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Top 5 Gaming Coins Dominating Web3: The Future of Play-to-Earn

CFN Feature Crypto
  • Ronin Blockchain dominates Web3 gaming with 250K daily users, $5B TVL, and 15% of NFT market share, driving scalable blockchain adoption.
  • Axie Infinity fuels NFT gaming growth with AXS & SLP, allowing players to battle, breed Axies, and earn rewards in a Pokémon-like experience.
  • BinaryX expands GameFi with CyberDragon, CyberArena, and CyberChess, offering Web2 devs IGOs for seamless Web3 gaming integration.

The Web3 gaming revolution is here! From Ronin’s unmatched scalability to Axie Infinity’s NFT-driven battles and BinaryX’s GameFi innovations, these top blockchain gaming projects are redefining the industry

Ronin(RON) Blockchain Expands Influence in Web3 Gaming

Current price: $1.10

Market cap: $681.41M

Ronin (RON) established itself as the leading EVM-based blockchain that gaming developers choose for Web3 applications. Ronin achieved scalability through its development by Sky Mavis and supports millions of users daily. The blockchain demonstrates its operational effectiveness by processing NFT transactions worth more than $4 billion without charging excessive fees.

The Ronin network established 250,000 unique daily active addresses and generated $5 billion in total value locked (TVL) during its existence while obtaining more than 2 million wallet downloads. The platform supports NFT market transactions comprising 15% of the market share and maintains Katana as one of the top decentralized exchange solutions through its frequent user base.

Axie Infinity(AXS) Continued Expansion

Current price: $4.16

Market cap: $659.21M

Axie Infinity operates as an NFT gaming leader through its blockchain-based trading game that releases the AXS token. Axie Infinity serves as a blockchain game that allows users to obtain Axies which function as NFTs that players can utilize for battles but also breed for new Axies in mode similar to Pokémon and Tamagotchi.

The game rewards Small Love Potion (SLP) tokens to players who can use these tokens for new Axie breeding. Seven is the maximum limit of Axie breeding established by the game system for maintaining balance.

BinaryX(BNX) Supports GameFi Growth

Current price: $0.4923

Market cap: $183.43M

The BinaryX platform shifted its focus from running a decentralized derivatives trading platform to establishing a GameFi-focused ecosystem. BinaryX provides blockchain game development services together with infrastructure solutions and decentralized autonomous organization governance and executes community programs.

BinaryX delivered its popular BNB Chain games CyberDragon and CyberArena to the market. The platform released CyberChess in September 2022 which represents an auto-battler strategy game using the play-and-earn gameplay mechanism. Users can leverage Initial Game Offerings (IGOs) through the platform for Web2 developers wishing to integrate with Web3 gaming.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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