A growing number of game developers and creators have shifted towards token offerings as an avenue to retain independence and control over their products. In recent months, there has been an influx of game-related token offerings, and as the gaming industry evolves, so does the token landscape.
The concept of the metaverse has also gained popularity with the incorporation of blockchain technology into games, producing a sub-industry of its own. GameFi has fuelled the development of virtual economies – tokens created to sustain their own in-game markets that can be used to purchase in-game items, experiences, or other virtual assets.
Since its inception, Phemex has been at the forefront of adopting innovative projects and emerging technologies. With the increasing popularity of metaverse and GameFi-related tokens, Phemex has decided to list an additional 47 tokens.
Trade Metaverse and GameFi tokens on Phemex
Out of the 47 tokens being listed, here are a few notable ones:
Gala Games (GALA)
GALA is a blockchain-based, play-to-earn gaming platform. Users can earn GALA tokens for winning in-game missions and completing milestones. Players can also create and trade non-fungible tokens (NFTs) in-game.
The GALA platform runs on Ethereum, which has had issues in the past with high transaction fees and network congestion. Because of this, Gala Games plans to launch its own proprietary network, GalaChain, which aims to eradicate those inefficiencies.
League of Kingdoms Arena (LOKA)
LOKA is a traditional strategic fighting game that allows users to compete on various battlefields, build kingdoms, raise armies, etc. Holders of the LOKA token can stake and mint their assets to earn rewards.
LOKA benefits not only active gamers but also passive ones. Gamers can purchase land and use resources to mint NFTs, which can be utilized for further transactions. Based on a trustless system, League of Kingdoms Arena involves no intermediaries, and offers multiple gaming modes including Player vs. Environment (PvE), one-on-one Player vs. Player (PvP), and more.
Alien Worlds is a GameFi project that enables players to earn Trillium (TLM) through mining. Earned TLM can be used for governance, to lease spaceships and send them on missions, and earn NFTs, which can come with great benefits. TLM has a limited supply of 10 billion tokens.
Verasity (VRA) was designed to liberate creators and benefit viewers. As a next-gen video-sharing platform, the project mostly runs on traditional models such as advertising, subscription video-on-demand, and crowdfunding.
Voxies (VOXEL) is the native currency of Voxie Tactics, a 3D turn-based tactical RPG game built on blockchain technology. Using VOXEL tokens, players can buy weapons and armor. Prior cryptocurrency expertise is not required to participate in the Voxie Tactics game. Unlike most other play-to-earn games, Voxies is a free-to-play game.
Inspired by the ever-popular Tamagotchi, Aavegotchi is a crypto collectibles game built on Ethereum where participants can purchase and grow Aavegotchis – Non-Fungible Token (NFT) avatars used to explore and interact with the Aavegotchi digital universe.
GHST is the primary utility token of the Aavegotchi ecosystem. It’s used to buy and sell goods within the game’s world, including Aavegotchis themselves. GHST can also be staked for additional rewards and can be transferred between users just like other cryptocurrencies.
Invest with Phemex
GameFi and Metaverse tokens offer investors the opportunity to earn high returns through their unique gaming and virtual world platforms. These tokens have the potential to revolutionize the online gaming industry, and are already being adopted by some of the largest companies in these sectors.
Phemex believes in the potential of these tokens and is committed to helping users realize their investment goals. The platform offers a variety of features that make it easy for investors to get started with these tokens.
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