Next-Gen GameFi Tokens: Moshnake, Decentraland, Axie Infinity
Moshnake (MSH), Decentraland (MANA), and Axie Infinity (AXS) are next-gen GameFi tokens that could dramatically increase the growing popularity of blockchain gaming.
Interest in blockchain gaming doubled over the past year, and popular gaming cryptocurrencies, Decentraland (MANA) and Axie Infinity (AXS), are leading the way. Also, the new cryptocurrency, Moshnake (MSH), plans to bring back fond memories of old-time classics with a touch of new generation gaming.
Another exciting aspect of these three tokens is their integration of GameFi (Play-to-Earn), which allows players to earn while creating or playing their favourite games. This guide will evaluate these three gaming tokens, how to earn them, and what you can use them for.
Moshnake (MSH) is a new Play-to-Earn gaming platform built on the Binance Smart Chain. It is a community-led game that intends to revive the all-time classic and legendary snake game with a touch of NFTs.
Moshnake (MSH) allows players to rekindle old memories of 2D games while earning money via tokens and NFTs.
To play the game, each player must purchase their Moshnake NFT snake and navigate it to feed the various eggs and in-game NFT items scattered throughout the arena.
The game also has two modes: PVE and PVP. Therefore, players can battle with their friends (two vs two) or with the 4-player arena.
The Moshnake ecosystem operates using the two native BEP-20 tokens: Moshnake (MSH) token and Venom (VEN) token. These tokens facilitate the GameFi feature of the classic game — the VEN token is used for trading in-game items and Moshnake NFTs in the marketplace. Players also earn VEN tokens when they play on the platform.
On the other hand, the MSH token facilitates the governance of the gaming platform. Players are required to own both tokens before they can start playing.
Thanks to the Binance Smart Chain, players can trade the MSH tokens on major CEXs using ETH or USDT. The MSH tokens also facilitate super-fast and super-cheap transactions.
Decentraland (MANA) is a 3D metaverse gaming platform on the Ethereum blockchain. The intriguing metaverse popularized the famous virtual game.
Its ecosystem allows creators to build, own, and trade interactive gaming experiences for platform users (players). These creators can buy LAND assets and convert them into games, art galleries, and museums, among others, along with different NFT items.
Meanwhile, other users (players) can explore these creations, play games to win NFT prizes, and interact with each other.
MANA is the native token that supports transactions on Decentraland (MANA). It facilitates LAND purchases and other items — such as game avatars, collectibles, and clothing — in the marketplace. The Decentraland (MANA) marketplace is notable for its varied and unique NFT offerings, leading to the increased value of the MANA tokens.
Decentraland (MANA) also operates as one of the best DAOs in the metaverse. Its MANA token holders get to contribute to the gaming platform’s governance and decide on the various features being developed on the platform.
The Decentraland (MANA) gaming platform has hosted many events that attracted several next-gen gaming enthusiasts seeking ways to earn in the growing Metaverse world.
Axie Infinity (AXS) is among the best blockchain gaming platforms to enter the crypto space. The platform allows players to collect, breed, train, and trade game creatures called Axies.
These Axies are of different types and forms, with over 500 available body parts bred together to produce rare and unique Axie forms. Players on the platform can then battle individually or in teams using these Axies to win rewards.
As a play-to-earn gaming platform, players can sell their Axies and NFTs and redeem other in-game items in the marketplace.
The Axie Infinity Shards (AXS) are the unique governance tokens in the Axie Infinity community. These ERC-20 tokens allow holders to vote on different proposals and contribute their opinions on using treasury funds. AXS tokens are available on major exchanges like Binance and Coinbase.
Axie Infinity is among the earliest P2E games and has amassed a wide following, with a current market cap of about $83 million at the time of writing.
Gaming tokens like Moshnake (MSH), Decentraland (MANA), and Axie Infinity (AXS) allow players to own and trade tokens and NFTs while playing games. These GameFi tokens attract crypto users and gamers, further increasing their value in the cryptocurrency market.
Visit the link below to participate in the Moshnake (MSH) token presales