Crypto Gaming in a Recession: 5 Play-to-Earn Startups

With thousands of blockchain games recently launched, it can be challenging to determine which ones are worth your time and investment.

To assist in this endeavor, we conducted a comprehensive evaluation of various factors such as liquidity, active user growth rates, and the balance of assets locked in game smart contracts. After a thorough review of thousands of games, we have carefully selected five NFT games that we believe are worthy of your consideration.

Cheelee

Cheelee is a GameFi short video platform with innovative attitude to user’s attention. This project will definitely appeal to social media addicts. In Cheelee users are paid for watching their favorite videos.

In Cheelee, users can earn, rest, socialize and get an opportunity to become popular. Earning on content is now not just bloggers and shareholders prerogative – now every Cheelee’s user may earn, scrolling their feed. Yes, attention is a valuable asset!

After registration users receive a free NFT glasses that are required to earn tokens inside the app. Glasses can be upgraded or left just as it is. Cheele has a zero-fee entry barrier, thus granting earning opportunities to everyone with no initial investments.

Unlike other play-to-earn NFT-games with focus on gamers and crypto enthusiasts, Cheelee is focused on a broader audience of 4.6 billion social network users – it’s almost half of the planet! These figures bring real mass adoption.

It’s a direct consequence of the market project’s value, its potential and rapidly growing interest among social media users all over the world.

Considering WEB3’s fast development you may just imagine the number of people who will be interested in the project soon enough. Cheelee’s token CHEEL is also just listed on Bitmart – now it is a great opportunity to buy it with a relatively low price!

Cheelee is backed by institutional investors. In 2022, Cheelee already attracted $22.45M, including $8M in equity investments from VC Sila and Veligera and $11M from the company’s founders.

Outer Ring MMO

Outer Ring MMO is a crazy cool mix of fantasy and sci-fi in an MMORPG world. Everything in the game, from skins to ships, is verified through NFT technology so you can actually own it, buy and sell just like any staff in your garage.

The game takes place in a universe inspired by the «Outer Ring Saga» novel, where five species fight for control of planets and resources.

There’s no set storyline, so you get to do whatever you want in the world. You can battle other players or in-game characters, and there are tons of NFT assets to collect. Each weapon has a different tier that gives you bonuses, and you can even get them from loot boxes ranging from 15 to 1500 $BUSD.

And if you’re feeling fancy, there’re virtual land pieces on sale. The game is also compatible with virtual reality glasses.

BurgerCities

BurgerCities is a gaming metaverse with various built-in features, including farming and a decentralized exchange. Users can play inside the metaverse or communicate with each other, complete tasks, and receive rewards.

The received coins can be exchanged on the DEX or invested in the central bank of the virtual city for additional yields. BurgerCities has a very strong DeFi component. Here you can become a liquidity provider or a staker.

All in-game items are given as NFTs and can also be traded. Land and buildings are also part of the gameplay, users can build and develop their own cities, and rent out premises.

By the name of the game, you can understand that the game plots of the metaverse revolve around the production and sale of burgers in a cafe. As such, there is no single game in the metaverse: there is a set of game scenarios, the user can choose the one that he likes best.

Planet IX

Planet IX is a play-to-earn strategy game based on Polygon blockchain. It is about restoring a broken planet back to its former environmental glory.

Players are supposed to bring back the green and blue beauty of Planet IX, acquiring pieces of land known as PIX, collecting waste, and upgrading their PIX with facilities that help bring the planet back to life. It’s like being a space janitor and a planetary gardener all rolled into one.

The game space is inhabited by in-game corporations with their own tokens. Players can join clans, extract resources from owned virtual lands, not forgetting about the restoration of devastated soils, sell and acquire artifacts.

All game items are presented as NFTs on the Polygon blockchain. The main goal of the game is to teach users a conscious and thrifty attitude towards the environment.

In addition, users can increase the profitability of the game by staking or acting as a liquidity provider. Engagement is rewarded with regular payouts to all stakers.

The project actively cooperates with green non-profit organizations from the real world, including on landscaping the territories, and regularly reports on the planting of thousands of tree seedlings.

Midas Miner

This is a classic play-to-earn blockchain game with a simple plot, but it has gathered hundreds of thousands of active users around the world. It is a perfect time killer if you don’t want to delve into complex plot intricacies.

Users develop gold deposits, earn tokens and game items in the form of NFTs, upgrade characters, buy and sell in-game attributes. The game generously enough gives players rewards for completing simple tasks.

In conclusion, the blockchain gaming market is constantly evolving and new business models are emerging all the time. It’s exciting to see so many creative ideas taking shape.

Some of them may have potential to disrupt traditional industries and create new ones. Who knows what game from the above mentioned list will be the next big thing.

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