![Axie NFTs Reach $4 billion Axie NFTs Reach $4 billion](/_next/image?url=https%3A%2F%2Fd2xxnw34h0qte0.cloudfront.net%2F2022%2F12%2F08124241%2FDo-we-have-high-hopes-for-the-future-of-Axie-Infinity.jpeg&w=3840&q=70)
Axie NFTs Reach $4 billion
Axie Infinity’s run in 2021 was spectacular in terms of NFT transactions with a transaction volume of more than $3.5 billion.
Get Complete StoryExplore the most popular NFT, Crypto, Web3, Blockchain, and Play-to-Earn (P2E) games, handpicked and ranked by the gaming community. The more votes, the higher the ranks! ","category":"Category","Related Genres":"Related Genres","Related Categories":"Related Categories","All Genres":"All Genres","All Cateogries":"All Cateogries"},"newsList":{"backToHome":"Back to Home","playToEarnGameNews":" Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming ","h2":"Read Daily: The Latest Crypto, NFTs, Web3, Blockchain, and Play-to-Earn News","gameNewsDescription":"Stay in the loop with our daily gaming news! Discover the latest in blockchain tech, play-to-earn games, NFTs, Web3, and metaverse gaming, keeping you on top of crypto gaming trends.","paginationText":"Welcome to our news pages, the ultimate destination for comprehensive coverage of all things related to video games. Dive into the captivating world of blockchain games and explore the emerging frontier of web3 games. We are dedicated to bringing you the latest news and invaluable insights about these innovative gaming realms.
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Play-to-Earn Games (P2E Games, Play To Earn Games), Crypto Games, NFT Games, Blockchain Games, Metaverse Games, and Web3 Games are reviewed on our gaming website. We have a lot of games of each type; find the genre, the platform, the tokens, news about these games and links to social media on our detailed video game review pages including game developers. Check out our game trailers, in-depth game reviews, and daily news about the latest games. Just scroll through our Top Games list.
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Axie Infinity’s run in 2021 was spectacular in terms of NFT transactions with a transaction volume of more than $3.5 billion.
Get Complete StoryTake-Two CEO Strauss Zelnick once again shared his thoughts on NFTs and play-to-earn games. Take-Two On Play to Earn Future!
Get Complete StoryGameFi is the newest craze in the gaming industry nowadays, and many aren’t quite familiar with how it works and what exactly it means.
Get Complete StoryTurnt Gaming has raised $4.3 million for its new arcade fighting and skilled-based crypto game. The game will use blockchain and feature NFT's
Get Complete StoryWe share some important points in a sustainable NFT games economy. The dynamics have switched from Pay to win to Play to Earn.
Get Complete StoryWhile on a promotion spree of Valve’s newest venture and product Steam Deck, Gabe Newell has shared thoughts on several subjects.
Get Complete StoryWarner Music Group, a US-based record label, has joined hands with a blockchain-based gaming company Splinterlands.
Get Complete StoryGabe Newell during the promotion of Steam Deck, Valve's new portable gaming PC product, gave fun interviews about emerging trends.
Get Complete StoryThe luxury fashion brand Gucci strengthens its commitment to the metaverse as evident in its recent decision.
Get Complete StoryAnimoca Brands joins hand with Hong Kong venture accelerator Brinc to invest and start a new Guild Accelerator Program.
Get Complete StoryIn February, GALA Games experienced remarkable growth, with its value surging by 117%, defying criticism from mainstream sources. Despite challenges in the cryptocurrency and NFT markets, the play-to-earn (P2E) gaming sector demonstrated its resilience, with certain P2E games maintaining their economic systems amid the crypto market downturn.GALA Games, a prominent player in the P2E sector, has been a standout success. GALA enables players to have control over P2E games, gameplay mechanics, and in-game assets through blockchain technology. According to data from Cointelegraph markets pro and Tradingview, GALA's price increased by 117% from its low of $0.177 at the beginning of the month, reaching a peak of $0.384 on February 7th.Several factors contributed to this substantial increase and recovery. The P2E gaming sector is experiencing steady growth, with numerous new projects being launched, including GALA's support for upcoming titles like Spidertanks and Legends Reborn. The company's expansion into new ventures and partnerships also boosted investor confidence. Gala Games partnered with the 888innercircle community on Twitter, which comprises over 205,000 members interested in NFTs and digital collectibles. Additionally, GALA teamed up with Betwixt, a mental health gaming application, with Gala committing $1 million in funding.GALA's dynamic ecosystem, characterized by innovative user approaches, played a significant role in attracting more users. The introduction of new avenues for earning yield through gameplay and running Gala nodes contributed to the steady growth in user numbers. As of February 7th, the number of GALA users had tripled to reach 122,230, a substantial increase compared to the count on November 7th. This impressive performance underscores the resilience and potential of both GALA Games and the broader P2E gaming sector.
Get Complete StoryCrypto and gaming nexus is getting a solid expansion with FTX crypto exchange launching its gaming department.
Get Complete StoryAxie Infinity Deploys Desperate Changes to its Resuscitate its Limping Economy.Axie Infinity, the torchbearer of P2E, decides to implement a few changes to its economic model after plunging stats of its token price, NFT valuation, and trading volume. After its astronomical popularity last year, this is the first time the game suffers a decline in popularity.Axie Infinity changes its economic systemThe Ethereum based game enjoyed massive success last year and racked up almost $4 billion in NFT trading volume.However, things went south lately for Axie Infinity as its token and NFT values took a downfall. The plunging values of the game have put the entire play-to-earn model into question. Assessing the failing economy of the game, the creators of Axie Infinity have decided to introduce changes designed to bring the game economy back to life.The prime change is related to SLPs where the game will reward fewer SLP tokens. Moreover, the game will focus more on online arena battles and their rewards. The changes will go live with the game’s 20th season on both mobile and PC.As of now, Axie Infinity requires a player to buy its NFT assets which are known as Axies. To begin playing the game, a player needs to buy at least three of these NFTs. The player then earns by breeding and battling monsters which yield token rewards.The P2E model of Axie Infinity also resulted in community-based scholarship programs. These scholarship programs worked in third-world countries where NFT asset holders rent Axies to players in return for a cut in token rewards. This scholarship program also played a massive role in Axie Infinity’s success last year.Axie Infinity changes its economic systemHowever, the momentum quickly took a plunge, and the game’s token SLP decreased below $0.10. The falling value of the token put a massive strain on the scholarship guilds.Moreover, AXS also plunged nearly 70% when compared to its peak value. Its NFT trading volume decreased from $754 million in November to $301 million in December.And to top it all off, Sky Mavis’ data shows a drop in concurrent players from a peak of 2.7 million in November to 2.2 million at the end of January.Every day the latest video game news about the gaming industry. Video games news on NFTs (non-fungible tokens, NFT, NFT’s) , Play to Earn (P2E/Play-to-Earn), crypto games and crypto currencies, gaming guilds, Metaverse, VR, AR, AI, Virtual Worlds, Avatars, Digital Assets, In-game digital currencies, Web3 development, Blockchain based video games and its transactions and payments in the games.Entertainment and all the big tech companies and technology behind it. Hyper Casual Games and the game studio’s that lead the way. Mobile games, PC games and Console Games and their vision on cloud gaming, streaming, esports and gamer communities. Online digital entertainment like movies, music, concerts, art and top brands such as fashion and much more that connect with video games in the metaverse.If you want to stay up-to-date of my daily game news, then follow me on Google News.
Get Complete StoryThe winter holiday season is well underway, and several play and earn games are coming with their alphas, new features, NFT rewards, and updates. Also, our favorite characters from childhood, the Smurfs, have shown up in the popular blockchain game The Sandbox. And finally, we see DeGods and Y00ts migrating from Solana to Ethereum and Polygon. We will see how this decision impacts Solana and why Dust Labs took the decision to migrate. Stay with us until the end as we wrap up this week with all of the important updates in one place for you to keep up with what's going on in the Web 3.0 gaming space.
Get Complete StoryPlay-and-earn games are games or activities that allow players to earn rewards or money through their participation. Check our games list!
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Song of Rising is an ambitious Pixel-style metaverse initiative that has introduced an innovative DeFi framework. Designed with a user-friendly, game-inspired interface, it aims to simplify the complex world of decentralized finance (DeFi) for users, including newcomers, offering a more engaging and accessible experience. The metaverse offers a dynamic hero NFT system, encompassing various elements such as pets, lands, PvP (Player vs. Player) encounters, and Play2Earn experiences. It integrates top-tier decentralized applications (DApps) accessible through interactive AI NPCs (non-playable characters) to enrich the metaverse's depth. Upcoming features include derivatives, Ve(3,3), and lotteries. The Marketplace enables seamless token swaps at current exchange rates and provides opportunities for liquidity providers to earn fees through staking LP (Liquidity Provider) tokens in the Farms. In the Song of Rising metaverse, Heroes are not just collectibles but fully-fledged RPG (Role-Playing Game) characters with stats, resources, and a leveling system. These Heroes engage in various professions, quests, and battles, serving as central gameplay elements and sources of diverse rewards. New Heroes are created through the fusion of two existing ones in the sacred church, inheriting their attributes and professions. The Hero Market facilitates trading, renting, and sending Heroes, while the Marketplace allows token exchange, enhancing the economic vibrancy of the metaverse. The metaverse's lore is set in a post-apocalyptic world following the cataclysmic event of Ragnarok. In this harsh environment, courageous Heroes emerge as leaders, guiding humanity to reclaim the land by establishing farms, shelters, and order amid the chaos. Gameplay in Song of Rising revolves around Heroes, utility-based NFTs with diverse functions. They participate in Professions Quests to earn in-game resources called JEWEL and advance their profession skills. Progression unlocks higher Hero levels at the Meditation Circle. Heroes can pair up to summon new ones, with classes, stats, and rarity influenced by the infusing Heroes. They also engage in PVE quests against formidable adversaries. The NFT Agent in the Tavern facilitates Hero trading, rentals, and sales. Quests like Gold Mining and Foraging enable resource acquisition, which can be sold for gold or exchanged for RUBY in the Marketplace. Training quests focus on honing specific stats to add depth to Hero development. In terms of tokenomics, $RUBY serves as the primary in-game value token, offering unique utility. $GOLD is the in-game currency for trading items, and $SoulShards are essential for summoning Heroes. The Song of Rising community has responded positively, expressing excitement and support for the project's development and contributions to the web3 ecosystem.
See Complete ReviewThe story of Arker: The Legend of Ohm is set in the fictional kingdom of Ohm, it is a play-to-earn game. The goal of this play to earn game is for your hero to recover control of the old kingdom by fighting against the computer and player-controlled opponents (and its pet). The Arker team has created a universe where you can enjoy a single gaming experience as well as a multiplayer component where you may play with friends and form a clan, engage in PVP matches, or participate in PVE battles and guild wars to determine who governs fictional Ohm's kingdom. All of the underlying mechanics are designed to make Arker a game that is both profitable for players and enjoyable and competitive for them. Furthermore, the Arker model was created from the ground up with "play to earn" in mind, which means you will be able to collect items that can be quickly sold in the marketplace, resulting in financial rewards. While the tutorial does a good job of explaining the game's principles, it can be difficult to grasp at first, especially if you are unfamiliar with the turn-based strategy format. You'll see a 2D screen with your character confronting its opponent once you're in combat. When you begin the combat, the game will choose four of each hero's pre-equipped skills at random. Whichever hero wins the right to attack first has 30 seconds to choose one of their four abilities (placed to the left of their character). When you click on each skill, an explanation of what it performs will appear. The damage output, the multiplier, and the quantity of energy it will consume will all be included in this data. After you've decided on your ability, you'll need to pick how much power you’d like to use. The more power you use, the more damage you'll inflict on your opponent. You will, however, be able to do the most harm to your opponent if you expend the most energy.
See Complete ReviewHeroes Chained is a real-time action RPG blockchain game that incorporates a play-and-earn approach rather than the traditional play-to-earn model. This immersive fantasy RPG offers players the chance to explore exciting gameplay and earning potential. Get lost in the world of Heroes Chained and discover all that it has to offer. In Heroes Chained, players take on the role of a guild master and gather their heroes to defeat the Dark Lord Oblivion and save the land of Ventuna from his reign of terror. Oblivion and his champions have caused chaos on the mythical planet of Ventuna, home to many different races and nations. In a bid to fight back, survivors from all corners of the land united to build the city of Last Hope, the largest metropolis in history. As a guild master, it's up to you to lead your heroes and take on the Dark Lord and his minions to restore peace to Ventuna. In Heroes Chained, players must build and manage their own guild in the city of Last Hope, recruiting heroes and battling other guilds to become the most powerful in the city. In addition to preserving the diversity of races on Ventuna, the city of Last Hope serves as a shield against the Dark Lord Oblivion and his forces. Players must complete tasks and engage in battles to progress and become the top guild in Last Hope. Heroes Chained Gameplay and Token: PvE activities include various fronts where players can engage with their heroes. These include exploring dungeons, claiming artifacts, completing tasks by sending heroes outside the city walls with their caravan to battle enemies that may be encountered roaming the landscape, finding nodes and purchasing land to claim them, and completing quests. Guild against Guild or Team vs. Team PvP elements can be taken part in through joining guild alliances. This facilitates Leagues and Tournaments (official or unofficial). As heroes will use the manufactured equipment, crafting is also a crucial component of the game. Users gain NFT items and Heroes Chained (HeC) tokens when they complete missions and battles.
See Complete Review"Paradise Tycoon" is a web3 game that offers players a relaxing and enjoyable gaming experience without battles. In this virtual paradise, players farm, gather resources, and craft items for trade in a tranquil web3 setting. The game also allows players to acquire more land and hire crew members, providing opportunities for NFT sales. The game's native token, MOANI, allows players to earn real rewards in the metaverse without conflicts. Players can focus on resource collection, upgrading their home villa and beach, and constructing production buildings. The introduction of an NFT crew system enables players to train, equip, and enhance production. "Paradise Tycoon" fosters a social atmosphere with neighborly collaborations, friend invitations, and community events. Players can customize their avatars, chat with each other, and transfer NFTs to future games within the shared metaverse. The game's updates, integration of player feedback, seasonal events, and limited-time offers keep the community engaged and excited. Rare items available during these events enhance the overall experience. The game's narrative begins with the protagonist receiving a letter declaring them the recipient of a free paradise island, despite having no memory of entering any contest. They embrace this unexpected opportunity and set off to an uninhabited island near Port Ohana to assist in its revival. "Paradise Tycoon" offers a well-balanced game loop that combines resource collection, crafting, trading, construction, questing, and social engagement. This balance keeps players engaged and provides a continuous sense of advancement. Gathering resources is essential, starting on one's island and extending to shared lands and the outworld. Crafting allows players to create better tools and items crucial for unlocking higher-tier resources and buildings. Construction involves using resources and Moani tokens to build various structures, enhancing production capabilities and leaving an impression on neighbors. Surplus resources can be traded in the marketplace or with other players, dynamically shaping the in-game economy. Quests add adventures, rewards, and discoveries to the player's journey, ensuring ongoing progress. Interacting with fellow players enriches the experience, promoting cooperation, friendly competition, and contributions to the game's social fabric. The game's native token, $MOANI, plays a central role in governance and utility and can be earned through auctions, quests, and player-organized events and competitions. The community response to "Paradise Tycoon" has been positive, with players appreciating the relaxing and immersive experience it offers. Comments from players express enthusiasm for building a virtual life in the paradise islands and enjoying the benefits of earning Moani tokens while doing so.
See Complete ReviewPlay-to-Earn Games (P2E Games, Play To Earn Games), Crypto Games, NFT Games, Blockchain Games, Metaverse Games, and Web3 Games are reviewed on our gaming website. We have a lot of games of each type; find the genre, the platform, the tokens, news about these games and links to social media on our detailed video game review pages including game developers. Check out our game trailers, in-depth game reviews, and daily news about the latest games. Just scroll through our Top Games list.
More information about crypto, NFT, blockchain or play to earn games you can find on this pages where we explain everything detail. We hope you enjoy PlayToEarnGames.com, and subscribe to our RSS feed for daily updates on games and news.