Did you know blockchain gaming activity experienced an astounding 2000% increase between 2021 and 2022? Despite challenging economic conditions, blockchain gaming has proven to be a reliable asset, attracting over $2.5 billion in investment from venture capitalists and global investors.

The development efforts for gaming decentralized applications (dApps) are rapidly expanding, and the metaverse ecosystem offers numerous opportunities for games to thrive in the blockchain world. Financial institutions predict that the rapidly growing decentralized metaverse has the potential to become a leading force in the $8 trillion industry.

Blockchain gaming is poised for a promising future after successfully navigating the crypto winter of 2022. This is the perfect moment to seize the opportunity and join the exciting world of blockchain gaming.

In this article, we will introduce you to the top 5 blockchain gaming platforms that are making a name for themselves in this industry.

1. Elfin Kingdom Games

Elfin Kingdom Games is a decentralized gaming NFT ecosystem built on the Binance Smart Chain, offering a one-stop destination for game developers and players alike. Dubbed as the “Disney World of Web3”, the platform offers an interconnected virtual world where users can create, own, and earn from uniquely crafted gaming experiences. The ecosystem revolves around the $ELFIN token, which serves as the currency and resource used in various games within the Elfin Kingdom Metaverse.

Through their Elfin Arcade and IFO platform. Elfin Kingdom Games seek to revolutionize the funding landscape for gaming and metaverse projects.

With the Elfin Creators Program, they aim to empower builders in unprecedented ways. By granting access to a dynamic ecosystem and a thriving web3 gaming community, the Elfin ecosystem enables game developers to collaborate with like-minded creators and work together towards shared objectives.

Currently, several campaigns are live on the platform.  

1.  The Elfin Creator programme invites global creative minds to unleash their flair using the best AI tools and win attractive rewards. 
2. Web3 buffs can also learn more about the Web3 gaming ecosystem and get a chance to win ELFIN tokens on their weekly Twitter spaces: ELFIN Happy Hour.

Elfin Kingdom Games seeks to bring more such campaigns soon.

2. Decentraland

Decentraland is a browser-based 3D virtual world powered by the Ethereum blockchain. Users can buy, develop, and monetize virtual plots of land as NFTs using MANA cryptocurrency. The platform allows designers to create and sell clothes, accessories, and other virtual items for avatars. By combining gaming, social networking, and the NFT marketplace, Decentraland has created a unique and dynamic environment for users to interact and engage in.

3. The Sandbox

The Sandbox is a user-generated gaming platform built on the Ethereum blockchain. It consists of three main components: a Voxel editor software (Vox Edit), a Marketplace, and the Game Maker. This integrated suite of products offers a comprehensive experience for creating, sharing, and monetizing user-generated content (UGC). By incorporating blockchain technology, The Sandbox enables users to secure copyright ownership and benefit from smart contracts for their creations.

4. Axie Infinity

Axie Infinity is a blockchain-powered game heavily influenced by Nintendo’s popular Pokémon franchise. In this NFT-driven world, players collect and battle adorable monsters known as Axies. While getting started may require a substantial investment, the game’s play-to-earn approach rewards users with cryptocurrencies that can be exchanged for real-world money. Ownership of Axie NFTs ensures that players have full control over their digital assets and can resell them if desired.

5. Dapper Labs

Dapper Labs, the mastermind behind CryptoKitties, NBA Top Shot, and the Flow blockchain, employs blockchain technology to bring NFTs and novel forms of digital engagement to fans worldwide. The company is paving the way for a more open and inclusive digital realm, focusing on gaming and entertainment sectors. Since its inception in 2018, Dapper Labs has been dedicated to bringing consumers closer to their favourite brands, building active communities, and creating newcomers pathways to join the creator economy.

 

Final words

These top 5 blockchain gaming companies are at the forefront of the industry, harnessing the power of decentralized technology to usher in a new era of gaming experiences. As we continue to witness the growth and adoption of blockchain in gaming, it will be exciting to see how these companies evolve and what innovative projects they bring to the table.