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Make Money Playing Games on Harmony - Play to Earn (P2E) Games
Play to Earn Games are exploding in popularity - especially on the Harmony blockchain
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Hey DEFI TIMES community,
Have you heard of Play to Earn Games?
You most likely read about Axie Infinity, which is a popular NFT game. Especially in the Philippines, Axie changed thousands of lives in 2021 by simply giving people an additional income stream.
And the best thing: Axie gave people the chance to earn money with the thing people love most: Playing games.
Axie is a Pokémon-inspired game - anyone can earn tokens with skilled gameplay and contributions to the ecosystem.
Axie Infinity has its own blockchain, where the in-game NFTs are stored. That makes Axie scalable for the masses as it doesn’t depend on slow (but high security) blockchain technology like Ethereum. While Axie is a fun game, it's also taken on characteristics of a social network and jobs platform due to the strong community.
Apart from Axie Infinity, there are dozens of other Play to Earn games on the market promising users to make money by simply playing the game.
One flourishing Play to Earn ecosystem is Harmony One.
Harmony is a blockchain, which enables a high number of transactions processed per second - a perfect environment for gaming.
Today, we go through some popular games on Harmony One that allow you to make money today.
📺 Watch our latest video about our Top 5 Coins going into 2022!
DeFi Kingdoms - Learning DeFi Made Simple
DeFi Kingdoms is the largest protocol on Harmony One in terms of Total Value Locked (TVL). And guess what… it’s a game!
When you first start playing the game, you realize that it’s actually one of the few crypto games that are fun to play. The music in the background is relaxing, and the map reminds you of an old-school game from your childhood.
This map is a nostalgic form of fantasy pixel art.
But what is the game about?
DeFi Kingdoms is a game built on Harmony that leverages NFTs. The game makes it easy for beginners to learn the concept of a DEX.
There are quite a few places that a player can visit inside the game:
The heart of the game is the so-called Marketplace. This is the place where players can trade, buy, and sell in-game items. This is where the game’s own DEX comes into play. DeFi Kingdoms has its own Decentralized Exchange, where players can trade different Harmony-based tokens.
For example, players can trade ONE token for DeFi Kingdoms’ native currency JEWEL. If you are new to DeFi Kingdoms, go to the Trader, Merchant Matoya, which looks like this:
On the marketplace, you can also talk to the Druid Lazarus. He helps you buy pair tokens and invest in Liquidity Pools, which are a key part of DeFi Kingdoms. In order to invest in liquidity pools, you have to buy “Seeds” first. You buy Seeds by buying an equal amount of JEWEL and any other token. After buying the Seeds, you are ready to visit the garden.
The most important place to visit in the Garden is the “Seed Box.” The Seed Box allows you to scroll through active liquidity pools. Once you decided on a specific pool, you can plant your seeds and let them work for you.
After you plant your seeds, you earn regular liquidity mining rewards in JEWEL.
DeFi and DEXs Made Easy
As you can see, DeFi Kingdoms is all about explaining to users the concept of a DEX in an easy way. The game has been so successful that the market cap of JEWEL exceeded $1 billion a couple of days ago.
In my opinion, we need way more games like DeFi Kingdoms because this is how we will bring DeFi to the masses.
Mars Colony - A Decentralized Colonization Framework
Mars Colony is a game on Harmony One that allows you to purchase pieces of land on Mars. The game looks like this:
After you purchase your very own piece of land on Mars, you are eligible to claim liquidity mining rewards in the game’s own currency called CLNY.
A regular piece of land gives you one CLNY as a reward per 24 hours, which is currently worth $22.
Not a bad passive income for a digital piece of land if you ask me.
Once you earn passive income, you can buy Base Stations and other upgrades.
These upgrades give you even more rewards. In total, you can upgrade your piece of land to give you 8 CLNY tokens per day.
Games on Harmony are exploding in popularity right now. After the success of Axie Infinity, it became clear that there is a product-market fit for Play to Earn Games.
It’s just a matter of time until another game flips Axie in number of users and market cap.
And P2E Games on Harmony are looking very promising…
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DISCLAIMER: All information presented above is meant for informational purposes only and should not be treated as financial, legal, or tax advice. This article's content solely reflects the opinion of the writer, who is not a financial advisor.
Do your own research before you purchase cryptocurrencies. Any cryptocurrency can go down in value. Holding cryptocurrencies is risky.