Blockchain Startups to Keep An Eye On!

Blockchain Startups to Keep An Eye On!

Play To Earn Games | 08 May 2024 12:25 UTC

As we are still amidst the crypto bear market with a slight betterment, we bring you some of the promising play-to-earn startups. The bear market is challenging for startups and many developers wait for the right time to jump in. However, there are some blockchain gaming startups taking the lead with their innovative ideas. There are hundreds and thousands of Web3 games already in the making and it is tiresome to single out some. We make it easy for you as we highlight some of the upcoming play to earn projects with detailed analysis. We take into account important factors like liquidity, active user numbers, and in-game assets cap in the game. Let’s check some of the NFT games that look promising as of now.

Cheelee

Cheelee revolves around a unique idea involving the attention span of a user and short videos. Gone are the days when only content creators, bloggers, vloggers, and shareholders made money out of videos. Now, it is your turn as a user to earn money while watching your favorite videos on Cheelee. Cheelee is a gamefi short video social platform where users get paid for their attention span. Moreover, Cheelee offers ways to earn, rest, socialize, and also to become popular. So, yes, paying attention to something is ultimately a valuable thing.

NFT Glasses

Upon registering, users receive a gift of complimentary NFT glasses that are necessary for earning tokens within the app. Cheelee has no entry fees, providing earning prospects for all users without any initial investment required.

How Cheelee can Propel Mass Adoption?

Contrary to other play-to-earn or NFT blockchain projects where gaming and crypto combination is up for debate, Cheelee is different. Cheelee targets a wider audience of 4.6 billion social network users - nearly half the world's population! This presents a huge potential for real-world mass adoption. This is a direct result of the project's market value, its potential, and the increasing global interest among social media users.

Cheelee has the support of institutional investors. By 2022, Cheelee had already garnered $22.45 million, including $8 million in equity investments from venture capital firms Sila and Veligera, and $11 million from the company's founders.

Planet IX

Planet IX is a play-to-earn strategy game using the Polygon blockchain. It challenges players to restore a damaged planet to its former ecological splendor.

The objective is to revitalize the green and blue landscapes of Planet IX by acquiring plots of land called PIX. The idea is to remove waste and upgrade their PIX with structures that aid in the planet's rejuvenation. It's like an RPG of both a space janitor and a planetary gardener combined.

Restore and Rejuvenate in Planet IX

The game world is inhabited by corporations with their unique tokens. Players can join factions, extract resources from their virtual lands, and work on restoring damaged soils, as well as buy and sell artifacts.

All game items are NFTs on the Polygon blockchain. The central aim of the game is to educate players on being environmentally conscious and frugal.

Moreover, users can enhance their earnings from the game by staking or providing liquidity. Active participation is rewarded with regular payouts for all stakers.

Outer Ring MMO

Outer Ring MMO is an exciting blend of science fiction and fantasy in a massive multiplayer online role-playing game (MMORPG) world. Everything in the game, from skins to ships, is verified through NFT technology, allowing you to truly own it and buy or sell it just like any physical item in your possession.

The game takes place in a universe inspired by the "Outer Ring Saga" novel, where five different species compete for control over planets and resources.

There is no predetermined storyline, so you have the freedom to do whatever you please in the world. You can engage in battles with other players or in-game characters and collect a variety of NFT assets. Each weapon has a unique tier that offers bonuses, and you can even obtain them from loot boxes priced from 15 to 1500 $BUSD.

If you're feeling adventurous, there are also virtual land parcels available for purchase. The game is also compatible with virtual reality headsets.

Midas Miner

This is a straightforward play-to-earn blockchain game with a basic storyline, but it has attracted hundreds of thousands of active players globally. It's a perfect time-filler if you don't want to get into complex plot details.

Players extract gold, earn tokens and NFT-based in-game items, upgrade their characters, and buy and sell game attributes. The game also provides generous rewards for completing simple tasks.

In conclusion, the blockchain gaming industry is constantly evolving and new business models are emerging. It's thrilling to witness so many innovative concepts taking form.

Some of them may have the potential to shake up traditional industries and create new ones. It's impossible to predict which game from the above list will become the next big thing.

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Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

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