With all the attention that Bitcoin and other cryptocurrencies are getting, many people do not know that cryptocurrency and the blockchain are also being utilized in the gaming industry. While the first crypto-based game was CryptoKitties and made quite a splash when it was released, nowadays, there are several games that use cryptocurrencies, many of which remain focused on Bitcoin.
As digital money becomes more popular and attracts new investors, more choices are becoming available in the gaming scene as well. In fact, there are currently 5,000 cryptocurrencies on the market. According to experts, the global Esports and gaming marketing is set to grow to around $128.5 billion, and much of that could be in the form of cryptocurrencies.
Still, while gaming cryptocurrencies have been playing their part in helping grow the popularity of Bitcoin and other cryptocurrencies, they are still not taken as seriously or offered the same amount of coverage by news outlets. So, keeping that in mind, here we are going to right that wrong by shining a light on the best performing gaming crypto that you can’t afford to ignore.
Enjin is a decentralized platform with an ERC20 token. Virtual products may be managed, exchanged, traded, and distributed using this system. It is one of the first simple-to-use top gaming cryptocurrencies, giving content creators and players a new method to hold virtual property. Currently, online gamers are more likely to use these tokens to make in-game purchases or grow their digital wallet. Enjin is a free and flexible platform for developing, integrating, and scaling tokenized game assets. ENJ and Microsoft recently announced a partnership to bring non-fungible tokens (NFTs) to famous games, such as Minecraft.
Ethbet is revolutionizing the virtual gaming industry by being one of the first to enable peer-to-peer betting, which allows users to compete against one another without paying a middleman commission. During a 2017 crowd sale, Ethbet collected a significant sum of money, the majority of which was used to strengthen the platform, including further web and application development and third-party contract security assessments. This is one of those gaming cryptocurrencies that promise high returns in the long term.
The goal of creating Game Credits was to have a safe, stable, and attractive platform to replace current in-game purchasing choices and to help gaming creators grow the $100 billion industry by accelerating the use of digital currency. Game Credits was created specifically for the gaming industry, and it’s easy to see why. It functions similarly to Litecoin prior to Segwit, although with some enhancements in terms of gameplay. This option will be a smart choice for gamers who are unfamiliar with Black chain technology. It will give the e-sports sector a seamless method of exchange and a user-friendly experience for individuals who want to construct NFTs. It’s a digital cryptocurrency that may be used to purchase in-game stuff.
No list on gaming cryptocurrencies would be complete without including MobileGo. This is mainly because it is an extremely popular gaming cryptocurrency that is utilized in over 500 browser-based games that are all free to play. It’s a decentralized cryptocurrency blockchain platform based on Ethereum smart contract technology. MobileGo (MGO) is a spin-off of GameCredits, which was created with the goal of changing the gaming business. MGO is generally used to purchase in-game items that enhance the gaming experience, as well as upgrade or premium game versions. It has a lot of promise and might become quite popular in the near future.
So, there you have it. These are the top-performing gaming cryptocurrencies that you can use to improve your gaming and your profits. For more information, check out the homepage of bcevent.com site and you’ll learn all you need to know about cryptocurrency and more.