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Breaking News: Ripple And SEC Reach Major Deal: Remaining $75M Penalty Returned, Injunction Lifted

7 best Play-to-Earn and Crypto Betting Projects to Deal with on Bear Market

Bitcoinist
by Bitcoinist
2 years ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Although associated with a high degree of risk, play-to-earn and cryptocurrency betting initiatives can serve as a means to reduce losses during a bear market. They allow users to make the most of their cryptocurrency holdings while waiting for the crypto market to pick up again after a period of stagnation. Additionally, they offer a unique opportunity to blend two interests: a passion for gaming and an affinity for cryptocurrencies.

After thoroughly examining the play-to-earn and cryptocurrency betting landscape, we’ve identified seven intriguing projects that merit your consideration.

Last Chance

Last Chance is a new P2E shooter game where users can take on the role of special agents devoted to thwarting global threats and safeguarding cutting-edge technology. The gameplay and scenarios are addictive, but it’s not the only nice feature of the game. Last Chance provides an opportunity for maximization of crypto assets, implementing NFT in its gameplay. Players encounter two NFT categories: heroes and weapons. Utilizing various NFT weapons and their character’s unique abilities, players can effectively confront a variety of adversaries and emerge victorious from intense battles. NFTs can be exchanged, collected, upgraded, and traded with friends. The first complementary NFT starter pack is given for free to all newbies.

The element of unpredictability adds excitement, allowing players to shape their strategies and vie for leadership.

Dexsport

Dexsport is a cutting-edge Web 3 cryptocurrency betting platform. It operates on multiple blockchains, including BNB, Polygon, OKC, Avalanche, Arbitrium, and ETH, ensuring a secure and transparent betting experience.

Decentralization is at the core of Dexsport. Instead of sending cryptocurrencies to platform wallets, users connect their Metamask wallets and deposit supported crypto into certain liquidity pools. This user-friendly approach eliminates withdrawal issues, account blocking, and mandatory KYC procedures – all problems of other betting platforms.

Dexsport gives the opportunity to bet on any gaming match – from the English Premier League to eSports, cricket and rugby.

Dexsport prioritizes security and transparency, thanks to blockchain technology. Expect fast, reliable, and anonymous transactions while exploring a wide range of crypto betting options. Whether you’re a seasoned gambler or new to crypto betting, Dexsport caters to players of all levels and offers competitive odds.

Alien Worlds

As a child, who didn’t dream of embarking on epic journeys through uncharted space? Alien Worlds transforms that dream into a reality, offering players not just an enjoyable pastime but also tangible rewards. Dive into a meticulously crafted universe of cosmic exploration, spanning six unique planets, land ownership across diverse realms, and the thrilling pursuit of valuable Trillium minerals. Join syndicates to clash with rivals in this metaverse-like game, where myriad paths lead to Trillium token rewards – whether by completing daily missions, mining on planets, or trading previously acquired lands and in-game artifacts. The game’s dynamic scenarios, influenced by user-driven changes through NFT cards, continually surprise with their diversity.

Your hard-earned Trillium can be used to acquire tools, weapons, spacecraft, or land plots, and it’s even tradable for other cryptocurrencies on platforms like Binance, Kraken, Gate.io, and more. While TLM’s value may have fluctuated in the past year, the opportunity to reap rewards for your gaming adventures is a delightful departure from the rewardless journeys of the past.

STEPN

Getting out of bed for a morning jog can be tough when the benefits seem distant. STEPN, a Web3 running app, bridges the gap by blending fitness, gaming, and social aspects. Users can wear NFT sneakers and earn Green Satoshi Tokens (GSTs) while walking, jogging, or running outdoors. Upgrading these NFT sneakers amplifies GST earnings, which can then be converted into GMT (Green Metaverse Token), STEPN’s native governance and value token. GMT is exchangeable for other cryptocurrencies on platforms like Binance, KuCoin, and Bithumb.

STEPN transforms exercise into a rewarding experience, motivating you to lace up those sneakers and hit the outdoors. If you’ve been contemplating a running routine but lacked the motivation, STEPN is your ideal companion.

BetOnline

For over two decades, BetOnline has been a prominent player in the online gambling industry, providing an array of services like sports betting, online casinos, poker, and horse racing wagering. Among its offerings, the BetOnline sportsbook stands out as a fan-favorite, featuring live lines for major sporting events spanning NFL, MLB, NBA, NHL, Soccer, Tennis, Rugby, and more. As crypto gaming continues to grow, sports betting apps like BetOnline and Cloudbet provide users with flexible, secure options for wagering with digital currencies. Additionally, BetOnline offers the convenience of a mobile app, available on Google Play. Users can bet on NHL games with lower commission fees than other sports.

Trying to keep pace with modern times, BetOnline started supporting major cryptocurrencies like BTC, LTC, ETH, and more. Users depositing with cryptocurrency can enjoy exclusive bonuses, making BetOnline a good choice for the modern gambler.

Gods Unchained

Gods Unchained is a PC game that combines free-to-play and play-to-earn mechanics, offering players a chance to outmaneuver opponents with card decks featuring creatures, spells, and artifacts, each possessing unique abilities, strengths, and weaknesses. Players can acquire new cards through gameplay, player-to-player trades, or marketplace purchases. Winners are rewarded with GODS tokens, exchangeable for tokens like ETH or IMX. The cryptocurrency earnings from Gods Unchained vary based on player skill, playtime, and other factors, providing a dynamic play-to-earn experience.

Notably, Gods network enables players to use in-game items as NFTs or digital assets, which can be used in the game or resold for cash and even embedded in third-party games and tools.

Cloudbet

Cloudbet is often referred to as a top-tier online sports betting site, offering a wide array of sports betting options and an extensive casino game selection. Users benefit from flexible cryptocurrency transactions, with Bitcoin, Ethereum, Litecoin, and Bitcoin Cash all accepted. Cloudbet boasts a diverse range of sports to bet on, encompassing tennis, soccer, basketball, esports, and more. While being popular among users worldwide, the platform has faced criticism online, often linked to account blocking issues and withdrawal difficulties.

Crypto gaming and betting platforms offer entertainment and the tantalizing prospect of rewards. However, they come with inherent risks and suit those comfortable with risk-taking, maintaining composure, and investing only what they can afford to lose. Remember: in the cryptocurrency realm, prudence is your guiding principle.

 

Image by N-region from Pixabay

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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