us all revved up and excited.

Check out this report on crypto gaming, and how it fared up in 2022.