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3 Play-to-Earn Games on WAX to Consider

Posted October 3, 2022 3:35 pm
8 min
By Tomas Vitolo

WAX is one of the most popular Web3 ecosystems for Play-to-Earn and NFTs. Founded in 2017 by crypto pioneers William Quigley and Jonathan Yantis, players can access thousands of decentralized apps (dApps) and a range of unique marketplaces. That being said, today we’re going to cover three games on the WAX blockchain you should consider.

1) Farmers World

2) Mining network

3) Wombat Dungeon Master

Farmers World

play-to-earn: Farmers World

It’s been more than a year since Farmers World officially launched. In that time, it has attracted over 150,000 players worldwide and has over 60,000 members on its Discord. The gameplay is passive, which may be a big plus to gamers who don’t want to spend too much time on the game. It’s a Play-to-Earn game of strategy and timing, it’s not a skill-based game.

There are three in-game tokens: Food, Wood and Gold. Each one of them has its own use, and can be exchanged within the game. You’ll spend most of your time using NFT tools to farm these three resources. You can also buy NFT Land Plots to cultivate food and raise NFT animals. Plus, you can sell your earned NFTs on the secondary market for WAX. Such is the life of a farmer working in Farmers World’s Ecosystem. 

To start playing, you’ll need to go to the Website and select the “Play & Earn” option. You will be redirected to the actual game where you’ll need to connect your WAX wallet. To start playing, you will need a certain amount of in-game tools to mine tokens.

Corresponding to the three different tokens, there are three tool groups to exploit those resources

  • FWW: Axe, Saw, ChainSaw
  • FWF: Fishing Rod, Fishing Net, Fishing Boat.
  • FWG: Mining Excavator

You can buy these from decentralized exchanges (DEXs) such as Alcor Exchange. The current price for FWW is $0.00000373 USD while FWF is currently $0.00000093 USD and FWG $0.00000391 USD.

Each tool has a cooldown of one hour after using it to mine resources. This means you can’t use the items until the countdown is over.

Additionally, you can also purchase Membership cards. These cards are “wearable” NFTs used to get in-game bonuses such as a chance to mine more resources or increase tool slots and increase your Energy.

There are 4 different levels of membership cards

  • Level 1: Bronze Member (common)
  • Level 2: Silver Member (uncommon)
  • Level 3: Gold Member (rare)
  • Level 4: Diamond Member (epic)

You can find these membership cards at Atomic Hub marketplace. The Bronze member card is trading at a floor price of $0.0003 USD, the Silver member at $0.0002 USD, Gold member at $2,350 USD while there are currently no Diamond members cards on the market. 

Over the past three months, FWW is down 56% per CoinMarketCap.

In terms of earnings potential, it depends on how well you distribute your resources and how good of a Farmer you are! There are plenty of Play-to-Earn combinations and various items will affect your performance in the game. For a better understanding, according to the leaderboard, the player that currently has the best daily performance in the game is earning 7,757 FWF ($0.007), 7776 FWW ($0.03) and 4910 FWG ($0.02) per day. A total of $0.057 daily USD. Assuming you buy a rare Fishing Boat, a rare Chainsaw and a rare Mining Excavator, you will have a total cost of $0.34. These combinations will produce 1920 FWF, 1296 FWW and 1200 FWG per day, a total of $0.000535 USD. This implies an annual ROI of 57%.

The project is currently developing Farmers World applications on both iOS and Android platforms to provide players with a new experience. They are also looking forward to introducing new characters, items as well as other developments. Make sure to keep an eye on their Website, Twitter, Discord and Telegram for daily updates.

Mining Network

Who’s ready to do some mining? Mining network is a game that combines Free-to-Play and Play-to-Earn models. Every new user can get a free NFT and start earning immediately after registering in the game. The game was launched in May and has witnessed a dramatic increase in user numbers, gaining over 800,000 unique wallets from mid-May to mid-June. The game is currently in the top five games on WAX.

In terms of gameplay, players must use mining equipment to obtain the game resource; Shares. Later, users can convert the resource into the in-game token (BTK). 1 BTK is equal to 587,093,951 Shares. 

Mining Network is a game that imitates the process of miner machines. Users will need to acquire an ASIC (NFT) in order to start mining the in-game rewards. There are five different types of ASIC’s; common, free, rare, epic and legendaries. Each one of them earns a different amount of Shares (Sh). Later you can trade those Shares for BTK, the in-game token. BTK is currently trading at $0.19 USD and you can buy it in Alcor

The price to acquire the most common ASIC’s, is 10 WAX ($0.86 USD) at Atomic Hub. The free ASIC’s can be acquired in that marketplace as well, by just paying the gas fee that is around $0.07 USD. Users can spend BTKs on acquiring more ASICs from the in-game market or upgrading the ASICs to achieve a higher mining power. The most common ASIC class 0, produces 4320 Shares per day, 0.00000197 WAX which is equal to $0.00000001631 USD. This implies an annual ROI  of 0.00085% for this free ASIC NFT. Remember you can upgrade your ACIS several times in order to earn more shares per day.

Mining Network reached the top spot for most popular collection at Atomic Hub. Their combination of Free-to-Play and Play-to-Earn is attractive to people because it allows everyone to start earning at almost zero cost. The project is in its early stages and they have plenty of new plans for the next few months. Remember to read the Litepaper and check out their Website and other future announcements via their Twitter, Discord or Telegram.

Wombat Dungeon Master

Launched on EOS and WAX on December 12th, 2021, Wombat Dungeon Master is a Play-to-Earn NFT staking game in which players can stake their NFTs collections and earn in-game equipment plus WAX or EOS tokens. You will send those NFTs into the dungeon for a staking period. Then, the in-game Wombats will go around digging for the NFTs as well as acquire resources like iron, coal, and uranium.

So what’s the gameplay like? In fact, the game is fairly easy to play. Users need to connect their EOS or WAX Wallet to get access to their NFTs and stake them. Depending on the rarity of the NFT collection, a certain amount of mining power is allocated to the Wombat. As the Dungeon Master you’ll choose from four different durations to send your Wombats into the dungeon; five minutes, one hour, six hours, and one day. 

The Wombat’s goal is to bring back materials from the Dungeon. These materials are Coal, Iron, Uranium and are useful for the player to buy Crafting Materials. Crafting is used for items such as shoes or glasses that will increase your Wombat’s performance. Additionally, the Wombat can bring back Experience (XP) from the Dungeon. The maximum number of NFTs staked per player per blockchain is 100 and you can unstake them at any time. 

At the end of the day you are rewarded with season points for the amount of contribution you put in. These points are converted  into WAX or EOS at the end of the Dungeon Master season (six weeks long). Season points convert from 100,000 points = 1 USD. Unfortunately, there are so many variables in this game it’s unclear what a typical ROI would be. 

The WOMBAT token started circulating a month ago as of this writing. Currently,  you can’t earn the token you’ll need to buy it on an exchange. The current price is $0.0038 USD. Users that stake WOMBAT, will receive free VIPs as well as airdrops. Additionally,  you can receive material boosting to increase your earnings.

Per CoinMarketCap, WOMBAT is down 65% over the last three months.

You can follow Wombat Dungeon Master developments at their Twitter, Discord and Website.

In summary, the WAX ecosystem is a major Web3 gaming blockchain with many variations of the Play-to-Earn model. Atomic Hub marketplace has seen significant volume over the few months. In fact, in the last 24 hours, as of this writing, the market volume crossed 1 Million WAX which accounts for over $30,000 volume in USD. 

This has been just a short primer on three games on WAX to consider. Stay tuned for more coverage in the near future!

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.