Token prices for most Play-to-Earn (P2E) games crashed with the rest of the crypto market in 2022. It has led to a slow decline in user bases for these P2E games, leaving P2E gamers without a platform to earn tokens. However, if one thing is assured in the crypto market, it is an influx of new cryptocurrencies that solve previous problems in the industry.
Axie Infinity (AXS) was a pioneer in the P2E market, with a peak of 2.7 million users in January 2022. The Pokemon and Tamagotchi-inspired game saw millions of gamers gravitate towards the same platform and earn tokens by selling NFTs with different rarities.
With the decline of Axie Infinity users, gamers are now hearing of the new platform, MetaCryp (MTCR). MetaCryp understands the importance of money in today’s world. That is why MetaCryp has assembled a business model that allows users to earn while participating in activities in the Metaverse. So, Can MetaCryp dominate the P2E market as Axie Infinity did? Let’s find out!
Take A Trip With MetaCryp
Everything in today’s world is digital, from paying with your card instead of cash to playing games on a console instead of with cards. Each year, more people are joining the gaming industry, with 3.2 billion active gamers in 2022. It is no surprise that MetaCryp is catering to this market with its innovative technology that allows you to make money while having fun.
An array of fun activities can help make you money in the MetaCryp ecosystem. MetaCryp has a smart contract structure that rewards successful games after meeting encoded set conditions. However, if users only want to escape reality and relax after a long day, they can! MetaCryp holiday venues allow you to access popular holiday destinations from the comfort of your home.
You might wonder, who makes the decisions in the MetaCryp network? Well, you do! MetaCryp has a community-centric design, giving power to the users who hold the MTCR token. Users holding the MTCR token can either vote on existing proposals or submit ones they have made.
Ultimately, MetaCryp aims to be a platform that users can earn from without using heavy computerised machines to mine cryptocurrency like Proof-of-Work (PoW) platforms. Not only are computers expensive to purchase, but they also harm the environment!
To Axie Infinity and Beyond
Using NFTs as its characters in the game, Axie Infinity has seen a high trading volume throughout its history. At the time of writing, over $3 billion has been traded through the Axie Infinity NFT marketplace, with the most expensive one selling for $820,000!
Axie Infinity is hosting its eSports Grant 3 with 160,000 AXS in funding. The event will take place from Q4 of 2022 until Q2 of 2023. Several tournaments will happen throughout the event. Major tournaments could have a $1 million prize pool, while minor ones could have a $150,000 prize pool.
Other tournaments are accessible, including local and online invitational tournaments with lower prize pools. Although Axie Infinity is not at the height it once was, the platform is still desirable due to the events it hosts that could help you win a $1 million prize pool!
Final Thoughts
Axie Infinity was unstoppable at its peak. 2.7 million people would take part in collecting Axies and increasing their rarity through battling against others. Axie Infinity should not be forgotten. It has the tools to build the platform up to its previous level of success.
However, maybe what the P2E market needs is a fresh start. That is what you can find with MetaCryp. The new platform is tackling problems experienced in the gaming industry while offering a platform that helps its users grow their wallets while having fun. Currently, MetaCryp is in presale and is available for a low price with a 32% bonus on your first purchase.
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