Remember when your parents used to tell you that you'd never get anywhere in the world
or be able to make a living if you spent your days playing video games?
Well, it turns out they're wrong.
There are now quite a few different professions that involve playing a video game all day.
And eventually, play-to-earn will be the dominant model in the gaming industry.
Brush up on your 360 No Scope skills
and call in your airdrops.
It's time to play to gain.
Let's get it!
Welcome to BitBoy Crypto!
Home of the BitSquad
The largest and greatest crypto community in all of the Interwebs
My name is Ben.
Everyday on this channel, I show you how to make money in crypto.
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In this video, we're going to dive into the world of play-to-earn games
and explore some of the BitSquad's favorite offerings in this space.
Giving people the ability to earn money just for playing a game
will have massive implications for the gaming industry and the world economy as a whole,
but we are still in the very early stages of this process.
Many of the play-to-earn games that are available today
have simple graphics and mechanics
just like the games that I remember from when I was a kid
because there are still some scaling limitations with blockchain technology
and until recently,
there wasn't a ton of money being invested in these games.
However, with layer 2 solutions on Ethereum and competitive layer 1s,
we now have the throughput capabilities to host active gaming economies.
We've also had games like Axie Infinity to prove that this is an area worth investing in.
Now, billions of dollars are being invested in blockchain gaming startups,
and developers are working to build the next generation of play-to-earn games.
Many of the most anticipated games in this space are still in development.
Some of them might not be released for another few years.
But there are still plenty of games that you can start making money with today.
Axie Infinity is without a doubt the most recognized game in crypto gaming,
but there's already a ton of coverage out there on this game,
and you'll need a minimum of at least $500 to start playing
if you aren't able to get a scholarship,
so instead we'll cover some of the games that have a lower barrier to entry
and that may not have gotten as much attention as Axie has this year.
Gods Unchained is a card game similar to Axie Infinity
that was released around the same time in 2018.
Gods Unchained has a smaller user base than Axie Infinity,
and the payouts have traditionally been much smaller as well.
But that is starting to change after two massive airdrops received by the community
which gave early supporters tens of thousands of dollars
and generated a ton of new hype for the game.
It has already introduced a new play-to-earn mechanic
that could help players get more value out of their time spent in the game.
However, the fact that so many people continue to play Gods Unchained
even though the payouts started out low,
it just shows that this team has created a game
that is actually fun to play and has an appeal beyond just the play-to-earn features.
Regular players of Gods Unchained were recently treated to two large airdrops
just for playing the game and trading the cards.
In the last month alone,
Gods Unchained players were airdropped the IMX token
because Gods Unchained is launching on the Immutable X layer 2 network.
Later, they were also airdropped
the Gods Unchained GODS governance tokens around the same time.
Between both tokens, the airdrop amounted to tens of thousands of dollars for many users.
Most gamers say that Gods Unchained is much more competitive than Axie Infinity,
requiring more effort and skill from players.
Unlike Axie Infinity, Gods Unchained is actually free to play,
so the financial barrier to entry is very low,
but there are more intensive hardware requirements.
In order to play Gods Unchained,
you will need to download a desktop application
that requires a high performance laptop or home computer to run properly.
There are plans for a mobile app in the future,
but no specific date has been announced for that yet.
Another popular crypto card game called Splinterlands is probably one of the most accessible
because it doesn't cost much to get involved
and the hardware requirements are minimal.
It can be played on both mobile devices and in desktop browsers,
and a starter deck of cards will only set you back about $10.
Back in September,
Taylor Carmichael of The Motley Fool wrote
about how he ended up building a deck worth over $12,000
with just a $10 dollar investment on a starter deck.
It took him over a year to build this expensive collection,
but $12,000 is life-changing money for some people,
especially in third world countries,
even if it takes a year or so to accumulate.
Splinterlands is also running a year-long airdrop for people who participate in the game economy.
If you buy and hold Dark Energy Crystals,
the game's primary currency,
you will be awarded a proportional amount of SPS governance tokens every single day
for the next several months.
Don't ever spit on another man's crystals.
The power level of your card deck will also factor into the size of your airdrop.
For the next month,
Splinterlands is running the Chaos Legion event,
where an entirely new deck of cards is up for grabs.
If you decide that you want to buy one of the card packs to open yourself
and take your chances on landing a rare card,
make sure you buy some potions first.
They only cost a few cents a piece!
And they increase your chances of getting a high ranking card.
One of the super cool things about Splinterlands is that it is very easy for a casual player
to jump in and understand the game because all you need to do is pick your cards
and then the game battles your opponent automatically.
The outcome of the match is determined when you pick your cards.
You can even skip ahead to the end of the game
if you already have a good idea about what the results are going to be.
But watching games is a good way to learn and develop strategies,
so don't take advantage of that feature too much.
Another game to check out is Blankos Block Party,
which just entered its open beta phase earlier this month
after several months of limited access for early supporters.
Blankos' graphics and gameplay are really impressive compared to most of the other options in the space.
It actually looks a lot like something you would find on Xbox or PlayStation,
where you can compete against other players in a variety of different minigames.
This means that you'll need a high performance computer in order to play.
The maps in this game have been created by the community,
and you can create your own map if you want to as well.
Eventually, players will be able to contribute to experience by making their own games,
but for now, there are a few standard types of matches---
races, shooters and vibe collectors.
The names for these are pretty self-explanatory.
In races, you race opponents through a course.
In the shooters, you battle opponents in a shooter style game.
And in vibe collector,
you try to collect as many items as you possibly can in a limited time.
This game has some big backers,
including a16z,
one of the biggest investment firms in crypto,
who recently invested $150 million in Mythical Games,
the company behind Blankos Block Party.
The firm gave the company a staggering $1.25 billion valuation,
so you can be sure that this game will have a ton of hype and support behind it.
A few honorable mentions to this list would have to be The Sandbox and Coin League,
two projects that we have talked about on this channel a lot over the past year.
The Sandbox will soon be releasing its full game and rolling out the play-to-earn mechanics.
A small group of players are currently experimenting in an alpha demo version of The Sandbox,
and the reviews have been overwhelmingly positive.
Coin League is another play-to-earn game that we've talked about a lot here on this channel.
This is a price prediction game similar to Fantasy Football,
but you're predicting asset prices for crypto assets
instead of winners and losers of football games.
Coin League runs on Polygon,
so that makes it dirt cheap to get in to.
With all the wild market swings happening lately,
the competition on Coin League has been getting fierce.
Check out our full review of Coin League by clicking above.
Play-to-earn gaming is a paradigm shift in not just the gaming industry
but also how blockchain will be developed.
It's an avenue for mass adoption because it bridges the gap
between young hardcore gamers and casual gamers to get into crypto.
The next five years are going to see explosive adoption,
and the potential for bear market gains is very high.
Don't miss out on these and other gaming tokens.
That's all I got.
Be blessed.
BitBoy out.