It not only provides to players. However, it also allows developers to broadcast their games to a large user base.

Initially started on Ethereum, Nakamoto Games moved to the Polygon network after receiving an investment proposal from the Polygon Blockchain. With this grant, Nakamoto Games became the first Play to Earn project to receive a grant from the Polygon Blockchain. Also, players on Nakamoto Games can earn $NAKA by playing games and achieving certain goals. The earned currency can then be used to purchase in-game items or converted into traditional currency.

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What is NAKA?

NAKA is the native token of the Nakamoto Games. It can be used as fuel while playing games, and rewards on the Nakamoto Games platform are also distributed as $NAKA.

NAKA Tokenomics

When the blog was written, the circulating supply is 72,360,517 NAKA, while the maximum supply and total supply are limited to 180,000,000 NAKA. In other words, currently, 40.20% of the Maximum Supply is in circulation.

The distribution of NAKA tokens is as follows:

A total of 30.55% is allocated for sales.

Rewards: 22.2%

Team: 11.1%

Operations: 11.1%

Incentives: 8.3%

Development: 5.6%

Partnerships: 5.6%

Foundation: 2.78%

Advisors:2.78%

The Team Behind Nakamoto Games:

Chawalit Rugsasri(Tor) is the CEO of Nakamoto Games. Chawalit is also no stranger to blockchain technology and has been working at Sublime Solidity Inc since 2019, providing scaling services to projects in the Ethereum ecosystem.

Phiriyaphong Phumphoang(George) is the name of the head of the business operation (COO). In recent years, Phiriyaphong has worked as a project manager on many high-level real estate and IT infrastructure projects.

Rumchawun Keeratipitayaporn(Yam) is the project’s marketing manager (CMO). Rumchawun led digital marketing efforts at Thailand’s most prestigious online media agencies between 2014 and 2018.

The Potential of NAKA (Nakamoto Games) in Bull Run:

Thanks to its hardworking and experienced team, Nakamoto Games has great potential in the upcoming Bull Run, even in this current Bear Period. The team aims to become one of the biggest play-to-earn projects in the industry.

Currently, Nakamoto Games is receiving great interest in the community for providing high-quality games and for offering consistent income for players. The grant they received from Polygon Blockchain also drew attention to NAKA.

To see the real potential of Nakamoto Games, we can look at Enjin, Axie Infinity, Sandbox, and Decentraland, play-to-earn projects from the past Bull Run. Let’s take a look at their market value when they reached their all-time highs during the past bull run:

The market value of Axie Infinity is 9.78 billion USD, Enjin’s is 3.54 billion USD, Sandbox has reached 6.66 Billion USD, and Decentraland was 8.91 billion USD.

The current market value of NAKA is only 67 million dollars, and we can say that it is just at the beginning of its journey. We can say that NAKA didn’t showcase its full bull potential as it entered the market towards the end of the 2021 bull run, which is really important because investors generally prefer new products rather than saturated ones from the previous bull run. We know marketing is one of the most critical aspects of a project. The team behind Nakamoto Games has an experienced marketing expert (CMO).

In summary, as the Nakamoto Games team continues to develop its platform and attract new players to its ecosystem, there is no doubt that $NAKA could be one of the biggest Play to Earn projects in the next Bull Run.

This blog post is merely research content and is definitely not investment advice.

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Cryptocurrencies, non-fungible tokens (NFTs) and decentralized finance (DeFi) blend worlds together. It allows players to obtain digital assets with real-world value in exchange for their in-game achievements.

Many NFT and Metaverse games today use this system to attract more users. Users can earn tokens, coins, and NFTs that they can convert into real money by playing games and reaching specific rewards.

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Most Preferred Ones

1 – The Sandbox (SAND)

The Sandbox is a play to earn platform where players own and customize 166 thousand different terrain parcels in a virtual world.

Landowners can represent these land parcels as NFTs on the Ethereum blockchain and have the freedom to do whatever they want: they can create games, build virtual museums, or construct other creative buildings.

The Sandbox world is made pixel by pixel, which is very much like Minecraft. However, everyone can create a game, design trendy characters and earn SAND tokens by completing tasks in Sandbox.

2 – Decentraland (MANA)

Decentraland is a Play to Earn game with a Metaverse platform that is a 3D virtual world consisting of 90,601 parcel areas. Additionally in Decentraland, which runs on the Ethereum Blockchain network, users can buy and sell virtual property in the form of NFT. Users trade NFTs in Decentraland using its local token, MANA. Users buy and sell virtual properties known as LAND.

You need to connect your game account to a Web-3 wallet like Metamask to join Decentraland, which runs on a browser.

3 – Alien Worlds (TLM)

TLM is an Ethereum-based ERC-20 token and is the governance token of Alien Worlds. This token gives you a say in the governance decisions of the planets in the game. You can even become a member of the planet councils in the game.

Alien Worlds is fundamentally based on two main game mechanics: Mining and Battles. When you first enter the game, you are given an NFT as a mining avatar and a shovel for mining. Your goal is to mine on different planets using this shovel and increase your mining efficiency with two different pieces of equipment you can buy from Alien Worlds’ NFT marketplace.

Another way to get NFT and TLM is to defeat your opponents in the arena known as ThunderDome Arena using your weapons and minions.

4 – Axie Infinity (AXS)

Axie Infinity is a game where players collect and develop adorable digital creatures called “Axies” and organize fights among these creatures. You need to own at least three Axies to be able to fight other players’ Axies in the game.

Individual Axies that have unique appearances are also classified as ERC-721-based NFTs, which users can purchase and sell in Axie Infinity’s NFT market. You can earn in-game tokens called “Smooth Love Potion” (SLP) by putting your Axies into battle and completing tasks, and you can later convert these into real money.

AXS is Axie Infinity’s native token. To play the game, you should open a Ronin Wallet account, transfer an appropriate amount of AXS to your account, and then integrate your wallet with your game account.

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The popular Pokémon video game series served as inspiration for the blockchain game Axie Infinity. During the game, players can acquire tokens through various means. Since 2017, online games based on NFTs have gained increasing popularity. Axie Infinity enables players to acquire, breed, combat, and trade digital creatures called Axies in a manner reminiscent of games like CryptoKitties. 

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Axie Infinity features unique Axies, which are NFTs that players can breed to produce offspring or trade on the in-game Axie marketplace. In addition to breeding and trading Axies in Axie Infinity, players can also earn income in the form of two ERC-20 tokens: Axie Infinity Shards (AXS) and Smooth Love Potions (SLP). 

AXS serves as the primary governance mechanism of Axie Infinity, allowing players to have an impact on the platform’s development. 

On the other hand, SLP is earned by playing Axie Infinity and can be used to breed new Axies, which can then be traded in-game for AXS. In this manner, investors who do not wish to play Axie Infinity also can buy and sell both tokens on decentralized cryptocurrency exchanges (DEX). 

In addition to these core functionalities, the developers of Axie Infinity have created new game areas by opening up certain aspects of the Axie universe to community developers. 

With this intention in mind, they aim to foster communities of players who actively contribute to the game universe. This also includes not only earning tokens but also actively participating in shaping the future development of Axie Infinity.

What Makes the Axie Infinity Unique?

Axie Infinity places a significant emphasis on fostering a player community, so this commitment is a key feature of the game. Players actively contribute to shaping the player-driven universe by engaging in the game’s governance and generating their own content.

Through the “play-to-earn” functionality, which is based on the AXS token, so this involvement is becoming more and more included in the game.

Within this decentralized framework, also a Community Treasury accumulates revenue from Axie Infinity and staking rewards players earn. 

Once game governance fully decentralizes, players will actively influence the utilization of Community Treasury funds.

Axie Infinity Team

⋅ Trung Thanh Nguyen – CEO 

⋅ Aleksander Leonard Larsen – COO 

⋅ Tu Doan – Art Director and Game Designer 

⋅ Andy Ho – CTO 

⋅ Jeffrey Zirlin – Growth Lead  

Roadmap of Axie Infinity (AXS) 

• The first quarter of 2020: Land and Items migrated to Ronin
• Q1 2020: Land and Items migrated to Ronin
• Q2 2021: Axies migrated to Ronin
• Q2 2021: Axie: Origin Alpha
• Q3 2021: $AXS staking
•  2022: Land Gameplay Community Alpha
•  2022: Land gameplay
•  2022: Lunacia SDK Alpha (N/A, converted to builder’s program cookbook for now)
•  2023: Axie Part Upgrades

Market Data of Axie Infinity (AXS) 

The total supply of Axie Infinity is 270,000,000, and also the current circulating supply is 119,284,894, which accounts for approximately 44% of the total supply. 

Where and How Can You Buy Axie Infinity Coin? 

Moreover, the AXS coin is currently listed on several major cryptocurrency exchanges, including Binance, KuCoin, Coinbase, and Bitfinex. Also the easiest way to purchase AXS coins is through the Binance Exchange. 

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