The gaming industry expands its horizons with a new “Play To Earn” model made possible by blockchain technology. 2021 had seen the rise of the NFT and DeFi industry in the crypto space. Blockchain gaming is definitely one of the next big things that will open up a new economy for gamers.
In recent months, the GameFi market has become very interesting and huge with the emergence of new games that combine innovations and make blockchain-based gaming easier, faster, more fun and rewarding. This is due to the success of the game Axie Infinity, which value spiked above $7 billion, but currently value below the high.
Compared to Ethereum, Binance Smart Chain (BSC) offers a better user experience despite centralisation issues. In this article, we will discuss the top five Play2Earn BSC projects
What is Binance Smart Chain
Binance Smart Chain (BSC) is a parachain of Binance Chain (BC). Since its launch on August 31, 2020, it has quickly become one of the most widely used smart contract networks in the crypto world. It hosts a number of upcoming gaming monetisation platforms
Top Five (5) Play2Earn BSC Projects
Let’s take a look at the leading P2E games on Binance Smart Chain (BSC):
Cryptoblades is a Binance Smart Chain based NFT RPG developed by Riveted Games. It is based on a dynamic reward system that rewards players with SKILL tokens after participating in in-game challenges. Skills are utility tokens in the CryptoBlades ecosystem responsible for or used in all transactions and activities such as Buying characters and crafting weapons.
The game has received a lot of attention since its launch. The game currently has over 12.5k users. SKILL is currently trading at just over $5.53 with a market cap of $4.7 million.
Mobox is another popular game running on Binance Smart Chain as a gaming platform for earning cryptocurrency. This DeFi ecosystem has multiple free-to-play features to earn crypto games from different blockchains by combining yield farming with NFTs.
That means you can get started for free. However, in order to process transactions or participate in staking, you need to purchase MBOX tokens – which are available on Binance.
Depending on your preferences, you can choose to farm or fight to generate crypto rewards. These incentives are provided in the form of MOMO NFTs. You can also trade your MOMOs or use them to farm MBOX tokens. It is also possible to use your NFTs as collateral in the Monox universe.
CryptoMines is a sci-fi play-2-earn NFT game in which users must collect workers and spaceships to scour the universe for the mineral ETERNAL, CryptoMines’ native currency. The token is used to mint characters, mint spaceships and extend the lifespan of workers through hiring and trading in the platform marketplace.
In the last seven days, this new sci-fi game on BSC has become one of the highest traded at $4.3 million on the BSC P2E platform. Its token, ETERNAL, has achieved exceptional gains since its launch. Additionally, its value has more than quadrupled since its launch.
4. Zoo Crypto World
Zoo Crypto World is essentially a set of smart contracts on BSC that allow users to stake BEP-20 assets, earn rewards and participate in Zoo Combat games. The game is based on the Jungle Ecosystem, an economic model designed to provide stability, profitability, and fun for warriors. The platform has two token models, the ZOO token is the governance token, and the KEY token is the utility token of Metaverse.
Cryptobay is a metaverse gaming platform where users can buy and build ships, fight pirates in adventures, and battle players in arenas. Users can also participate in boss battles, build their own ports, recruit captains, and raise pets.
In addition, users can also participate in daily quests to build their kingdom. The game has attracted thousands of players since its launch. The game’s native token, PEARL, is currently trading at 1 cent ($0.01) with a fully diluted market cap of $199,728.00.
Discussed above are some of the top games on Binance Smart Chain. However, it is safe to say that the play to earn crypto games is here to stay and presents an interesting opportunity for investors to generate passive income.
If you are looking to tap into the blockchain game market, the Binance Smart Contract is one of the best blockchains.