5 NFT-based blockchain games that could soar in 2022

After the popularity of DeFi, came the emergence of non-fungible tokens (NFTs) and to the surprise of many, NFTs shed light and remained front and center with the largest sales volume, which occurred at the beginning of January 2022.

A growing number of unique NFT buyers on Ethereum Source: Delphi Digital

While 2021 has become the year of NFTs, GameFi apps have overtaken DeFi in terms of user popularity. According to DappRadar data, Bloomberg compiled:

“Nearly 50% of active crypto wallets connected to decentralized apps in November were dedicated to gaming. The percentage of wallets connected to decentralized finance, or DeFi, dapps dropped to 45% over the same period, months after being the leading dapp use case.”

Blockchain, the Axie infinity game of play, has skyrocketed and started a gaming craze that is expected to continue throughout 2022. Crypto critics and game advocates have high expectations for p2e blockchain-based games and there are bound to be a few sleeping giants that will dominate the sector.

Let’s take a look at five blockchain games that could make waves in 2022.

Kingdoms DeFi

The inspiration for DeFi Kingdoms came from simple beginnings – a passion for investing drew developers into blockchain technology. DeFi Kingdoms was born as a liquidity pool investing imagination where the in-game “gardens” represent literal and figurative token pairs and mining the liquidity pool.

As shown in the game, the investors own a portion of their stake in the LP within a plot of land filled with flowering plants. By linking the concept of growth with DeFi protocols within a play and earn model, DeFi Kingdoms puts an evolution in the ‘practice’ of a game.

Aerial photo DeFi Kingdoms. Source: Twitter Kingdoms DeFi

Built on the Harmony Network, DeFi Kingdoms became the first network project to top the DappRadar charts. This can be attributed to the influx of people interested in DeFi and blockchain gaming or it can be attributed to the recent surge in in-game JEWEL tokens.

JEWEL is a utility token that allows users to purchase NFTs in-game to increase the base level, and is used for liquidity mining that gives users the opportunity to earn more gems through staking.

JEWEL/USD daily chart. Source: Gecko Terminal

JEWEL is also a governance token that gives its owners the right to vote on the project’s growth and development. In the past four months, the price of the token rose from $1.23 to an all-time high of $22.52. At the time of writing, JEWEL is down about 16%, trading at $19.51.

The price of the JEWEL token is up nearly 1,487% from its humble start of $1.23 four months ago, and in September, the price of the JEWEL token is up nearly 165% this past month alone, according to data from CoinGecko.

Guardians Guild

Guild of Guardians is one of the most anticipated blockchain games of 2022 and is built on ImmutableX, the first layer 2 solution built on Ethereum that focuses on NFTs. With the aim of providing more access, it will act as a free mobile RPG that models the mechanics of playing and earning.

Guardians Guild Heroes. source: Guardians Guild

Similar to blockchain games like Axie Infinity, Guild of Guardians assets can be exchanged within the game. The project appears to be gaining the attention of many players and investors with the sale of the founder of NFT and the launch of the token generating nearly $10 million in volume.

Upon launching the in-game token in October 2021, the Guild of Guardians (GOG) tokens are ERC-20 tokens known as in-game ‘gems’. Gems are the main in-game features such as in-game mint NFTs, interact with the market and are available to earn while playing.

Monthly GOG price movement. Source: CoinGecko

Over the past month, the performance of the Guild of Guardians token has been fairly flat, having climbed to an all-time high of $2.81 after its launch. While the token is down more than 50% from its all-time high, at the time of writing, some community members We look to the possibility of pools of liquidity and risk, features that tend to help stabilize token prices.

Galactic Fight Club

Imagine taking a photo proof (pfp) NFT and rendering it into an avatar to fight other fighters in a galaxy far away? Galaxy Fight Club (GFC) is a Blockchain game that has transformed its 10,000 avatar kit into the first cross-brand and cross-platform PvP fighting game where players can fight with their collection of avatars.

Focusing on interoperability, GFC places a uniquely high value on its original fighters, but allows other avatars to fight for a chance to earn rewards.

Artist’s depiction of GFC’s gameplay. Source: Galaxy Fight Club’s avatar

The game is expected to launch on the Polygon Network and will feature different themes from different partner groups such as Animetas and CyberKongz, while integrating its cross-platform objective. GFC plays on SuperSmash Bros. nostalgia. , except for one who fights for loot keys to open loot chests instead of simply taking out his opponent.

The GFC is currently undergoing beta testing, and is experiencing minor setbacks, including a late IDO. So far, it’s not clear when public access will be available, but many are hoping to roll out Q1 2022.

GCOIN

Each Galaxy Fighter generates 5 to 15 GCOIN per day, and each fighter started generating GCOIN in October of 2021. If a fighter is sold, the new owner will inherit the currently owed GCOIN. GCOIN is likely to be valuable in the ecosystem as it is necessary to power players in game moves, forge weapons, unlock loot chests, train, and sell second generation fighters.

Despite minor setbacks, IDO for GCOIN was scheduled to be presented at PolkaStarter on January 6, and 4 million tokens were issued for sale at a price of $0.50 per wallet, with a maximum allocation of $500 per wallet. Unfortunately, the project’s KYC and whitelist requirements have left a lot of the population in place.

According to Addo, the project team leader, “The first $1.5 million was bought and sold in about 15 minutes, at which point the remaining $500,000 allocated only to Battle Pass holders took another hour to fill,” indicating a successful IDO. Approximately 2,600 unique wallets hold GFC fighters, with the top wallet holding approximately 2% of the entire collection.