TL;DR 

Introduction

Blockchain technology in gaming is continuing to evolve, having introduced unique innovations in the form of gaming tokens. These digital assets have transformed the gaming industry, offering players exciting new ways to engage with games and their communities.

In this educational piece, we will take a closer look at gaming tokens, their relationship with NFTs, and some of 2023’s most searched-for gaming tokens so far.

What's A Gaming Token?

A gaming token is a digital currency or asset — typically created on a blockchain network — that’s specifically designed for use within a gaming ecosystem. Gaming tokens play a vital role in the growing world of blockchain gaming, acting as digital currencies and assets within these games.

These tokens can be used to purchase in-game items, access additional features, or earn rewards through gameplay. By utilizing blockchain technology and cryptocurrency, gaming tokens can provide transparency, security, and easy transferability of digital assets.

What Makes for a Good Crypto Game?

A good crypto game should not only have impressive visuals but also engaging gameplay. This means it should be fun to play and not just a vehicle for tokenization. A crypto game’s token aspect should therefore be a natural extension of the game, not something that feels forced.

In addition to strong gameplay mechanics, a crypto game should also have a well-defined token economy that’s well-balanced, with clear rules for how tokens are earned and spent. Furthermore, players should be able to understand how the game's economy works and how they can participate in it without being taken advantage of.

A good game should be built on a blockchain with robust security measures to protect players' assets and prevent cheating. This is especially important because in-game assets can have real value, much like a piece of gold or physical work of art. While in-game assets are digital and essentially pixels on a screen, that doesn't mean they aren't real.

A successful crypto game should also plan for longevity, which means the developers should have a roadmap for the game's future development, with regular updates and new content releases. Similarly, the game should be scalable, potentially attracting new players and expanding its user base as it grows.

The Relationship between NFTs and Gaming Tokens

NFTs and gaming tokens often work together to bring unique value and utility to online gaming platforms. NFTs are used to represent unique digital assets, such as in-game characters, items, or virtual land. They can be bought, sold, or traded using gaming tokens, which act as native currencies on gaming platforms.

The relationship between NFTs and gaming tokens is becoming increasingly prominent, enabling unique and valuable digital assets to be traded using gaming tokens. Now, we’ll explore some of the most searched-for gaming tokens in 2023 so far:

1. BCOIN (Bomb Crypto)

Bomb Crypto is an NFT-based play-to-earn (P2E) game on the BNB Chain, featuring pixelated bomber heroes players can manage, explore, and use in battle against monsters and bosses to earn BCOIN.

In Adventure mode, players select a bomber hero they can upgrade by defeating monsters at each level. Additionally, players can engage in bomb battles with others by wagering BCOIN, with the winner taking the loser's stake.

The game also includes rescue missions, where players can find and salvage damaged heroes on special maps. Bomb Crypto has already launched rescue missions and a native NFT marketplace, allowing players to trade their bombers. Future plans for the game include new story mode levels, quests, battle modes, and player-versus-player (PvP) maps.

2. SAND (The Sandbox)

The Sandbox is a virtual gaming universe built on the Ethereum blockchain and based on two primary tokens, SAND and LAND. It allows users to create, own, and monetize digital assets and experiences within its virtual boundaries, including virtual landscapes and activities such as concerts.

In addition, the platform enables users to be both creators and consumers, allowing them to benefit from their own creations. Users can also explore new virtual spaces and meet other users. The Sandbox has gained popularity due to its decentralized nature and the creative freedom it offers users.

3. SPG (Space Crypto)

Space Crypto is a P2E metaverse game on the BNB Chain that features a space theme. Players assume the role of a space guardian, defending the metaverse against evil bosses. It’s currently available as a web-based game, with Android and iOS versions in development.

Players can participate in various gameplay modes, including Boss Battle, Raid mode, and PvP tournaments. They can even rent out virtual land as landlords, and all in-game assets are NFTs that can be traded or rented out. Players can earn the game's native token, SPG, by playing Space Crypto; they can then spend it on new in-game assets, such as spaceships or virtual land.

4. CPAN (CryptoPlanes)

CryptoPlanes is a plane-themed P2E game on the BNB Chain that was developed by the same team behind CryptoCars. The game expands on CryptoCars’ gameplay style, introducing new plane-themed experiences and game modes such as player-versus-environment (PvE), P2P, and planes-versus-cars battles.

Players can earn experience points and CPAN tokens, which they can use to acquire new equipment and planes, or cash out for real currency. All the planes in CryptoPlanes are NFTs, representing unique and valuable assets on the blockchain.

5. ROY (Crypto Royale)

Crypto Royale is a browser-based, free-to-play P2E game where players compete for fame and glory in a last-man-standing competition to win crypto. The game requires no upfront investment, downloads, or signups; it allows players to join a game in just 30 seconds to compete for victory. Crypto Royale is designed to be simple to play, yet challenging to master.

6. CGAR (CryptoGuards)

CryptoGuards is the third project in the CryptoCity Metaverse, after CryptoCars and CryptoPlanes. In this game, aliens invade the Metaverse to dismantle cars and search for green fuel. The citizens struggle to fight back and robot cat Neik hides in a remote area to build advanced robots that will protect the town.

7. CCAR (Crypto Cars)

Crypto Cars is a car-themed P2E game on the BNB Chain, inspired by the 2006 animated Pixar movie Cars. The game primarily targets male players and offers various racing modes, such as a virtual racing simulator, PvE racing, and PvP racing. Players can also upgrade and trade cars on the game's marketplace.

By participating in the different gameplay modes, players can earn experience points and CCAR, CryptoCars’ in-game currency. Additionally, players with sufficient capital can purchase a car workshop, which represents virtual real estate in the form of an NFT. These workshops enable players to earn CCAR through the provision of workshop services, such as refueling and staking.

8. GODZ (CryptoGodz)

CryptoGodz is a peer-to-peer (P2P) NFT gaming universe inspired by the popular game DOTA 2; it uses an Oracle system to balance game rewards and minting. The platform allows players to collect, trade, and battle with unique NFT characters, participate in various gameplay modes, and earn rewards through their performance.

Closing Thoughts

Gaming tokens and NFTs have revolutionized the gaming industry, offering players new ways to engage with their favorite games and virtual worlds. These digital assets provide unique opportunities for players to own and trade in-game items, earn rewards through gameplay, and connect with vibrant gaming communities.

As the world of blockchain in gaming continues to evolve, it's exciting to see what the future holds for gaming tokens and the innovative experiences they offer gamers.

Read more: https://academy.binance.com/en/articles/8-gaming-tokens-shaping-the-future-of-play