The play-to-earn (P2E) blockchain gaming ecosystem has experienced significant growth in recent months. In fact, Axie Infinity — one of the flagship projects in P2E — saw explosive gains in 2021. Here are several reasons why P2E is likely to continue expanding:
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There is increasing integration between blockchain games and the metaverse.
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P2E games are incorporating NFTs more deeply into gameplay and economy.
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We can expect rising institutional capital to flow into the P2E sector.
If you’re looking for strong alternatives to Axie Infinity, here are three top tokens to consider for the time being.
Splinterlands (SPS)
Splinterlands (SPS) is primarily a collectible card game built around fast, competitive battles between players. Players build unique card collections, each represented by NFTs, and face off in various skill-based matches where winners earn rewards.
Data Source: TradingView
Players can buy and sell collectible items within the Splinterlands universe. The native token and governance token for the game is Splintershards, and its current market capitalization is around $65 million, indicating potential for further growth.
Battle of Guardians (BGS)
Built with Unreal Engine, Battle of Guardians (BGS) is an NFT-powered multiplayer battle game. It supports cross-chain access, allowing players to connect via Binance Smart Chain or Solana. The game delivers an immersive experience and ranks among the most intriguing P2E projects on the market today.
CryptoKitties (WCK)
CryptoKitties (WCK) is a blockchain-based game that lets players collect and breed charming digital cats, each backed by an NFT. The game features a dedicated marketplace where users can browse and purchase the kitties they want. Launched in 2017, CryptoKitties was slower to reach mainstream success compared with Axie Infinity, but it has still built a solid and loyal community.