Following the trend of cryptogaming, many new projects have emerged trying to capitalize on the success of Axie Infinity. Facebook has changed its name to ‘Meta’, developing countries started relying on cryptogames to pay rent, and the world seems to be going a bit mad. Here’s 4 projects with a lot of potential in this rapidly-growing space.
#1 Merit Circle
Illuvium is not-so-modestly toted as being the first crypto gaming platform developed by a team of all-star AAA gaming giants.
Yep, after the success of Axie, they're already sending in 'the big guns'. The founders are Kieran Warwick and Aaron Warwick, younger brothers of Kane Warwick, founder of the platform Synthetix. In addition, Nate Wells is a lead game producer on The Last of Us and Rise of the Tomb Raider.
What differentiates this from other crypto gaming titles is the fact that Illuvium aims to become a platform that hosts multiple games(The same way Blizzard owns the World of Warcraft franchise).
The flagship title confusingly bears the same title. Players who own ILV tokens have voting rights on the DAO. They vote on what is humorously known as the 'Illuvinati council' that makes decisions for the games.
In terms of gameplay, Illuvium is kind of trying to be like Pokemon but AAA. It's described as an 'autobattler' and to be honest, most people just really like the graphics.
#2 Aavegotchi
You remember Tamagotchi from school right? Well, add in defi and NFT technology and you've got yourself a new crypto game. Aavegotchi's can be used in mini-games and they have their own staking system on the website.
Let's suppose you wanted to earn LINK tokens. You could deposit your LINK into aave.com to earn a yield to receive aLink tokens which you can then stake inside of your own.
Okay, that's confusing...who knew something so cute could be hiding such complex financial mechanics.
The user-base has been growing gradually, and the community is a LITTLE BIT too passionate about this token. I feel like with the zaniness of the community and cute whitepaper, this could end up being a project to watch.
#3 UFO Gaming
UFO Gaming aims to build what they call a 'dark metaverse' which serves as a virtual universe built with a closed-loop economy. As games get added to the economy, the value of the token and ecoystem increases exponentially.
All games funnel through UFO's Mothership Gaming Launchpad. Currently, there is only one playable game called Super Galactic, with plans to release more.
Sounds kind of weird to me, like some kind of black-hole ecosystem you get stuck in?
#4 Aavegotchi
You remember Tamagotchi from school right? Well, add in defi and NFT technology and you've got yourself a new crypto game. Aavegotchi's can be used in mini-games and they have their own staking system on the website.
Let's suppose you wanted to earn LINK tokens. You could deposit your LINK into aave.com to earn a yield to receive aLink tokens which you can then stake inside of your own.
Okay, that's confusing...who knew something so cute could be hiding such complex financial mechanics.
The user-base has been growing gradually, and the community is a LITTLE BIT too passionate about this token. I feel like with the zaniness of the community and cute whitepaper, this could end up being a project to watch.
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