How to Earn Playing Crypto Games - Simple Passive Income (2024)

Blockchain technology came into the scene and sparked a revolution in the gaming industry; the crypto gaming industry has given the gaming industry value worth billions of dollars. The industry is worth this much because the integration of blockchain technology has enabled NFT trading in the ecosystem, and gaming platforms now pay users for playing crypto games.

In the crypto gaming industry, games that give players the chance to have fun, like organizing battles, building characters in the game, completing missions, and so on, are called Play-to-Earn crypto games.

They are play-to-earn games because players receive currencies in the crypto game for playing. Players can also use these in-game currencies to buy Non Fungible Tokens or can move these currencies directly into their digital wallets. When players move the assets into their digital wallets, they can decide to trade these in-game currencies for fiats from their wallets. They convert these cryptocurrencies to fiat money and use them to pay for things in the real world.

This method is how players receive payment for playing these games. This payment is one among the many incentives these gaming platforms give players to encourage them to play more games on their platforms. These incentives are why the crypto gaming industry is gaining so much popularity.

Therefore, let’s explore further the platforms that can reward players for playing crypto games daily. These crypto gaming companies trade values worth millions of dollars every day. If you are new to the crypto gaming industry, please read our previous article on the Metaverse and NFTs.

Top Crypto Play to Earn Gaming Platforms of 2022

How to Earn Playing Crypto Games - Simple Passive Income (1)

In the blockchain gaming ecosystem today, there is a lot of play to earn games. In this article, we will be looking at the top six.

Axie Infinity Play to Earn Crypto Game

Axie Infinity is a trade and battle game. The play-to-earn game rewards players with Axies. Axies is an NFT minted on the Ethereum blockchain. Players can decide what they want to do with the NFTs. Players can raise, breed, battle against, and trade with other players online.

Players can choose from a pool of Axies, and users can carry out unlimited customizations on any Axie they decide to use. Players earn love portions when they win battles against others and can trade the love for AXS tokens.

Axie Infinity has over eight million active players. Daily, Axie Infinity records over one million players playing on the platform. This play-to-earn crypto game has become so lucrative that it now powers crypto asset-based digital economies in the Southeastern parts of Asia like Vietnam and the Philippines.

The supply of AXS in circulation on the first of April was about 70 million. That amount was 23% of the total supply. The price of a single AXS share is $66.

Decentraland Play to Earn Crypto Game

This gaming platform is a virtual reality gaming platform. Players in Decentraland can build their 3D world, acquire lands and properties, and turn them into anything they decide in the Decentraland. A player can choose to buy a land or a property and then transform the land or property into another play to earn crypto game, residence, or even a shopping mall that is open for business.

To get into Decentraland as a player, you will need to get an Ethereum wallet. With the Ethereum wallet, you will be able to buy the native currency of Decentraland, MANA. MANA is the digital currency that players use to participate and carry out transactions in this crypto game.

There are about 2 Billion MANA coins in circulation currently, and the MANA’s single share is a little above $2.66.

Plant vs. Undead Play to Earn Crypto Game

If you are a fan of non-combat gaming, you might fall in love with this play-to-earn game. Plant vs. Undead is a farming crypto game. In this crypto game, you have to provide LE (Light Energy) to progress. The currency players use in the Plant vs. Undead game is Light Energy. You can convert your rewards (Light Energy) into PVU (Plants vs. Undead) tokens. PVU tokens are tradable in many decentralized exchanges.

You can also get plant NFTs in this crypto game and from selling them for gains, although the value of these plants’ NFTs is not the same. The NFTs are valued based on how rare or popular they are in this play-to-earn game.

Now here is why I said this game is not a combat game. Although it is a farming crypto game, it has a touch of combat. This touch of warfare is where you have to defend your treasured plants. As much as this happens, it is not the aim of this crypto game. The crypto game primarily deals with players harvesting crops, making your farm look good, and carrying out other quests in this play-to-earn game.

Alien Worlds Play to Earn Crypto Game

How to Earn Playing Crypto Games - Simple Passive Income (2)

This game is a play-to-earn game with a premise of simplicity. All players need to do is to mine, play and keep upgrading. You will keep creating experiences in the crypto game as you mine. Alien Worlds is a futuristic sci-fi adventure game. In this play-to-earn game, players capture alien creatures and use them to mine and discover different items. As a player, your chances of winning increase with consistent upgrades.

The official in-game currency of Alien World is Trillium (TLM) token. Trillium is a cryptocurrency that Alien Worlds rewards players with when they win. Players can use this token for trading NFTs with one another, fulfilling missions, and winning battles. To get started with Alien World as a player, you will need some TLM deposits, tools for mining, and land on which you will mine.

The Sandbox Play to Earn Crypto Game

Sandbox is a play-to-earn crypto game that runs on blockchain technology. This play-to-earn crypto game allows users to craft, build, navigate and survive in its metaverse. The metaverse of the Sandbox is a metaverse of blocks. Players playing the Sandbox game can buy land (lands are NFTs in the Sandbox metaverse). Therefore, you can build houses or castles on various lands you will buy. You can also go on missions and quests and get rewarded with the native currency of the metaverse. The native token of the Sandbox is SAND TOKEN.

With survival skills, strategy, and creativity, you can participate actively on the Sandbox platform, sell NFTs, and buy. As a player, you will reach higher levels in the Sandbox metaverse by developing more properties in the Sandbox metaverse.

Gods Unchained Play to Earn Crypto Game

The same team responsible for Immutable X backs up this crypto game. Immutable X is the layer-2 scaling solution for Ethereum. The Ethereum blockchain powers this play-to-earn game, and you will play the crypto game using Immutable X.

The Immutable X is a platform for trading peer-to-peer dApps. Peer-to-peer trading in Immutable X is fast ( it can process up to 9000 transactions every second). Apart from Immutable X being fast, trading on the platform is free.

The current crypto game director for Gods Unchained is Chris Clay. He was the former game director for Magic the Gathering. Gods Unchained is a trading game, the elements that players of Gods Unchained trade are Cards (deck of cards, genesis cards, and core cards).

Players of Gods Unchained combat each other using one or more of these cards. You can earn core cards for free as a player. By just playing the games, you will freely earn core cards.

Also, as a player, you can buy packs of cards, and with these cards, you can skip the process that will require you to grind excessively to progress. These cards are currently not in production again, and the crypto gaming platform sold these cards before launching the game. Therefore, you will have to buy from other players who have the cards if you want the card. You can buy all the cards that you can use to play this game in the Immutable X marketplace. You can also sell the cards you have there too.

Immutable X marketplace’s native trading currency is Ethereum. Therefore, to use Immutable X, you will need to open a wallet with MetaMask, or any platform that supports Ethereum. The status and popularity of every card are different. Their differences account for their different values. The more popular a card is, the lesser its worth will be.

Let me give you an example of what I am saying. One of the rarest cards in Gods Unchained in 2019 was the Unchained Mythic card. Because the card is rare, a player sold the card for 210 Ether worth $31000 then.

As a new player, you need to register to start playing this crypto game. Registering as a player on Gods Unchained will mean you will have to open an account on the crypto gaming platform. As soon as you register as a new player, you will get free cards to begin.

The currency token for Gods Unchained is the GODS token. This token is an Ethereum Based Token. With GODS, you can design NFTs, go to the marketplace in Gods Unchained and buy packs. You can even get rewarded for storing your GODS token in Immutable X.

Also, with the GODS token, you have the power to vote for the leadership that will determine the future development of the platform. GODS coins are currently worth $6.69. It is the most valuable crypto gaming token in the ecosystem, so it is worth your time.

How to Earn Playing Crypto Games - Simple Passive Income (2024)

FAQs

How do you earn passive income in crypto? ›

The crypto market presents many unique ways to earn a passive income. Whether through revenue sharing, passive staking, airdrops, liquidity provision, or fees earned, there are hundreds of ways to make a passive income with blockchain technology.

How can I earn cryptocurrency by playing games? ›

Some common methods are:
  • Trading in-game tokens earned through achievements or as a reward for other cryptocurrencies or fiat money on exchanges and marketplaces.
  • Collecting NFTs that represent unique game items or characters and selling them.
6 days ago

How do you make passive income for gaming? ›

One of the most popular ways to monetize your gaming skills is by live streaming on platforms like Twitch. With a growing audience, you can earn money through ad revenue, donations, and subscriptions from your viewers.

What is the most profitable play to earn game? ›

1. Axie Infinity. Axie Infinity is an immensely popular play to earn game that lets players earn crypto while playing a Pokémon-style game. The creature battler P2E game requires players to breed and raise Axies, which can then be used for battle.

Can you make $100 a day with crypto? ›

It is possible to make $100 per day, but there is no guarantee or specific technique you can use to ensure it happens. Cryptocurrency trading, lending, staking, and investing all come with significant risks because it is such a volatile and unpredictable asset.

How to make money with crypto for beginners? ›

8 Proven Ways for Making Money with Crypto
  1. Mining. The most common way to make money with crypto is through mining. ...
  2. Staking. ...
  3. Trading. ...
  4. Investing. ...
  5. Lending. ...
  6. Earning Interest. ...
  7. Affiliate Programs. ...
  8. ICOs.

What is the best app to make money playing games? ›

Top 'get paid to play' apps & websites
  • Mistplay – Android only, huge range of games. ...
  • JustPlay – Android only, fast payout but limited selection of games. ...
  • Swagbucks – Android and iPhone, variety of ways to earn. ...
  • Cash'em All – Android only, fast payout but limited selection of games.
Apr 30, 2024

What is the best play to earn crypto? ›

Let's take a closer look at some of the best play to earn games that have gained popularity among gamers:
  1. Big Time. Big Time is a revolutionary role-playing game immersing players in the captivating world of Time's End. ...
  2. Axie Infinity. ...
  3. The Sandbox. ...
  4. Decentraland. ...
  5. Splinterlands. ...
  6. Illuvium. ...
  7. Revv Racing. ...
  8. Battle of Guardians.

How to get free crypto currency? ›

Let's explore them all.
  1. Learn and Earn Platforms. Learn and Earn platforms are a great way to earn free crypto while also gaining knowledge about the industry. ...
  2. Airdrops. ...
  3. Play-To-Earn Games. ...
  4. Cryptocurrency Dividends. ...
  5. Credit Cards. ...
  6. Referral Bonuses. ...
  7. Browser and Search Engine Rewards. ...
  8. Conclusion.

How to earn $1,000 a month passive? ›

Passive Income: 7 Ways To Make an Extra $1,000 a Month
  1. Buy US Treasuries. U.S. Treasuries are still paying attractive yields on short-term investments. ...
  2. Rent Out Your Yard. ...
  3. Rent Out Your Car. ...
  4. Rental Real Estate. ...
  5. Publish an E-Book. ...
  6. Become an Affiliate. ...
  7. Sell an Online Course. ...
  8. Bottom Line.
Apr 18, 2024

Is gambling passive income? ›

Passive income includes some income from rental properties and other assets that generate income without a lot of maintenance. Unemployment income and gambling winnings are also considered unearned income.

Which is the No 1 game to earn money? ›

Here Is The 2024 List of Top 40+ Real Money Earning Games
Game NameMoney EarningType
Online Sudoku₹51- ₹71 DailyBoard Game
Egg Toss By Big Cash₹21- ₹3500 DailyCasual Game
Online Spades₹21- ₹35 DailyCard Game
Online Monopoly (with Real Money)variesBoard Game
40 more rows

Which online games have most profit? ›

Video Games

With revenues of $1.58 billion in 2023, Honor of Kings is the most successful game available for smartphones and tablets, according to AppMagic data, followed by PUBG Mobile with $1.17 billion and Genshin Impact with 960 million.

How do I get free NFT? ›

There are several ways to obtain free NFTs. The best and most common ways to get free NFTs are airdrops, community giveaways, playing games, breeding, and minting NFTs.

Is crypto currency passive income? ›

Even without fully understanding the ins and outs of how crypto staking works, you can earn passive income in the form of additional coins. A blockchain network may offer a reward of, say, 5%, meaning if you stake 100 coins, you'll be rewarded with five additional ones.

How do you make passive income on Coinbase? ›

Coinbase offers interest rewards to customers who hold USDC — a stablecoin created by Coinbase that is pegged to the U.S. dollar. At the time of writing, Coinbase offers 4.6% interest rewards on USDC — making it a great way to earn a passive income.

Is crypto passive income taxable? ›

Crypto staking rewards are considered taxable income subject to income tax. Income is recognized when you have 'dominion and control' over your staking rewards.

How to earn money in crypto without investment? ›

Let's explore them all.
  1. Learn and Earn Platforms. Learn and Earn platforms are a great way to earn free crypto while also gaining knowledge about the industry. ...
  2. Airdrops. ...
  3. Play-To-Earn Games. ...
  4. Cryptocurrency Dividends. ...
  5. Credit Cards. ...
  6. Referral Bonuses. ...
  7. Browser and Search Engine Rewards. ...
  8. Conclusion.

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