Top Play To Earn Tokens by Market Capitalization 2022. “Play to earn” is a term used in the gaming industry to describe the practice of gaining digital assets through play. Gaining access to these tokens requires achieving certain goals.
These tokens can be utilized both inside and outside of the game, since they may be moved to external storage like as a wallet or an exchange where they can be bought and sold for other currencies.
According to coinmarketcap analysis, the following are the top play to earn tokens in the order of their marketcap;
Here are the top play to earn tokens by market capitalization 2022.
Top Play To Earn Tokens by Market Capitalization 2022
Decentraland
Decentraland is one of the top play to earn tokens by market capitalization 2022.Â
With the help of the Ethereum blockchain, Decentraland (MANA) is a virtual reality platform where customers can create, enjoy, and make money off of their content and applications.
Those who wish to explore, construct, and maybe profit from their slice of virtual reality must first purchase a plot of land in the virtual universe.
In 2017, Decentraland held an initial coin offering (ICO) that raised $24 million. The closed beta version of the MMORPG debuted in 2019, and in February of 2020, the full version released to the general public.
Since then, people have built all kinds of things on their LAND, from video games to massive 3D environments and beyond.
The two tokens in use in Decentraland are MANA and LAND. To get non-fungible ERC-721 LAND tokens, you’ll need to burn an ERC-20 token called MANA.
Moreover, the Decentraland marketplace accepts MANA tokens as payment for various avatars, wearables, names, and other in-game items.
Who Are the Founders of Decentraland?
Although they no longer hold executive roles, Ariel Meilich and Esteban Ordano, the project’s co-founders, continue to serve as consultants to this top play to earn tokens by market capitalization 2022.
Ariel Meilich, who built multiple successful businesses, including an online translation service and a customer relationship management platform, was once the project lead at Decentraland (from 2017 until 2020).
He also had a stint as an analyst at the prestigious Silicon Valley VC firm Charles River Ventures.
Esteban Ordano, on the other hand, is the former technical lead of Decentraland and has an extensive background in the cryptocurrency industry, having served as a software engineer at BitPay, Inc., an advisor to Matic Network, and the owner of Smart Contract Solutions, a smart contract development firm.
In addition, Esteban is credited with helping to build Zeppelin Solutions, a reputable blockchain technology infrastructure firm.
Decentraland’s development continues under the guidance of the newly formed Decentraland Foundation, even if Ariel and Estaban are no longer directing the project.
What Sets Decentraland Apart from the Rest?
Decentraland was designed to accommodate artists, entrepreneurs, and consumers searching for novel ways to express themselves creatively, expand their enterprises, and have fun.
Each piece of land in the Decentraland gameworld, known as the “Metaverse,” is represented by an ERC-721 non-fungible token. There are a total of 90,601. Each LAND in the Metaverse is a square of exactly 16 meters on each side (256 square meters).
While LAND owners have complete creative control over what they do with their plots, the Metaverse as a whole is split into many districts of varying sizes and themes. Parcels of LAND in these districts cannot be sold because they were created through individual crowdsales for MANA tokens.
As of January 2021, 8,008 LAND in the cyberpunk-themed Aetheria constitute the largest district.
The Decentraland project is one of the rising number of initiatives using a DAO structure for making governance choices. By proposing and voting on policy updates, the particulars of upcoming LAND auctions, and the types of content that are allowed with the Metaverse, MANA token holders determine the behavior of the Decentraland universe.
Many users of Decentraland currently make money from leasing, advertising, and sponsored experiences on top of using the platform as a creative outlet. Others make money on Decentraland by making and selling their things on the marketplace in exchange for MANA tokens.
The Sandbox
The Sandbox, released in 2011, one theTop Play to earn tokens by market capitalization 2022, is a blockchain-based virtual environment where users may develop and trade virtual items.
The Sandbox is a decentralized platform for a robust gaming community, powered by the combined forces of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs).
The primary goal of this top play to earn tokens by market capitalization 2022Â platform, as stated in the project’s official whitepaper, is to implement blockchain technology in commercial gaming successfully.
Users can engage in artistic and gaming activities on the site because of its emphasis on the “play to earn” paradigm.
The Sandbox leverages blockchain technology via the SAND utility token, which is used for all in-platform transactions.
Who Are the Founders of The Sandbox?
CEO and co-founder of Pixowl, Arthur Madrid is also a key figure in the creation of The Sandbox.
In 2000, he received his bachelor’s degree in economics from Université Paris Dauphine. Before starting his own business, Madrid worked as a consultant for Eurogroup Consulting France. 1-Click Media, which he started in 2001, was acquired by Ipercast in 2005.
Sebastien Borget is not just the Chief Operating Officer (COO) of Pixowl, but also the company’s co-founder.
After attending Institut national des Télécommunications, he earned a computer systems networking and telecommunications degree in 2007.Â
Initially, he worked as a project lead for 1-Click Media, and since then, he and Sebastien Borget have been running a successful business together. They began working together in 2011 when they co-founded Pixowl.
What Makes The Sandbox Unique?
The Sandbox stands out among other gaming platforms because of the way it applies blockchain technology. Pixowl realized in 2011 that the gaming sector was a vast unexplored area for implementing blockchain technology.
The goal of the Sandbox is to change the market by providing a setting in which players can design and amass blockchain-based assets. It carves out its own special section of the video game industry worldwide.
The Sandbox fosters an active metaverse of players that generate content and contribute to the platform’s growth by emphasizing such content.
Furthermore, the Sandbox encourages decentralized governance by introducing the SAND token and allowing users to voice their opinions on the direction of the project.
As blockchain development advances, decentralized governance is becoming an absolute necessity.
Many prominent names in the gaming business were interested in backing the company and investing in its early success. Some examples of this include the Atari, Helix, and CryptoKitties brands.
Axie Infinity
Axie Infinity is a player-owned and -operated trading and battle game built on the blockchain. It is third on the list of top play to earn tokens by market capitalization 2022.
View our in-depth exploration of Axie Infinity to find out more about this initiative.
Axie Infinity is a game where players can take care of virtual pets, or “Axies,” using a token system similar to that of Pokémon or Tamagotchi.
More than 500 body parts, including those from fish, mammals, birds, insects, plants, and reptiles, are available to these Axies, allowing them to assume a wide range of shapes and sizes.
Axies are incredibly diverse and often one-of-a-kind because they can have any combination of body parts from any of the four type classes, making them extremely unusual and distinctive.
Each Axie is a non-fungible token (NFT) with its unique set of traits and strengths; they can be fielded in 3v3 combat, with the victorious faction accruing experience (exp) pointing out that can be used to increase base attributes or evolve specific limbs or other body parts.
These Axies can be bred with one another to create new and distinct offspring, which can then be employed by the breeder or sold in the Axie market.
Axie Infinity Shards are a governance token exclusive to the Axie Infinity network (AXS). You’ll need these to cast votes on important matters of governance and have a voice in how the Axie Community Treasury is allocated.
Who Are the Founders of Axie Infinity?
Sky Mavis, a Vietnamese video game studio that specializes in developing games with an emphasis on technology, launched Axie Infinity in 2018. Trung Nguyen and Aleksander Larsen established the company.
CEO Trung Nguyen currently heads the platform. Before starting Axie Infinity, Nguyen worked as a software developer at Anduin Transactions, where he later got his start after earning his BS in computer software engineering.
Aleksander Larsen, a former professional player, is not only a co-founder but also the chief operating officer of the platform.
The year 2017 marked Larsen’s entry into the field of blockchain gaming. Prior to joining the Blockchain Game Alliance, he served as the executive security officer for the Norwegian Government Security Organization.
Axie Infinity has 25 full-time staff, several of whom have worked in the video game industry.
What Makes Axie Infinity Unique?
Six of the hundreds of possible Axie body parts, each with unique combat ability, are in each of Axie’s control. This results in an almost infinite variety of Axies, with most having relatively poor statistics and the strongest having extraordinary stats due to a particularly powerful mix of body parts.
To help keep the Axie population under control, each Axie can only be bred a maximum of seven times, unlike in other blockchain-based battling and breeding games.
If you want the best possible chance of breeding a rare or powerful Axie, you should use Axie Infinity’s dedicated mating center to identify a compatible mate. Tokens for the Small Love Potion (SLP) and 0.005 ETH are required to breed Axies.
Eventually, AXS token holders will be able to stake their tokens in exchange for periodic rewards. However, in order to receive their benefits, AXS holders will need to cast votes and participate in games, unlike with other stakeable assets.
Gala
The founders of Gala Games want to change the gaming business by putting the power in the hands of the gamers once again. To create “blockchain games you’ll want to play” is Gala Games’ primary objective.
The initiative aims to change the current situation in which players can invest hundreds of dollars in in-game assets and countless hours into a game that can be taken away from them at any time.
With the use of blockchain technology, this top play to earn tokens by market capitalization 2022 game hopes to restore players’ agency over their gaming experiences and their virtual possessions.
In this top play to earn tokens by market capitalization 2022 game, players that hold NFTs have a voice in the management of games. Players have a say in what games Gala creates and which ones receive financing thanks to the Founder’s Nodes voting system.
Gala Games uses its own utility token, GALA, in addition to purchasing NFTs for individual games.
Gala Games has only released one actual game, Town Star, and one NFT collectible series, VOX. Future releases will include a fantasy role-playing game, a science fiction strategy game, and a tower defense game.
Since its 2019 debut, Gala Games has amassed a monthly user base of 1.3 million, and 26,000 NFTs have been sold, the most costly of which fetches $3 million.
Who Are the Founders of Gala Games?
Eric Schiermeyer is responsible for establishing Gala Games. Zynga, a leader in the social and mobile gaming field, was founded in part by him. Successful Zynga games including Poker, Mafia Wars, and Farmville were all introduced during Schiermeyer’s tenure as CEO.
Gala Games, founded by Schiermeyer in July of 2019, is a blockchain-based gaming network that aims to give players greater control over their games and increase their sense of ownership over them.
Sixty people are working on the Gala Games.
What Makes Gala Games Unique?
Gala Games isn’t just one game; it’s a collection of entertaining blockchain games that put gameplay above technical considerations. Its lone playable game, Town Star, is a browser-based city-building simulation.
In Town Star, players take on the role of mayor, similar to SimCity, except in this case, they are the true owners of the town they oversee.
Gala Games’ NFT avatar collection is known as VOX. Since each VOX is one-of-a-kind, there are also varying degrees of rarity. 8,888 VOX were sold in the ICO’s first phase for an average of 0.0888 ETH, or around $280 at press time. VOX may have been influenced by Town Stars, but he serves a purpose beyond that of an NFT avatar.
Those who possess GALA can store it safely away, and in the future, they will be rewarded in VOXcoin for using their VOX avatars in VOX games. In addition to the VOX, purchasers will receive an FBX file, which can be used for animation or possibly 3D printing in the future.
Various other games are currently in production. Featuring a fantasy medieval setting, Fortified pits players against one another in a tower defense game. There will be a competition between players to see who can construct the most effective tower defenses.
In Mirandus, five player-monarchs share power over a vast fantasy universe. Players can claim in-game property and territory.
Science fiction strategy game Echoes of Empire is set in a galaxy at war. Players can build and command their own space fleets, and even rule over their own sectors of the galaxy.
You can choose your own “spider tank” and do combat with other players in Spider Tank Project, a MOBA (multiplayer online battle arena) game. The game has no upfront costs but will include ways to generate money while playing. Publication is expected in the fourth quarter of 2021.
Community input is crucial to the creation of these games. Gala Games uses its Discord community extensively to have conversations and validate assumptions. With this, gamers may have a hand in deciding the games’ futures and aesthetics.
Gala Nodes, which facilitate the Gala network, can be run by users. In exchange, they are given advantages such as GALA and special limited-edition NFTs.
There are three types of nodes that make up the Gala Node ecosystem: proof-of-work (PoW), proof-of-stake (PoS), and proof-of-storage (PoS). Tier-1 nodes with a PoW of 50,000 fully-owned NFTs are known as Founder Nodes. To thank them for their early support, the network will distribute NFTs from all following games and GALA to their node license.
PoS are nodes that are “rented” via a smart contract to run certain games for a fee. To eliminate the need for third-party hosting services like Amazon S3, Proof-of-Storage provides free nodes that can host the games locally.
Wax
WAX (WAXP) is a blockchain protocol established in 2017 with the specific goal of improving online transactions’ efficiency, transparency, and security.
Delegated proof-of-stake (DPoS) is used as the consensus mechanism on the WAX blockchain. This works flawlessly with EOS.
In order to maximize the blockchain’s utility for usage in e-commerce, WAX has built bespoke features and incentive mechanisms to incentivize voting on proposals.
WAX has developed a set of blockchain-based tools that facilitate the creation of decentralized application (DApp) markets and non-fungible tokens.
E-commerce is made possible by tools like the WAX Cloud Wallet, Single Sign-On (SSO), and Open Authorization (OAuth), the latter of which is a native RNG service and a developer portal. The blockchain technology underlying WAX enables instantaneous transactions at no cost to users with a block period of 500 milliseconds. Voting incentives are used to get people to help choose block producers and enhancement suggestions.
Who Are the Founders of WAX?
William Quigley and Jonathan Yantis established this top play to earn tokens by market capitalization 2022.
The Disney Company hired William Quigley after he graduated from USC. In the early 1990s, he left Disney to pursue an MBA at Harvard and a career in venture finance. At Idealab, he eventually rose to the position of managing director. He not only developed WAX, but also oversees business operations at Magnetic as its CEO.
Chief Operating Officer at both WAX and OPSkins, Jonathan Yantis wears many hats in the business world.
What Makes WAX Unique?
Token holders of WAXP can exchange their tokens for WAXE, an ERC20 utility token built on the Ethereum blockchain.
To get WAXE across the Ethereum bridge, those who want to take part in WAX tokenomics must first burn their WAXP tokens. Afterwards, they will have to put their WAXE tokens at risk on the Ethereum distribution contract.
Stakeholders in WAXE are also given a governance token called WAXG, which is an ERC-20 token built on the Ethereum blockchain.
A predetermined schedule has been established, and the share of the WAX Economic Activity pool will be allocated to participants in direct correlation with their respective shares of that pool.
As a result, token holders will have control over how resources are allocated and dispersed on the network.
A smart contract called the WAX Economic Activity pool collects a portion of all WAX fees and converts them into ETH to be redistributed to WAXE holders. It can also be issued to holders of WAXG tokens who choose to destroy their existing holdings.
Smooth Love Portion
You can earn Smooth Love Potion (SLP) tokens by taking part in the Axie Infinity game. This virtual good can be considered an equivalent to experience levels.
SLP are ERC-20 tokens that may be used to create new Axies, digital pets. The first breed will cost 100 SLP, the second will cost 200, the third will cost 300, the fourth will cost 500, the fifth will cost 800, and the sixth will cost 1,300.
Only up to seven Axies can be bred, with the final generation costing 2,100 SLP. The purpose of this cap is to control inflation and avoid hyperinflation.
Gaining enough SLP to breed for the first time can be difficult; it’s possible that a player would have to win 15 competitions before they have enough tokens. Players can gain a competitive advantage by purchasing SLP on the open market.
Who Are the Founders of Smooth Love Potion?
Perhaps a better inquiry would be who exactly founded Axie Infinity. Trung Nguyen, CEO of the business responsible for the game, used to work as a software developer in the United States before he decided to focus on the project instead.
Nguyen claims that his frustration with the fact that so many gamers don’t actually own valuable assets in popular games drove him to investigate the potential of blockchain technology in the gaming industry. Speaking to Blockchain Gamer, he praised the Ethereum platform for providing him with the resources to make his “dream game.”
According to Nguyen, SLP is utilized in the breeding process since it is intuitive for people who are already familiar with the mechanics of collectible games like CryptoKitties.
What Makes Smooth Love Potion Unique?
SLP’s listing on exchanges is unique for virtual currencies. The situation is analogous to if Nintendo had decided to provide real value to the coins Mario used in Super Mario.
According to Nguyen, Axies are unlike other non-fungible tokens since they require special care if they are to mature into fully functional currencies.
In addition to being one of the few in-game tokens to be listed by Binance in its Innovation Zone, SLP stands out as a truly exceptional cryptocurrency. Exchanges only allow trading in this special section for tokens “that are anticipated to have higher volatility and offer a larger risk than other tokens.”
WEMIX
Wemix is a blockchain ecosystem that aims to remove the stumbling blocks that blockchain-based games and DApps face, such as excessive gas fees and slow transaction rates.
This top play to earn tokens by market capitalization 2022 asserts that it has found a solution to these issues through its use of a hybrid architecture comprising both public and private blockchain services, linked via intermediary chains.
As a result, the system’s provision of private blockchains to support an expanding library of games improves the scalability of on-chain gaming.
Furthermore, Wemix claims to make it easier for traditional game producers to use blockchain technology by providing middleware that handles blockchain-related operations without requiring extensive alterations to existing games.
In addition, its crowdfunding solutions lessen monetary barriers to entry for games by decreasing development expenses and streamlining the onboarding process for new customers.
The long-term objective is to attract one billion people who already play video games to switch to using blockchain technology.
Instead of the currently accessible, unnecessarily complex decentralized applications, the developers want to build alternatives that are more intuitive for gamers.
Who Are the Founders of Wemix?
Wemade Tree, a Wemade company focused on the blockchain industry, is developing Wemix. Wemade is a Seoul-based, publicly traded South Korean video game developer known for creating the role-playing game Legend of Mir, which sold 500 million copies in China.
Wemade is a major investor in several promising Korean game development firms and has over ten wholly owned subsidiaries, including Joymax (creator of Wind runner) and Flero Games (developer of Every Town).
Having started in 2000, Wemade has developed and published games such as Icarus, Lost Saga, The Legend of Mir II, III, Avalon Online, Aster Online, Changchun Online, Wind Runner, Wind Runner Z, Icarus M, Candy Pang: Juicy World, Touch Fighter, Aero Strike, My Secret Bistro, Everytown, Abyssrium, Goddess’ Kiss, and Viking Island.
What Makes Wemix Unique?
To accomplish its lofty objective of making blockchain-based games accessible to the masses, the Wemix ecosystem incorporates a number of different components.
To put it simply, Wemix is a multi-chain initiative not unlike from Avalanche and other public blockchains (AVAX). It is made up of public and service chains, as well as a chain that serves as a connection between the two.
Wemix’s private service chains are optimized for the fast and seamless processing of high volumes of transactions without the gas expenses that plague public blockchains.
To avoid compromising on user satisfaction, Wemix proposes not recording all in-game transactions on a public blockchain. Wemix’s ability to scale the required number of service chains would allow it to address the scalability issue plaguing both games and DApps.
In the Wemix ecosystem, the public chain would handle all monetary transactions and operate as the asset management chain. Eventually, a connection would be made between the service chains and the public chain, where trade takes place, allowing for the transfer of assets created on the service chains.
The bridge chain acts as a go-between chain, facilitating the smooth exchange of and all-encompassing administration of in-game assets. The bridge chain would connect the service chains to the public chain, allowing for the transfer of assets between the two. The assets could return to their original service chain via the bridge chain after the intended transaction is finalized.
Wemix maintains that this bridge chain is essential for relieving pressure on the other chains and achieving performance on par with the standard client-server architecture used in most games up to this point.
Trade delegators, a type of Wemix middleware, conduct trades on behalf of users and reduce the friction that users experience while interacting with smart contracts. To facilitate transactions between the WEMIX token and the game-specific tokens on the service chains, Wemix has developed its own wallet. Finally, binders are another sort of middleware that supports the integration of existing games with blockchain operations. Binders are responsible for transferring information from existing gaming databases to blockchains and creating the appropriate transactions. In this way, binders act as a replacement for game servers by establishing a connection between games and blockchains.
Radiocaca
RadioCaca is a provider of web 3.0 infrastructure solutions, backed by OKX Blockdream Ventures and the Tachyon accelerator by Consensys Mesh. It is one of the top play to earn tokens by market capitalization 2022.
RadioCaca’s first web 3.0 offering was a set of PFPs (profile picture style NFTs) for Elon Musk’s mother, Maye Musk, in July 2021.
In 2021, NFT drops generated $142 million in income for RadioCaca.
In September of 2021, we released the RACA NFT market. By April 6, 2022, trading volume on the RACA NFT marketplace had risen to over 682 billion RACA in less than 7 months.
Using the RACA price from April 6 as a benchmark amounts to nearly $1.3 billion in trading activity.
On the BNB and ETH chains, there is an NFT marketplace called Metamon Island. March 2022 had a total trade volume of 3 billion RACA, or about $60 million.
500,000 Metamon game characters have been released and have battled roughly 1.2 billion times in the past 6 months (by April 6). (by April 6).
In December 2021, we released the United States of Mars (USM), the largest 3D Metaverse on BNBChain/ETH. We obtained registered wallet users of more than 30,000 within 30 days in March 2022.
RadioCaca boasts a user base of over 68K on Discord, 610K on Twitter, and 470K on Telegram.
Biswap
The Binance Smart Chain hosts the decentralized exchange (DEX) Biswap (BSW), which trades BEP-20 tokens (BSC). Biswap claims to offer the lowest transaction costs of any BSC exchange at 0.1% and is dedicated to promoting growth and progress in the DeFi industry with its premium offerings. Farms, launch pools, swaps, and a lottery are all ways that users can earn referral fees using the company’s referral system.
Biswap provides a variety of features common to DEXs, including as an Asset Management Module (AMM), liquidity pools, yield farming, a Networked Token (NFT) marketplace, and an Initial Coin Offering (ICO) launchpad. Biswap plans to accomplish the following with its roadmap:
- Mainstream cryptocurrency exchange listing.
- Developments in its NFT market.
- Chain-to-chain assistance.
- Limit orders.
- Finance – Loaning and Borrowing.
- A user-specific interface.
- A swap referral program.
Biswap also disclosed a worldwide incentive program worth $10 million to encourage partnerships with other BSC initiatives. Financial incentives for partners include reimbursement of up to 90% of fees, access to farming pairs with BSW, a launch pool, publicity in the form of marketing and advertising, and funding for security audits and new venture development.
Who Are the Founders of Biswap?
Biswap went live in 2021, and the company’s website currently boasts the efforts of 27 employees. The entire team is pseudonymous and is shown on the site just as comic avatars. According to reports, “EK” has worked in the cryptocurrency industry for seven years and serves as CEO. Almost every member of the Biswap team cites several years of expertise in their particular field, however, no details are supplied. Biswap has not revealed who may or may not be funding the company.
What Makes Biswap Unique?
Biswap’s primary differentiator from other decentralized exchanges is its lower transaction fees. For example, Biswap states that it levies only a 0.1% cost compared to 0.25% on Pancakeswap, 0.3% on Mdex, Apeswap, and other BSC DEXes. A reward of 0.05% is given back to liquidity providers, and the same percentage is burned to create new BSW tokens. Biswap reserves the right to enhance this charge in the future and add an allocation to the team. The service assures us, however, that it will not raise its rates over the norm.
Depending on the paired currency pair, users can mine transaction fees and earn up to 90% of the 0.1% swap fee. In addition, they can give liquidity to pools and gain BSW farming incentives. Another key aspect of Biswap is its NFT marketplace that allows users to purchase NFTs using four cryptocurrencies: BNB, USDT, BUSD, and WBNB. Lottery players in the Biswap ecosystem have a chance at winning “significant BSW prizes” for their efforts. There is no limit on the number of tickets a user can buy, and 80 percent of all proceeds go back into the pot as prizes.
Biswap also has its own native tokens (NFTs), dubbed NFT Earn, which include an NFT Launchpad, Staking Pool, Boost, and Level Upgrade. Robi NFTs are a type of cryptocurrency that users can stake or boost for financial gain.
Finally, Biswap offers a platform for the IDO Launch of tokens from other blockchain projects. The DEX has more than 300,000 active users and offers a $10 million incentive program to attract new projects to the DEX.
DEAPCoin
The DEA Project was launched in Singapore; it is a blockchain-based NFT DeFi platform with games, NFTs, and other forms of entertainment. DEP primarily uses the DEAPcoin (ERC-20) utility token to acquire NFTs (ERC-721) in the NFT Marketplace to improve user experience while playing on the platform.
This top play to earn tokens by market capitalization 2022 creators hope that a difficulty in trading particular works of art on the secondary market related to intellectual property would be resolved. A perpetual royalty will be paid out to the original inventors from the proceeds. PlayMining, the company’s new platform, allows users to play games, read manga for free, and mine for DEP cryptocurrency while doing so. Most users come from Indonesia, Vietnam, the Philippines, and Taiwan, and the number of registered users has already surpassed 1,000,000 (as of April 2021).
DEAPcoin is the native utility token that is utilized for:
- To buy NFTs from DEP’s NFT Marketplace.
- Fees for processing transactions.
- Useful for the DeFi services provided by the DEA.
On August 28, 2018, DEP launched with a total of 30 billion DEP tokens produced at genesis. Nearly 66 percent of the total 20 billion DEP is set aside as ecosystem incentives and will be awarded via their NFT DeFi platform PlayMining as prizes for using the platform to engage in staking and other DeFi-related activities. The percentage of team members who have vested is under 4%.
Who Are the Founders of DEAPcoin?
DEAPcoin features unique and strong team members. Yoshida Naohito, co-founder and a well-known player in Japan’s entertainment media industry, has overseen three initial public offerings (IPOs). Former President/CEO of PwC Japan and Vice President of KPMG Consulting Japan, Shigeru Shiina is now Co-CEO of the company. Formerly served as the chief financial officer of PWC Japan. Kozo Yamada, the company’s co-founder and chief strategy officer (CSO), cut his teeth on creating music and variety shows at TV Tokyo Corporation before launching Tsukuriba, Inc. in 2018.
The Co-Founders launched this initiative to improve the present anime and manga business by safeguarding copyrights and remuneration for creators in the secondary market. Using blockchain tech, authors can receive royalties for as long as NFT trades are processed. Fifty people are currently working on this project, including marketers from Hakuhodo, Netflix, Yahoo Japan, and financial institutions.
Many members of the team have won awards and been nominated for awards at competitions all over the world, including a representative from the Japan National Team who placed fifth at the International Mathematical Olympiad in 2001, the champion of the Japan Parliament Debate Union Autumn Tournament in 2014, and the fifth-place finisher at the World University Debating Championship in 2015.
Alien Worlds
In Alien Worlds (TLM), a decentralized, one of the Top Play To Earn Tokens by Market Capitalization 2022, non-fungible token (NFT) metaverse participants compete for limited supplies of a virtual currency called Trilium (TLM), driving an economy based on virtual planets.
As a result, players progress through Alien Worlds by staking TLM and using TLM to vote in Planet Decentralized Autonomous Organizations, making the game a good example of decentralized finance (DeFi) (DAOs).
The value and popularity of play-to-earn (P2E) non-fungible token (NFT) games have skyrocketed this year. Players, referred to as “explorers” in Alien Worlds, have the opportunity to win real money by participating in the game or the Planet DAOs. A player can earn NFT packets or the game’s native currency, Trilium (TLM), through mining in Alien Worlds. Gamers can compete for NFTs or stake TLM to increase their payouts.
Alien Worlds has laid out a sizable portion of its plan thus far, including the introduction of TLM on Binance’s launchpad and the farming phase of TLM on Binance’s launchpool for early investors. In the gaming industry, forging has also contributed significantly to advancement. In the future, Alien Worlds plans to implement an automated system to distribute land parcels to players each day. Interoperability amongst NFTs is being planned for the future, and the Artifacts NFTs will soon be available.
Who Are The Founders of Alien World?
Dacoco GmbH, a German studio, developed the game together with two other titles. In the year 2020, Alien Worlds was established.
Dacoco is headquartered in Zug, Switzerland, sometimes known as “crypto valley” because to the high concentration of blockchain and cryptocurrency-related businesses there. Additionally to serving as validators for WAX guilds, they claim to be authorities on decentralized autonomous community groups.
What Sets Alien World Unique?
The first distinguishing feature of Alien Worlds is that it is a gaming metaverse that includes a large number of decentralized autonomous organizations (DAOs), giving each holder of the TLM coin a voice in the election of platform administrators and enabling them to stake, vote, and even run for leadership positions.
In order to demonstrate their allegiance to a planet and increase their daily TLM rewards, players can stake their TLM to Planet DAOs. The staked amount of TLM determines the weight with which the user’s opinion on the planet’s future is represented in votes.
Since the platform allows users to run for Councillor positions on multiple planets, ascending to leadership positions in Alien Worlds is no alien feat. Multiple elected Councillors for a given planet will have joint multi-sig control over that planet’s DAO account.
Alien Worlds stands out from the crowd in several ways, not the least of which is that it can be played without spending any money.
Alien Worlds’ rapid ascent in popularity has made it the second-fastest expanding NFT game. Based on the number of users in the last 24 hours, DappRadar ranks it as the second most popular DApp overall and the most popular DApp game.
The Alien Worlds team may have played a role in this growth by fostering a supportive community through their work on the famous crypto community messaging network Discord, which is available in 18 different languages.
Axie Infinity’s meteoric rise can be traced in part to the team’s attempts to localize the game for players in the Philippines, Indonesia, and India, all of which have a large P2E gaming community. Among our other community activities, we regularly host AMAs, sponsor drops and promotions, support growth efforts, and onboard well-known intellectual properties.
MyNeighborAlice
Built on Chromia, the top play to earn tokens by market capitalization 2022 My Neighbor Alice features a farming theme. Players are promised the opportunity to “purchase and own virtual islands, gather and develop intriguing stuff, and make new friends” within the context of the game. There is an in-game representation of each player called a “avatar,” and they can be customized in any way the player likes. Alice, the game’s protagonist, sells virtual real estate to players, or they can purchase it in-game. All acquired property is shown in the form of NFTs.
The diversified gaming community within the traditional gaming market is the focus of My Neighbor Alice, a game to introduce blockchain to millions of players. Even though it is built on the blockchain and includes DeFi components, playing the game does not necessitate familiarity with blockchain technology or cryptocurrencies. Multiple well-known works serve as influence for My Neighbor, Alice. In-game activities and social features, for instance, are influenced by Animal Crossing, while Minecraft is looked to for building mechanisms. Pettson and Findus, a Swedish children’s book, served as inspiration for the illustrations.
Who Are the Founders of My Neighbor Alice?
Antler Interactive, a mobile game development studio based in Sweden, is responsible for creating My Neighbor Alice. Antler Interactive was formerly known as VR pioneer SVRVIVE Studios, responsible for games like SVRVIVE: The Deus Helix, Kartong – Death by Cardboard, Krystal Kart AR, Krystopia: A Puzzle Journey, Krystopia, and Nova’s Journey. In 2019, ChromaWay, the creators of the Chromia blockchain, purchased Antler Interactive.
Two rounds of funding totaling $2.1 million have been secured so far for the game from VC firms like Coin98 Ventures and Kyros Ventures, as well as an IDO round on DAO Maker that brought in $100,000.
What Makes My Neighbor Alice Unique?
To stand out, My Neighbor Alice takes two approaches. For starters, it stands out from the crowd because of its innovative design, which uses the fictional character Alice as an approachable “in-game companion” for users unfamiliar with traditional blockchain gaming mechanics.
Furthermore, players are not obligated to engage with the game’s blockchain technology, but those who are interested can do so by experimenting with the game’s classic DeFi features.
Illuvium
Illuvium, a top play to earn tokens by market capitalization 2022 is a decentralized, fantasy-themed battleground powered by the Ethereum blockchain.
Illuvium, sometimes called the first AAA game on Ethereum, aims to amuse both casual players and die-hard aficionados of the DeFi genre with various collecting and trading options.
Illuvials are creatures native to the world of Illuvium. They can be captured by players who prove victorious in battle and cared for to restore their health. From that point on, they’re a dedicated component of the player’s collection and can be utilized in auto battles against other adventurers in Illuvium.
The gameplay of this top play to earn tokens by market capitalization 2022 combines elements from both open-world explorers and player-versus-player combat games. The vast gaming world is open for players to explore, or they can focus on assembling a team of formidable monsters.
Illuvium has been in the works since 2020 and is now being developed by a global team of over 40 people, including the co-founders, brothers Kieran Warwick (a serial entrepreneur and early user of bitcoin) and Aaron Warwick (an experienced game designer). (Who are also the brothers of Kain Warwick, the other co-founder of the DeFi platform Synthetix).
In the context of the Illuvium ecosystem, the ILV token can be used in various ways. This token allows you to participate in the game’s governance through the Illuvium decentralized autonomous organization, get rewards for your in-game accomplishments, and claim your piece of the Illuvium Vault (DAO).
How Does Illuvium Work?
Even though Illuvium uses blockchain technology, it plays more like a traditional video game. It may be accessible via a desktop program and features several related DeFi applications, such as a yield farm and a decentralized exchange, that can be downloaded separately.
Illuvium is a massively multiplayer online role-playing game in which players explore a vast open world, complete missions, take on daily challenges, and fight Illuvials and other players. Along the way, they pick up Illuvials, which might vary in terms of how rare they are, how useful they are, and how desirable they are. Among these are:
Classes
- Feeling, Fighting, Protecting, Roaming, and Psychic.
Affinities
- The elements of the air, earth, fire, and nature, plus water.
While an Illuvial’s class and affinity are the most influential factors in determining its fighting prowess, several other factors, including as attack damage, attack speed, and ferocity, all contribute to its overall profile. The Illuvial’s power increases with each victory, it may be augmented with in-game items, and it can be upgraded into a unique “ascended” form that combines the effects of two affinities.
Non-fungible tokens (NFTs) representing individual Illuvials are freely tradeable on the gas-free IlluviDEX and other exchanges (more on later). They exist in regular, holographic, and dark holographic varieties, the latter of which is scarce but allows for creating more potent fusions.
Purchases of in-game currency, crafting materials, cosmetics, and cured shards are among the game’s many potential sources of income. Through an ILV buyback system, all of this profit is redistributed as incentives to the people staking ILV tokens.
What Makes Illuvium Unique?
Unlike most blockchain-based games, Illuvium’s entire world is rendered in full 3D, and the game’s over 100 different Illuvials are spread over the world in diverse locations. World-class artists work on each Illuvial’s design to make sure it catches the eye of gamers used to AAA titles.
It also has various features that set it apart from other blockchain-enabled games and AAA titles. Among these are:
Although Ethereum provides layer-1 security for Illuvium, the platform itself is built on Immutable X (IMX), a layer-2 solution meant to facilitate the scalability of apps that feature NFT capability. Using Immutable X’s features, Illuvium guarantees that its users can mint and trade NFTs with no gas fees and nearly instant transaction finality. Players never lose control of their assets while using IMX.
The IlluviDEX
The IlluviDEX is the decentralized exchange (DEX) platform embedded in Illuvium. This can be used to securely trade NFTs backed by Illuvium without needing a trusted third party. An administrative fee of 5% is taken out of each transaction and put into the ILV stakes incentive fund.
Yield Farming
The Illuvium yield farming program is allotted 3,000,000 ILV or 30% of the total possible supply (10,000,000). Over three years, those who provide liquidity will receive these via partner incentive programs.
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