2021 can be said to be a strong development year for the NFT game genre. With pioneering names that have achieved great success like Axie Infinity, The Sandbox or Decentraland, many gamers have changed their lives thanks to the wave of NFT games.
However, in the mixed gold market, besides the well-invested and good NFT games, there are still scam projects, created just to “suck blood” gamers. Therefore, gamers or investors need to learn carefully about the project before deciding to spend money to participate.
Here are 5 NFT game projects with the largest market capitalization in the world at the moment. Players can rest assured to invest without fear of being scammed or “robbed”.
1. Decentraland (MANA)
Market capitalization: 6 billion USD
Decentraland launched in 2017 is a virtual reality game running on the Ethereum blockchain platform. This game is basically a miniature society where you can build your character and join a virtual society. You can buy land, buy cars, build houses, participate in game events… For ease of visualization, you can feel it’s similar to The Sim operated on Ethereum’s blockchain system.
2. Axie Infinity (AXS)
Market capitalization: $5.8 billion
Axie Infinity is a Blockchain game (NFT Gaming) built on Loom Network. In the game, players will collect and nurture imaginary creatures called Axies. Similar to when playing Pokémon GO, you can do quests to collect Axies, team up to fight, and buy & sell Axies with other players.
All of Axie Infinity’s art assets and data are easily accessible by 3rd parties, allowing community developers to build their own tools and experiences in the universe. Axie Infinity pillar.
3. Sandbox (SAND)
Market capitalization: $5.23 billion
The Sandbox is a virtual world where users can build and monetize their gaming experiences on the Ethereum network. And the core of this world is the SAND token. Players can create digital assets in the form of NFTs (roughly translated as Exchangeable Tokens), transfer these assets to the marketplace and integrate into games with Game Maker.
In addition, the ecosystem also has the concept of LAND. LAND is a digital real estate entity in the Sandbox world. Once players own LANDs, they can use them to integrate into the game and ASSETS. Multiple LANDs combined can create an ESTATE.
4. Gala (GALA)
Market capitalization: $3.1 billion
Gala Games is a platform that builds a series of blockchain-powered games, each of which provides players with real ownership of their in-game items through the use of tokens. non-replaceable (NFT).
Gala Games is a bit like the Steam store or GOG, in that it has a huge variety of games for users to choose from and play. However, unlike these stores, all games are 100% free to play and accessed via blockchain through a decentralized application (DApp).
5. Enjin Coin (ENJ)
Market capitalization: 2.4 billion USD
Enjin Coin or ENJ is a cryptocurrency and blockchain platform designed for the gaming industry. From the beginning of 2020 until now, Enjin Coin has experienced quite strong price increases.
The project was created on the Ethereum blockchain by Enjin, a company that helps more than 20 million gamers create sandbox forums and communities around their favorite games. Enjin Coin (ENJ) expands the platform into a blockchain game development tool.
The Enjin Coin platform also incorporates ERC-1155 smart contracts, which act as a hybrid between ERC-20 and ERC-721. This creates an efficient platform for blockchain game design and will make Enjin Coin (Enj) the blockchain version of Unreal Engine.