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Author Topic: Gaming tokens to invest in  (Read 440 times)
MrDave (OP)
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March 11, 2022, 05:08:26 AM
Merited by Silver80 (1)
 #1

Gaming tokens have outperformed the rest of the crypto sector this year. Platforms like Sandbox (SAND) have taken the industry by storm, piquing the interest of seasoned crypto investors and pro gamers. Even prominent video game companies like Electronic Arts and Ubisoft have predicted that the most successful games in the future will be powered by blockchain technology, allowing players to benefit from complete ownership of in-game items.
Moreover, with the gaming metaverse taking flight, gaming crypto tokens are sprouting up rapidly, and many promising projects are getting into the game (pun intended). So, let's look at some of the most interesting up-and-coming gaming projects and tokens of 2022.
Vulcan Forged ($PYR)
Vulcan Forged is a gaming crypto project that functions as a blockchain game incubator. This community-driven initiative assists creators with the resources, technology, and funding required. The platform also boasts its own NFT marketplace and its dApp and NFT construction tools, all of which are powered by the $PYR settlement, staking, and utility token. The platform also consists of a LAVA pool where players earn LAVA tokens by participating in any Vulcan Forged-created or hosted game.
https://vulcanforged.com/

UFO Gaming ($UFO)
UFO Gaming is a gaming project focused on creating a dark metaverse, which it defines as a closed-loop of an ever-expanding ecosystem of play-to-earn (P2E) games, breedable in-game NFTs, virtual lands, and other things. It has already launched its Super Galactic game, with other games coming. The platform features a one-of-a-kind ranking system that handsomely rewards active participants with $UFO tokens. The tokens are primarily used for making transactions within its gaming universe. The platform has recently ventured into eSports by hosting its own Apex Legends Tournament and Twitch streamers Apryze and Nokokopuffs.
https://ufogaming.io/

Citrus ($CTS)
Citrus is a gaming project that aims to speed the evolution of gaming while providing various solutions to the Blockchain world via its DeFi ecosystem, NFTs, and DApps. Using the power of crypto, Citrus is empowering multiple games with a scalable approach that will incorporate itself with various avenues. It has also launched its Clash CrushBlock, a blockchain-based play-to-earn game with added elements driven by simple simulation where players solve puzzles and convert game points to earn real $CTS tokens. Citrus also offers transparent and practical use cases, a sophisticated team, revolutionary social conscience, and a secure code audit to build the future of gaming.
https://www.citrus.tech/

Merit Circle ($MC)
Merit Circle is a new gaming project designed to maximise value creation across several games in the metaverse. It is branching the idea of a decentralised autonomous organisation (DAO) where members collaborate to participate in P2E games and trade NFTs to earn money collectively. $MC is the native token primarily utilised for in-game transactions, staking, and rewards. Merit Circle concentrates on the most popular games like Axie Infinity, which are frequently prohibitively expensive for novice players to enter independently. On the other hand, Merit Circle members establish subDAOs, each reflecting a different play-to-earn game. However, the mainDAO then receives contributions from all subDAOs.
https://meritcircle.io/

Aavegotchi ($GHST)
Aavegotchi is a gaming crypto project inspired by the famous Japanese digital pet portable game Tamagotchi. The platform allows users to create and care for virtual pets and many other incredible benefits. Each Aavegotchi virtual pet is an ERC-721 non-fungible token (NFT) with a cryptocurrency stake. $GHST is Aavegotchi's governance and utility token that will be utilised to purchase digital products like avatar wearables or to vote and participate in the game's evolution. This investment structure comprises tokens acquired using the Aave DeFi lending mechanism, where players receive interest based on the tokens they invest within their Aavegotchies.
https://www.aavegotchi.com/

2022 Will Be a Big Year for Gaming Tokens
2022 will be a significant year for blockchain gaming, and these top 5 gaming cryptos are all set to explode. Moreover, developers from all over the world are burning the midnight oil for creating promising projects aimed at enormously benefitting crypto fans and gamers. The dream of creating a massive game environment is becoming a reality, and as organisations see this increased demand, we will undoubtedly witness a fascinating blockchain gaming arena.
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March 11, 2022, 06:24:31 AM
 #2

This list can never go wrong, the projects are well established and the team are top notch too but there is more, UFO gaming is a good one that I'm going to keep storing bit by bit for the future but there are few badass play 2 earn games you left out.

1. Illuvuim
2. Decentraland
3. Derace
4. Atari

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March 11, 2022, 06:32:56 AM
 #3

that's a good list but I think that MC was a bit different compared with the rest and why? MC is pretty similar like a guild gaming token. This means if this token will act as a governance token for its gaming guild group.
I don't know if the new development happened and MC was turning to be another gaming platform that was focusing into the metaverse game like another game as well.

I have been playing Vulcan forged and this game is good enough to earn passive income for free without need small amounts of capital to buy NFT. UFO is not so good as this is full with gimmick and this project didn't even have a good product that can be played by anyone. I'm unfamiliar with citrus

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March 11, 2022, 06:42:25 AM
 #4

Yes! These are all projects with better products that have game tokens.
However, I am still a bit skeptical about the short-term situation. Maybe I will still wait for the next reaction to the market information in the coming days to evaluate. Personally, I also see P2E as just a small branch of the market, and most of the recent hype about it has only a few products left.

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March 11, 2022, 06:46:20 AM
 #5

2022 Will Be a Big Year for Gaming Tokens
2022 will be a significant year for blockchain gaming, and these top 5 gaming cryptos are all set to explode.
This statement that we always see and hear, but whether it really happens?, only a few tokens will probably rise, but I doubt whether the 5 gaming tokens you mentioned one of them will rises. Only projects that can offer something new and profitable to their holders that will be seen by token gaming lovers

Vulcan Forged ($PYR)
You know how much this token drops from the ATH?, I'm sure only bounty hunters are happy with this token because they earn quite a lot of money because this token is pumped, but those who buy when the highest price is now definitely being confused between selling or keeping it because the asset is declining even more than 75%.

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March 11, 2022, 06:47:19 AM
 #6

Vulcan forged is reliable for long term, if token goes very low I will be grabbing some for holding, UFO gaming isn't that good a play 2 earn game needs the fun intact this is why I like Nintendo games over many playstation games, give me the fun and you win.

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March 11, 2022, 08:08:30 AM
 #7

Play to earn is really the hype right now. So regardless of what token you will invest, I think it will be good.

But take into consideration that again, it is a hype, so you also need to be very careful. At least get some profit if the price goes up, and then just repeat the process. I myself is into Karastar (UMY), earning at least $100++ already.

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March 11, 2022, 08:15:12 AM
 #8

Still this projects won't make it this far without hype, play 2earn games are using hype on investors and not many of them are good, Vulcan forged is a good project but those who bought at ATH are in loss now this shows that nothing goes up forever, know when to enter and know when to exit.

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March 11, 2022, 08:44:54 AM
 #9

That's right, 2022 Will Be a Big Year for Gaming Tokens is the most memorable for me Sandbox (SAND), SAND is a good crypto he will become the world's no.1 crypto socialized gaming metaverse even though Sandbox rarely promotes their play to earn, he focuses on promoting it the game world itself. The Sandbox SAND, isn't just a game, it's a real metaverse world.

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March 11, 2022, 09:01:00 AM
 #10

I will say right away about investments, I have never invested in game tokens. But I think this is an interesting and profitable business, because there are projects that deserve attention, especially metaverses (P2E). From your list, I follow the development of UFO Gaming ($UFO) a promising platform.

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March 11, 2022, 09:32:54 AM
 #11

That's why we have so many junk play to earn games today, it's always about the hype that's what give birth to many useless crypto games, if you are wise you will go with the best ones like axie infinity, sandbox, wonderhero, thetan arena, bear market isn't even here yet I doubt many play to earn games will survive.

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March 11, 2022, 09:41:07 AM
 #12

We should choose project which has full gaming system and many games launch through this project like Sand,Mana,Gala,Volcan. These projects runs full module if Gaming system and gaming industry need this.
If we choose a single game project, may be it works fir 2 month but when trend end this project will disappoint you much.



 

 

 

 

 

 


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March 11, 2022, 09:49:12 AM
 #13

I think there are a lot of games that would be worth investing in and I think Illuvium is one of them. They are planning to be the best and first triple-A game rate that would give players the opportunity to really play to earn. The developers came from various gaming studios that produced known games so it will be one of the best games out there to be played.

It's hard to invest when those types of games become hype and it would be expensive at the start. I do hope that it would become one of the best games. Not hyping but basically, it looks like it's going to be one of the best.

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March 11, 2022, 09:59:59 AM
 #14

 We need to be smart when it comes investing  play to earn NFT's, because right now most of them are relying on hypes especially those projects that wants to scam investors because of trends. .So always remember that its our consideration ni matter waht and of course don't easily fell without any specific information.

Actual i have clash of streamers which a play to earn as well but the good thing on it is you don't need to spend any dimes in it. I mean it's totally free!  You need to collect stuff only and upgrade then you can earn..  

And for me its a good idea than risking money to any Play to earn because its quite skeptical since most people nowadays trying to get more attention using such features to scam investors..  Be aware guys!

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March 11, 2022, 10:07:42 AM
 #15

It's undeniable that game-based tokens are currently very popular, so it can be said that 2022 will be the year for gaming tokens, but I personally focus more on Sanbox (SAND) and Axie Infinity as investments because I think these two tokens have potential to be able to provide maximum income and be able to last longer in the world of cryptocurrencies

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March 11, 2022, 12:50:33 PM
 #16

               Honestly, I think this is quite a good list. I just wanna give a simple advuce for the people looking to invest on gaming NFTs and tokens nowadays. - Invest just minimum amount that you can totally ignore even when lost(remember, profit is profit), whenever you can, always take profits or at least your capital and leave fhe rest for speculative investment. What I am trying to point out is that everyone should be cautious with the gaming industry here in the crypto space because it is still in it's infancy. A better time on investing bigger amounts would be when the industry matures. Anyway, the decision is still up to you, saying so that there would be not much people who'd end up leaving this industry just because of being rugged.


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March 11, 2022, 02:19:10 PM
 #17

there are a lot of crypto games nowadays, but there is no guarantee the game tokens will last long, because too many games are boring and the devs leave after a lot of enthusiasts take over upgrades but the game doesn't run smoothly
but the game token you mentioned I prefer to hold only Vulcan Forged ($PYR)

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March 11, 2022, 02:44:07 PM
 #18

Those are solid gaming tokens except UFO. To be honest i have been watching this one since last year and nothing to show. I meant there's no game to be played but i don't even know why people are still seeing this as a potential investment rather than take a look at another project like mobox. I think that this must be delisted from your list. It caused by UFO was not reliable enough to be considered as long term investment.
This is also based on so many reviews by others too. This can be replaced with new and a better game like crypto citizen or trade race. I think that these more reliable rather than put UFO into the list.

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March 11, 2022, 03:13:20 PM
 #19

Do you guys feel it's weird to see that all of these suppposed gaming projects focus on the token rather than the game? I mean, I think P2E as a concept is pretty cool but the problem is that these are just "staking and earning and mining" projects using a game to mask the mining/issuance. Am I right?

So this is like Mining Game apps if you think about it to be honest.

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March 11, 2022, 03:30:29 PM
 #20

It's undeniable that game-based tokens are currently very popular, so it can be said that 2022 will be the year for gaming tokens, but I personally focus more on Sanbox (SAND) and Axie Infinity as investments because I think these two tokens have potential to be able to provide maximum income and be able to last longer in the world of cryptocurrencies

They have already shown in the market that these two projects have that potential. And maybe in the coming days these two projects will create a stronger position in the market. Since gaming projects are being discussed in the market now and those projects are doing well in the market, some people here will try to take advantage of this trend.

Because we have seen that when a new trend comes in the market, many fake websites are created using it to try to scam the investors. So before investing in any project, it is important to do research.

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