Linking cryptocurrency and gaming has breathed new life into the world of decentralized finance. Ten years ago, most of the focus surrounding cryptocurrency was on how it might replace centralized currencies. However, the use cases of crypto have been slow to diversify—except when it comes to entertainment.
NFTs have provided a perfect way for developers on Web 3.0 to incorporate crypto meaningfully into their games. Today, NFTs represent quite a few functions within the context of digital games. They can be used as in-game tokens and in-game currency, allowing users to trade and otherwise interact with in-game assets. NFTs can also be sold, allowing users to withdraw their crypto earnings from a game. Or, in the case of sandbox metaverses, NFTs might be even more abstract, such as a plot of virtual land that can be rented out.
These three examples are just the tip of the iceberg when it comes to how NFTs have added depth and meaning to games that run on a blockchain. But which cryptos are coming out ahead thanks to these games? And what are the most popular crypto games from around the world in 2024? Let’s dive in.
The 5 Best Gaming Cryptos from Around the World
Gaming crypto is usually a game that uses its own in-game currency—except, within the context of crypto gaming, these in-game currencies can be traded for a more established crypto like Ethereum or Bitcoin on a currency exchange. In other words, gaming cryptos mean that most games are play-to-earn, and can potentially put money into a player’s pockets.
You might be thinking about casinos right about now. Over the last few years, analysts have wondered if crypto will find its way into established virtual casino platforms. However, setting up a casino on the blockchain isn’t a straightforward job. At the moment, bonus offers listed on oddschecker focus on traditional platforms that haven’t pivoted to crypto—at least, not yet.
DraftKings, for example, recently launched an NFT marketplace that allows users to discover, collect, and trade digital assets branded by major leagues. The marketplace builds on the hype of the NBA’s Top Shot marketplace and the new McLaren Racing marketplace. However, this move is more closely associated with sportsbooks and sports fandom, which translates well to the collectible NFT movement. Going forward, a stronger shift toward crypto from a giant like Caesar’s Palace or BetMGM would signal that major change is in the works.
For now, let’s stick to the best gaming cryptos that are being used worldwide. Keep in mind that, as mentioned above, these are in-game tokens that can be exchanged outside the game via a crypto exchange.
SAND (The Sandbox)
The Sandbox is a metaverse that allows users to create their own NFTs and games, along with setting up unique locations on virtual land. In other words, it allows users to create their own worlds and assets. SAND is the primary utility token, but there are other in-game currencies that facilitate other gameplay mechanics. LAND is the token used for digital plots; ASSET covers objects and animals; GAME covers interactive experiences.
MANA (Decentraland)
Decentraland functions similarly to The Sandbox, as does its token system. The primary token used for in-game functions is MANA. However, there are also LAND tokens that help divide and organize this metaverse’s virtual land plots. In Decentraland, there’s an added emphasis on entertainment and virtual land.
For example, Snoop Dogg has his very own plot in Decentraland where users can gather and interact with Snoop-specific NFTs. At this time, most of these NFTs are wearable digital assets, which add a layer of customization to the experience. The Sandbox, by comparison, places a heftier focus on user-generated content, which makes it a close relative of Minecraft.
UOS (Ultra)
Ultra is one of the more expansive and unique gaming platforms that runs on the blockchain. At its heart, Ultra is all about empowering users to create, explore, and play games that are created by others. Think of it like a gaming-first hub that keeps freedom and creation close to its heart. The in-game currency is UOS, which allows users to create their own games, interact with other games on a marketplace, and battle it out against others in an arena mode. UOS tokens are also used to help stakeholders gauge interest and offer insight into a game’s value.
GODS (Gods Unchained)
If you’ve heard of hits like Hearthstone, then Gods Unchained won’t feel too unfamiliar. This blockchain game starts players out with 140 cards that they’ll need to use and trade in order to win battles against others. GODS is the in-game token earned during a win, which can then be used to build up an unbeatable deck, rent out cards to other players, or even create their own unique NFTs. GODS tokens are also used for governance, allowing users to cast their votes anytime a major decision is up on the ballot.
AXS (Axie Infinity)
Once upon a time, CryptoKitties was the poster child of successful crypto games. However, Axie Infinity, which closely resembles the latter, has since claimed that title. In the game, players must breed, raise, and battle tiny creatures called Axies. Using AXS tokens, they can unlock bonuses, take on other Axies, and even create digital worlds for their Axies to thrive in. Because users are able to simply collect Axies and/or battle with them, the game appeals to those who gravitate toward traditional games and collectible games alike. There are currently over two million active players on the platform.
