NFTs look ready to take over 2022, and the recent shift in P2E gaming toward NFT utility could make blockchain games more this year’s darling.
The rise of nonfungible tokens came after the popularity of decentralized finance (DeFi).
To the surprise of many, NFTs took the spotlight and as of January 2022, is still the highest volume in sales.
Here’s an insight on five blockchain games that could take over in 2022.
Galaxy Fight Club
Galaxy Fight Club (GFC) is another blockchain-based game that switched its gears from a 10,000 avatar collection to the first cross fighting platform and cross-brand where players can use their collection of avatar to fight.
GFC focuses more on interoperability, uniquely placing a high value on original fighters, but also allowing other avatars to battle for an opportunity to earn rewards.
Expected to launch on the Polygon network, the game looks to feature different themes from several partnering collections such as CyberKongz and Animetas integrating its cross-platform aim.
GFC plays on the SuperSmash Bros nostalgia, except that one is battling for loot keys to loot boxes rather than wiping out their opponent.
As of writing, GFC is currently in beta testing and is experiencing minor setbacks which include a delayed initial DEX offering (IDO).
The date for public access is still uncertain, but many are hopeful for a rollout in Q1 2022.
Axie Infinity
Axie Infinity was the first blockchain game to execute the play-to-earn model. It has a highly developed and well established ecosystem with a strong economic model. Axie Infinity is currently referred to as the trojan horse for even broader blockchain game adoption.
Axie Infinity continues to solidify its place at the top of DappRadar NFT rankings, according to its data. As the top traded collection, Axie Infinity comes on top of NBA TopShot, Splinterlands and WAX blockchain’s “Farmer’s World,” closing out $563.6 million in the past 30 days.
Guild of Guardians
Guild of Guardians, built on ImmutableX is the first layer-two platform built on the Ethereum blockchain and focuses on NFTs.
It is one of the more anticipated blockchain games in 2022. It will be operating on mobile as a free-to-play role-playing game as it aims to provide free access. It models the P2E mechanics.
Similar to blockchain games like Axie Infinity, in-game assets on Guild of Guardians can be exchanged.
The project’s token launch alongside its NFT founder sale has peaked the interest of many investors and gamers as it has generated close to $10 million in volume.
The Guild of Guardians (GOG) tokens launched in October of 2021 and are otherwise known as ‘gems’ inside the game.
These Gems are what power and activate key features in the game such as interacting in the marketplace and minting in-game NFTs, and are available to earn while playing.
In the past month, the Gem token has performed steadily, spiking to its all-time high of $2.81 after its launch.
Despite the token taking a downward turn of over 50% from its all-time high, some members of the community still are looking forward the possibility of liquidity pools and staking, which token price stabilizing features.
DeFi Kingdoms
DeFi Kingdoms was born out of a passion for investing which lured developers to blockchain technology. An inspiration born out simple beginnings.
Created as a visualization of liquidity pool investing, Defi Kingdoms houses in-game ‘gardens’ which represent figurative and literal token pairings and liquidity pool mining.
In DeFi Kingdoms, investors own a portion of their LP share within a plot filled with blooming plants. It puts a twist on playing a game by attaching the concept of growth to DeFi protocols within a play-and-earn model.
DeFi Kingdoms was built on the Harmony Network and went ahead to become the first project to ever top the DappRadar charts on the network.
This could easily be attributed to an influx of individuals interested in both blockchain and DeFi games or it could be as a result of the recent surge in its in-game utility token, JEWEL.
JEWEL allows users to purchase NFTs in-game buffs in order to increase a base-level stat. It also allows for liquidity mining, giving users the opportunity to create more JEWEL via skating.
Four months ago, JEWEL started at $1.23 but it has surged by 1,487%. According to the data from CoinGecko, the token price has increased approximately 165% in just this month alone.
CryptoBeasts
CryptoBeasts is a peer-to-peer electronic rare egg pixelated digital art system built on the Ethereum blockchain that elicits the retro feel of Zelda game.
The pixelated colorful eggs grant each owner one decentralized autonomous organization (DAO) as well as one land parcel in the game‘s universe known as “Eggland”.
Operating on a hierarch, the DAO allows players to determine their voting status from the number of eggs they own. As strange as it might sound, decisions appear to be calculated in CryptoBeasts.
Numbers are important as they determine one’s status, but prime numbered eggs can hatch rare and stronger. Prime numbered eggs can also severe benefits like yielding more native CBX token.
According to statistics from Dune Analytics, the highest-selling rare egg went at a one time sale value of $9,085 (5 Ether (ETH). Sales peaked a bit after an announcement about in-game tokenomics on December 31, 2021.
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