The adoption of blockchain technology continues across a range of different industries and use cases, and many industry experts have called out gaming as a market that is ripe for the disruption that Web3 technology can provide.
With play-to-earn (P2E) gaming providing gamers with the ability to earn an income while they partake in their favorite hobby, many experts are predicting that some of the biggest returns for 2023 investors are likely to come from the top P2E projects.
With that in mind, here are some of the projects tipped to be the next big thing in the P2E space:
- Meta Masters Guild
- Axie Infinity
- Illuvium
What is Meta Masters Guild?
Meta Masters Guild is the world’s first mobile-focused gaming guild and has positioned itself at the center of the GameFi movement, which is set to grow dramatically over the coming years.
Benefiting from the security and uptime of the Ethereum blockchain, the project brings gamers together by focusing on high-quality gameplay and building a strong and supportive community, allowing the project to target a huge amount of users as it grows in 2023 and beyond.
The much-lauded whitepaper outlines the ambitions and considered plans being worked on by the Meta Masters Guild team. With the project’s first game — Meta Kart Racers — already in development, the project is wasting no time in establishing itself as a leader in the space.
Why buy MEMAG?
The MEMAG token plays a critical role in the project, serving as the currency across the entire Meta Masters Guild ecosystem. With even more games lined up for development, the MEMAG token utility means that as the seemingly inevitable user growth kicks in across the ecosystem, a huge amount of buying pressure could drive the price of MEMAG sky-high.
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What is Axie Infinity?
Axie Infinity is the best-known P2E game out there right now, with the project allowing its users to own, battle, and breed digital pets known as Axies, as well as purchase land parcels and engage with the community in the land of Lunacia.
Axies are represented by NFTs and can also be traded on the Axie Infinity marketplace. The marketplace supports the game’s economy, with users able to work their plots of land and enhance them with items that are available on the marketplace.
Why buy AXS?
The AXS token is the primary token in the Axie Infinity ecosystem and is used to reward users for their participation.
The token is also used heavily across the Axie Infinity marketplace. Should the creator Sky Mavis be able to drive more user growth to the platform and prevent a plateau in active users, the price of AXS could increase strongly, despite a relatively high market cap versus projects in an earlier stage of development.
What is Illuvium?
Illuvium has set out with the ambition to be the first AAA-quality blockchain gaming metaverse, combining high-quality graphics with a rich plotline for its users in its sci-fi universe.
Like many of the Web3 gaming projects out there, it offers users the ability to own their in-game assets through the use of non-fungible tokens (NFTs) and has plans to add further gaming experiences to the project over time. The project has focused more recently on collectible card games powered by NFTs, with Illuvium:Beyond allowing users to not only own their cards but also trade them on the secondary market.
Why buy ILV?
While the price of ILV is down significantly from the all-time highs seen during the 2021 bull run if the project is able to rebuild its momentum it could see significant price rises over time. This is especially true if new endeavors such as the Illuvium:Beyond project are able to drive demand for the NFTs issued by the project.
Meta Masters Guild – The best play-to-earn crypto game on the market in 2023
Meta Masters Guild looks set to play a starring role in the huge surge in adoption that many see happening to GameFi over the coming years. Coupled with the incredible token prices right now, it makes it a clear favorite for savvy investors looking for the biggest gains.
