The market participants—bulls, whales, big institutions, and all the crypto enthusiasts—are waiting for the next bull run. Moreover, the traders have begun to accumulate BTC with the expectation of incurring huge profits in the long term. Besides, the developers have also aggressively worked during the bear market, which may attract the masses towards the next upcoming trend within the market.
After the ICO boom in 2017, which triggered the bull market then, the DeFi boom sparked the 2020 bull run. During the fourth quarter, the NFT boom also caused a massive upswing among the majority of cryptos. As per a recent update, nearly $24 billion has been injected into the crypto-gaming industry.
More than $24 billion has been injected into the #crypto gaming industry! 🎮
Soon, most of the Web 2 games will shift towards Web 3.
The devs are silently building during this bear market.
Here are 7 Play-2-Earn projects to accumulate before they 100x:
(Instant Bookmark) pic.twitter.com/Jhi86o4AL3
— EvanLuthra.eth (@EvanLuthra) July 11, 2023
The Web3 projects are believed to rise by more than 100x in the upcoming bull run, much like the NFTs. Below are such Web3 projects which are expected to trigger a massive bull run in the coming days.
Sidus (SIDUS)
It is the first WebGL, AAA-level, Play-to-Earn, Metaverse for gamers which has a unique economy model. SIDUS is the native token of the platform which is used to pay rewards and it is also the main currency in the SIDUS marketplace along with other in-game and out-of-game services.
FitBurn (CAL)
FitBurn is the world’s first AI-based burn-to-earn fitness App. This platform intends to revolutionize lifestyle and health using its cutting-edge AI mechanics with NFT rewards to motivate users to reach their fitness goals.
My Neighbor Alice (ALICE)
My Neighbor Alice is a farming-based play-to-earn builder game built on the Chromia chain. The platform targets a diverse gaming community within the traditional gaming market. ALICE is the native token of the platform which is used as a utility token.
Medieval Empires (MEE)
The Medieval Empires is a mid-core, multiplayer online blockchain strategy game which features actors, aiming to offer a jist of state-of-the-art open to all Web 3.0 experience to fans and gamers.
Gala (GALA)
The platform was developed by game developers who intend to bring back value to the players with the help of Web3 and blockchain. GALA is a utility token of the platform, using which one can purchase NFT and also used as a gas token to cover network fees on the Gala blockchain.
Axie Infinity (AXS)
Axie-Infinity is a blockchain-based trading and battling which is partially owned and operated by its players. The native token, AXS price has been performing extremely well and also has achieved mainstream attention.
Sahana Vibhute
A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.
Facebook Twitter LinkedIn Instagram
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/non-fungible-token-nft/after-defi-and-nft-will-the-crypto-gaming-industry-or-web3-trigger-the-next-bull-run/