Avalanche (AVAX) is one of the blockchains that shows great potential to become a P2E hub.
Specifically, Avalanche has opened a special network, known as C-Chain, that shares features with Ethereum, BSC, Polygon, Solana and other blockchains. C-Chain is compatible with MetaMask wallet, which is key to fast and safe connections to browser-based apps.
C-Chain is thus compatible with the P2E model, though with the difference of using a different MetaMask setup and the AVAX native asset.
What is the AVAX Token
The AVAX token is the native asset that pays the fees on the Avalanche exchange. It can be used as a means of payment, as well as for setting up more technical operations for advanced users.
For P2E players and NFT collectors, AVAX can be used to monetize in-game rewards, buy assets or pay for transaction fees.
AVAX is widely traded on both centralized and decentralized exchanges, and is accessible for swaps, in-wallet swaps, direct purchase or trading.
AVAX prices move between lows of $13 and highs of $128 in the past year, more often hovering in the $80-$100 range.
How to Buy AVAX
The right asset for P2E and NFT activities is AVAX on the C-Chain, or AVAX-C. The most accessible point is Changelly, which offers direct purchase, as well as swaps for most of the leading cryptocurrencies. If the potential player does not own another crypto asset, Changelly offers direct debit card purchase.
AVAX is available for users with access to a Coinbase account, and can be bought for fiat.
The asset is also traded and swapped on the Binance exchange, again after widely accessible crypto assets, including stablecoins like USDT and USDC.
AVAX can also be swapped on the Pangolin exchange, the decentralized exchange on the Avalanche C-Chain.
What are the AVAX Use Cases
AVAX can be used to purchase teams in the Crabada game, as well as other NFTs.
The Avalanche C-Chain holds multiple NFT collections. The total estimated value of those collectibles is more than 165M.
Avalanche is just starting out with P2E games and the number of items and playable characters may increase.