Play-to-Earn tokens have been gaining attention in 2022 as it has proved to be a fast way to earn some easy money. Here are three P2E tokens to look out for this February:
GALA is the native token or rather the digital utility token of the Gala Games ecosystem. It is transferable between users and they can control its use. GALA is also described as a non-refundable utility token. It is a medium of exchange between gamers in the Gala Games ecosystem. The token provides a convenient and secure mode of payment and settlement between the users who interact within the Gala ecosystem. It does not represent any shareholding, participation, title, right, or interest in the games or respective affiliates. Moreover, the token does not entitle holders to any promise of fees, dividends, revenue, or profits. GALA recorded an all-time high on November 26, 2021. It reached the value of $0.824837 – the token was higher in value by 122%.
The Mbox is a decentralized blockchain-based play-to-earn gaming platform. It operates on the Binance Smart Chain (BSC). MBOX token reached an all-time high of $15.44 on December 1, 2021. Its official portal says the token is essential for buying, trading, and selling the MOMO – Mbox NFT range and participating in MOMO mining. The token unlocks bonus features. It enables players to buy high-level equipment and in-game assets.
Yield Guild Games (YGG)
This platform brings players together to help them strive in difficult times brought about by the COVID-19 pandemic. It also brings gaming enthusiasts into the new play-to-earn paradigm. This platform has moved households in the Philippines towards betterment. People have found themselves earning via the platform more than they had in their past professions. YGG lifted an entire village out of poverty.