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Is Cryptocurrency Technically Similar to Actual Currencies?

Play-to-Earn, as the name implies, is a space whereby users play games to earn cryptocurrency. This is ultimately integrating the gaming industry into the blockchain space. Play To Earn Tokens has a total market capitalization of $4,037,231,084 with one top name like The Sandbox, Decentraland, and Axie Infinity and a growing total trading volume of $702,826,402.

Note: This List is sorted by their market capitalization from lowest to highest

XCarnival (XCV)

  • Price Unit: $0.006758
  • Market Cap: $1,197,181
  • Distinct Features: This will offer P2P and Pool2C mortgage and financing services for NFT assets. Additionally, it will provide leasing, sales, and solutions for the valuation of long-tail assets from the Metaverse.

A financing aggregator for Metaverse assets, XCarnival provides cutting-edge liquidation solutions for various NFTs and long-tail crypto assets. XCarnival has won the BSC Hackathon Championships for Southeast Asia as a pioneer of NFT financing provider.

Additionally, it’s one of the pioneering initiatives in encouraging users to use NFT-lending modes with mining rewards.

In addition to developing the NFT and Metaverse industrial ecosystem, Xcarnival seeks to build a financial infrastructure for Metaverse that is devoted to providing liquidity options for Metaverse assets.

Exchange: XCV is currently trading live on MEXC, KuCoin, Gate.io, PancakeSwap (V2), and LATOKEN

Binemon (BIN)

  • Price Unit: $0.002293
  • Market Cap: $1,807,605
  • Distinct Features: The in-game resource Ambrosia (AMB), which enhances and boosts players’ mons, may also be collected by exploring the limitless open-world environment.

With features of an idle RPG game, Binemon is a virtual pet non-fungible token (NFT) game on the Binance Smart Chain. Additionally, users can connect to fight in player against the environment (PvE) and player-against-player (PvP) modes and earn bitcoin prizes.

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Players can level up their Mons in the game’s PvE campaign, and there are plans for additional missions and monsters in the future.

The game is set on Earth, where “Mons”—are creatures inhabiting the space. Players can gather and employ these Mons, which are NFTs, to engage in combat with other players’ Mons.

Exchange: BIN is currently trading live on MEXC, XT.COM, Gate.io, LATOKEN, and Hotbit.

MetaSoccer (MSU)

  • Price Unit: $0.02872
  • Market Cap: $3,339,378
  • Distinct Features: MetaSoccer is part of the video games that allow players to gain cryptocurrency in exchange for their contributions to the ecosystem.

The first soccer Metaverse, MetaSoccer, allows you to run your team, recruit and develop new players, host games in your own NFT stadium, and make money while playing.

This simply means a complete soccer universe emerged onto the blockchain. This is the beginning of a decentralized new paradigm in the sports ecosystem, one in which you can take an active part in a variety of ways.

The multibillion-dollar, globally influential markets for video games, soccer, and sports betting are combined in this universe through blockchain and NFT technologies.

Exchange: MSU is currently trading live on Gate.io and Hotbit.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Image Source: velivinki/123RF // Image Effects by Colorcinch