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Top Gaming Cryptocurrencies on the Ethereum Blockchain

These gaming cryptocurrencies offer unique features and benefits, such as ownership of in-game assets, player-driven economies, and enhanced security. In this article, we will explore the top gaming cryptocurrencies that are built on the Ethereum blockchain.

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How does Cryptocurrency works online gaming? One way that cryptocurrency can be used in online gaming is through blockchain-based games.

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Top 5 Gaming Cryptocurrencies

Blockchain games have drawn tons of interest to themselves in recent years. One of the driving factors is the fact that it allows gamers to earn incentives for doing what they love most-playing games. One of the ways blockchain games achieve this is through gaming cryptocurrencies that can be exchanged for fiat or spent online.

However, the top gaming cryptocurrencies offer more than just gameplay rewards. They also provide an avenue for non-gamers to benefit from the industry without playing games. This is why we’ve compiled a list of the top gaming cryptocurrencies on the market today.

Top 5 Gaming Cryptocurrencies

1. VirtuaCoin

VirtuaCoin is an innovative play2earn project regarded as a top gaming cryptocurrency due to its potential for use in multiple sectors besides gaming.

As one of the top gaming cryptocurrencies, VirtuaCoin offers features like multiple wallet account opening, anti-whaling, swift and safe trading, a unique NFT marketplace, and much more.

Playing games such as Rushraids and ProXRacing, for example, will allow you to earn VirtuaCoin in a straightforward yet effective manner. The earning potential is high, especially as the crypto gaming sector expands.

The team also plans to introduce more games, with VirtuaCoin being the main in-game currency. So if you're looking to make money by simply playing games, then VirtuaCoin should be your first choice.

2. Decentraland (MANA)

Decentraland is a rapidly expanding Ethereum-powered virtual environment that uses the MANA cryptocurrency token. Launched in 2017, this digital environment may be explored and used as a starting point for making multiplayer games.

Due to its potential for massive adoption, Decentraland has caught the attention of top investors like Grayscale. Also, with the metaverse gaining popularity, Decentraland might be a great way to cash in. As more people join Decentraland, the value of its gaming cryptocurrency, MANA, could go up.

3. Sandbox (SAND)

SAND, the native token of Sandbox, is another top gaming cryptocurrency that gamers and investors alike are excited about. The platform is designed to give players full control over their assets, allowing them to create, trade, and sell their own in-game content using NFTs and SAND.

The metaverse is comprised of 166,464 digital real estate units called LAND. With hundreds of virtual worlds being created every day on the Sandbox, the cost of a block of land may easily reach $50,000.

The success of SAND depends on the level of acceptance The Sandbox enjoys among gamers and will increase if the game becomes a staple in the industry.

4. Axie Infinity

Axie Infinity is a well-known play-to-win game where players can buy and sell NFT characters and use a variety of in-game currencies. Players interact with their virtual pets, which are referred to as Axies, on Axie Infinity. There are almost 700,000 Axies available for purchase by gamers, all of which have been minted as NFTs.

There are two primary gaming currencies in Axie Infinity: the AXS (Axie Infinity Shard) and the SLP (Smooth Love Portion). Tokens obtained from playing the game are represented by SLP tokens. The AXS token is used for governance purposes, giving platform users a voice in platform maintenance decisions.

5. ApeCoin

The ApeCoin is a top gaming cryptocurrency created by Yuga Labs for the Bored Ape Yacht Club metaverse. In terms of total market value, BAYC is unrivaled, and the APE token serves as its means of governance and payment. The token is built on the ERC-20 standard.

ApeCoin is a decentralized coin that gives its holders a voice in the Ape DAO running. In addition to that, ApeCoin will be employed in the NFT-based video game known as Otherside. 

In July 2022, ApeCoin's value skyrocketed by 22 percent when a select group of BAYC community members was granted pre-access to the game demo. 

Final Thoughts

The top gaming cryptocurrencies listed above are just some of the many options available to gamers looking to make money through crypto. The key to finding the best one for you lies in your personal preferences and needs. 

Best Gaming Crypto Coins? VirtuaCoin offers a more robust experience as it holds more utilities than just being a gaming cryptocurrency. Therefore, before investing in other projects, you'd want to consider gaming tokens like these.

VirtuaTech #VirtuaCoin #Rushraids #Cryptocurrencies #BestGamingCryptoCoins

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How To Invest In Crypto Gaming - 5 Best Ways to Start

If you're wondering how to invest in crypto gaming, you're not alone. As of February 2022, the GameFi industry has grown to $55.38 billion, with the potential of doubling this number by 2025. So, it's no surprise that you'd want to invest in this rapidly growing space.

The good news about crypto gaming is that you don't need to be a venture capitalist to get involved. You can initiate small and make your way up. But before diving into the details on investing in crypto gaming, know that the industry comes with some risk levels.

How To Invest In Crypto Gaming - Best Options to Consider

So, what are the best options for investing in crypto gaming? Let's grab a look at some of the most famous ones:

1) Play To Earn

For gaming enthusiasts looking for how to invest in crypto gaming, then playing games is an ideal solution. Best Play to Earn Crypto Games? Here, you'll play games and earn crypto coins which you can use to purchase items from the game's marketplace. For instance, you can compete in tournaments on Rush Raids and earn Virtuacoin as a reward when they win.

On traditional gaming platforms, in-game currencies are worthless outside the game. However, since Virtuacoin is a cryptocurrency, any rewards you get on Rush Raids can be spent outside the game. You can even exchange it for other cryptos and spend it in the real world.

2) Staking

Staking is when users stake their tokens or coins to earn rewards from the platform. This is a more passive investment option where you'll receive rewards for just holding crypto gaming coins in a specified wallet. The only downside is that you can't withdraw your initial staked token until a certain period. However, you'll receive regular payouts based on the amount of time you've held onto them.

3) Buying Crypto Gaming Coins

For most blockchain-based gaming platforms, the only way to access the platform's features and engage with other players is to spend the best gaming crypto coins. Though not as popular as mainstream crypto, these coins are quite valuable within their ecosystem and are known to skyrocket in value.

However, not that they're riskier than normal cryptocurrencies, as their success is tied to the platform's performance. That means if the platform fails, so does its coin. As such, ensure you research your best options before choosing to invest in crypto gaming using these options. You can kickstart your research by checking out coins like Virtuacoin, MANA, or SAND.

4) Buy Virtual Land and Gaming Assets as NFTs

Another path worth considering when looking for how to invest in crypto gaming is trading NFT in-game assets. Blockchain games now provide in-game assets as non-fungible tokens, making them unique and transferrable across the blockchain.

Thanks to this technology, you can own a piece of the game, such as land, weapons, and avatars, and trade them with other players or sell them to collectors. On Rush Raids, you can buy game arenas as NFTs and hold them for as long as you want till they become valuable.

The only downside to this investing method is that NFTs are illiquid. Therefore, you have to play the long-term game to reap the benefits.

5) Use Crypto Gaming Wallets

Another option you should consider is using one of the many crypto gaming wallets available today. A crypto gaming wallet is a digital wallet that allows you to store your crypto coins securely.

Crypto gaming wallets Virtuawallet also come with other perks like earning rewards when you spend your crypto purchasing products and services from their partnered stores inside the app.

Conclusion

If you're looking for how to invest in crypto gaming, there are several ways to go about doing it. Each has its pros and cons, but we hope our guide helps you make a decision that works best for you.

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Best Gaming Crypto Coins

Are you looking to buy the Best Gaming Crypto Coins? We suggest valuable Virtua Coin for game lovers. You can sign up and earn more at virtuacoin!