For sure one way to earn money with Play-To-Earn Cryptos is by playing the game, but for those who still want to make a profit from these cryptos without spending time in the game, there is the option to invest in the market. Let's take for example Axie Infinity. Playing the game since it's early days was a good way to make money, but let's leave that aside for a moment and have a look at what the charts are telling us.
At the beginning of this year, the price of 1 AXS was around 0.5$. Today, the price is around 110$ with a market cap of approx. $7B, which is a 220x change in the price in only 10 months. The math is simple in this case, with an investment of $1k in January you would have a profit of $219k in October. I would say that's not a bad investment.
Now let's have a look at some cryptos which seem to have a high potential of success in the future.
Splinterlands
Splinterlands was the most widely played blockchain game in the month of September.
The game is fun to play and the team behind the project is serious about keeping the quality standards at a high level.
With a market cap of only $130M, this token has a lot of room for growth. Just to compare, remember that the market cap of Axie Infinity today is $7B.
This token can easily grow 10x-20x in future.Binemon
Binemon is a virtual pet NFT game that offers RPG elements where players can collect and trade eggs, grow virtual pets and fight with other players.
With a market cap of only $15M, the room for growth is huge with this one. Having such a small market cap and being listed on Binance makes this project really worth considering. An increase of 10x-100x in the value is highly probable.Polkafantasy
Polkafantasy is the best Play-To-Earn game coming from Japan. It contains a whole ecosystem of Blockchain game, NFT marketplace and wallet.
I could not find the value of the market cap for this project, but considering that the fully diluted market cap is around $440M, it would mean that the market cap is probably around $100M-$200M.
An increase of at least 10x-20x can be predicted.
Have fun being! :)
P.S. This is not financial advice. I'm sharing my thoughts based on my analysis. No project can be 100% safe. Invest at your own risk.