GameFi is a combination of game and finance. It involves blockchain games that offer economic incentives to the users. They are also known as play-to-earn crypto games. Essentially it allows the user to battle other players, complete tasks, and progress through game levels to earn in-game rewards.
The Sandbox (SAND) is one of the most popular GameFi platforms. Users can buy virtual parcels of land in The Sandbox metaverse and even stake their tokens to participate in the governance of the platform. Xchange Monster (MXCH) is a new GameFi platform that is prioritising its community’s gaming experience and resolving the problems associated with GameFi.
Xchange Monster (MXCH) is changing the GameFi sector
Xchange Monster (MXCH) has been created to hopefully address and solve all the problems in the GameFi world. With GameFI becoming increasingly popular, there needs to be safety and security in the system. Xchange Monster has achieved this by being regulated by VQF. The trusted institution adds protection to the platform.
An extra layer of security is added from the development team being doxxed. It allows users to obtain additional information on the team’s background to assure them they are in safe hands. You can find out more information here.
Xchange Monster (MXCH) has a wallet app that can be easily downloaded, allowing users to store their cryptos and monitor their in-game assets. Funds can be withdrawn from the monster wallet in a few simple clicks. Some problems with other similar programs is the difficulty surrounding the ability to withdraw and move funds, having an option that makes this process easier gives this project an added advantage.
The MXCH token has the potential to skyrocket when it launches. The token will be used as in-game currency for Xchange Monster partnered projects and conversions across the exchange. Buying the token in pre-sale could prove beneficial as its numerous utilities will be desirable to the average crypto user. Will you add it to your portfolio this year?
Get lost in The Sandbox (SAND)
Before the integration of blockchain technology, The Sandbox (SAND) was essentially a virtual gaming platform. Its native token is an ERC-20 coin based on the Ethereum (ETH) blockchain. When the Ethereum 2.0 merge occurs, The Sandbox will be able to take advantage of its increased transaction speed.
Celebrity involvement in The Sandbox (SAND) metaverse has helped drive popularity for the token. Famous rapper, Snoop Dogg, has made his online home in the metaverse. Celebrity endorsements from Will Smith, Katy Perry, and many more have showcased the utility of the GameFi platform.
Collaborations were also announced with Mastercard and Lionsgate Studio. 767 million people currently use Mastercard, this will undoubtedly increase admiration for the platform, bringing in millions of users.
Players of The Sandbox (SAND) game can create digital assets in the form of NFTs, upload them to the marketplace, and finally integrate them into games with Game Maker! It allows users to express their artistic flair and represent themselves how they please, making it increasingly inclusive.
GameFi platforms are increasing in popularity, making established cryptos like The Sandbox (SAND) flourish in times of uncertainty. It is proven through the 24.57% increase in value in seven days at the time of writing.
Xchange Monster (MXCH) brings something new to the table. The creative platform has addressed the problems around GameFi and aims to solve them when it launches. The opportunity to join Xchange Monster’s journey in revolutionizing GameFi is here, will you take it?
For more information on Xchange Monster, visit the following websites:
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Source: https://thecryptobasic.com/2022/07/11/looking-for-a-gamefi-platform-xchange-monster-mxch-and-the-sandbox-sand-are-the-ones-for-you/?utm_source=rss&utm_medium=rss&utm_campaign=looking-for-a-gamefi-platform-xchange-monster-mxch-and-the-sandbox-sand-are-the-ones-for-you