Are Gaming Guilds The Future?
Guilds in crypto gaming is an interesting topic that often gets overlooked in discussions. They are an integral part of the space and a great way to get people involved.
Crypto-based gaming guilds have increased in popularity since the launch of Axie Infinity. As a result, there are now guilds for crypto gaming which allow participants to experience crypto gaming with half the risk. Many people are excited about crypto gaming guilds, and the best and brightest within the space recognize that crypto gaming guilds have real potential.
What is a gaming guild?
Gaming well it's different than it used to be, but the thing is you don't have to navigate these new worlds alone. Guilds have long been part of gaming as a way to help players succeed in an online world and with this new wave of gaming to earn cryptocurrency guilds are more important than ever.
The introduction of play to earn or P2E gaming was technically difficult but the possibilities are life-changing, one of the first P2E games was Axle Infinity. To begin playing, you buy non-fungible tokens or NFT’s then while playing you earn SLP.
Well what even is SLP and what's an NFT? You've probably heard of them. An NFT is a digital asset used to play the game, only it's completely unique. You know, kind of like your car and its vin number and NFT has a code that makes it one of a kind and SLP is just one of many different types of cryptocurrency that you earn as you play.
The excitement of this idea quickly caused the price of NFT's to rise but this is where gaming guilds can help. The guilds reduce the barrier of entry into P2E gaming by lending its assets for the scholars to play; this removes the capital commitment to start their P2E journey and allows the onboarding of many.
Gaming guilds are dedicated to providing its members with the resources and mentorship they need to thrive in each new P2E space.
Top 3 Gaming Guild Projects in 2022
1 - Avocado Guild (AVG)
Avocado has been described as a “metaverse of metaverses” as It makes it possible for players to take part in multiple virtual worlds. Players are trained to become Web 3 users, learn how to earn supplementary income on P2E games, become part of the community, and take advantage of opportunities in decentralized finance.
Avocado Guild has a 50/50 profit share model for its scholarship program. Scholars keep half of their earnings, and the remaining income goes back into the guild. AVG currently has one of the largest communities of players, across multiple games including Sipher, Thetan Arena, Cyball, Bigtime and Axie Infinity.
The guild has also just-launched a DAO in hopes to acquire in-game NFTs across multiple different genres, which will then be leased out to community members. Making it definitely one to watch in the gaming guild sector.
2 - Perion (PERC)
Perion DAO, a new decentralised autonomous organisation, has recently closed a funding round that saw it raise $9 million USD in investment from Alameda Research, Framework Ventures, and popular music duo The Chainsmokers. That puts its valuation at an impressive $62 million USD. Making it still a small cap gem!
Mr. Whitewolf, former number one ranked Axie Infinity player, says the metaverse is a vast untapped economic resource, and thinks play-to-earn gaming will be the game that unlocks its potential. With its large seed investors and the big names associated with the project, this is definitely one of the gaming guilds to keep an eye on.
3- Merit Circle (MC)
Merit Circle is taking advantage of the booming gaming economy by creating a platform to connect investors, gamers, and game developers. By incorporating revenue sharing, this project has the potential to bring a lot of revenue with its diverse user base. And since it introduces a new way for gamers to get rewarded for their thoughts and opinions, everyone will benefit from this project's success by 2022. The gaming guild has also been number one trending on UniSwap several times this year.
How to buy these Crypto Gaming Guilds
If you are looking for a guide on how to purchase these Crypto gaming guilds check out the following guides.
How to buy Avocado Guild
How to buy Perion
How to buy Merit Circle
Why gaming guilds are a great investment in the crypto gaming industry.
Crypto gaming guilds offer communities and tokens that serve as the best entry point for investors and players. There are various factors of these organizations that make them a sound investment for investors. These are a few of the reasons why crypto gaming guilds have the perfect R/R (Risk/Reward) ratio:
A popular saying states, “Two heads are better than one.” Multiply this by 100x or 1000x, and you can imagine all the possibilities that could eventually unfold when everyone is committed to finding the best projects in the space.
Although there is always the risk of having too many people working on a project, that problem can be mitigated by having a big enough group. The crypto gaming sector is an enormous space that continues to grow by leaps and bounds. This makes it almost impossible to keep up with all of the happenings in the space without having access to a network of experts who are also interested in crypto gaming.
Guilds can serve as a protective measure, too. Oftentimes you'll meet members who are current or former developers capable of reading and deciphering smart contracts, meaning that you could potentially save yourself from falling for scam projects.
Source - Crypto Buy Guides