Play-to-Earn
Play-to-Earn tokens are cryptocurrencies that reward users for playing games.
Top gainers this week
Top losers this week
6 days at the top this week: $NAKA is dominating the category
$PYRO +38 places this week
$PSI -34 places this week
Up 31 places this week, $BETS is gaining ground
$$TAP sank to a 6 gem score this week
$NAKA hit a gem score of 76 this week
46 tokens rose and 63 fell this week
$MAVIA +71 places this month
Frequently asked questions
How has Play-to-Earn performed recently?
The Play-to-Earn category shows mixed activity in the past month. Over 30 days, 85 tokens advanced while 24 declined, with Heroes of Mavia (MAVIA), TG Casino (TGC), and Arrland (RUM) among the top climbers. Over the last 7 days, breadth was more balanced with 53 tokens up and 56 down. Nakamoto.Games (NAKA) was a strong performer, leading the 7-day and 30-day score extremes with a score of 76.1936 and maintaining a 5-day streak. OasisSwap (PSI) recorded the minimum 30-day score of 0.0, while Tapcoin ($TAP) had the minimum 7-day score of 5.7051. Axie Infinity Shard (AXS) exited the top k list in both timeframes, while Nakamoto.Games (NAKA) was a top k entrant in both.
What are Play-to-Earn tokens?
Play-to-Earn (P2E) tokens are a type of cryptocurrency integrated into blockchain-based games, allowing players to earn rewards with real-world value through gameplay.
How do Play-to-Earn games work?
In Play-to-Earn games, players can earn tokens, NFTs, or other digital assets by completing quests, winning battles, trading items, or contributing to the game's ecosystem. These earned assets can often be sold or traded on secondary markets.
What are the benefits of Play-to-Earn tokens?
Benefits include the potential to earn cryptocurrency or digital assets, ownership of in-game items as NFTs, and participation in decentralized gaming economies. They can also offer new ways for players to engage with games.
What risks are associated with Play-to-Earn tokens?
Risks can include market volatility affecting the value of earned tokens, the speculative nature of new projects, potential for rug pulls or scams, and the need to understand blockchain technology and cryptocurrency wallets.
How do I get started with Play-to-Earn games?
To get started, you typically need a cryptocurrency wallet and some initial cryptocurrency to purchase in-game NFTs or tokens, depending on the specific game. Researching the game's mechanics and community is also advisable.