GameFi projects and play-to-earn games have come to change the traditional gaming industry. P2E crypto games have brought the gaming experience to the blockchain and gamers are now rewarded with coins of real value. Thanks to GameFi technology, gamers are rewarded for their effort and time. In this way, you can earn money while having fun, and even earn a high income.

Combining the words Game and Finance, this new industry uses NFT technology to allow players to gain verifiable ownership of virtual items in the game. NFTs and cryptocurrencies are the two most important elements for players to make money by playing games. In this content, we will talk about the most remarkable GameFi projects on the market.

ApeCoin (APE)

Inspired by Yuga Labs’ famous Bored Ape Yacht Club and Mutant Ape Yacht Club NFT collections, ApeCoin is the native currency of Otherside Metaverse. Managed by ApeCoinDAO and supported by the APE Foundation, this ecosystem has the largest community in the NFT world. ApeCoin will be adopted as the primary token for Yuga Labs’ new blockchain-based games, services and products.

When ApeCoin was launched, 15% of the ApeCoin supply was airdropped to BAYC and MAYC NFT holders. Of the 1 billion tokens in circulation, 150 million were gifted to NFT holders. ApeCoin was the payment method at the Otherside Metaverse land auction last week.

Axie Infinity (AXS)

Axie Infinity is a blockchain game where gamers can battle, breed and upgrade their Axie pets in-game. The AXS token, traded on the Ethereum network, is used to participate in management votes, stake and play the game. Axie Infinity is a game inspired by pokemon. Small Love Potion (SLP) token can be earned by playing the game, completing missions and winning battles.

Axie Infinity has an in-game marketplace. In-game NFTs, Axies, and virtual real estate can be traded in this marketplace. Most of the operations in the game take place in the Ronin chain developed by developer Sky Mavis. To start playing the game, you must purchase at least 3 Axies from the marketplace. Axies have prices that vary according to certain rarity levels.

The Sandbox (SAND)

The Sandbox is a metaverse where players can purchase digital terrains called land and build something on them. Two different tokens called SAND and ASSET are used in the game. The SAND token is used to participate in DAO management, stake and interact with other users at in-game events. ASSET tokens are NFTs that represent in-game items, avatars, and things put on lands. These NFTs can be traded in The Sandbox’s marketplace.

Virtual real estates can be created and animations can be designed using many tools. A tool called Voxel Editor is used to make three-dimensional design of all kinds of things on the platform.

Decentraland (MANA)

Decentraland is a metaverse platform where users can create and monetize apps, structures, 3D models and content. This virtual reality platform, which is traded on the Ethereum blockchain, offers users the opportunity to purchase virtual lands and interact with each other by socializing on the lands. There are many games in Metaverse that users can play.

Decentraland has provided a decentralized infrastructure so that creators can derive full value from their efforts. There are endless possibilities for digital artists to set up their own galleries, advertisers to showcase their brands, and businesses to set up their offices. Lands are 3D terrain NFTs that users can have. Each user has the right to create the structure or game they want within their own land. There are 90,601 plots in total in Decentraland.