Top 5 Gaming Crypto Coins to Watch Out For in 2022
Also, transactions with crypto coins are very fast and secure without any exchange rate issues. Apart from that, there are many reasons why these coins are favored by gamers throughout the world. Let us dive into details of popular gaming crypto coins to watch out for in 2022.
Decentraland (MANA)
MANA belongs to Decentraland’s crypto token and is based on the Ethereum blockchain. Players throughout the world exchange tend to sell or buy these gaming tokens. Free market and easy accessibility to Decentraland tokens have made these coins popular among gamers of all communities. Some of the players also use MANA to buy different things for their games such as avatar outfits, arms and emulations, and various other things. The player also votes for the sector in which he wants to see development in Decentraland. One vote is represented by a single NAMA token.
Axie infinity (AXS)
Axie infinity gives every gamer the opportunity to breed, purchase or pit monster known as Axie. This monster is pitted against to win in-game currency known as little love potions. These currencies can later be converted into real money. so these coins are based on play to earn a strategy. Axie is an NFT (non-fungible token). This NFT has a huge market online. The basic rule to start a battle is to possess 3 NFTs. According to the records, the lowest cost of NFT was 200 dollars whereas it has the highest price of 130000 dollars. Players can buy or sell these NFTs whenever they like as there is no time limitation or boundary attached to them. Among all, the Small Love portion (SLP) is the most cash-in and cash-out transaction of the gamers.
The Sandbox (SAND)
Ethereum is the base of the Sandbox blockchain. With the help of SAND, players can create and modify their favorite characters. Many players find similarities between these games with Minecraft where a player uses resources to interact with others. This Sandbox blockchain uses the policy of NFT. The sand tokens are one the most like tokens in the gaming world. It is a free and simple tool along with a dynamic approach that acts as a catalyst to increase its popularity.
Since sand token comes in metaverse platforms it is expected to have a price hike in short periods. The founder of Facebook has also commented on the sand token. Many other influencers believe that the concept where humans can contact each other virtually in the form of Avatar is very interesting. Some of the inventors believe that this token has a bright future.
Gala (GALA)
GALA is the token name of the game called Gala. Ethereum based, the Gala is one of the most popular games in recent days. More than 1.3 million people have played this game so far. It comes from the family of games like Farmville and Mafia Wars.
The main objective of possessing NFT is to vote on the new games and direct the ways in which they must run. This is where the gala NFT plays a crucial part. With the help of GALA NFT, a gamer can purchase all and any in-game products that they wish. The GALA NFT becomes more popular when they are available with games like Town stars, and many others games. The developers of the games have stated that in the future all gala games will support GALA Tokens.
Flow- Dapper Labs (FLOW)
The CryptoKitties blockchain is backed by Dapper Labs. The FLOW was released by Dapper Labs in 2020. Flow provides the gamers an excellent platform to generate and exchange their digital assets such as tokens and NFTs. Another reason to choose FLOW is that there is no tension of the middleman for the transaction of the cryptocurrency. The developers of the flow are constantly working very hard to develop a flow platform without any flaw which will help them to reach an audience of a wide range. One of the main reasons for the popularity of the flow tokens is that it is easy to stack. Most of the people are using this token as a governance token.
Final Thoughts
If you are wise and love to keep a track of the market then you will understand how important cryptocurrency is. It has brought a revolution in the monetary policy of the world. It is paperless money that has brought a revolution in the global market. The gamers are using this to their advantage. With the help of NFTs, tokens, and crypto coins they can easily buy, sell and exchange anything related to their games. If anyone has the issue of transparency then these digital coins can ensure that. Crypto users can conduct their transactions without revealing their identities.