Looking for the best video game cryptocurrency? Investors are always on the lookout for the next AXS – the token for Play-to-Earn classic Axie Infinity – whose value rose by over 300 times in 2021. Gamers use GameFi tokens to make in-game purchases, but let us not forget that investors can buy GameFi crypto too as an investment.

Maybe with Battle Infinity and Tamadoge, we have the next Axie Infinity as well as the next Dogecoin right in front of us. We look at the exciting crypto for these games below. We focus too on the Lucky Block NFT gaming platform, and review a further seven cryptocurrencies for video games.

A Closer Look at the Best Video Game Cryptocurrency to Invest in

Let us look at some of the most popular crypto games out there, as well as the tokens needed to play them.

1: Tamadoge (TAMA) – ‘The Play to Earn Dogecoin’

One of the best emerging cryptocurrencies to buy in 2022, Tamadoge aims to bring a new and exciting spin to the canine-themed meme world of Dogecoin.

In 2021, investors who timed it right made good returns by choosing to buy DOGE. And now there’s Doge with utility: investors who buy TAMA can use it to breed their own NFT pets and compete to earn more TAMA.

The commercial idea with Tamadoge is to leverage the massive popularity of the Doge world – and supercharge it with some rewarding Play-to-Earn gameplay. Players can buy and train their own NFT pet, which is represented in 3D graphics. Each pet is unique, with its own strengths and weaknesses. Pets compete in the Tamadoge arena to earn Dogepoints for their owner. And top Dogepoint holders are then rewarded in TAMA.

Tamadoge is not just aimed at serious Play-to-Earn fanatics. This gentle NFT-based game is aimed too at casual players who want to learn how to earn cryptocurrency playing games.

When it comes to tokenomics, a plus point of Tamadoge is that it is deflationary (so there’s always upwards price pressure). There has been no private sale prior to the beta presale which is on right now. The whole operation has been KYC’d by Coinsniper, so there are no worries of being ripped off by the founders.

The project has now raised around $15 million with more than 80% of its presale token allocation and the rest expected to sell by the end of September. A listing is already confirmed on centralized exchange LBank and more are expected to be announced in the new future.

With its simple idea, Tamadoge could turn out to be one of the most popular crypto games in 2022.

2: Battle Infinity (IBAT) – Top Metaverse/Play-to-Earn Ecosystem Token

Judging by excitement in the gaming community, this fantasy sports metaverse is shaping up to be the next Axie Infinity. Battle Infinity is an exciting new metaverse bristling with NFTs and Play-to-Earn (P2E) opportunities. And its token IBAT is well-placed to become the best video game cryptocurrency for 2022.

This mega offering hosts no less than six areas to give gamers an immersive fantasy sports experience powered by the top Unreal 3D graphics engine:

1. IBAT Premier League: players connect their crypto wallet to dive in.
2. IBAT Battle Swap: players buy IBATs here and swap them for other crypto.
3. IBAT Battle Market: The NFT nerve centre, where players can buy and upgrade their avatar, buy in-game assets as well as land and even billboard advertising.
4. IBAT Battle Games: The store for stellar Play-to-Earn/NFT games.
5. IBAT Battle Arena: The action-packed fantasy sports arena where players put their avatars to the test.
6. IBAT Battle Stake: Gamers can put their IBAT to work with three types of crypto staking available.

Launched in India and already reaching out around the world, Battle Infinity is set to challenge the big players in India’s fantasy sports as the most popular crypto game: Dream11 (100 million users) and Mobile Premier League (85 million users).

The project sold out its presale in just 24 days and potential investors can now buy Battle Infinity, which has a market cap of $40 million, on PancakeSwap and LBank, with more listings expected in the near future.

3: Lucky Block (LBLOCK) – Token for Worldwide NFT Competition Platform

With its focus on prize draws, Lucky Block is perhaps the best game to earn cryptocurrency if a gamer/investor is not that fond of video games.

Users of the hot new Lucky Block platform can enter competitions with great prizes – with $1m in Bitcoin, a Lamborghini and even a house among the rewards currently on offer. The investor need only buy Lucky Block (LBLOCK) and use it to buy NFTs onsite.

Each collection of NFTs available relates to a particular prize draw – so investors can get strategic. Exclusive giveaways are available for Platinum Rollers Club NFT holders. And Lucky Block NFT owners even get to earn rewards after competitions end.

As one of the coolest NFT projects, Lucky Block has a fully-fledged roadmap to back up positive LBLOCK price predictions. Part of the grand plan is to offer two versions of LBLOCK: the BEP20 versions available on decentralized exchanges, and the ERC-20 token which is now listed on multiple centralized exchanges.

The earlier LBLOCK is linked to jackpot rewards, but features a 12% transaction tax to prevent early dumps after its launch. The later LBLOCK is not linked to jackpot rewards and comes with zero transaction tax.

The Lucky Block project has some serious experience behind it. Founder and CEO Scott Ryder has a raft of successful crypto projects behind including a DEX called DeFi Swap and its native coin DeFi Coin (DEFC).

Ryder also recently announced that, along with more listings on bigger exchanges, LBLOCK V1 token holders will be able to convert to V2 when a bridge goes live on September 30.

He also revealed that the token is going to be subject to a monthly burn of 1%, starting on September 30, to drastically cut supply of LBLOCK.

4: Decentraland (MANA) – Play-to-Earn and NFT Metaverse

Decentraland offers crypto video games as part of its metaverse – and gamers and investors alike can buy MANA to get involved.

The Decentraland metaverse is browser-based and presents a virtual reality map based on plots of land. Investors and brands can buy these plots as NFTs using in-house crypto LAND (exchangeable for MANA). Plots are used to build virtual properties, which are then used as shops or to host events.

Numerous corporate brands bagged a Decentraland plot in 2021, including Adidas, Atari, Miller Lite and Samsung. Sotheby’s have held a virtual auction onsite and, in March 2022, a Decentraland fashion show attracted big brands like Dolce and Gabbana and Estée Lauder.

Exciting cryptocurrency video games are beginning to show up on Decentraland. Wilderness Play 2 Earn is a Free-to-Play MMO-RPG set in Decentraland’s ‘Magical Forest’. (MMO stands for ‘Massively-Multiplayer Online Game, and RPG stands for Role Playing Game). Gamers can earn in-game crypto $WLDY and win wearable NFTs for their avatar.

5: Enjin Coin (ENJ) – Token for the Enjin Play-to-Earn Multiverse

ENJ is the token for a whole ‘multiverse’ of metaverses hosted by Enjin. This multiverse hosts many play-to-earn games in one integrated world. Players can buy the ENJ token and use it mint NFTs for in-game equipment and avatars. A further crypto Efinity is used ‘to fuel a decentralized metaverse’.

Enjn hosts an NFT marketplace with 3.2 million digital items traded, and over a billion blockchain assets to explore.

The Enjin Multiverse stands out because NFT items bought in one play-to-earn game are often useable in other games onsite, even if the games are hosted on different blockchains. Enjin confirms, for example, that owning ‘an APG-M55 Plasma Gun means that you have a deadly weapon to play in 24 games and counting.’

Another stand-out feature of the Enjin model is that Enjin NFTs can be ‘melted down’ and some of the Enjin tokens used to make them recovered.

6: The Sandbox (SAND) – Classic Metaverse Token

Founded back in 2011, The Sandbox was one of the first decentralized platforms for Play-to-Earn games. User participation and content creation is encouraged through the Sandbox Decentralized Autonomous Organization (DAO). As with Decentraland, players can buy plots of virtual land and monetise them, as well as building their own NFT avatar.

Sandbox has accumulated some high-profile brands as partners, including Adidas, Snoop Dogg, Atari and the Smurfs.

The Sandbox virtual world is secured on the Ethereum blockchain. It uses the Proof-of-Stake consensus mechanism (rather than the environmentally-unfriendly Proof-of-Work mechanism employed by Bitcoin).

SAND is the governance token. As an ERC-20 token, SAND may be staked, both in-game and elsewhere. The supply of SAND (like most GameFi tokens) is capped: at 3bn tokens. Currently 1.28bn SAND tokens are in circulation. SAND has an undiluted market capitalization of $1.7bn and a typical daily trade volume topping $350m.

Since June 18th, 2022 the value of SAND has risen from $0.7431 to a current price of $1.3542. That is an increase of 82% in 6 weeks.

7: Gala (GALA) – Player-friendly P2E Platform

GALA is the governance token for the Gala Games Play-to-Earn/NFT metaverse.

Gala has PVP brawler Spider Tanks and colony simulation Townstar in Beta, as well as over half a dozen games in other genres in development and testing.

Gala makes a bold claim: that it is ‘making blockchain games you’ll actually want to play’. With their evolving range of play-to-earn games, Gala’s emphasis is on fun, simple gameplay rather than complicated blockchain mechanics. This focus on player experience is reinforced by Gala developing their games in liaison with their Discord community – and having the whole platform run on their own player-owned node ecosystem.

There are three types of validation nodes which players can get involved with to earn rewards like GALA tokens and limited edition NFTs. Owners who buy a license to operate one of Gala’s 16,000 nodes get a vote on how the GALA network evolves.

Gala’s focus on player ownership makes its token GALA arguably one of the best cryptos under $1 for investors wanting to back the GameFi phenomenon. One GALA is currently priced at just $0.05976.

8: STEPN (GMT) – ‘Move-to-Earn’ Token

GMT is the tradable governance token for the STEPN fitness app. STEPN is pioneering a new category of crypto game: instead of ‘play-to-earn’, STEPN is all about ‘move-to-earn.’

STEPN aims to promote health and fitness by rewarding players who walk, run and jog in real-life. Players buy a pair of STEPN NFT sneakers/trainers and, thanks to GPS technology, earn in-game currency GST as they exercise. GST can be used to mint, repair and level up sneakers. And when players upgrade their sneakers to level 30, they earn GMT.

Investors can buy GMT without using the STEPN app. One GMT is currently worth $0.999. Since June 13th, 2022, the value of GMT has almost doubled: rising from $0.5645 to $0.9976 by July 31st. Investors can check out STEPN GMT price predictions before taking the plunge.

Based on the Solana blockchain, GMT can be numbered as one of 2022‘s best gaming crypto coins. STEPN’s synergy of real-world fitness and in-game financial reward is an idea with unique potential.

9: Axie Infinity (AXS) – Play-to-Earn Game Popular in the Philippines

In its heyday in 2021, Axie Infinity was viewed as the most profitable crypto game. It had the most valuable collection of in-game NFTs on the planet as well as monthly player figures of upwards of 2 million. Players in the Philippines made a living from Axie, and still do to a lesser extent.

Axie players breed, train and fight NFT ‘monsters’ to earn in-game crypto SLP as well as utility token AXS.

But 2022 saw crisis strike. Axie is an Ethereum video game, built on the Ronin Network (an Ethereum sidechain). In March, hackers plundered the Ronin network to the tune of US$620m. As part of a wider NFT and crypto slump, the value of SLP was already significantly down. Now investor confidence was gravely dented, and the price of AXS has yet to recover. Price predictions for AXS are not, therefore, hugely optimistic.

And it is looking like IBAT – the token for the exciting new Battle Infinity fantasy games metaverse – is set to challenge Axie as one of the best GameFi crypto tokens to buy.

10: Illuvium (ILV) – Fantasy Play-to-Earn Metaverse

Illuvium is a Play-to-Earn metaverse based on the fantasy genre. Players can explore the 3D open world of Illuvium as well as build up a team of creatures called ‘Illuvials’ to do battle. Each Illuvial is represented as an NFT. Players mint and trade their NFTs with zero fees and virtually instant transactions, thanks to Illuvium’s use of Layer-2 scaling solution Immutable X (IMX).

With its 3D graphics, Illuvium is targeted at traditional gamers who may have not have much experience with NFT and crypto. And, as with Battle Infinity, the Illuvium platform hosts staking opportunities, an NFT marketplace for in-game items and a decentralized exchange focussed on the in-house token.

Having topped $1,800 per token in late 2022, the Illuvium in-game token ILV is currently priced at $120. As with other GameFi tokens, its recent fall in price is down to the general slump in NFT and crypto sectors thanks to wider economic fears.

History of Crypto Video Games

Let us be clear: crypto video games are online games which use crypto to reward players. We are not talking about the best video on cryptocurrency or crypto (like Livepeer, for example) which relates to video streaming.

Video games in primitive form have been with us since the early 1950s. The commercial video game industry took off in the early 1970s, with the rise of computer game arcades and the launch of the first home video console the Magnavox Odyssey.

• Blockchain games got going with the launch of NFT breed-and-fight game Cryptokitties in 2017.
• Then came play-to-earn classic Axie Infinity in 2018, which has been arguably one of the most profitable crypto games ever. Its NFT collection in 2021 was the most valuable in the world.
• Ubisoft has been one of the few traditional games developers to embrace NFTs in their games. Valve, the company behind giant games platform Steam, banned NFT/crypto games in 2021 on the basis that they contain in-game purchases.

Are Crypto Video Games a Good Investment?

The tokens for a crypto video game can be a great investment if the investor treats them as the high-risk assets they are.

Crypto tokens generally are high-risk – but the tokens for crypto video games can be viewed as riskier still. That is because sometimes their market capitalization is very low, which means that price movements are exceptionally volatile. Further, some games take off and some do not; and the price behaviour of a game’s token tends to follow its popularity in terms of users.

The roller-coaster ride of the AXS token for the Axie Infinity game shows how quickly the fortunes of a GameFi token can turn; first it was the market darling of 2021, then the general downturn in the market as well as its own hacking scandal sent AXS into decline in 2022. This is despite the fact that the game still pulls in roughly 1m players a month.

This riskiness needs to be factored into an investor’s thinking. Of course, high risk potentially presents high rewards. But investment in crypto of any kind should be matched by a much greater investment in lower risk assets, like stocks, ETFs and commodities. Experts recommend that between 1% and 5% of an investor’s portfolio should comprise crypto.

Remember that investors can stake some GameFi tokens. Battle Infinity, for example, allows users to stake IBAT tokens on-platform. Other GameFi tokens may be staked with platforms like Binance.

How to Buy Tamadoge

Buying TAMA involves five simple steps:

Step 1 – Set Up a Crypto Wallet

Metamask wallet is a good wallet to use for buying TAMA as it is free and simple to use. It also offers multi-chain support (as we have seen above).

• Head to the MetaMask website.
• Click ‘Download’.
• Follow the instructions onscreen.

Step 2 – Purchase Tether (USDT) or Ethereum (ETH)

ETH or USDT can be used to buy TAMA tokens. Many ways exist to buy Ethereum or USDT. The Tamadoge presale platform allows investors to use a credit/debit card to buy ETH with the fiat gateway Transak.

Step 3 – Link Wallet to the Tamadoge Presale Platform

• Visit Tamadoge’s website.
• Click ‘Buy’.
• Click ‘Connect Wallet’.
• Choose your wallet provider.
• Follow instructions onscreen.

Step 4 – Purchase Tamadoge (TAMA)

• Enter how many TAMA are wanted. A minimum transaction of 1,000 TAMA applies.
• Depending on which crypto you have bought to trade with, click ‘Convert ETH’ or ‘Convert USDT’.
• Confirm the transaction.

Step 5 – Claim Tamadoge (TAMA)

Once the Tamadoge presale ends, investors can get their hands on their TAMA:

• Go to the Tamadoge website and click ‘Claim’.

Conclusion

Above we have reviewed the pick of the best video game cryptos, that should interest both investors and gamers.

We are particularly impressed by three tokens in particular: IBAT, TAMA and LBLOCK:

• Powered by the stellar Unreal 3D engine, Battle Infinity (IBAT) is set to provide play-to-earn gaming on a new level.
• With its simple and compelling game mechanics as well as cute graphics, Tamadoge (TAMA) is aiming to be the next Dogecoin – and who is to say it will not be, given the utility the coin brings?
• Lucky Block (LBLOCK) continues to develop as a leading NFT competition platform and will introduce a 1% monthly burn at the end of September.

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