- Axie Infinity combines blockchain technology with play-to-earn mechanics and unique NFTs for an engaging gaming experience.
- Decentraland emphasizes player ownership, offering virtual real estate through its Ethereum-based ecosystem.
- Illuvium introduces a AAA gaming experience on Ethereum with innovative features like gas-free NFT transactions via Immutable X.
The gaming projects have new gameplay elements, mechanics, and governance structures that grab players and investors’ attention. They combine decentralized finance, non-swapable tokens, and game functionality and become the avant-garde of new game platforms.
Axie Infinity(AXS) Dynamic Gameplay
Current price: $5.85
Market cap: $899.14M
Axie Infinity allows players to play and earn simultaneously: players can buy, sell, breed and fight for Axies. Axie is an individual non-fungible token characterized by unique traits that enhance scarcity. Governance is included in the game through Axie Infinity Shards (AXS) to enable the holders of the game tokens to make decisions. Moreover, breeding Axies requires Small Love Potion (SLP) tokens and a small Ethereum fee, balancing supply and demand.
Decentraland(MANA) Virtual Ownership
Current price: $0.4109
Market cap: $798.15M
Decentraland is a decentralized virtual reality. The users owning plots of the virtual world act as NFTs using MANA tokens. Currently, it allows players to build and profit, with Decentraland participants actively involved in decision-making by the Decentraland DAO. MANA is also used to purchase in-game property, including avatars and wearable equipment. MANA also facilitates in-game transactions for assets like avatars and wearables. This model ensures players retain control over their digital properties.
Illuvium(ILV) AAA Gaming Experience
Current price: $45.14
Market cap: $230.260
Illuvium Ethereum’s first AAA game. It blends sandbox gameplay and PvP combat. Illuvials are creatures players collect and can trade as non-fungible tokens or NFTs. The game leverages Immutable X, a layer-2 scaling solution, for gas-free transactions, enhancing user experience. Governance and rewards revolve around the ILV token, fueling the game’s yield farming program.
Current price: $1.28
Market cap: $87.22M
My Neighbor Alice emphasizes collaboration and creativity in a fully on-chain virtual world. Built on the Chromia blockchain, the game allows players to craft unique NFTs and develop virtual spaces. The open-codebase approach promotes innovation, inviting developers to build on the game’s ecosystem. Players can customize their environments, fostering community within the Lummelunda Archipelago.
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