With the beginning of 2023, the cryptocurrency market turned to growth, though the overall outlook remains uncertain due to the ongoing economic recession. Despite this, the gaming niche within the cryptocurrency industry continues to attract new players and investors.
According to data from Dappradar, the number of active users in play-to-earn projects has surpassed 2.2 million. Additionally, a research report from Binance indicates that total capital investments in the GameFi sector exceeded $4.1 billion in the first half of 2022.
The potential for GameFi to revolutionize the way we play games through the integration of blockchain technology, gaming, and monetization remains significant. However, during an economic recession, it is likely that only the most promising projects will be able to survive and provide substantial returns for investors. We have put a lot of effort into choosing the most attractive offers in the current market.
Old social networks beware, Web3 Era is coming with Cheelee! Meet Cheelee — GameFi short video platform bringing mass adoption to crypto and helping it to overcome long crypto winter. Cheelee delivers users a genuinely innovative chance to earn while scrolling their favorite video feed. The app has an AI personalized recommendation system and gives free NFT-glasses as a gift for new users thus granting earning opportunities to everyone.
Cheelee simplifies GameFi technology to the broad audience and brings a new source of income for 4.6 billion social network users. The app is gonna be released quite soon and has a zero-fee entry, so you can start with no initial investments. It’s a real mass adoption. Cheelee also has a set of gaming tools and a high-rank NFTs allowing you to multiply your profits several times. In 2022, the app has attracted $22.45M: VC Sila and Veligera — $8M in equity investments; 6 VC funds — $3.45M in token allocation, the company’s founders — $11M in the project’s launch.
Cheelee is an extremely attractive project for crypto enthusiasts. If you are searching for XXX as an investor, Cheelee is definitely your chance. Even if it attracts at least a fifth of TikTok users, the market value of the project will grow to 100 billion and its CHEEL token will grow 1000 times. However, this forecast is very modest, since no social network has so far given its users such benefits as Cheelee.
Illuvium is an Ethereum-based role-playing game (RPG) with play-to-earn (P2E) mechanics. The game is not released yet in full-scale version, but it’ll probably go out to the public in 2023.
Users are offered to explore the digital world called Illuvium and search for native creatures (Illuvials), in-game items, and other collectibles in the form of NFTs. These in-game items can give you an edge in battles and quests, making them super valuable. Plus, since they’re NFTs, they can be sold on NFT marketplaces.
There’s a total of seven different landscapes and over 100 Illuvials to discover. Basically, users don’t need to invest any money to start playing in the landscapes of the lowest level (Tier 0 regions), but the land plots there don’t produce resources, so you can’t earn money from them. The resources are produced by lands in Tier 1 to 5 regions but these lands aren’t free, and the prices can range from $600 to millions of dollars. So Illuvium can’t honestly be called a free game with a low entry barrier.
In early June, Illuvium had a successful virtual land sale where they sold 19,969 land plots and raised over $72 million from it. The game’s native token, ILV, down 93% from its all-time high at $1,911 in November 2021. But, there’s a chance that it’ll go back up after the launch.
Are you ready to blast off into the future and explore the universe? Star Atlas is an upcoming multiplayer gaming metaverse that’s built on the Solana blockchain. The game scenario takes place in the year 2620 where three major factions are battling it out for resources, territory, and political power. Gamers are free to choose which faction they want to join and work their way up to become one of its influential members.
You’ll get to experience four core gameplay mechanics: grand strategy, exploration, RPG, and space flight simulation. The first implicit step is to acquire a spaceship. After that, it’s possible to start exploring the universe and search for new resourceful planets.
The world of Star Atlas is full of in-game items represented as NFTs such as resources, mining machinery, collectibles, spacecrafts, buildings, land, clothing, businesses, and more. The game’s tokenomics is based on two tokens: Atlas, which is used to purchase items, and Polis, a governance token.
It’s worth noting that Star Atlas isn’t a free-to-play game, so users need to buy a spaceship. Its price starts from as low as $20.
Launched on the Ethereum blockchain in 2020, this decentralized virtual world hosts digital realty, art collections and play-to-earn games. There were initially 100 parcels of land available for purchase. Currently, 90 parcels are already bought. The parcel is an ERC-721 token entitled LAND. Inside the universe, there are elite areas where the cost of land is much more expensive than outside it. There are thematic areas, for example, there are shops of famous brands on Fashion Street.
There are several main ways to make income in Decetraland: resale of land plots, leasing, and advertising. But there are many other ways to monetize your presence in the virtual world. You can build houses, create art galleries, launch discussion clubs. Decentraland is somewhat similar to an online role-playing game, but there are no ready-made scenarios in it – the users themselves are responsible for the content of the game. Plots and items created in the metaverse are traded on the internal marketplace for MANA tokens.
Decentraland is considered to be one of the most popular gamified virtual worlds. It has virtual offices of Samsung, Fidelity, JPMorgan and even the Government of Norway.
Gods Unchained is a digital trading card game that runs on the Ethereum blockchain. Players can collect digital cards in the form of NFTs, and use them to battle other players. The cards can be bought, sold, and upgraded, and they vary in rarity and value. The game is free-to-play and has similarities to other popular games like Hearthstone.
When starting the game, players are given 70 free cards that can be used to create basic decks. Additional cards can be obtained through expansion packs, which can be earned by playing matches or purchased with real money. The unique aspect of this game is that players can also sell their cards for cryptocurrency, potentially making a profit from the sale of rare cards. The main appeal of the game is that it offers a familiar, competitive format, combined with the added incentive of earning money through card sales.
All the projects mentioned above are not necessarily the new big thing on the market, but they have the potential to do so. This gives us the chance to increase our assets despite the current bearish trend in the volatile cryptocurrency market.
Image by Victoria_Watercolor from Pixabay