Our play to earn favourites in April 2022

Our play to earn favourites in April 2022

Share this article

Mike
Mike

An editor at Coincrop


11 Apr 2022 | 15 min read
35,205 views

P

lay-to-earn had a very promising end to 2021 with a plethora of new projects and some sky high valuations. Despite market capitalisations dropping back in the first quarter of 2022, there remain a great number of very promising projects.

In this guide:

Disclaimer: All of the information written on Coincrop is without influence and based on our analysis. No guarantee is offered concerning the accuracy of this information and therefore, any individual following up on it does as such completely at their own risk. Rates are correct at time of publication.

Introduction

Video games typically operate in a centralised economic model in which developers and publishers maintain the rights to the in-game economy and the rights to distribute assets as they see fit. For example, true ownership of in-game weapon such as a gun is only possible until such time as the developer shuts down the game or decides to change the mechanics of the game. In contrast, play-to-earn games make use of blockchain technology to facilitate non-fungible tokens (NFTs) in which players truly own an in-game asset. Additionally, NFT assets can be traded without the intervention of a third-party.

Splinterlands

Splinterlands is a crypto card game which can be played for fun or with real money. The game has similarities to “Magic the Gathering” and “Heartstone”. Players collate cards with varying stats and abilities with the objective of using them to battle their opponents to accumulate in-game assets.

The game runs on the lesser known Hive blockchain. This blockchain allows players to trade in-game assets in NFT marketplaces in order to make money.

In-game credits for use in Splinterlands can be purchased using a wide variety of crypto currencies. It’s even possible to earn the HIVE token by taken part in conversations in the SplinterTalk social media community. 

s=P

lay-to-earn had a very promising end to 2021 with a plethora of new projects and some sky high valuations. Despite market capitalisations dropping back in the first quarter of 2022, there remain a great number of very promising projects.

In this guide:

Disclaimer: All of the information written on Coincrop is without influence and based on our analysis. No guarantee is offered concerning the accuracy of this information and therefore, any individual following up on it does as such completely at their own risk. Rates are correct at time of publication.

Introduction

Video games typically operate in a centralised economic model in which developers and publishers maintain the rights to the in-game economy and the rights to distribute assets as they see fit. For example, true ownership of in-game weapon such as a gun is only possible until such time as the developer shuts down the game or decides to change the mechanics of the game. In contrast, play-to-earn games make use of blockchain technology to facilitate non-fungible tokens (NFTs) in which players truly own an in-game asset. Additionally, NFT assets can be traded without the intervention of a third-party.

Splinterlands

Splinterlands is a crypto card game which can be played for fun or with real money. The game has similarities to “Magic the Gathering" src="https://d3lduyh26xckm1.cloudfront.net/coincrop/apr22splinterlands.png">

The Splinterlands game can be played on both desktop and mobile devices. Over 283 cards are used by players to improve their character abilities, strength and improve their stats. The stats in the game are categorised as follows:

- Speed

- Armour

- Ranged attached strength

- Magic attack strength

- Melee attach strength

- Mana cost

Each of the cards are associated with a particular fraction: Life, water, death, fire, earth and neutral.

At the time of writing, Splinterlands is priced at $SPS - $0.0607 with a market capitalisation of $72 million and a 24 hour volume of £1.5 million.

Rates of return in yield farms are particularly high for holders of the Splinterlands asset:

OrganizationDeposit assetsReward assetsAPY Rate

Star Atlas

The Star Atlas white paper describes the game as:

A blockchain-based massively multiplayer NFT game. Whose theme is based on a grand strategy environment of space exploration, territorial conquest, political domination and much more.

The game runs on the Solana blockchain and is based on the Unreal Engine 5. It was developed by Michael Wagner (now CEO), Pablo Quiroga (COO) and Deb Lucas.

This next generation online multiplayer game is set in a futuristic science fiction world. It is the year 2620 and three factions are vying for control and resources. These factions being androids, humans and various alien races.

The game combines strategy in which players must develop tactics and plans for how they interact with the other factions. Equally, the game is about the exploration and discovery and foreign planets.

s=P

lay-to-earn had a very promising end to 2021 with a plethora of new projects and some sky high valuations. Despite market capitalisations dropping back in the first quarter of 2022, there remain a great number of very promising projects.

In this guide:

Disclaimer: All of the information written on Coincrop is without influence and based on our analysis. No guarantee is offered concerning the accuracy of this information and therefore, any individual following up on it does as such completely at their own risk. Rates are correct at time of publication.

Introduction

Video games typically operate in a centralised economic model in which developers and publishers maintain the rights to the in-game economy and the rights to distribute assets as they see fit. For example, true ownership of in-game weapon such as a gun is only possible until such time as the developer shuts down the game or decides to change the mechanics of the game. In contrast, play-to-earn games make use of blockchain technology to facilitate non-fungible tokens (NFTs) in which players truly own an in-game asset. Additionally, NFT assets can be traded without the intervention of a third-party.

Splinterlands

Splinterlands is a crypto card game which can be played for fun or with real money. The game has similarities to “Magic the Gathering" src="https://d3lduyh26xckm1.cloudfront.net/coincrop/apr22staratlas.jpg">

The gameplay features:

- VR play

- Alliance forging

- Space station and ship construction

- PvP fights, territory and land control

- Space exploration

- Fleet and vehicle control

At the time of writing, Star Atlas is priced at $ATLAS - $0.0077 with a market capitalisation of $67 million and a 24 hour volume of £6 million.

Holders of the Star Atlas asset who are willing to participate in yield farming projects can earn the following rates of return:

OrganizationDeposit assetsReward assetsAPY Rate
Beefy Finance

Yield Farming

Deposit Star AtlasStar Atlas (ATLAS)Deposit FantomFantom (FTM)

Earn Beefy.FinanceBeefy.Finance (BIFI)

9,250% - flexible

Raydium

Yield Farming

Deposit Star AtlasStar Atlas (ATLAS)Deposit SolanaSolana (SOL)

Earn RaydiumRaydium (RAY)

14.3% - flexible

Raydium

Yield Farming

Deposit Star AtlasStar Atlas (ATLAS)Deposit RaydiumRaydium (RAY)

Earn RaydiumRaydium (RAY)

5.60% - flexible

Raydium

Yield Farming

Deposit Star AtlasStar Atlas (ATLAS)Deposit USD CoinUSD Coin (USDC)

Earn RaydiumRaydium (RAY)

5.26% - flexible

Trofi

Saving

Deposit Star AtlasStar Atlas (ATLAS)

Earn Star AtlasStar Atlas (ATLAS)

5.00% - flexible

Axie Infinity

Axie Infinity is one of the most well-known play-to-earn games. Its growth was well publicised during the Covid-19 pandemic when it provided residents of the Philippines with a means of earning an income. Such was the significance of the revenue generated from the platform that the Philippine government declared that revenue was subject to income tax.

The game has an impressive base of users with nearly 3 million active daily players, many of which are trading in the NFT marketplace.

The game is built on the Ethereum blockchain with Axies priced in ETH. New users download the game and begin by purchasing Axies. Broadly there are two modes of gameplay – player vs player (PVP arena) and player vs environment (PVE adventure).

Gameplay focuses around energy units – the more Axies you accumulate, the greater energy you produce. One energy unit is required to go into battle. This energy is required to earn rewards in the Arena mode and experience points in the Adventure mode.

s=P

lay-to-earn had a very promising end to 2021 with a plethora of new projects and some sky high valuations. Despite market capitalisations dropping back in the first quarter of 2022, there remain a great number of very promising projects.

In this guide:

Disclaimer: All of the information written on Coincrop is without influence and based on our analysis. No guarantee is offered concerning the accuracy of this information and therefore, any individual following up on it does as such completely at their own risk. Rates are correct at time of publication.

Introduction

Video games typically operate in a centralised economic model in which developers and publishers maintain the rights to the in-game economy and the rights to distribute assets as they see fit. For example, true ownership of in-game weapon such as a gun is only possible until such time as the developer shuts down the game or decides to change the mechanics of the game. In contrast, play-to-earn games make use of blockchain technology to facilitate non-fungible tokens (NFTs) in which players truly own an in-game asset. Additionally, NFT assets can be traded without the intervention of a third-party.

Splinterlands

Splinterlands is a crypto card game which can be played for fun or with real money. The game has similarities to “Magic the Gathering" src="https://d3lduyh26xckm1.cloudfront.net/coincrop/apr22axie.webp">

In a battle each Axie has four cards that each reflect a special ability. Four cards can be played at a time but players need to strategise with regard to how they use their energy. The objective of the gameplay is to kill each of your opponent’s Axies before they get the opportunity to kill yours.

Tactics play an important role in the game. It’s suggested that a ‘tank’ should be used on the front line in order to make use of the defensive capabilities. During arena matches you will be pitted against opponents with comparable levels of skill.

The game is not cheap to play. To begin playing the game, you might need between $700 and $900 to purchase three Axies. 

Axie Infinity is fast-paced, addictive and engaging. It has managed to combine strategy, gaming and investment.

At the time of writing, Axie Infinity is priced at $AXS - $18.27 with a market capitalisation of $3.9 billion and a 24 hour volume of £460m million.

If you are willing to lend your Axie Infinity assets to third-party organizations, you can expect to earn the following:

OrganizationDeposit assetsReward assetsAPY Rate
Finblox

Saving

Deposit Axie InfinityAxie Infinity (AXS)

Earn Axie InfinityAxie Infinity (AXS)

80.0% - flexible

Swyftx

Saving

Deposit Axie InfinityAxie Infinity (AXS)

Earn Axie InfinityAxie Infinity (AXS)

80.0% - flexible

Trofi

Saving

Deposit Axie InfinityAxie Infinity (AXS)

Earn Axie InfinityAxie Infinity (AXS)

60.0% - fixed (30 days)

BTSE

Staking

Deposit Axie InfinityAxie Infinity (AXS)

Earn Axie InfinityAxie Infinity (AXS)

50.4% - fixed (60 days)

Trofi

Saving

Deposit Axie InfinityAxie Infinity (AXS)

Earn Axie InfinityAxie Infinity (AXS)

50.0% - flexible

BTSE

Staking

Deposit Axie InfinityAxie Infinity (AXS)

Earn Axie InfinityAxie Infinity (AXS)

46.8% - fixed (30 days)

Alien Worlds

Alien Worlds is a game set in the year 2055 in which you play the role of an explorer. The objective is mine Trilium in far away worlds. The universe within the game is comprised of six worlds, each with 500 plots of land. Each one of these plots is owned by players and represented as NFT tokens.

The game functions on the both the WAX and Ethereum blockchains. The core features use smart contracts on the WAX network – i.e. DAC governance, staking, voting, gameplay and NFTs. Trilium (the metaversal fungible token) is both a WAX and ERC-20 token.

Trilium ($TLM) is the currency used inside (and outside) Alien Worlds. It can be used to take part in events and acquire NFTs. It can be used to “stake” it to planets in order to become a voting member.

s=P

lay-to-earn had a very promising end to 2021 with a plethora of new projects and some sky high valuations. Despite market capitalisations dropping back in the first quarter of 2022, there remain a great number of very promising projects.

In this guide:

Disclaimer: All of the information written on Coincrop is without influence and based on our analysis. No guarantee is offered concerning the accuracy of this information and therefore, any individual following up on it does as such completely at their own risk. Rates are correct at time of publication.

Introduction

Video games typically operate in a centralised economic model in which developers and publishers maintain the rights to the in-game economy and the rights to distribute assets as they see fit. For example, true ownership of in-game weapon such as a gun is only possible until such time as the developer shuts down the game or decides to change the mechanics of the game. In contrast, play-to-earn games make use of blockchain technology to facilitate non-fungible tokens (NFTs) in which players truly own an in-game asset. Additionally, NFT assets can be traded without the intervention of a third-party.

Splinterlands

Splinterlands is a crypto card game which can be played for fun or with real money. The game has similarities to “Magic the Gathering" src="https://d3lduyh26xckm1.cloudfront.net/coincrop/apr22alienworlds.webp">

Gameplay is simplistic comprising of staking $TLM, click-mining or owning land. Features such as arena fighting and planetary governance are yet to be implemented.

Trilium can be earned by three means: passive income from owning land, staking on Binance Smart Chain and mining on land plots. Alien Worlds can be started without any initial investment – each new player is given a shovel enabling them to begin mining immediately. This initial method of playing results in a very low payout though.

At the time of writing, Alien Worlds is priced at $TLM - $0.0322 with a market capitalisation of $124 million and a 24 hour volume of £100m million.

There are a few yield farming opportunities for holders of the Alien Worlds asset:

OrganizationDeposit assetsReward assetsAPY Rate
Beefy Finance

Yield Farming

Deposit Alien WorldsAlien Worlds (TLM)Deposit BNBBNB (BNB)

Earn Beefy.FinanceBeefy.Finance (BIFI)

30.9% - flexible

Trofi

Saving

Deposit Alien WorldsAlien Worlds (TLM)

Earn Alien WorldsAlien Worlds (TLM)

5.00% - flexible

AAX

Saving

Deposit Alien WorldsAlien Worlds (TLM)

Earn Alien WorldsAlien Worlds (TLM)

4.00% - fixed (30 days)

AAX

Saving

Deposit Alien WorldsAlien Worlds (TLM)

Earn Alien WorldsAlien Worlds (TLM)

3.50% - fixed (14 days)

AAX

Saving

Deposit Alien WorldsAlien Worlds (TLM)

Earn Alien WorldsAlien Worlds (TLM)

3.00% - fixed (7 days)

AAX

Saving

Deposit Alien WorldsAlien Worlds (TLM)

Earn Alien WorldsAlien Worlds (TLM)

2.50% - flexible

The Sandbox

The Sandbox game actually dates back to 2012 when the game was first released on mobile by a company called Pixowl. Several years later in 2015, a Steam version of the game was developed for the PC market.

In 2018, Hong Kong-based Animoca Brands purchased Pixowl announced that it planned to build a blockchain version of the game. After several rounds of funding, the alpha version launched in November 2021.

The Sandbox shares some similarities with games like Minecraft in which you create worlds. However, the differentiator is asset ownership. NFTs are players to own virtual assets and land within the game. An ERC-20 issued token ($SAND) is used by players to interactions and transactions within the virtual worlds. These tokens are used to:

- Purchase assets

- Create assets and games

- Play games created within The Sandbox

- Purchase services

s=P

lay-to-earn had a very promising end to 2021 with a plethora of new projects and some sky high valuations. Despite market capitalisations dropping back in the first quarter of 2022, there remain a great number of very promising projects.

In this guide:

Disclaimer: All of the information written on Coincrop is without influence and based on our analysis. No guarantee is offered concerning the accuracy of this information and therefore, any individual following up on it does as such completely at their own risk. Rates are correct at time of publication.

Introduction

Video games typically operate in a centralised economic model in which developers and publishers maintain the rights to the in-game economy and the rights to distribute assets as they see fit. For example, true ownership of in-game weapon such as a gun is only possible until such time as the developer shuts down the game or decides to change the mechanics of the game. In contrast, play-to-earn games make use of blockchain technology to facilitate non-fungible tokens (NFTs) in which players truly own an in-game asset. Additionally, NFT assets can be traded without the intervention of a third-party.

Splinterlands

Splinterlands is a crypto card game which can be played for fun or with real money. The game has similarities to “Magic the Gathering" src="https://d3lduyh26xckm1.cloudfront.net/coincrop/apr22sandbox.png">

The trading of virtual land within the game is a significant aspect of The Sandbox. Each item of land if unique and it’s possible to prove your ownership of the land. 166,464 parcels of land are available, each measuring 96 by 96 in length. It’s possible for players to acquire individual sections of land and to combine them with other sections into an estate.

An NFT marketplace within the game allows players to buy and sell assets with one another using the $SAND token. These assets can then be placed on the land that you own. Wearables can also be purchased for your in-game character. 

At the time of writing, The Sandbox is priced at $SAND - $1.31 with a market capitalisation of $4 billion and a 24 hour volume of £534 million.

A number of organizations offer reward rates for holders of The Sandbox:

OrganizationDeposit assetsReward assetsAPY Rate
BTSE

Staking

Deposit The SandboxThe Sandbox (SAND)

Earn The SandboxThe Sandbox (SAND)

14.0% - fixed (60 days)

BTSE

Staking

Deposit The SandboxThe Sandbox (SAND)

Earn The SandboxThe Sandbox (SAND)

13.0% - fixed (30 days)

Bitrue

Saving

Deposit The SandboxThe Sandbox (SAND)

Earn The SandboxThe Sandbox (SAND)

10.0% - flexible

CoinDCX

Saving

Deposit The SandboxThe Sandbox (SAND)

Earn The SandboxThe Sandbox (SAND)

5.00% - fixed (7 days)

AAX

Saving

Deposit The SandboxThe Sandbox (SAND)

Earn The SandboxThe Sandbox (SAND)

4.00% - fixed (30 days)

Pintu

Saving

Deposit The SandboxThe Sandbox (SAND)

Earn The SandboxThe Sandbox (SAND)

4.00% -

0-3000 SAND, flexible


Mike

Mike

An editor at Coincrop
View articles

Mike is a Crop Crop staff writer based in the UK, covering the best rates for cryptocurrency earning and borrowing products. When not at work, he's likely putting his latest car project back together.


Our sponsor

CoinLoan combine the best of traditional and novel finance helping you borrow, swap and grow your assets.

Compare over 40,509 CeFi and DeFi products across more than 207 organizations here