The future of crypto-gaming is upon us: Play to Earn


       Crypto and video games, a marriage made in heaven, is becoming more of a reality everyday. It hasn't been the easiest road for sure, but finally some headway has been made and games are popping up all over the place. The level of smoothness in the overall play has improved dramatically in recent months. The intensity has also seen a makeover that has begun to push the limits of gameplay.  In the coming months, there are dozens of new games being released that will continue to fuel a new era in video gaming. Companies like Gala, Hello and Decentraland have poured a ton of money into creating games and strengthening the industry. In 2021, companies involved in gaming and the metaverse saw big growth, but then everything fell flat and video gamers rejected much of what was out there as boring, not challenging and basically not worth their time. Now, 2 years later it is time. In this article we will review some of the crypto companies bringing you the hottest games out there.

GALA $0.03798

       Gala Games is most famous for its game Townstar, which was the next version of the popular Farmville on Facebook. They also have Spidertanks, Mirandus and Fortitude, all legit games with a growing popularity. Gala is undergoing a big change and revamping the Townstar ecosystem, getting rid of the town coin, and replacing it with the Gala token itself. This is being heralded by the community who felt dissuaded to play the game with the value of the town coin dropping like a stone with the bear market. With this revamp of Townstar, which is very addicting and fun to play, Gala is positioning itself as a top play to earn company in the upcoming years. Spidertanks alone has a strong following and is a blast to play. The Gala coin itself is used as an NFT cryptocurrency, allowing you to own certain NFTs and use them in game play to earn more.

       With the crypto industry beginning to lean closer to a bull market, I think that Gala is a very strong buy at it's current price. It has reached as high as $0.74 and has the potential to shatter that in the upcoming year. Though it is unclear of how many the maximum amount of Gala tokens will be issued, there are currently almost 7 billion in circulation, which can be seen as a drawback. But, with what is being called a dream team of game designers working together to make Gala's library more desirable, the future is bright. With a market cap just over a quarter of a billion dollars, and 24 hour volume of over $325 million, there is much room for this company and its token to grow, making it a no brainer for my portfolio. Do your own research and see what you think of this coin's future.

DECENTRALAND  (MANA) $0.5573

        Back in 2020, watching a youtuber, I was told that Decentraland is the future of the metaverse. Excited, I delved into Decentraland and attempted to explore the metaverse. Like most, I was unimpressed to say the least. Gameplay was choppy and graphics were no better than Roblux graphics, and pretty darn boring. Upon further investigation I read that it is a metaverse where content creators are meant to come and show their wares. Decentraland actually describe itself as "a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience and monetize content and applications. Immediately it sounds much cooler to me, though it also sounds like something that is light years beyond my understanding. But, thankfully, as I peruse the Decentraland metaverse a little more it starts to make more sense.

        I highly recommend you visit Decentraland and see how it works for you. Some will be turned off, because it may not seem very exciting to them, others will be fascinated with how the internet, entertainment and blockchain technology are changing the way we live. A big belief here is that Decentraland is going to attract the next generation of creators who may find a space that provides them with the tools they need, not only to express themselves, but to discover their capabilities as well. The idea that one can purchase a plot of land and then create and monetize there is "ready player one" level. NFTs and their use and creation is a big part of this platform which means they are betting on something that has not fully taken off, but seems to be regaining strength. The race to metaverse dominance has been on for a few years, but apparently all the players tripped and fell at the starting line. They have been picking themselves up and are trying to get back in it....who will win is not yet clear.

UFO Gaming  $0.000001537

UFO Gaming is a sleeper pick for me. I will be upfront to tell you I have invested in this token, so there may be some bias here, but I will try to make an honest case of it. UFO is a decentralized gaming platform with play to earn components, NFTs, and staking. Some of these platforms get pretty detailed, and UFO is no different. To simplify it, users can mint playable character NFTs called UFOeps by utilizing the in game utility points called Plasma points to buy UFO tokens. These characters can then be used to battle against a menacing alien race defending world peace and earning points by achieving certain tasks. The whole premise sounds very sick to me, looking forward to trying this one. I love the idea of continually farming coins, this type of passive income is going to be very big in the near future.

        Ok, so it is not just the gaming here that interested me, it is more the current situation. 100 percent of this token is in circulation. That is always good news...no more dilution. Bull market is coming.....the potential for significant growth here is big with only a 40 million dollar market cap. I believe UFO will crush its all time high of $0.00005252, but even if it just reached that again, you would see handsome profits. Again, I am no financial advisor, so as always do your own research. After its current growth and research phase, UFO is set to release its own metaverse, based in part on its flagship Super Galactic game. The biggest negative I see is that it is on the Ethereum network, which usually makes it more difficult to get coins and more costly with gas fees. I realize this is in the micro cap arena, but with big risk can come big reward. Hopefully these designers and founders of UFO are ready for the test of a bull market.

Conclusion

  I like all three projects here for differing reasons, but I lean toward Gala and UFO in terms of strong gains. I expect to see strong growth in all three due to adoptions, strategies and game quality offerings, but the last crash did more damage to Decentraland's reputation than either of the other two. For sure, the gaming market will be a great battle for dominance in the web 3 gaming sector. All of the many different players will be pushing each other to create new, exciting and groundbreaking content.

 

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CryptoMorelChef
CryptoMorelChef

I am a professional chef/instructor who has become obsessed with crypto. I have spent thousands of hours researching and love to teach what I know. I am looking for like minded people to create discussion and help band together in this crypto future!


To the moon on a crypto rocket
To the moon on a crypto rocket

A crypto trader's journey from first hearing about bitcoin to eventually trading dozens of cryptocurrencies. Understanding the many lessons learned, the expectations for the future and the reality of crypto in the United States today with an unfriendly SEC agenda.

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