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Pros and Cons of the Top Crypto Gaming Tokens In 2023

BLOGGA3ULL, 29 September 2023

what are crypto gaming tokens?

The gaming world has been levelling up in incredible ways, and in 2023, the fusion of gaming and cryptocurrencies took centre stage. 

 

The impact of crypto gaming and their respective tokens has grown significantly, with several emerging cryptocurrencies vying for dominance in this dynamic and ever-evolving landscape. 

 

Thanks to blockchain technology, gaming tokens now offer true ownership, unique features, and the potential for serious profits.

 

In this article, we will explore the advantages and disadvantages of gaming tokens and identify the leading gaming cryptocurrencies that have captured the attention of gamers.

 

Let’s begin!

 

What are Crypto Gaming Tokens?

 

Crypto gaming tokens allow players to earn unique digital assets on the blockchain. Unlike traditional games, these tokens offer true ownership and versatility. As decentralized assets, they foster a fair and transparent gaming environment, enabling direct interactions among players without intermediaries. It's a revolutionary concept redefining how we value and trade in-game achievements.

 

The more you play, the more you earn, so don't miss out on this chance to level up your gaming and your crypto portfolio simultaneously. Open the PLAYA3ULL App to start earning crypto while having a blast.

 

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What is Blockchain Gaming?

 

Blockchain gaming combines blockchain technology with video games. In regular video games, everything is controlled by a central authority like the game developer or gaming platform. But in blockchain gaming, things change! The technology moves to a decentralized system called the blockchain, which is open and transparent for everyone. This shift allows players to have more control and ownership over their in-game items and transactions. 

 

Embark on an immersive gaming experience that not only offers you endless fun but also rewards you with valuable cryptocurrencies as you progress. Open the PLAYA3ULL App to earn valuable cryptocurrencies as you play your favorite games.

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Top Advantage of NFT Gaming Tokens

 

Here are the top benefits of token gaming:

 

True Ownership

One of the most incredible things about NFT gaming tokens is that they grant you true ownership of in-game items - they're securely yours on the blockchain. Imagine having rare and unique virtual assets to keep and trade as you like.

 

Scarcity and Rarity

NFTs introduce scarcity and rarity to the gaming experience. Certain items or characters can become limited editions, making them highly sought after by collectors and fellow gamers. Being one of the few to possess such a rare item adds a new level of pride and exclusivity.

 

Interoperability

NFT gaming tokens can be used across multiple games and platforms that support them. This means your hard-earned virtual sword or pet can transcend boundaries, travelling with you from one game to another. It's like carrying a piece of your gaming legacy wherever you go!

 

Player-driven economy

With NFTs, players can participate in a player-driven economy. You can freely buy, sell, and trade items with other players, setting your prices based on demand and rarity. This decentralized marketplace gives you more control over your gaming experience.

 

Transparency and Security

Blockchain technology ensures transparency in the ownership and transaction history of NFTs. You can trust that your prized possessions are secure and verifiable, protected from hacks or fraudulent activities that could ruin the fun.

 

Supporting game developers

NFTs enable direct support to game developers. When you buy in-game items as NFTs, developers can earn a share of the proceeds directly, encouraging them to create more engaging and immersive gaming experiences.

 

Inclusivity and a diverse gaming ecosystem

NFT gaming tokens open up possibilities for smaller indie game developers to thrive. They can create and sell unique NFTs, fostering a diverse and inclusive gaming ecosystem with fresh and innovative ideas.

 

Play-to-earn opportunities

Some blockchain games offer play-to-earn opportunities, allowing players to earn valuable NFTs simply by playing the game well. It's like turning your hobby into a rewarding venture.

 

Community engagement

NFTs promote a vibrant community around gaming. Whether it's joining forces to defeat a powerful enemy or collaborating in the marketplace, NFTs bring players together, forging strong social bonds.

 

Memorable gaming experience

Ultimately, NFT gaming tokens enhance the overall gaming experience. From the thrill of owning exclusive items to the joy of discovering hidden treasures, NFTs add depth and excitement, making gaming even more unforgettable.

 

Risk of Gaming Tokens

While gaming tokens offer numerous advantages, they are not without their drawbacks. Here are some of the cons associated with gaming tokens: 

 

Technical Barriers

Using gaming tokens often requires an understanding of blockchain technology and how to manage digital wallets. For some gamers, especially those unfamiliar with cryptocurrencies, these technical aspects can be challenging to navigate. 

 

Scams and Fraud

The popularity of gaming tokens has attracted some bad actors who create fake or fraudulent tokens to deceive players and investors. Scams and phishing attempts can lead to financial losses and undermine trust in the gaming token space. 

 

Lack of Regulation

As a relatively new and evolving space, the gaming token market is not as regulated as traditional financial markets. This lack of oversight can expose participants to potential risks, such as market manipulation and fraud. 

 

Network Scalability and Costs

Depending on the underlying blockchain network, gaming tokens may face scalability issues, especially during periods of high demand. Additionally, transaction fees (gas fees) on certain blockchain networks can be high during busy times, making small transactions less feasible. 

 

Environmental Concerns

Many gaming tokens are built on blockchain networks that use a proof-of-work (PoW) consensus mechanism, which requires significant computational power and energy consumption. This has raised concerns about the environmental impact of blockchain gaming. 

 

Gameplay Imbalance

In some play-to-earn gaming models, players who can invest more time or money may gain an unfair advantage over others, creating gameplay imbalances that could detract from the overall gaming experience. 

 

Dependency on Project Success

The value and utility of gaming tokens often rely heavily on the success and adoption of the underlying gaming project. If a game fails to gain traction or maintain a player base, the value of its associated tokens may suffer. 

 

Limited Integration

While blockchain gaming is growing, not all mainstream gaming platforms have integrated gaming tokens and NFTs, limiting their accessibility and impact on a broader gaming audience.

 

How Can You Earn Money With NFT Games?

 

Here is how you can earn money by playing token games:

 

Play-to-Earn Rewards

Many NFT games have a play-to-earn model, where players can earn valuable in-game assets, items, or currency by actively participating in the game. Completing quests and challenges or achieving certain milestones within the game can reward you with NFTs that have real-world value.

 

 

Start earning crypto rewards through our thrilling play-to-earn games. Join PLAYA3ULL GAMES to elevate your gaming sessions to a whole new level by joining our vibrant community of crypto gamers.

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Trading NFTs

You can sell or trade NFTs on various NFT marketplaces as you accumulate NFTs within the game. Some in-game assets may appreciate in value over time due to their rarity or demand, allowing you to make a profit when you decide to sell them.

Best Gaming Tokens in 2023

 

3ULL Coin (3ULL)

 

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3ULL Coin is built on Avalanche Subnet technology, and is the core asset of the new PLAYA3ULL GAMES Marketplace. There will only ever be 50 billion 3ULL Coins. Coins are distributed daily through the PLAYA3ULL Games Master Nodes.

 

Enjin Coin (ENJ)

 

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Enjin Coin is designed for the gaming industry and enables the creation of NFTs representing in-game assets, items, and collectibles. It aims to foster true ownership and interoperability across various games.

 

Decentraland (MANA)

 

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Decentraland is a virtual reality platform where users can buy, sell, and build on virtual land parcels. MANA is the native cryptocurrency used for transactions and governance within the Decentraland ecosystem.

 

Axie Infinity (AXS)

 

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Axie Infinity is a blockchain-based game where players collect, breed, and battle fantasy creatures known as Axies. AXS is the governance and utility token of the platform.

 

The Sandbox (SAND)

 

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The Sandbox is a virtual world platform that allows users to create, own, and monetize gaming experiences and assets. SAND is the native utility token used for transactions and governance.

 

Immutable X (IMX)

 

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Immutable X is a layer-2 scaling solution for Ethereum, specifically designed for NFTs and gaming. It aims to provide fast and gas-free transactions for gaming assets.

 

Render (RNDR)

 

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Render (RNDR) is a gaming token with a unique purpose within the gaming industry. Instead of focusing on play-to-earn mechanics like some gaming tokens, RNDR aims to revolutionize the rendering of high-quality graphics and videos. Gamers and content creators can rent their idle GPU computing power to the Render network, earning RNDR tokens in return.

 

Gala (GALA)

 

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Gala is a gaming token specifically crafted to establish a decentralized gaming ecosystem enriched with play-to-earn features. Within the Gala platform, players have the opportunity to accumulate GALA tokens through various activities such as engaging in games, contributing to the ecosystem's growth, or staking GALA to receive rewards. These earned tokens can subsequently be employed for in-game transactions or freely traded on various cryptocurrency exchanges.

 

Open the PLAYA3ULL crypto gaming app today to gain access to a wide range of games that promise not only entertainment but also tangible financial benefits.

 

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Conclusion

 

To participate in this exciting world of crypto gaming tokens, individuals should stay informed, exercise caution, and conduct research before investing time and resources. While the potential for growth and financial gains exists, it's important to approach the gaming token market with a balanced understanding of both its advantages and risks. Happy NFT gaming!

 

Want to experience the thrill of the Web3 game called NEXUS with others?  The third-person MOBA is free to play now on the Epic Games Store.  Download it here.

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A promotional graphic titled "How NFT Games Finally Give Back to Gamers" features an illuminated treasure chest surrounded by golden coins, emphasising the concept of rewards in NFT gaming.

TAKE3, 14 February 2025

How NFT Games finally give back to gamers

Gamers, you deserve better.  For too long, your time in-game and your assets weren’t being rewarded.  With the introduction of blockchain/Web3 and NFT (Non-fungible tokens), a new level of ownership has been unlocked.  A new way to earn by playing a game and a new way to have power in fostering a gaming community.

Let’s dissect exactly how NFT games give back to gamers.

 

Real rewards for your gaming hours

 

Imagine this: you’re playing a highly addictive game for multiple hours daily.  It’s fun and challenging, plus your friends are playing it.  But when you tally up those hours over weeks or years, what do you have to show for it? Most of the time, those countless hours and dollars are spent with little to no tangible benefit in return.  Read this cautionary gaming story for proof.  NFT games empower users to be rewarded for their time.


These NFT games include the benefit of buying, selling, or trading the NFTs in an open marketplace where the reward can be a cryptocurrency.  With that cryptocurrency, you can sell it for real money, spend it within the ecosystem, or trade it for another currency.  Another way to earn crypto is to play the game itself.  Instead of a locked in-game currency like Fortnite’s ‘Vbucks’, you can earn a tradeable cryptocurrency like 3ULL coin by playing NEXUS.  Those countless gaming hours are no longer spent in vain because they now provide a source of income. This appeals to many gamers who wish their time could be more productive, offering a sense of purpose and reducing frustration in grind-heavy games.

 

Actual ownership that matters

 

For many decades, big video game companies like Blizzard had a stranglehold on player’s ownership.  They could ban you for various reasons, and that ban meant your in-game assets would now be frozen indefinitely.  Sometimes, this resulted in lost time; other times, it meant losing the money spent purchasing those digital items. Losing years of progress due to a ban or a game shutting down can be incredibly disheartening. Having the option to transfer your characters, skins, items, or assets outside the game is essential.  That’s where NFT solves that issue.  If unforeseen circumstances force a player to abandon a video game voluntarily, those in-game assets can be traded, so it’s not a complete loss for the player. 


A new way of ownership outside NFTs is owning a game/company node. PLAYA3ULL GAMES has decided to distribute nodes so users can claim daily 3ULL coins and help run the network.  This becomes another option for gamers who want to be in an ecosystem but may not have many hours to play.  The nodes can be fractional, so you can pool with other users and share a node.  This allows players to retain value even after they stop playing or take a break.

 

Building a community-driven experience for players

 

One of the most unique opportunities new blockchain games offer players is a verified way of deciding the direction of games. A DAO is a Decentralised Autonomous Organisation in which only holders of a specific token can vote.  But how do they verify holders?  Using the blockchain and a digital wallet, the DAO scans the wallet for the specific NFT or token.  This also ensures the decision-makers are invested in the game and have its best interests at heart.  DAOs can be responsible for how a game’s treasury is distributed, which proposals get accepted or rejected, and even earning a tax on specific actions in-game.  As a result, decisions are no longer solely made by the CEOs; the community also gets their say.  Splinterlands is a trading card game that has a strong community focus, where token holders play an active role in shaping future content and making adjustments through community proposals.

 

This transparency in governance also encourages more collaboration between developers and gamers.  In NFT gaming, players also become investors, aligning their interests with the game’s success. This helps ensure that decisions support the game's longevity rather than selfish actions, such as draining the game’s treasury. With the handy edition of Discord, players are equipped with the tools to shape the game they love and can reward community members and leaders with incentives.  Recently, we launched the ‘Big3ULL chat’, a dedicated space for investors to connect directly with the PLAYA3ULL GAMES team. NFT games break the barriers of traditional games and let players get insights much earlier than everyone else.  Creating a much-needed thriving community experience.

 

We hope this blog highlighted the benefits of NFT gaming and ushering in a new frontier for video games to explore.  Actual ownership of in-game assets and being rewarded for your hard-earned hours of gameplay are things all games should have.

Until next time, gamers - GG Well Played!

Want to experience the thrill of a NEXUS with others?  The third-person MOBA is free to play now on the Epic Games Store. Download it here.

 

PLAYA3ULL GAMES January 2025 update

TAKE3, 07 February 2025

Coin Listings and Big Ecosystem Updates | January 2025 Recap | PLAYA3ULL GAMES

Welcome to the January Web3 Gaming recap by PLAYA3ULL GAMES! Here, we’ll give you updates on each game, team, partnerships, and other exciting events happening for PLAYA3ULL GAMES (PG).  These include new updates to NEXUS, ORDINEM, STARVIN MARTIAN, WAR OF STEEL, and DOGS OF WAR. Previews of new concept art and our new Supporta3ull team Discord members!


PLAYA3ULL GAMES Web3 Gaming Ecosystem Update

 

Major improvements have been implemented for node operators and 3ULL players in our ecosystem.


Ecosystem updates:

  • New Coinstore listing for 3ULL coin.

  • Hosting more giveaways and contests in the Discord community.

  • The in-game reporting tool is set to enhance the support experience.

  • For each new game released, the Supporta3ULL team will increase to help everyone.

  • We’re looking for active community members to join the support team!

  • More node software will be released in early 2025, allowing users to monitor uptime, track rewards, and access features more easily.

  • Improved ticketing tools to help staff moderate issues faster.

  • Cross-chain integration is undergoing a comprehensive upgrade, featuring improved bridging and node-minting mechanisms to ensure smoother and more secure token transfers.

  • Our main dApp is improving with a more intuitive user flow, sleek new UI, and enhanced functionality.

  • Fractional nodes will return after the dApp rebuild.

  • The AI research & development department will focus on procedural world generation, adaptive Non-playable characters (NPCs), and dynamic environments that respond to player actions.

  • A complete redesign of the website and merch store.

  • The new Discord role, lemon, can be earned by community participation.

 

NEXUS

 

Nexus Improvements

 

NEXUS is a competitive third-person Multiplayer Online Battle Arena (MOBA) shooter that soared to the #1 trending game on the Epic Games Store in its first week of release.  

 

Lock onto these exciting updates this month:

  • Major UI, abilities, and balance updates are on the way.

  • Finetuning the MOBA 5v5 experience with ongoing bug fixes and balance patches to make gameplay even sharper and more immersive.

  • Since December, 514 reports have been resolved, resulting in 170 bans of bad actors in NEXUS.

 

ORDINEM

 

Ordinem Big Update

 

ORDINEM lets you command one of five mythical factions, using your deck of cards to cast spells and summon creatures.

 

Summon your eyes on these updates:

  • A new update will bring more balanced battles.

  • The future ORDINEM full release promises a seamless cross-platform play across desktop, android, and iOS.

  • Cards that can attack or defend now glow, making it easier to recognise.

  • On the deck creation screen, quantities automatically adjust as cards are added, giving you a more precise overview.

  • Corrections were made to the enemy card control feature so users could control certain enemy cards as intended.

  • Post-match conversations are buzzing on the Discord channels.

  • Bugs relating to card switching and the number of cards in each deck have been resolved.

  • Icons and attack lines have been appropriately adjusted.

 

STARVIN MARTIAN

 

Starvin Martian Revamp

 

Build your farming empire on Mars with STARVIN MARTIAN. Through challenges and rewards, expand your holdings by growing intriguing alien crops and raising exotic livestock. 

 

Voyage into the latest updates:

  • The alpha stage is focused on mastering colony survival.

  • Stunning cosmic visuals and revamped mechanics elevate the colony-building experience.

  • Implemented a robust anti-cheat system.

  • New art for the colonist building, microwave, and warehouse building.

 

WAR OF STEEL

 

Behemoth and Mammoth

 

WAR OF STEEL delivers fast-paced Battle Royale action, combining quick decisions, lightning reflexes, and explosive mech combat. 

 

Dive into its highly anticipated updates:

  • Gearing up for early alpha testing to gain valuable feedback and bug testing.

  • This feedback will fuel the open beta release, including new characters and biomes.

  • Introducing the Behemoth and Mammoth mechs that will be ready for epic battles.

  • New lobby renders when waiting for a game.

 

DOGS OF WAR

 

Dogs of War Mechanics

 

DOGS OF WAR delivers stylish survival gameplay with a twist - you play as a hybrid canine-human genetically engineered for combat. 

 

Sniff out the updates here:

  • The closed beta will ramp up team-based survival gameplay and show off new environments with polished looks.

  • A first look at the rugged Military Airport Alpha environment.

 

Global Blockchain Congress - February 5th-6th 2025 (DUBAI) - Gold Sponsor!

 

Global Blockchain Congress

 

We’re thrilled to be a GOLD Sponsor at the 14th Global Blockchain Congress, and we look forward to sharing more with the 3ULL Community after the event.

 

Jonathan Bouzanquet - aka 0ld3ULL (Chief Strategy Officer & Founder) and Jethro Bouzanquet - aka Young3ULL (GameFi Designer & Co-Founder) will attend this event.

 

0ld3ULL will deliver a keynote speech to all attendees titled ‘Beyond the Hype: PLAYA3ULL GAMES Delivers Trust, AI & Innovation for 1M Players.’

 

We’re so 3ULLISH in 2025, and all the plans are coming to fruition. 

With so much going on, stay in touch via Discord to find all the information you need about our upcoming games.

Did you know that we also release weekly video updates? Watch the video below for more sneak peeks of the fantastic games PLAYA3ULL GAMES are releasing next.

 

Subscribe to the PLAYA3ULL GAMES YouTube Channel to catch our weekly updates on our games.

Until next time, gamers - GG Well Played!

Want to experience the thrill of a Web3 game called NEXUS with others?  The third-person MOBA is free to play now on the Epic Games Store. Download it here.

PLAYA3ULL GAMES December 2024 update

TAKE3, 23 January 2025

A 3ULLISH Year to Remember! PLAYA3ULL GAMES 2024 in Review

2024 has been one giant leap for PLAYA3ULL GAMES! We’ve upgraded all aspects of our company, enabled our community to thrive, launched a new game ORDINEM, and even got to exhibit at multiple Web3 conventions.

Gaze into some of our biggest milestones for the year of 2024!

 

Anniversaries and New Blockchain Games

 

2024 marked the 2nd anniversary of PLAYA3ULL GAMES building and delivering across all divisions.  We rapidly levelled up our team and increased the community team from a small group of moderators to a large department of specialised roles.  We futureproofed ourselves and added a new revenue source by announcing a new AI division that supercharges the progress of our games and diversifies revenue via a SaaS product offering.

 

Our flagship game on the Epic Games Store, ‘NEXUS,’ celebrated its 1st anniversary in 2024.  December 24th, 2024,  marked the 1st anniversary of the play and earn model within NEXUS.  The players were awarded over 365 million 3ULL coins in total.  NEXUS boxes were introduced that contained 16 unique NFT skins that players could unlock.  It features a wear and tear attribute that adds uniqueness and rarity to every skin.  NEXUS boxes and skins can be traded in the marketplace, allowing players to buy, sell, or exchange items.  We also welcomed a new game ambassador, ‘Dacrippa3ULL’, to liaise with the community and developers to improve the game.  Dacrippa3ULL has logged over 2,100 hours of NEXUS play.  Insane, right?

 

ORDINEM became our second game on the Epic Games Store, including multiple UI and UX updates that significantly improved the player experience.  This is an exciting time as we stay true to our ‘30 games in 10 years’ promise.

 

Our next 3 games are also ramping up production:

  • STARVIN MARTIAN is going through a rebuild for PC and mobile.  With loads of previews in our weekly recaps, prepare for its official release in 2025.

  • DOGS of WAR is set to enter closed alpha in 2025 with stunning environments and quirky characters.

  • WAR OF STEEL completed the vertical slice and is currently in the Alpha 1 phase.

 

Building the ultimate Web3 gaming community

 

We are thankful for the wonderful community we’ve built on social media networks, especially the ones who interact with everyone in our Discord daily.  The Founders connected closely with the community in the PLAYA3ULL GAMES discord general chat.  The ‘Big3ULL chat’ was launched, a dedicated space for investors (HODLing 10M+ 3ULL) to connect directly with the team.  Introducing guilds fostered collaborations, friendly rivalries, and a stronger sense of belonging in our community.

 

In 2024, we created the  ‘Public Test Grounds’ channel.  Community members can use the channel to collaborate with the devs and patch-test the games.  The community feedback has directly influenced game improvements,  ensuring evolving gaming experiences shaped by the players.  Adding the ‘Socials’ category provides a streamlined area for PLAYA3ULL GAMES channels.  The ‘Socials’ category also supports community-driven promotion and amplifies our social media footprint.

 

PLAYA3ULL GAMES ecosystem updates and new partnerships

 

We’re extra 3ULLISH on the partnerships and general ecosystem updates we’ve had in 2024.  In June 2024, we introduced fractional nodes for our community and investors.  This gave a new way for investors to pool together with others and own portions of a full node.  We upgraded the support system for faster response times and added a 24/7 ticket and support service.   The 3ULL coin has continued to make strides in the open market, including listing on XT.com.  Buying 3ULL coins on ETH and purchasing 3ULL coins on a credit card became available.  

 

We partnered with Evertreen to plant a tree for every node sold. We also acquired Web3 marketing services from the talented Take3 and PR help with PR Genius. We are now steamrolling ahead into Phase 4 of our marketing plan, which includes paid advertisements and more partnerships. PLAYA3ULL GAMES was also busy in real life, attending four shows.  

  • Token2049, Dubai.

  • Australian Crypto Convention Sydney.

  • Digital Assets Oasis, Rak UAE.

  • Global Blockchain Show Dubai.

 

What a way to wrap up 2024 for us!  We’ve never been so much more proud than right now of our team and community at PLAYA3ULL GAMES.  Here’s to an epic 2025!

Until next time, gamers - GG Well Played!

Want to experience the thrill of a NEXUS with others?  The third-person MOBA is free to play now on the Epic Games Store. Download it here.

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