THE TOP 5 BLOCKCHAIN GAMING COMPANIES IN 2022

THE TOP 5 BLOCKCHAIN GAMING COMPANIES IN 2022

Blockchain Gaming News
May 4, 2022 by Diana Ambolis
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Gaming on the blockchain, bitcoin gaming, play2earn, and everything else linked to it is still in its infancy. The merger of crypto, and hence blockchain technology, with gaming, seemed virtually inevitable, and now that it has occurred, it is swiftly gaining popularity. It’s easy to get lost in the shuffle with so many existing and
Best five blockchain systems to take into account in 2022

Gaming on the blockchain, bitcoin gaming, play2earn, and everything else linked to it is still in its infancy. The merger of crypto, and hence blockchain technology, with gaming, seemed virtually inevitable, and now that it has occurred, it is swiftly gaining popularity. It’s easy to get lost in the shuffle with so many existing and aspiring blockchain gaming companies and hundreds, if not thousands, of new efforts.

We’ve compiled a list of some of our favorite blockchain gaming firms — both promising newcomers and seasoned veterans who have made or will make a significant effect significantly affected.

DECENTRALAND

Decentraland is the company behind the well-known online game platform, which was launched in 2017 and now supports a variety of innovative projects. Users can use crypto tokens to buy, sell, trade, and use virtual land to decorate and show whatever they choose. It’s been utilized for virtual hangout spaces, internet commerce, and art galleries.

Decentraland aspires to create a full Metaverse — a collective shared virtual world where physical reality and virtual space link and overlap – one day. Decentraland also has an avatar system, its own collectibles, and other tools to help players personalize their homes. CryptoVoxels and Somnium Space, both land-based crypto-gaming platforms, are similar projects.

SKY MAVIS

The firm behind Axie Infinity, Sky Mavis, is arguably the most important blockchain gaming startup in the space right now. It was not only one of the first successful ones, but it has also stood the test of time, attracting large numbers of players on a regular basis. The NFTs utilized in the game, known as Axies, can be sold or traded on OpenSea, just like in other NFT-based games. Users can even breed new Axies and sell them to others.

Axie Infinity is almost identical to the Play2Earn notion – making money by playing a game is a real option in crypto-gaming. It’s actually a remarkably lucrative technique of generating money for many people, especially in third-world nations, although users usually merely make some extra cash to supplement their investment in the West.

Mythical GAMES

Another large blockchain gaming firm is Mythical Games, which is well known for the Blankos Block Party game, which was released in 2020. Small independent companies in the crypto-gaming field frequently take a community-based development approach, but Mythical Games took a different route. They didn’t issue pre-sale tokens or offer proof of concepts or alpha versions of the game, unlike a lot of other projects.

They launched their game when it was finished, and they also took a different approach to promote it: instead of emphasizing the blockchain part of it, they tried to emphasize the game’s player-led economies. That alone qualifies them for inclusion on this list!

OPEN SEA

While OpenSea isn’t a gaming firm in the traditional sense, it is an important part of the current blockchain gaming scene. Despite the fact that they don’t have their own game, OpenSea is crucial as a trading platform for blockchain gamers. Users can purchase, sell, and auction their tokens on OpenSea, which is an NFT trading platform. These coins can then be utilized in real-world blockchain games like Axie Infinity or Decentraland.

OpenSea not only allows users to purchase and sell gaming NFTs, but it also allows them to trade other forms of NFTs, such as collectibles, art content, and more. The platform’s sales have surpassed billions of dollars, with NFTs selling for astronomical prices every day.

Also, read – The Complete Guide to Blockchain Gaming and How it Could Revolutionize the Industry

ANIMOCA

This Hong Kong-based firm is easily one of the most well-known in the world, having created the Sandbox and other NFT-based titles like Crazy Kings and Crazy Defense Heroes. Unlike a lot of new companies, they already have a number of titles under their belt, including collaborations with major brands like WWE, Marvel, Power Rangers, and Formula One.

Other crypto gaming startups with whom they’ve collaborated include Dapper Labs, OpenSea, and Sky Mavis. They’ve had a lot of success with their funding rounds, and they’ve managed to integrate play-to-earn, traditional gaming, and innovative blockchain technology all under one brand. That easily qualifies them as the company to watch in 2022!