The possibilities offered by these platforms and metaverse are virtually endless – people can not only play games but even explore on their own, create their story arcs, buy real estate, gather collectibles, fight monsters, and whatnot!<\/span><\/p>\n However, to do any of these, you will require digital currencies, which you use to transact and purchase a digital collectible or enjoy a sublime experience. Thus, the divine union of the gaming industry and blockchain network happened, and it gave rise to gaming cryptocurrencies – coins and tokens, that have become the game-changers in the present crypto space.\u00a0<\/span><\/p>\n CryptoKitties was probably the first-ever crypto game in existence. However, the gaming industry has advanced leaps and bounds since its innovation and application, and presently, it is leveraging blockchain technology to create unique experiences.\u00a0<\/span><\/p>\n Decentralized finance has become one of the most talked-about subjects in the entire crypto space, and its amalgamation with state-of-the-art video games has resulted in something called \u2018GameFi.\u2019 <\/span><\/p>\n In this particular space, people can take part in virtual gaming metaverses, play to earn digital collectibles, and become the verified owners and collectors of multiple digital elements that are sprawling in those gaming metaverses.\u00a0<\/span><\/p>\n Since you will need in-game currencies to perform any or all of the above actions in the gaming metaverses, what better form to have them other than cryptocurrencies? Yes, cryptocurrencies can be attributed as the fuel that facilitates these gaming metaverses\u2019 design, development, and operations like a well-oiled machine. <\/span><\/p>\n Both cryptocurrencies and gaming metaverses are still evolving, and hence, there is a lot of prospect in terms of future applications.\u00a0<\/span><\/p>\n Gaming coins and tokens already became highly talked about buzzwords in 2021, with blockchain gaming companies raising more than US$ 476 million in the first half of the year itself.\u00a0<\/span><\/p>\n So without much ado, let\u2019s check out some of the most exciting gaming cryptocurrency projects in 2023 that you can include in your portfolio to earn solid gains.\u00a0<\/span><\/p>\n If you consider investing in gaming projects and their native cryptocurrencies, check out the following to get a headstart.\u00a0<\/span><\/p>\n Decentraland is an excellent crypto gaming project to watch in 2023. The virtual reality platform lets players purchase sites called LAND and utilize them however they want. It has been built by leveraging the Ethereum blockchain network.\u00a0<\/span><\/p>\n In the Decentraland crypto gaming project, people can buy plots to farm, construct structures, play games, implement digital tourism or create art. The players even have the utmost freedom to choose dedicated sections of the platform, called Districts, developed around a particular theme, like SteamPunk or CyberPunk.<\/span><\/p>\n The native token for Decentraland is MANA, used for transactions in this platform, including purchasing LAND.\u00a0<\/span><\/p>\n Also read: Does Elon Musk Own NFTs ? See Elon Musk\u2019s NFT Tweets 2023<\/a><\/p>\n Pros:<\/b><\/p>\n Cons:<\/b><\/p>\n Visit Decentraland Official Website Here<\/a><\/p>\n The Sandbox is a popular decentralized platform that offers players the flexibility to create their 3D game worlds and digital assets and build atop their imagination. The crypto gaming platform leverages multiple visual scripting tools for the same purpose and allows users to store their assets and collectibles on LAND – the virtual real estate of the platform.\u00a0<\/span><\/p>\n The Sandbox has partnered with a gaming firm named Atari to create virtual theme parks by utilizing LAND, limited in number. Only 166,464 LAND plots exist, yet every day, thousands of gaming worlds are created on the Sandbox, and hence the plot values often get as inflated as US$ 50,000!\u00a0\u00a0<\/span><\/p>\n However, US$ does not power the in-game transactions. People can buy LAND and other digital elements using SAND -the native token of the Sandbox.<\/span><\/p>\n Pros:<\/b><\/p>\n Cons:<\/b><\/p>\n Buy Sandbox NFT & Tokens Here<\/a><\/p>\n Axie Infinity is one of the most popular and biggest cryptocurrency games. It offers its players to purchase, collect, battle, and trade creatures known as Axies, which are Non-Fungible Tokens (NFTs), and you need to possess at least three to start competing. In a way, this game is quite similar to the fabled Pokemon Go, which offers players a unique gaming experience in real time.\u00a0<\/span><\/p>\n Axie Infinity is also one of the earliest P2E gaming platforms, where players play to earn\u2019 AXS gaming tokens. Some players even report earning AXS gaming tokens worth thousands of US$ every day, causing the stock prices of this specific game to zoom from US$ 0.54 at the start of 2021 to nearly US$ 80 currently, as of January 8, 2022.\u00a0<\/span><\/p>\n Pros:<\/b><\/p>\n Cons:<\/b><\/p>\n Visit Axie Infinity Official Website Here<\/a><\/p>\n Enjin Coin is another unique gaming cryptocurrency gaming platform that offers developers software development kits to create in-game collectibles, currencies, and other digital assets linked with multiple gaming platforms.<\/span><\/p>\n While creating digital assets for blockchain games using Enjin Coins, the developers must lock in these coins using a \u2018<\/span>Smart Contract<\/span><\/a>\u2019 that ensures real-world value for the gaming cryptocurrency. They also need to use the Enjin Wallet to store their Enjin Coins and associated inventory to develop games connected to the Enjin platform.\u00a0<\/span><\/p>\n Pros:<\/b><\/p>\n Cons:<\/b><\/p>\n Visit Enjin Official Website Here<\/a><\/p>\n $DERC is the native token powering breeding and entry fees for DeRace – one of the most innovative play-to-earn metaverses. This NFT horse racing metaverse is an out-of-the-box concept where you can breed NFT horses with distinct characteristics and participate in horse races. <\/span><\/p>\n DeRace features a robust community across multiple social media channels and also helps you construct your hippodrome as a way to earn more $DERC apart from owning racehorses.<\/span><\/p>\n Pros:<\/b><\/p>\n Cons:<\/b><\/p>\n Apart from these, there are other exciting gaming projects and protocols like Theta Network, Illuvium, and Chromia that are creating a lot of promise and hype. Most of them extend their functionalities beyond the gaming metaverse and enhance cryptocurrency transactions, making them a viable option for DeFi projects as well.\u00a0<\/span><\/p>\n Visit DeRace Website Here<\/a><\/p>\nGaming Cryptocurrencies – What Is All The Buzz About?<\/b><\/h2>\n
![\"Gaming](\"https:\/\/myonlinesecurity.co.uk\/wp-content\/uploads\/2022\/11\/Gaming-Coins-To-Invest-In-2022.png\")
<\/p>\n5 Best Gaming Cryptocurrencies To Look Out For In 2023<\/b><\/h2>\n
MANA For Decentraland: Best Gaming Coin To Invest For Long Term Growth.\u00a0<\/b><\/h3>\n
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SAND For The Sandbox: High Potential Crypto Gaming Token Project of 2023\u00a0<\/b><\/h3>\n
![\"Sandbox](\"https:\/\/myonlinesecurity.co.uk\/wp-content\/uploads\/2022\/11\/Sandbox-Crypto-Gaming-Token.png\")
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AXS For Axie Infinity: Hot Project\u00a0 In Crypto Gaming Space<\/b><\/h3>\n
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Enjin Coin: Crypto Gaming Platform\u00a0<\/b><\/h3>\n
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$DERC For DeRace: Best Crypto Gaming & Betting Token.\u00a0<\/b><\/h3>\n
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