Back to the list

GameFi: The Perspective Projects in 2022

16 February 2022 15:20, UTC
Denis Goncharenko

The very first time we probably heard about GameFi was in September 2020. At that time, you could read the first information about the concept in the tweet of Andrew Cronje, the founder of the Yearn.Finance DeFi platform. GameFi is not infrequently described as a mix of DeFi (decentralized finance) and blockchain-based gaming. Thanks to GameFi, making money can become a fun and interesting experience, just like in a casino, that's why it comes as a little surprise that GameFi is enjoying ever-growing popularity. The factor that you can use your own game tokens or cryptocurrencies like AXS, DPET, or SKILL certainly contributes to the increasing popularity. The cryptos can be bought and they then support the player in advancing. Moreover, they can also be sold or traded with other cryptos or fiat currency.

The top of GameFi in 2022

Some games stand out from the crowd. We will describe which ones will be in the spotlight this year in the following review.

  • CryptoBlades

CryptoBlades is a web-based NFT role-playing game. Since CryptoBlades is available in every browser, there is no need for a download. Since this is a blockchain-based game that comes as a click game, it is very simple. Defeating enemies allows you to earn tokens. SKILL is the native token of CryptoBlades that powers the whole game, as players can earn rewards here.

The CryptoBlade team would like to add additional features in the future, this could be player versus player battles (PVP) for example, special weapon drops and a cheaper gas system are also being considered.

  • Alien Worlds (TLM)

Alien Worlds is a Metaverse DeFi blockchain-based game. This game runs on the Ethereum, BSC, and WAX blockchains. In this game, you can earn Trilium (TLM). This is the corresponding currency of the game, a fungible ERC-20/BEP-20/WAX token. In Alien Worlds, people fight for the scarce resource Trilium (TLM). Used for planet management, in-game currency, staking, gameplay incentive, and NFT purchases. NFTs or digital game items can be purchased by any player. They can be used to mine trilium, for example, or to participate in battles and complete in-game quests. Depending on the tactics chosen, each player is able to collect or acquire the NFTs. They are always beneficial for one's gameplay. In addition, players are also able to change the direction of the game by choosing the council members of six Planet DAOs.

  • Splinterlands (SPS)

Splinterlands is a digital collectible card game. It is based on the Hive blockchain technology. It is inspired by Hearthstone and Magic the Gathering arena card games. Here, players can collect cards with different attributes and it is also possible to compete against other players in tournaments. This world consists of 6 powerful kingdoms. Here, the battle is for the domination of Splinterland. Game of Thrones fans will definitely love this game. The blockchain technology that Splinterland runs on, logs all activities in the game. This greatly promotes transparency and fairness. As a result, anyone can participate in the game as long as they create their own Hive blockchain address.

While the game is free for all participants, it is still necessary for each player to purchase the Summoner's Spellbook for $10, as only then will all game features be fully unlocked. The Summoner's Spellbook ensures that each player gets access to their account key. Dark energy crystals can then also be earned. These can then be exchanged for real money. Dark Energy Crystals (DEC) is the in-game currency of Splinterlands. Splintershards (SPS) is the governance token for the SPS DAO. This is fully integrated into the Splinterlands game. Thanks to them, players are able to influence the ecosystem.

  • Upland (UPX)

Upland is an NFT metaverse. Upland is designed as a parallel world. In this world, players can both run their businesses and connect with other uplanders around the world. More specifically, it means that you can digitally buy or sell real estate, but it is assigned to real addresses. Cities available in this game include San Francisco, Manhattan, Brooklyn, Fresno, Oakland, Staten Island, Bakersfield and Chicago.

  • Axie Infinity (AXS)

Axie Infinity is an ETH-based game. The development of this game shows both an impressive increase in the number of users and AXS value. Launched in its origin in 2017, this project has gained popularity, especially in the recent past. Players in Axie can own cute creatures here. Here we are talking about NFTs or non-fungible tokens, that is, a unique digital collectible, of which one is then the rightful owner. In the game, the Smooth Love Potion (SLP) and Axie Infinity Shard (AXS) tokens can be used here. These tokens can be used to buy farms and land as well as to breed Aixies. Because the tokens have exchange value, they can also be used in real life.

  • My DeFi Pet

My DeFi Pet is a virtual pet game. In this game, DeFi and NFT collectibles are combined. This is the best place to imagine Pokémons meeting NFTs. Already, many players are looking forward to it. Animal lovers will love My DeFi Pet. Here, players finally have the ability to create their own personal NFT collectible pets based on their own character. Although the game, which is based on the blockchain, is still at a very early stage, the beta version has gained over 100,000 token holders in a few months and 1 million eggs have been purchased. In order to buy a pet in the My DeFi Pet game, you have to own DPET tokens. These then boost the game's economy.

These are the top blockchain games that players have been waiting for a long time. In these games, it is possible to earn money at the same time. However, the risks should not be hidden here, because the values of the tokens are volatile. This means that the chance of earning something here is just as big as the risk of losing. It is true that this is a game, but the real money is used. Therefore, if you play here, you should really only bet as much money as you can lose in an emergency.

Image Source: https://unsplash.com/photos/qFDBIFc701o