The Best Blockchain Games for Market Cap: The Sandbox Takes the Lead
If you’re curious about the best blockchain games based on market cap, look no further than The Sandbox, Decentraland, and Axie Infinity. According to Chainplay, these games currently hold the top spots in terms of market capitalization. The Sandbox leads the pack with a market cap of $682 million, followed closely by Decentraland at $655 million, and Axie Infinity at $572 million. These games have gained popularity due to their early entry into the crypto world and their association with the metaverse.
The Sandbox is a dynamic virtual world where users can create and trade NFTs, avatars, virtual goods, and games. It utilizes VoxEdit and Maker games and allows users to monetize through NFT trading on the Sandbox Marketplace. The game’s native cryptocurrency is SAND, an ERC-20 token built on Ethereum. The Sandbox has attracted attention from brands like Gucci and Playboy, as well as celebrities like Snoop Dogg and Paris Hilton.
Exploring Decentraland (MANA) and Axie Infinity (AXS)
Decentraland offers a similar blockchain-based gaming experience as The Sandbox. It also rides the metaverse trend and has its own native token called MANA. On the other hand, Axie Infinity introduces players to a world where they can collect, breed, level up, and battle with digital creatures called Axies. These fantasy creatures inhabit Lunacia and can be owned as NFTs. Axie Infinity’s native ERC-20 token is AXS.
Axie Infinity has achieved remarkable success as it is considered the highest earning token of the Binance Launchpad.
Ranking Blockchain Games by Play-to-Earn: Galaxy Fight Club Takes the Lead
When it comes to play-to-earn blockchain games, Galaxy Fight Club leads the way, followed by Axie Infinity and Champions Tactics. Galaxy Fight Club is an Ethereum and Polygon-based game where players can collect NFTs to fight and earn crypto rewards. These NFTs, known as Galactic Fight Tokens (GFTs), have unique characteristics and can be customized with different weapons and accessories. The battles take place in an arena where GFTs compete in one-on-one fights and participate in tournament challenges.
Champions Tactics, developed by Ubisoft, is another play-to-earn game that uses only the Ethereum blockchain. Players assemble a team of mythical champions and engage in tactical battles against other players within the dark world of Grimoria.
Unique Active Wallet (UAW) Rankings: Farmers World Takes the Lead
Looking at DappRadar’s ranking for Unique Active Wallet (UAW), Farmers World stands at the top with over 319 thousand UAW. It is followed by Alien Worlds with 139 thousand UAW and Solitaire Blitz with over 51,000 UAW. Farmers World is an NFT game on WAX’s blockchain that revolves around agriculture. Players can farm gold and NFTs, use resources to create tools and equipment, and build farms. The game also features a marketplace where players can purchase additional items.
Alien Worlds is a DeFi metaverse NFT game developed on WAX. It offers players the opportunity to mine Trilium tokens, bet on planets, or even become a planetary advisor or ruler. Solitaire Blitz, developed on Flow Blockchain, presents a new twist on the classic Solitaire game and allows players to earn RLY tokens.
Hot Take: The Growing Influence of Blockchain Games
Blockchain games have gained significant popularity and are leading the way in the crypto world. The Sandbox, Decentraland, and Axie Infinity dominate the market cap rankings, while Galaxy Fight Club sets the standard for play-to-earn games. Farmers World takes the lead in terms of Unique Active Wallets, showcasing the interest in blockchain-based gaming experiences. These games offer unique opportunities for users to create, trade, battle, and earn cryptocurrencies. With the growing involvement of brands, celebrities, and developers, blockchain games are set to revolutionize the gaming industry and further integrate with the metaverse.
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