Top 6 Best GameFi Projects to Play and Earn

GameFi is a viable way to earn money in a crypto bear market

Playing and earning has never been more accessible than it is now. With hundreds of games vying for their share of the market, there are plenty of opportunities to discover. Below, we have the Top 6 best GameFi platforms that you can play and earn money on today.

StepN

One of the hottest properties in blockchain gaming at the moment, StepN is a Move-to-Earn platform that gives people money to exercise. You’ll need a pair of Sneakers (an NFT) to start earning, with the floor price currently sitting at 13.95 SOL ($689, at the time of writing). So it’s quite a high financial barrier to entry, especially considering that to earn serious money, a user needs to own a few pairs of Sneakers to unlock higher earning potential. StepN will introduce a leasing function to the platform soon, where players can rent Sneakers from other users and share the profits with them.

Blockchain: Solana

Aavegotchi

These little critters are based on tamagotchis, which will be recognizable to anyone who was a child in the 1990s. They were little digital pets that hatched from an egg, and needed care and attention to thrive. Aavegotchi are ghosts that roam the blockchain. The barrier to entry is fairly high, with the Aavegotchi floor price currently sitting at 2,090 GHST, the game’s native token ($3,240). Fortunately, users can rent an Aavegotchi and collect all the goodies on offer in the Gotchiverse. The game also has staking options where users can stake GHST to earn yield. Committed gamers are rewarded in Aavegotchi, so be prepared to spend time and effort if you want to make some money.

Blockchain: Polygon

Genopets

Genopets is another Move-to-Earn platform, but this one has an inventive twist. Instead of just exercising and earning tokens for doing it, users level up their in-game Genopet NFT avatar by moving around in the real world. The game recently launched Genopets Habitat, the virtual worlds with which holders can earn rewards which they can swap for real money. Genopet avatars are currently available on secondary marketplaces with a floor price of 51.5 SOL ($2,588). Genopets Habitat NFTs are available with a floor price of 59.8 SOL ($3,000).

Blockchain: Solana

Axie Infinity

Axie Infinity’s fortunes have been mixed in 2022. The platform’s exclusive blockchain Ronin was hacked back in March and the price of the in-game token AXS has dropped since its November 2021 high. The in-game NFTs and items have also fallen in price since the beginning of the year and the game developers have been working hard to ensure its economy remains sustainable for the long term. But it’s not all bad news. The cheapest Axie NFTs are now available for $6 which means that, for less than $20, anyone can start playing the game tomorrow. Sky Mavis, the developers behind Axie Infinity, has also launched a new Origin series which promises to bring more rewards for success.

Blockchain: Ronin

Benji Bananas

Benji Bananas began life as a free-to-play mobile game without blockchain functionality. But web3 venture capital firm Animoca Brands, who owns Benji Bananas, has injected the game with play-to-earn functionality. The game is simple: players swing from vine to vine, past obstacles, and try to remain off the ground as long as possible. The longer you swing, the more you win. Rewards are paid out in PRIMATE which users can swap for ApeCoin (APE), Yuga Lab’s new digital token which people can spend in the Otherside virtual world. The game has recently introduced the Benji Bananas Membership Pass that will enable holders to earn special rewards when playing the game.

Blockchain: Ethereum

Step App

Step App is another Move-to-Earn platform that is still in its very early stages. It’s similar to StepN in that users are rewarded for exercising once they have equipped the appropriate NFT. In this case, users need to put on their SNEAKS before they can Move-to-Earn. The team behind the game came together in late-2021 and the platform is yet to launch its main app – this will drop in beta in the next few weeks. There is currently an ongoing staking process in which users can stake their in-game token FITFI to earn Drop Tickets. With these, they enter into a raffle with the chance to win Lootboxes, which each have a 35% of winning a pair of the sought-after SNEAKS.

Blockchain: Avalanche