The markets are down (for now). Our portfolios have taken a hit (for now). And with so many gaming tokens going at a bargain right now (for now), we’re spoilt for choice in terms of where we might want to deploy (also for now). Fortunately, Hustle has given us his top six gaming tokens to help narrow down our choices.
- Gala Games, inevitable
- Vulcan Forged, juggernaut potential
- Ultra, picking up steam
- Immutable X, irrefutable
- SuperFarm, supercheap
- Phantasma, phantastic phuture
Gala Games
Gala Games (GALA) went on a parabolic run in the latter stages of 2021. It’s not difficult to understand why: with a rapidly expanding ecosystem of crypto games, Gala is a leading example of how to do things right.
Built on the principles of game playability, user empowerment, and community engagement, the top tier Gala team have cultivated a strong brand identity, name recognition and a platform that (already!) attracts 1.3 million daily users per month. And that’s with only one playable game up and running. Just wait until their catalog of games-in-development gets rolled out…
https://coinmarketcap.com/currencies/gala/
As Hustle says, Gala is inevitable. At less than 20 cents (down 75% from it’s all-time-high), this future behemoth of blockchain gaming is an absolute steal. You’ve already seen what Gala can do when it pumps; it moves so fast, it’s impossible to catch!
Source: https://app.gala.games/about/
Vulcan Forged
If you’ve been watching Hustle’s show, you’ll know how bullish he is on Vulcan Forged (PYR). And that’s because Vulcan Forged isn’t just your run-of-the-mill gaming studio. It’s a gaming studio 2.0 complete with a fully-fledged DEX, NFT marketplace, and a place to create, collect and sell NFT art.
With 10 games currently in the works (including the flagship massive multiplayer game (MMORG), Vulcanverse), a crack team, and phenomenal community engagement, Vulcan Forged has all the makings of a sleeping giant.
Positive developments are coming in thick and fast (just check out its Twitter page), and at every turn (even in spite of a recent hack), the leadership has shown incredible strength.
Source: https://vv.vulcanforged.com/
Compared to the all-time-high of $44.82 achieved a few months ago, being able to pick up some PYR in the $7-$9 region could be an excellent opportunity. When things do eventually go up, Hustle has PYR tipped to bounce hard. There’s simply too much going on to ignore here!
Ultra
Of all the gaming projects out there, Hustle reckons Ultra (UOS) is as close to a no-brainer as you’re ever gonna get. Why? As we’ve covered before, this gaming distribution platform is positioning itself to become the Steam of the blockchain age.
Source: https://ultra.io/
The team is top-tier. It has struck partnerships with 24 games already (with a goal of 75 in 2022), and with some of the biggest names in the space (Ubisoft, Atari, Sandbox). Plus, Ultra isn’t merely a development and distribution platform. Thanks to the full-blown NFT marketplace in its pipeline, players will soon be able to trade their in-game assets, all under the same roof.
Source: https://coinmarketcap.com/currencies/ultra/
As Hustle put it, we would have begged for these prices a couple of months back. Before the dump, UOS had been one of the steadiest performers in the entire space.There are no guarantees in crypto, least of all crypto gaming, but if ever a project looked set to lead a strong recovery, Ultra is surely the one!
Immutable X
A huge, huge project, Immutable X (IMX) is currently 75% down from all time highs.
Source https://coinmarketcap.com/currencies/immutable-x/
Immutable X is the first Ethereum Layer-2 scaling solution expressly built for NFTs on Ethereum. Games building on Immutable X – top-tier projects that include Illuvium, Ember Sword, Guild of Guardians, and Gods Unchained – can harness its zk-roll-up technology to facilitate hyper-fast (and scalable) trading of in-game assets with zero fees.
Source: https://www.immutable.com/
If you’re bullish on crypto-gaming and in-game assets, you’ll understand just how important this is: the volume moving through this Layer-2 will be staggering. With healthy tokenomics and an array of impressive partnerships, Hustle reckons Immutable X is a leading contender to emerge one of the long-term winners of the crypto gaming boom.
SuperFarm
SuperFarm (SUPER) sits at the intersection of NFTs, gaming, and Decentralized Finance (DeFi). This protocol empowers creators, collectors and traders, thanks to an NFT marketplace supercharged with DeFi utility.
Source: https://superfarm.com/
At $0.66 and $250 million market cap, this is the cheapest we’ve seen SuperFarm since May 2021, and 5x from all time highs. The ball is rolling, Hustle reckons. With the NFT marketplace and Imposters game both expected to launch this year, SuperFarm is positioning itself as a meaningful competitor to OpenSea.
Source: https://coinmarketcap.com/currencies/superfarm/
If SuperFarm can capture its share of OpenSea’s volume and valuation, it’s going to make prior all-time-highs look like a warm-up. He may not be a billionaire tycoon yet, but don’t bet against EllioTrades!
Phantasma
A Layer-1 blockchain purpose-built for crypto gaming, Phantasma (SOUL) is fully interoperable, decentralized, and teeming with innovation. With incredibly healthy tokenomics (no fully-diluted market cap to spoil the fun!) Phantasma’s feature-set makes it a go-to for a range of gaming projects looking to benefit from its unique staking mechanism, smartNFT system, and more.
Source: https://phantasma.io/
Hustle believes this one has a huge amount of room to grow. And at $1.47, it’s currently 66% down from the all-time high. If you understand the challenges posed for Layer-1s by crypto gaming, you’ll see why Phantasma’s use-case is only just getting started.
https://coinmarketcap.com/currencies/phantasma/
Banter wisdom
There’s blood in the streets, and while that means it could be a good time to buy, you’ve also gotta buy smart. What do most of these projects have in common? They’re some of the most exciting picks and shovels in the crypto gaming space.
On the whole, individual gaming projects are a high-risk play given market conditions. But these 6 tokens offer exposure to a wide range of games and ecosystems. Instead of putting all your eggs in one basket, you’re investing (dollar-cost-averaging!) in the distributors, studios, Layer-1s, and Layer-2s that make everything else possible.
Right now, it’s all about maximizing the best opportunities, while minimizing the potential downside risk over a longer timeframe!
