The gaming industry has grown indefinitely since its inception in 1958. The first game, created by a physicist, was a simple tennis game similar to the 1970s video game, Pong. Since then, the graphics and storylines of games have improved, resulting in a growth of gamers each year.
Currently, there are over 3 billion gamers worldwide, so it is no surprise that cryptocurrencies are now catering to this market. They cater to gamers through play-to-earn (P2E) gaming, giving users the chance to earn tokens while having fun!
Axie Infinity (AXS) and The Sandbox (SAND) are two cryptos that have left their mark on the P2E sector, with MetaCryp (MTCR) challenging the popularity of these established P2E cryptos through its highly anticipated launch.
Has MetaCryp (MTCR) Got What It Takes?
The last few years have been stressful for everyone. The Covid-19 pandemic, mixed with rising inflation, has people worried about the future. MetaCryp understands these concerns, and it plans to create a Metaverse that helps like-minded individuals unwind and create a blissful experience.
The Metaverse will boast an array of fun activities for users to enjoy, including customised country clubs, event centres, and vacation spots. The vacation spots in the Metaverse will blur the line between reality and fantasy. Imagine roaming the sunny beaches of Spain while sitting in your house in Chicago.
The worst thing a gamer can experience is ignorance from the game developers (or internet lag). That is why MetaCryp has implemented a DAO to grant users voting rights on the platform. Users can vote on proposals or even submit some of their own!
The Long List Of The Sandbox (SAND) Partnerships
The Sandbox is a pioneer in P2E gaming. Its creation in 2012 brought a wave of players to the innovative platform, resulting in 40 million global installs. Users can access the game on their smartphones or computers and create adventures of their own. Users can even create games on the platform without the need for coding!
Cryptocurrencies often succeed through the influence of celebrities. You only have to look as far as Elon Musk’s influence on Dogecoin (DOGE) to realise that. That is why The Sandbox has a long list of partnerships including Snoop Dogg, Adidas, and The Walking Dead!
One of the users on The Sandbox platform reportedly paid $450,000 to own a plot of land next to Snoop Dogg in the Metaverse. Although The Sandbox has lost users since its peak, celebrity endorsements still make the platform relevant in the P2E sector of crypto.
Has Axie Infinity (AXS) Recovered From Its Hack?
Axie Infinity, like The Sandbox, is a pioneer in the P2E sector of crypto. The game has 1 million daily active users which dropped from its peak of 2.7 million in November 2021. However, the marketplace is still an extremely active place. $3.6 billion has been traded on there thus far.
In the Axie Infinity game, users can collect their axies which come in the form of NFTs. They can then train them, and battle them against one another to increase their rarity. Users can either hold them or sell them on the marketplace for a profit, the most expensive one sold for a staggering $820,000!
Although Axie Infinity was the victim of a recent data breach by the North Korean hacker group, Lazarus, the crypto has produced positive numbers over the past seven days. At the time of writing, Axie Infinity has increased by 4.11%. It shows that its loyal community rallies around it even in the face of adversity.
Axie Infinity and The Sandbox have been at the top of the P2E sector of crypto for a myriad of reasons. They cater to a specific market, their technology is second to none, and they have built loyal communities that continuously support them.
However, MetaCryp has developed an innovative ecosystem that could attract gamers in the crypto sphere towards it. MetaCryp has a lot of potential to dominate the P2E market in the coming years. The token is currently in its second stage of presale and can be bought with a 7% bonus!
For more information on MetaCryp (MTCR), please visit the following links:
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