Comparing Earning Potentials in Blockchain Gaming: Decentraland, NuggetRush, and The Sandbox
In Brief
The Decentraland (MANA) community anticipates an upcoming airdrop, The Sandbox (SAND) reduces NFT minting fees on Polygon, and NuggetRush’s (NUGX) $1 million token sale revenue attracts play-to-earn investors.
TLDR
- Decentraland’s (MANA) community is eagerly anticipating its upcoming airdrop.
- The Sandbox (SAND) has announced cheaper NFT minting fees after moving its marketplace to Polygon.
- NuggetRush’s (NUGX) $1 million in token sale revenue has enticed investors in the play-to-earn community.
Decentraland’s (MANA) recent performance could increase due to its upcoming airdrop. The Sandbox (SAND) has also moved its NFT marketplace to Polygon.
However, NuggetRush’s (NUGX) mining adventure game has dominated headlines after revealing multiple reward-earning opportunities. NUGX’s presale has also recorded a 30% increase. Yet, can NUGX outperform P2E projects like MANA and SAND? Let’s hear expert opinions.
Decentraland Holds Airdrop Amid Market Struggle
Decentraland (MANA) is holding an airdrop for its community, an announcement that has increased its recent popularity. The airdrop comes amid Decentraland’s (MANA) market struggles despite the widespread bullish momentum in the crypto market. Although investor sentiment had jumped for several tokens, Decentraland’s (MANA) growth slowed considerably.
MANA token traded at $0.3790 on October 29. By December 1, MANA jumped by 15.9% to $0.4396. It further increased by 21.6% to $0.5348 by December 9 before declining by 11.2% to $0.4748 by December 18.
Decentraland’s (MANA) airdrop will add to the excitement around its cross-chain NFT shopping upgrade. Via a partnership with Squid Router and Axelar network, Decentraland’s marketplace would accept NFTs from top altcoins like Polygon and Ethereum.
This would streamline the NFT shopping experience on Decentraland, thus further pushing MANA’s value up by 31.5% to $0.6248.
NuggetRush: Investors Flock to P2E Mining Adventure
NuggetRush (NUGX) represents the next generation of play-to-earn gaming networks. It features a mining adventure that offers multiple reward-earning opportunities. NuggetRush (NUGX) also includes a smooth way to convert game assets to money.
The mining rush features an ecosystem of miners, adventures, and investors. Players start as beginners, working their way up, becoming expert miners, and gaining vast financial rewards.
NuggetRush (NUGX) celebrates the love for artisanal mining around the world. It features several NFT characters from around the globe. These characters possess various skills, ranging from mining to entrepreneurship. Players must then leverage these skills by assembling an efficient team.
Furthermore, players must invest wisely by buying efficient mining equipment. This affects how much rewards they can earn from their mining operations. Players will also earn money from digging mineral resources excavated during their operations.
NuggetRush’s (NUGX) rewards offer has attracted numerous investors. Its ongoing blockchain ICO has raised more than $1 million since its presale was launched. NUGX is now in round three of its presale, trading at $0.013, after recording a 30% growth since the start of its presale. NUGX’s listing will come when it hits $0.02 after growing by 58.3% from its round three price.
The Sandbox Migrates its Digital Marketplace to Polygon
The NFT gaming community is in high spirits following The Sandbox’s (SAND) migration of its NFT marketplace to Polygon. The move would lead to lower gas fees for minting assets on The Sandbox. Furthermore, The Sandbox has announced that it will cover ten transaction costs per user each month. This would lead to a cheaper NFT experience on the network.
The announcement could boost The Sandbox’s (SAND) recent performance. SAND traded at $0.3464 on October 31. It jumped further by 23.3% to $0.4293 by December 2. SAND jumped by 23.8% to $0.5317 by December 15 after its marketplace migration to Polygon.
Gas fees on Ethereum sometimes skyrocket to high levels, thus dissuading activity on NFT exchanges. The Sandbox (SAND) hopes to capitalize on the renewed NFT investor sentiment by migrating its NFT exchange to Polygon. This could make The Sandbox one of the most popular NFT projects.
Analysts say The Sandbox’s (SAND) network could rise sharply following the move. This could further push SAND up by 16.9% to $0.6217.
Visit NuggetRush Presale Website
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Disclaimer
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articles
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
