As the overall cryptocurrency market continues to crash to the ground, Paul Barron Network, a Youtube Channel focused on crypto, has listed several metaverse NFT gaming tokens that might be prime for buying or dollar-cost averaging. If Bitcoin continues to crash, these are some hot projects to watch in the short term.
Gala Games (GALA)
The first one mentioned on the list is Gala Games (GALA). Gala Games aims to take the gaming industry in a different direction by giving players back control over their games. Gala Games mission is to make “blockchain games you’ll want to play.”
The project wants to change the fact that players can spend hundreds of dollars on in-game assets and countless hours spent playing the game, which could be taken away from them with a button. It plans to reintroduce creative thinking into games by giving players control of the games and in-game assets with the help of blockchain technology.
Free to play is going to be the eventual model that all gaming companies will go to. So that they can attract the players. And then, while they’re using your game, become a part of the community and play more games utilizing the platform’s mechanics. Then you can make them interested to make it, maybe make a purchase on the token, on NFTs, and so on. This is very important to have free play as an entry for a larger market. The barrier between crypto and NFTs is still a little bit high for a lot of people. So free to play is definitely the way to go forward.
GALA has been performing nice over the past 24 hours. It is trading at $0.08, which is down 14.57% at press time.
GALA Chart | Source: Coinmarketcap
The second gaming token is going to be Ultra (UOS). Ultra is a publishing platform and ecosystem for video games and video game content. Ultra’s mission is to do away with the current monopoly held by publishing platforms like Steam and provide new opportunities to game developers, players, and influencers.
Ultra is just undervalued with the potential it can have. They are strong tokens, and a lot of things to roll out. So there are a lot of things happening in the future. UOS is changing hands at $0.34, down 5.86% for now.
UOS Chart | Source: Coinmarketcap
Axie Infinity (AXS)
The next altcoin on the list is Axie Infinity (AXS). Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players.
First of all, this project is one of the most popular gaming projects. It has got a ton of new innovations happening within Axie itself. There are still a lot of ways to go forward, there are so many things. They also showcase land staking. Mobile this was very important for them because it would open up the market, and the mobile version is also like a free-to-play game.
AXS is changing hands at $20.62, down 7.5% at press time.
AXS Chart | Source: Coinmarketcap
The fourth gaming project mentioned on the list is ECOMI (OMI). ECOMI is a technology company based in Singapore and is leading the way in the emerging digital collectibles space. With a dedicated hardware wallet and the worlds leading mobile-first NFT platform- VeVe- ECOMI offers a one-stop shop for digital collectibles, bringing pop culture and entertainment into the 21st century.
This project has been one that has taken the market heat. Users can purchase NFTs with the platform with the Veve app.
They are partnering with many gaming projects, especially gaming is opening up the doors for many more opportunities. This is also an undervalued project, but they are doing the very right moves at the moment. OMI is trading at $0.001, which is down 2.26%.
OMI Chart | Source: Coinmarketcap
The last project is 0x (ZRX). 0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the Ethereum blockchain without relying on centralized intermediaries like traditional cryptocurrency exchanges.
This is the Coinbase partnership. They are developing a social marketplace for NFTs, and if they are capable of pulling this off, you’ve got Coinbase on your side.
This could be a new marketplace that could become a very serious place for NFTs from a strategic standpoint, especially for gaming and a lot of NFT artists and things of that nature on these. ZRX is changing hands at $0.37, it has been down 1.9% at press time.
ZRX Chart | Source: Coinmarketcap
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