The GameFi sector of the crypto market has steadily increased in value, popularity, and adoption over the years. Available reports reveal that over $2.5 billion was invested in blockchain-based games in this trading year’s first quarter, which could double before the year ends.
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This indicates how much attention and growth the P2E market and other aspects of the GameFi economy are experiencing. Existing and newly launched cryptocurrencies presently have higher chances of succeeding, provided the developers are dedicated to making them functional enough to compete with other top crypto assets on the market.
Gala and Moshnake, a new cryptocurrency with dual tokens, are two crypto assets in the P2E sector showing solid prospects of becoming the next big thing, and we review them below.
Gala (GALA)
Gala Games is a unique play-to-earn (P2E) Ethereum and BSC blockchain-based gaming platform that allows players to enjoy the thrill of gaming while giving them control over games and in-game items. Players can influence the decision-making and governance of games within the P2E platform’s ecosystem, leveraging ownership of its non-fungible token (NFTs).
Gala games provide players with blockchain games like Town Star, Fortified, Mirandus, Echoes, Spider Tank, etc. Some of these games are players-versus-players (PVP), and others are multiplayer or single-player. They have different themes, strategies of playing, and objectives. The platform also prioritizes community feedback, engaging and reviewing users’ comments and assumptions via various communities, especially Discord.
Its ERC-20 token, GALA, powers Gala Games. It is a closely monitored P2E crypto asset. It’s included in over half-a-million watchlists. The closest GALA came to $1 was during the last bull run that saw its peak at $0.8.
The platform has a set of valuable collectible NFT avatars called VOX. You can lock up your GALA and play games with this NFTs avatar to earn the VOXcoin. It also gives you access to your FBX file, allowing you to animate your avatars or print them in 3D. Analysts believe it’s on course for a progressive run and could be the next P2E digital asset to blow.
Moshnake (MSH/VEN)
Moshnake is a dual-token community-centered Play-to-Earn (P2E) NFT Gaming platform bringing back the legendary snake gaming experience. The BNB Smart Chain-based game will bring nostalgia with the retro snake game that appeals to all age groups. Moshnake leverages blockchain technology to turn the easy-to-play game that gave us mere fun and excitement into an earning opportunity.
Moshnake developers identify equality as one of their watchwords, ensuring accessibility to all levels of financial entry. Thus, the entry threshold is set low, and reward distributions are based on skills, persistence, and strategy rather than economic power. The platform’s tokens, Moshnake and Venom, perform distinct functions. Moshnake (MSH) is used to purchase the Moshnake NFT, which you’ll use to play the game, while Venom (VEN) is used to pay an access fee before entering the game to play.
Six (6) easy steps to follow to get started with the P2E game. They include:
- Setting up a supported wallet (Metamask) and adding a Blockchain network (BNB Smart Chain)
- Fund your wallet with the internal game currencies (Moshnake and Venom)
- Follow the prompts to set up your game account
- Buy your Moshnake NFT using your MSH token
- Download the game from the official Moshnake website and …….