3  Play-to-Earn Games to Watch | Illuvium, Alien World and Yield Guild Games Benefits

3 min read


Tezcan Gecgil  InvestorPlace

Keep an eye on these 3 earn-to-play which all show potential for exceptional growth. Entertaining games that make old school gamers happy and offer financial benefits.  Metaverse adoption has fueled the excitement around play-to-earn and NFTs which has brought in investment from major celebrities and corporations. 

  • Alien Worlds (TLM-USD) — The best-selling video game Minecraft players will now earn Trillium
  • Illuvium (ILV-USD) — Could become the rare play-to-earn game that also connects with traditional gamers
  • Yield Guild Games (YGG-USD) — The NFT token could see new highs if the play-to-earn space keeps growing

Play-to-earn cryptos have gone mainstream over the past year, becoming a vital feature of the metaverse. Playing video games to earn non-fungible tokens (NFTs) or cryptocurrency with real-world value is why play-to-earn games have exploded in popularity.

By merging video games with financial technology, play-to-earn games reward participants with digital assets. As a result, gamers can invest in NFTs or cryptos that have the potential to appreciate.

According to the Blockchain Game Alliance report, 1.4 million unique active wallets interact with games daily, accounting for nearly half of the industry’s total usage. Game NFTs represent 20% of the $23 billion NFT trading volume in 2021.

Play-to-earn games can make for lucrative businesses amid the buzz around NFTs and metaverse, bringing in millions of players and investors. Market-tracking firm DappRadar revealed that investors’ interest in NFT-based games attracted $4 billion of venture capital funding in 2021.

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With that information, here are three play-to-earn cryptos that could gain traction in the coming months:

TLM-USDAlien Worlds52-Week Range: $0.0671 – $0.914
ILV-USDIlluvium52-Week Range: $29.15 – $1,925
YGG-USDYield Guild Games52-Week Range: $2.16 – $11.50

Play-to-Earn Cryptos: Alien Worlds (TLM-USD)

Global network of map points

Source: Blue Planet Studio/Shutterstock.com

Our first play-to-earn crypto is Alien Worlds. Launched in December 2020, it is currently the world’s most popular blockchain game, with roughly 11 million daily transactions by more than 700 thousand monthly active users (MAUs).

It is essentially a sci-fi adventure game revolving around a metaverse with NFT alien species.

The metaverse represents a simulated economy where players compete for Trillium. While players explore the seven planets within the metaverse, they create NFTs that offer tools, land or avatars. A player can use TLM-USD to trade NFTs with other players or win battles and missions.

Minecraft, the best-selling video game worldwide, will soon be able to earn TLM-USD. Analysts expect the new interoperability bridge between the traditional and blockchain gaming worlds will bring non-blockchain gamers onto the Alien Worlds metaverse.

TLM-USD hit an all-time high of $1.34 in April 2021. Yet, the altcoin has declined over 50% year-to-date (YTD). Its market capitalization of $92.5 million makes Trillium among the top 400 coins in the market.

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Illuvium (ILV-USD)

Three friends playing a mobile game against each other.

Source: Rawpixel.com/Shutterstock.com

Our next play-to-earn crypto is Illuvium (ILV-USD). It is an open-world fantasy role-playing metaverse created on the Ethereum (ETH-USD) blockchain, set to launch this year.

The video game is the first AAA blockchain-based one in the crypto space. InvestorPlace.com readers are likely to know that the AAA classification signifies “high-budget, high-profile games that are typically produced and distributed by large, well-known publishers.”

This play-to-earn game enables players to earn ILV-USD rewards for winning contests and tournaments. If the game lives up to its hype, it could also be one of the rare play-to-earn games that connect with traditional gamers.

Illuvium is expected to be in 3D with an open world. Players venture out across a fantasy universe, battling and capturing creatures known as Illuvials. These Illuvials are designed as NFTs. In-game assets, including Illuvials themselves, can all be bought and sold on the Illuvidex, the in-game NFT marketplace.

ILV-USD hit an ATH of $1,925 in Nov. 2021, but has since declined 72%. Moreover, the altcoin has fallen almost 50% YTD. Its market cap of $347 million positions Illuvium among the top 160 largest tokens in the crypto space.

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Play-to-Earn Cryptos: Yield Guild Games (YGG-USD)

A person playing mobile games and PC games at the same time.

Source: Dean Drobot/Shutterstock.com

Our final play-to-earn crypto is Yield Guild Games (YGG-USD), a decentralized autonomous organization (DAO). Launched in July 2021, it invests in NFT assets and connects blockchain gamers worldwide.

The guild generates revenue by renting or selling YGG-owned NFT assets. As a result, owners to profit from their NFTs and other players to purchase or rent them.

Then, members can play using those assets and pay the guild a cut of their in-game earnings. The platform introduces yield farming to game economies while adding value to these virtual worlds.

YGG-USD is the native cryptocurrency that powers the Yield Guild Games platform. The digital asset hit an all-time high of $11.50 in Nov. 2021.

But, since then, the altcoin has declined by 80%. Moreover, the altcoin has fallen 60% YTD. Its market capitalization of $246 million positions this NFT token among the top 200 coins in the crypto space.

On the date of publication, Tezcan Gecgil did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Tezcan Gecgil has worked in investment management for over two decades in the U.S. and U.K. In addition to formal higher education in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Her passion is for options trading based on technical analysis of fundamentally strong companies. She especially enjoys setting up weekly covered calls for income generation.

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