Experts told which altcoins from the gaming sphere have prospects for further growth
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"The price has a long-term upward trend"
Senior Analyst Bestchange.ru Nikita Zuborev
When choosing a project from the GameFi sphere, first of all, you should pay attention to the marketing strategy and popularity of the project, and secondly, to the technical component. If we consider the largest and most promising projects, then these are Axie Infinity and Alien Worlds.
Axie Infinity is the most popular NFT game on the market. Game tokens are presented on the largest centralized crypto-exchanges, which makes it easier for a large number of players to access them.
The SLP token is used for in-game mechanics, while AXS is the control token. The first is interesting due to the dependence on the number of active and new players, the balance of supply and demand affects the price, and the second is an analogue of the company's tokenized shares, their growth is associated with the investors' faith in the future of the project.
After several bursts, the SLP token is on a steady plateau and is likely to continue to grow in the future. Whereas AXS is confidently gaining capitalization, which makes it a coveted GameFi representative for an investment portfolio.
Alien Worlds is the fastest growing blockchain game. the project is distinguished by its size and ease of entry – to start playing, you do not need to pay anything, just register a WAX wallet.
The TLM gaming token is also available on all major exchanges. Now the token is trading much lower than the starting price, however, in the future, due to the development of the project, a gradual increase in price is possible according to the scenario of other well-known projects.
In any case, when choosing a project, you should definitely make sure whether the internal game tokens are traded on cryptocurrency exchanges. It is desirable that these are large centralized exchanges, this greatly simplifies access to the project, due to which high liquidity is achieved.
There is another non-obvious way of receiving "dividends" from the GameFi-industry – investing in native blockchain tokens, on which there is a high concentration of games. For example, Ethereum, Binance Smart Chain, Hive, EOS, and WAX. As a rule, players need to pay for a lot of in-game transactions, for which a native token is used, and this causes an increased demand for these tokens, respectively, the price has a long-term upward trend.
"One successful project can cover 5-6 unsuccessful ones"
Cryptorg CEO Andrey Podolyan
The GameFi and Metaverse sectors are one of the fastest growing sectors now. You can track the dynamics of top and new projects on the large informational website Coinmarketcap . In the top, Axie Infinity, SAND, Decentraland are already strong, well-established projects. Sector leaders.
I can tell you about the tactics that some investors adhere to: as soon as a new project comes out and its tokens or some in-game values appear, users immediately buy them for small amounts and wait for X's. One successful project can cover 5-6 unsuccessful ones. For example, Illuvium brought its early investors thousands of percent returns.
"These two projects seem to be the most promising"
Co-founder of ENCRY Foundation Roman Nekrasov
In order to choose a GameFi project to enter, it seems to me most correct to look first at the number of users and the number of active users. According to these indicators, the collectible game Axie Infinity and the metaverse with the possibility of mining Alien Worlds are now in the top. These two projects seem to me the most promising on the horizon of the coming months. Since we are talking about gaming NFTs, it is very difficult to make predictions beyond 8-10 weeks. This is a very young niche in which anything can happen at any moment.
Why Axie Infinity has received such recognition among users is easy to answer: now in the gaming industry, rather primitive games are in demand, reminiscent of mobile toys for preschool children. This is entertainment to calm down, relieve stress. And here, excitement is added to everything, because you can earn money on this.