Blockchain technology was conveyed to the world a decade and five years ago, in 2009. However, it took some time for the inaugural blockchain games to be launched among technology enthusiasts.
Momentarily, blockchain technology revolutionized the gaming industry and gameplay experience by providing more secure transactions and opening a gate for new opportunities.
According to a report, the blockchain gaming market size was $8.9 billion in 2023, and it is projected to reach $854.4 billion by 2032. If you are unaware of what blockchain games are and what the most popular ones are, then this article is for you.
What Is a Blockchain Game?
In simple words, a blockchain game is developed and deployed using blockchain technology. It consists of a smart contract that controls the actions of the blockchain. The game is purely decentralized and consists of blocks that any entity can't control.
The game leverages NFTs (non-fungible tokens), which allow the players to trade, buy, and sell to generate revenue for themselves. The NFTs achieved by the players can easily be sold on any exchange in return for fiat currency.
Moreover, blockchain games are maintained by decentralized autonomous organizations (DAO), meaning that a single individual can not overtake them. Most games have governance tokens, which allow players to participate in any changes and give their opinions. CryptoKitties was one of the first blockchain and play-to-earn games – launched in 2017, allowing players to trade and exchange kitties as an asset.
Most Popular Blockchain Games of 2024
1. Beam (BEAM)
Beam is a crypto gaming platform powered by Merit Circle DAO with a native token, $BEAM. The platform innovates the gaming industry's future by uniting enthusiast gamers and developers.
Beam SDK is a central component of this platform that empowers the gaming experience. It is an advanced software kit that allows developers to leverage a swath of tools to structure their game and make it more effective.
2. STEPN (GMT)
STEPN is a popular DeFi application built on the Solana blockchain that allows users to earn crypto by participating in physical activities such as running, walking, and jogging. The platform has two tokens: GST (Green Satoshi Token) and GMT (Green Metaverse Token).
To earn crypto, users must deposit SOL tokens and purchase NFT sneakers. You can easily buy, sell, and cash out NFTs for gains or leverage them in the game.
3. Gala (GALA)
Gala is another pioneering play-to-earn gaming platform where players receive cryptocurrencies and NFTs as rewards for their achievements. Furthermore, it has a native token, $GALA, allowing players to participate in governance and purchase in-game items for effective gameplay. The token can also be traded with fiat currency.
Gala-based games run on the Ethereum blockchain. These games include RPGs (role-play gaming), MOBAs (multiplayer online battle arenas), and RTSs (real-time strategy).
4. Ronin (RON)
Ronin is an EVM (Ethereum Virtual Machine) blockchain counterfeited for games. It is a Web3 gaming platform that has generated $4 billion in revenue for NFTs and accommodates millions of users daily.
It provides a flawless gaming experience with instant and negligible transaction fees. The platform leverages DPoS (delegated proof of stake) for the selection of validators and provides more scalability. Some of the games on Ronin are Axie Infinity Origin (we will talk about it next), Pixels, Wild Forest, The Machines Arena, and Puff Go.
5. Axie Infinity (AXS)
Axie Infinity is a leading play-to-earn blockchain game and trading platform. The project draws inspiration from games like Pokemon and Tamagotchi. It is a virtual world where players can breed, battle, collect, and trade NFTs with collectibles from any marketplace. These NFTs are known as Axies.
The platform has enhanced its scalability by developing a sidechain on the Ethereum blockchain known as Ronin Network. Some of the versions of games from Axie Infinity are Axie Infinity Homeland, Origins, Classic, Raylights. You can find more on their website.
6. Floki (FLOKI)
Floki was previously launched as a meme coin based on Elon Musk's dog. However, the community is set to transform this into a Web3 spanning decentralized finance, NFT, and Metaverse.
They have their own play-to-earn NFT gaming metaverse known as Valhalla. The users must hold some $FLOKI tokens in their mainnet to make the game character playable. The project also works on an educational and content platform known as the University of Floki. In addition, the Floki community also claims that they are supporting charitable initiatives and focusing on upcoming projects for future development.
7. Immutable X (IMX)
Immutable X is a layer-2 Web3 gaming platform based on the Ethereum blockchain. It has a native token, $IMX, used as the platform's governance and fee. Immutable X aims to provide efficient gameplay with seamless and fully neutral NFT minting.
The user can easily create their NFTs with zero-gas fees, innovative APIs, and Ethereum-grade security. To deal with Ethereum scalability issues, the platform leverages StarkEx zero-knowledge (ZK-rollups) to speed up the transactions. It is capable of processing 9,000 transactions per second (TPS).
8. Illuvium (ILV)
Illuvium is a sci-fi and open-world fantasy that is built on the Ethereum blockchain. It is the first interoperable blockchain game (IBG). The in-game NFTs are known as illuvial, which players capture, breed, and use in battles with others. The captured illuvials are stored in your Ethereum wallet.
It has a governance token, $ILV, which is rewarded to the players for their accomplishments in the game. By collecting illuvials, you can curate your team and challenge your opponents for maximum awards.
9. Enjin (ENJ)
Enjin is an Ethereum blockchain-based ecosystem that provides interconnected blockchain-based game products. With Enjin SDKs (software development kits), developers can easily create digital assets and integrate them into different games and NFTs. These software products offered by Enjin can be used by anyone to create, mint, and trade any blockchain-based digital asset.
Moreover, it has its native ERC-20 token, $ENJ, which can be used by users to design in-game assets. It can also be traded with fiat currency on any exchange.
10. SuperVerse (SUPER)
Last on our list is SuperVerse. It is a robust Web3 blockchain-based gaming platform that aims to provide players with quality and seamless gameplay. It has a native token, $SUPER, used by the players in-game to unlock exquisite events and pay on-chain product fees.
The token and the NFTs can also staked on the SuperVerse website to earn ETH rewards and participate in DAO governance. In addition, the blockchain is specially tailored for Web3 games with super fast transaction speeds and low transaction fees.
Final Verdict
Since its debut, the blockchain world and gaming industry have been revolutionized. With these blockchain games, players can easily earn rewards and exchange them for fiat currency. We have mentioned top blockchain games such as SuperVerse, Enjin, Beam, Ronin, Floki, and more.
Most of the projects offer SDKs to help developers create any digital asset in a minimum time without spending hours on nitty-gritty backend development.
CoinEx has them all listed. You may check out their price and plan your investment by clicking those links in the article right now.
Disclaimer: Please note that the information provided on this website is intended for informational purposes only. CoinEx assumes no liability for any financial losses resulting from cryptocurrency trading. It is advised that you conduct your own research.
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