The world of gaming has developed rapidly over the years. Gone are the days when people only played games on consoles or computers. Today, there are various gaming platforms, including mobile gaming, online gaming, and virtual reality gaming, to mention a few. With the advent of blockchain technology, the gaming industry has experienced another revolution, and this time it’s in the form of crypto gaming coins.
Crypto gaming coins are digital assets or tokens that are used to power gaming experiences. These coins have gained popularity among gamers because they provide various benefits, including decentralization, security, and transparency. In this article, we’ll discuss the top crypto gaming coins are used to power gaming experiences.
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1. Enjin Coin (ENJ)
Enjin Coin (ENJ) is a popular crypto gaming coin that has been around since 2017. It is an Ethereum-based token that is used to create and manage virtual goods and assets in gaming. Enjin Coin aims to solve the problem of fraud and scams in the gaming industry by providing a secure and transparent platform for gamers to trade and sell virtual assets.
The Enjin ecosystem has a range of products, including a wallet, marketplace, and gaming platform. The Enjin wallet supports over 700 cryptocurrencies, including ENJ, making it easy for gamers to trade and store their virtual assets.
2. WAX (WAXP)
WAX (Worldwide Asset eXchange) is a blockchain-based platform that allows gamers to trade virtual assets securely and quickly. WAX uses its native token, WAXP, to power transactions on its platform. WAXP is an ERC-20 token that can be used to purchase virtual assets or to stake and earn rewards.
WAXP has a range of use cases, including powering marketplaces, game development, and in-game purchases. WAXP is also used to reward users who contribute to the WAX ecosystem, such as developers and market makers.
3. Theta (THETA)
Theta (THETA) is a blockchain-based video delivery network that aims to solve the problem of high video streaming costs and poor quality. Theta uses its native token, THETA, to incentivize users to share their excess bandwidth and computing resources to help deliver video content.
Theta has recently expanded its use cases to include gaming. The Theta Network can be used to power gaming experiences, including streaming games and peer-to-peer gaming. THETA is used to incentivize users to participate in the Theta Network by rewarding them with THETA for sharing their resources.
4. CHILIZ (CHZ)
CHILIZ (CHZ) is a blockchain-based platform that aims to connect sports and entertainment fans with their favorite teams, leagues, and celebrities. CHZ uses its native token, CHZ, to power transactions on its platform.
CHZ has recently expanded its use cases to include gaming. CHZ is used to purchase fan tokens, which give fans exclusive access to their favorite teams and leagues. Fan tokens also give fans voting rights, allowing them to participate in important decisions made by their favorite teams and leagues.
5. Decentraland (MANA)
Decentraland (MANA) is a virtual world where users can buy, sell, and build virtual real estate. MANA is used to purchase virtual land and assets within the Decentraland ecosystem. Users can also use MANA to buy virtual goods, attend events, and participate in games within Decentraland.
Decentraland aims to create a decentralized virtual world where users can create and control their virtual experiences. The Decentraland platform is built on the Ethereum blockchain, and all virtual assets and land ownership are recorded on the blockchain for transparency and security.