Several projects in the cryptocurrency market are based on a Play-to-Earn (P2E) concept. Moshnake (MSH), Enjin Coin (ENJ) and The Sandbox (SAND) fall into this category.
These projects merge the very popular fields of cryptocurrency and video games to create an opportunity for players to make money while doing their thing. The platform’s native currencies are often used in their ecosystems to purchase characters and weapons and can be earned as rewards for completing game tasks.
Sandbox (SAND) and Enjin Coin (ENJ) have been around for a while and are thriving in the P2E industry. Crypto traders who bought into these projects early have seen huge returns.
If you missed them in the early stages, Moshnake (MSH) offers a whole new opportunity with its classic gaming ecosystem. This is how it works.
Moshnake
Moshnake (MSH) is an evolving NFT game based on the P2E concept. The game developers got the project idea from the popular classic “Snake” game in the 90s. Moshnake intends to create an ecosystem where players can relive the classic game, but with the ability to earn while playing it.
The game will feature several NFT Moshnakes, such as Mamba, Viper, Krait and Cobra. Players simply have to direct their Moshnaks to feed on the various eggs, and in-game NFT collectibles are scattered throughout the arena. Players can also battle their snakes against other snakes in the Battle Royale arena.
Besides the Snake game, Moshnake (MSH) plans to offer alternative entertainment options to turn the ecosystem into a massive social platform. For example, players can interact with friends and other individuals hanging out on the platform.
Activities within the gaming ecosystem will be based on Moshnake Token (MSH), although it has another token, Venom (VEN), which will support gaming. The MSH and VEN tokens will be based on the Binance Smart Chain and have a maximum supply of 1 billion and 20 billion respectively.
The project has launched a pre-sale to fund its big plans, with the MSH token only going for a fraction of what it could be worth in the future.
Enjin and Sandkassen
Enjin Coin (ENJ) and The Sandbox (SAND) are two of the most popular NFT game-based projects on the market. The primary application for Enjin Coin (ENJ) is to store and manage virtual items for video games. These can be anything from in-game currency to tokens that symbolize special collectibles such as swords or figure accessories. Users must lock the platform’s ENJ token to mint items on the platform.
On the other hand, The Sandbox (SAND) is a decentralized NFT game Metaverse built on the Ethereum blockchain that allows non-technical people to build, sell, use and monetize their virtual reality NFTs. The entire in-game economy depends on the crypto metaverse’s native cryptocurrency, SAND, for support.
Enjin coin and The Sandbox have helped advance the NFT gaming sector and have built solid communities for themselves. However, Moshnake is still in its infancy and has the potential to be as successful as its predecessors.
The simple classic game model will appeal to more enthusiasts outside of the core gaming community.
To learn more about Moshnake (MSH), visit the links below:
Website: https://moshnake.io
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