5 NFT blockchain games expected to be “hot” in 2022
After the decentralized finance craze, non-fungible tokens are the next big thing. To the surprise of many, NFT gradually came into focus and is also the center with the highest turnover at the beginning of January 2022.
Quantitatively NFT buyers on Ethereum | Source: Delphi Digital
While 2021 is the year of NFT, GameFi apps have surpassed DeFi in terms of user popularity. According to data from DappRadar, Bloomberg concludes:
“Almost 50% of active crypto wallets connected to decentralized applications (dapps) in November were dedicated to gaming. The share of wallets running DeFi, dapps, has dropped to 45% over the same period, months after it was the top use case for dapp.”
Blockchain play-to-earn (P2E) game Axie Infinity is cutting edge, sparking a gaming craze that’s expected to last into 2022 to awaken the sleeping giants that rule the field.
Let’s take a look at 5 blockchain games that could make waves in 2022.
#First. DeFi kingdoms
The inspiration for DeFi Kingdoms came from something very simple: the passion for investing that drew developers to blockchain technology. DeFi Kingdoms can be viewed as a visualization of liquidity pool investments (where in-game “gardens” represent literal and figurative token pairs) and “gardening” is Mining.Liquidity Pool (LP).
In the game, investors have part of the liquidity in the land of blooming flowers. By aligning the concept of growth with DeFi protocols in a play-and-earn model, DeFi Kingdoms promises to create an inflection point in gaming.
DeFi Kingdoms | Source: Twitter DeFi Kingdoms
Built on the Harmony network, DeFi Kingdoms was the first project on the network to ever make it to the top of the DappRadar charts. This could be due to the large number of people interested in both DeFi and blockchain gaming, or it could be due to the recent surge in in-game utility token JEWEL.
JEWEL is a utility token that allows users to purchase in-game NFT items to increase the base stat. It is also used for liquidity mining to allow users to earn more JEWEL through staking.
JEWEL/USDT 4 hour chart | The source: trading view
JEWEL is also a governance token that gives holders votes on project development. Over the past four months, the token price has surged from $1.23 to an all-time high of $23.36. At the time of writing, JEWEL is down almost 65% and is trading at $11.17.
Despite surging about 1,400% from a modest starting point of $1.23 four months ago in September, the JEWEL token price is down about 41% this month alone, according to data from CoinGecko.
#2. Guild of Guardians
Guild of Guardians is one of the most anticipated blockchain games of 2022, based on ImmutableX – the first Layer 2 solution on Ethereum specialized in NFT. With the goal of reaching more users, Guild of Guardians is launched as a free mobile RPG modeling P2E mechanics.
Heroes of the Wardens Guild | The source: Guild of Guardians
Similar to the blockchain games Axie Infinity, in the game Guild of Guardians it is possible to exchange assets. The project appears to be of interest to many players and investors as the NFT Founders sale and token launch generate close to $10 million in volume.
Launched in October 2021, the ERC-20 Guild of Guardians (GOG) token is known as the “Gem” in-game. Gems are the basis for important game features such as NFT minting and market interaction, which can be earned while playing the game.
1D diagram GOG/billion USDT | The source: trading view
Over the past month, the GOG token has performed quite well, having surged to an all-time high of $2.81 following its launch. Although the token is down more than 71% against ATH at the time of writing, some members of the community are awaiting staking and liquidity pools. These are features that help stabilize the token price. A Twitter user comment:
“GOG was the brightest name of 2022, much like AXS was in 2021 – all the more likely because the game has been profitable ever since. GOG has a ~$50 million capitalization… I’ll tell you how to go from $50 million to $1.4 billion where you have the greatest chances of… staking, in-game rewards… earning .
#3. Galaxy Fight Club
Imagine having an NFT Proof-of-Picture (PFP) and making it your avatar to fight other planes in a galaxy far, far away. Galaxy Fight Club (GFC) is a blockchain game that abruptly shifts focus from a collection of 10,000 avatars to the first cross-platform, cross-brand PvP fighting game where players can fight with their own avatar collection.
With a focus on interoperability, GFC values its original fighters highly, but lets other avatars compete for a chance to earn rewards.
play style in GFC | Source: Galaxy Fight Club Avatar
The game is expected to be released on the Polygon Network and will feature a variety of themes from the collections of partners such as Animetas and CyberKongz, integrating cross-platform targeting. Galaxy Fight Club players will become nostalgic for SuperSmash Bros. as they play, except for those who compete for keys to unlock loot boxes rather than simply defeating their opponents.
GFC is currently in beta testing and has experienced many minor setbacks including a delayed IDO. It’s currently unclear when the project will be publicly available, but many are hoping it will launch in the first quarter of 2022.
Token GCOIN
Each Galaxy Fighter generates between 5 and 15 GCOINs daily and each fighter will start generating GCOIN in October 2021. If the fighter is sold, the new owner inherits the accumulated GCOIN. This is highly valued in the ecosystem as it is needed to power players as they move around the game, forge weapons, open crates of items, train and sell second generation fighters.
Despite minor setbacks, IDO for GCOIN was scheduled for January 6th on PolkaStarter, releasing 4 million tokens for sale at $0.50 with a maximum allotment of $500 per wallet. Unfortunately, the project’s KYC (identity verification) and whitelisting (whitelisting) requirements have left many prospects for jitters.
1D diagram GCOIN/billion USDT | The source: trading view
According to the team leader of the Ado project, a successful IDO, he said:
“The first $1.5 million was bought and sold out in about 15 minutes. At this point, the remaining $500,000 was reserved for Battle Pass holders only and was completed in an hour.”
Follow statistical from Dune Analytics, about 2,600 wallets hold GFC, of which the top wallet contains almost 2% of the total collection.
#4. CryptoBeasts
CryptoBeasts is a pixelated digital art game that recreates the classic feel of the original Zelda game. CryptoBeasts is based on the Ethereum blockchain and is a peer-to-peer electronic rare egg system. These colorful 10,000 pixel eggs grant each owner a piece of land in the game’s “Eggland” universe and have one vote in a Decentralized Autonomous Organization (DAO).
CryptoBeasts | The source: CryptoBeasts
DAOs work according to a hierarchy as the number of Eggs a player owns determines their voting status. It sounds strange that every decision in CryptoBeasts seems calculated. The numbers are remarkable as they can determine the condition of the egg. Prime Eggs provide benefits such as yielding more native CBX tokens and spawning rare beasts with additional powers.
Follow Data by Dune Analytics, the rare egg has a peak sale price of 5 ETH, which is worth $9,085 at the time of sale. On December 31, 2021, an announcement about an in-game token economy led to an increase in sales. The entry point is currently 0.05 ETH, significantly higher than the coin price of 0.01 ETH in June 2021.
Token CBX
While Cryptobeasts claims to be not only a “play-to-earn” game but also a “fun-to-play” game, it remains a blockchain game whose competitive advantage also depends on the token economy. The native CBX token is an in-game token that is scheduled to be airdropped to all Rare Egg owners.
CBX tokens can be used and earned in a variety of ways such as: B. by fighting monsters, generating CBX plots daily, completing certain quests in the game, and farming and harvesting resources.
Alternatively, it is also possible to stake CBX to stimulate HODL a little longer than intended. Tokens are expected to form the basis of in-game utilities and features, from purchasing items to breeding them. Similar to Axie Infinity, CryptoBeasts intends to integrate science and grants to enable larger investors to lend their wealth.
#5. Axe Infinity
As the first blockchain game to implement the play-to-earn model, Axie Infinity has an active development and reputation ecosystem with a strong economic model. Axie Infinity is currently seen as the leading horse in expanding the adoption of blockchain games in the market.
Axies 3D Scene | Source: Axie Infinity Land 3D teaser
Axie Infinity continues to expand its position at the top of the NFT leaderboard DappRadar. As the most traded collection, Axie Infinity surpasses NBA TopShot, Splinterlands and Farmer’s World on the WAX blockchain and has raised $563.6 million in the last 30 days.
Tokens SLP, AXS and RON
Axies are NFTs used for gaming that can be hybridized with the in-game utility token SLP and the governance token AXS. Users are allowed to deploy AXS. With over $1.56 billion in stakes, they continue to generate a sizeable annualized percentage return (APY), although total returns have fallen from over 200% initially to around 88%.
1D diagram AXS/USDT | The source: trading view
The recent Katana Decentralized Exchange (DEX) Launch Event allows players to provide liquidity with SLP or AXS to farm RON.
RON is the token of the ecosystem and similar to MATIC, it is used as a gas fee on Axie Infinity’s Ronin sidechain. In a way, Axie Infinity is like a…
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