Crypto Gaming Coins to Keep an Eye on in 2023

Crypto gaming is a new and exciting way to experience gaming. It allows players to use decentralized digital currencies to buy, sell, and trade in-game items. This new technology has the potential to revolutionize the gaming industry, offering gamers a secure and transparent way to conduct transactions. In this article, we will explore the top crypto gaming coins to keep an eye on this year.

Why Crypto Gaming Is Becoming Popular

The popularity of crypto gaming is due to several factors. Firstly, blockchain technology provides a secure and transparent way to conduct transactions. This means that players can be confident that their in-game assets are safe and secure. Secondly, crypto gaming offers a new level of ownership and control over in-game assets. Players can now own and control their digital assets, which they can sell or trade at their discretion.

Another reason why crypto gaming is becoming popular is the potential for earning income. Some games offer players the opportunity to earn cryptocurrency while playing the game. This has created a new type of gamer, known as the "crypto gamer." These gamers are not only playing for fun, but they are also playing to earn money.

How Crypto Gaming Coins Work

Crypto gaming coins are digital assets that are used within the game's ecosystem. These coins are usually based on blockchain technology, which provides transparency and security. The coins can be used to purchase in-game items, or they can be traded on cryptocurrency exchanges.

Crypto gaming coins work by using smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. These smart contracts ensure that transactions are transparent, secure, and irreversible.

Top Crypto Gaming Coins to Keep an Eye on in 2023

Axie Infinity (AXS)

Primary Use Case: Collectible and Battle Game

Platform: Ethereum

Axie Infinity is a well-known cryptocurrency game that has garnered a growing community of players since its launch. Inspired by Pokemon, the game allows players to collect, trade, and battle creatures called Axies, which are non-fungible tokens (NFTs). Axie Infinity has seen remarkable growth in its token value, making it an attractive investment opportunity for those interested in crypto gaming.

Key Features of Axie Infinity:

• Axies, the NFT-based creatures, can be collected, traded, and battled within the game.
• Players can earn AXS gaming tokens by participating in battles and completing tasks.
• AXS holders are entitled to a share of the revenue generated by the Axie Infinity ecosystem, which includes fees from gameplay and marketplace transactions

ApeCoin (APE)

Primary Use Case: Decentralized Finance (DeFi)

Platform: Binance Smart Chain

ApeCoin is an exciting cryptocurrency in the realm of decentralized finance (DeFi). It offers users a range of innovative financial tools and opportunities. With its robust ecosystem and growing popularity, ApeCoin has quickly become a prominent player in the DeFi space.

Key Features of Ape Coin:

• ApeCoin provides various DeFi functionalities, including yield farming, staking, and decentralized lending.
• Users can earn attractive rewards by participating in the ApeCoin ecosystem and contributing to its liquidity pools.
• A strong and supportive community, actively engaging with ApeCoin's development, points to its potential long-term success in the ever-evolving DeFi landscape.

Immutable (IMX)

Primary Use Case: NFT (Non-Fungible Token) Platform

Platform: Ethereum

Immutable is a layer-2 scaling solution for Ethereum, aiming to provide faster and cheaper transactions. It uses zk-rollups technology to bundle multiple transactions into a single batch, reducing the load on the Ethereum network. IMX is primarily used for trading on Immutable X, a decentralized exchange built on top of the Ethereum network. The exchange features gas-free trading, instant settlement, and support for popular NFT marketplaces like OpenSea.

Key Features of Immutable:

• Immutable provides a seamless and user-friendly platform for buying, selling, and trading NFTs.
• Users can discover and collect a wide range of unique digital assets, including artwork, collectibles, and in-game items.
• With a dedicated community and increasing adoption by artists and creators, Immutable shows promising potential for long-term success in the NFT ecosystem.

Floki (FLOKI)

Primary Use Case: Cryptocurrency

Platform: Binance Smart Chain

FLOKI is an exciting cryptocurrency that has captured the attention of crypto enthusiasts. Inspired by the popular meme involving Elon Musk's pet dog, FLOKI aims to bring a sense of fun and community to the world of digital assets.

Key Features of FLOKI:

• FLOKI powers the Valhalla NFT Metaverse, Floki Finance, and more.
• FLOKI offers a decentralized and community-driven platform for users to transact and interact with the cryptocurrency.
• Users can participate in various community initiatives and governance decisions, giving them a voice in shaping the future of FLOKI.

Tamadoge (TAMA)

Primary Use Case: Arcade Gaming

Platform: Ethereum

Tamadoge is an exciting online crypto gaming coin that has recently unveiled its first game, Super Doge. The game is an instant hit, with users racing to collect coins and battle opponents in a Mario-inspired platform game. Tamadoge's popularity is expected to grow, with several new arcade games ready for launch.

Key Features of Tamadoge:

• TAMA tokens can be used to participate in various arcade games, with more games scheduled for release.
• Players can earn rewards by topping the leaderboard in Super Doge and other Tamadoge arcade games.
• Tamadoge positions itself as an exciting online gaming coin, offering users a unique and immersive gaming experience within a crypto-centric ecosystem.

Decentraland (MANA)

Primary Use Case: Metaverse Gaming and Virtual World

Platform: Ethereum

Decentraland is a popular metaverse gaming crypto coin that allows players to own, trade, and build within a virtual world. The platform features a decentralized virtual environment, where players can purchase and customize land using the MANA token. Decentraland has a massive upside potential, making it a promising investment opportunity for those interested in metaverse gaming.

Key Features of Decentraland:

• Players can purchase, trade and own virtual land using the MANA token.
• Decentralized platform, allowing players to customize and build within the virtual environment.
• MANA tokens can be used with dApps on the Ethereum blockchain and are accessible across different blockchain networks.
• MANA tokens are interchangeable with each other and can be divided into smaller units for transactions.

The Sandbox (SAND)

Primary Use Case: GameFi Coin and Immersive Metaverse

Platform: Ethereum

The Sandbox is a popular GameFi coin that offers users an immersive metaverse experience. The platform allows players to create and explore virtual worlds, with unique digital real estate known as LAND. SAND tokens power the ecosystem, and players can use these tokens for various in-game transactions, such as purchasing equipment and LAND.

Key Features of The Sandbox:

• The SAND token is a utility token that has several use cases, including being used as an ERC20 token, which allows it to be easily traded on crypto exchanges.
• Players can create and explore virtual worlds using the SAND token, which powers the platform.
• Digital real estate, known as LAND, can be bought and sold within the game.
• A limited number of LAND plots are available, creating scarcity and potential value growth.

Gala Games (GALA)

Primary Use Case: Gaming Platform with NFT Integration

Platform: Ethereum

Gala Games is a new-age gaming cryptocurrency coin that integrates NFTs into its platform. The project aims to empower gamers to control their gaming experiences and own their in-game assets through the use of blockchain technology. GALA, the native token of Gala Games, allows users to participate in the platform and earn valuable rewards.

Key Features of Gala Games:

• GALA can be used for the exchange of digital assets, including NFTs, within the platform.
• User-driven ecosystem, where players can control their gaming experiences and assets.
• GALA tokens can be used to participate in the platform and earn rewards.
• The token can be donated by users for tax-saving purposes.

Enjin Coin (ENJ)

Primary Use Case: Gaming

Platform: Ethereum

Enjin Coin is a blockchain-based cryptocurrency designed for gaming. It enables gamers to create, manage, and trade virtual goods in a secure and decentralized manner. ENJ is built on the Ethereum blockchain and provides developers with a suite of tools to create gaming experiences that leverage blockchain technology.

Key Features of Enjin Coin:

• ENJ can be used to purchase in-game items, trade virtual goods, and participate in gaming events.
• The Enjin platform provides developers with tools and APIs to create gaming experiences that leverage blockchain technology.
• Enjin's community support and partnerships with leading gaming companies like Ubisoft indicate the potential success of ENJ in the gaming industry.

Factors to Consider When Investing in Gaming Coins

Before investing in gaming coins, there are several factors that you should consider. Firstly, you should research the game and the team behind it. You should look for games that have a strong development team and a clear roadmap.

Secondly, you should consider the market demand for the game. Look for games that have a strong community and a growing user base. Thirdly, you should consider the overall market conditions. The crypto market can be volatile, so it's important to be aware of the risks involved.

How to Buy and Sell Gaming Coins

Buying and selling gaming coins is easy. You can purchase them on cryptocurrency exchanges such as ChangeNOW, Binance, or Coinbase. These exchanges offer a wide range of cryptocurrencies, including gaming coins.

Before buying gaming coins, it's important to DYOR and choose a reputable exchange. You should also consider the fees associated with buying and selling cryptocurrencies.

Conclusion

With the rise of crypto gaming coins, the gaming industry is on the cusp of a major overhaul, bringing exciting opportunities for investors. By keeping an eye on these top gaming cryptos in 2023, you can stay ahead of the game and make savvy investment decisions that can reap lucrative rewards. Don't miss out on the chance to be a part of this revolutionary shift in gaming and finance!

If you're interested in buying or exchanging gaming coins, you can use ChangeNOW. ChangeNOW is a fast and secure way to exchange or buy cryptocurrencies, including gaming coins.