What is CryptoMines (ETERNAL) Crypto Coin? A Real-World Look at the Play-to-Earn Token

When CryptoMines (ETERNAL) launched in 2021, it looked like a golden ticket. You’d buy a spaceship NFT, hire workers, send them to mine ETERNAL tokens on distant planets, and cash out like you were running a digital oil rig. But today? Most players aren’t making money-they’re paying to play.

What Exactly Is CryptoMines (ETERNAL)?

CryptoMines is a sci-fi themed blockchain game built on the Binance Smart Chain (BSC). Its native token, ETERNAL, isn’t just a cryptocurrency-it’s the lifeblood of the game. Think of it like a mineral you mine in space to keep your ship running and your workers employed. You use ETERNAL to buy new spaceships, upgrade your crew, and trade on decentralized exchanges. The game’s whole economy runs on this one token.

Unlike games that just use crypto as a reward, CryptoMines made ETERNAL the core resource. Every action inside the game-mining, upgrading, hiring-costs ETERNAL. And every time you mine, you earn more of it. That’s the promise: play to earn. But the math doesn’t always add up.

How the Game Actually Works

To start playing, you need three things: a BSC-compatible wallet (like MetaMask), some BNB for gas fees, and at least one spaceship NFT. Spaceships come in five-star ratings. A one-star ship can hire one worker. A five-star ship? Five workers. Each worker has random mining power based on rarity. Some mine fast. Some barely scrape by.

Workers don’t earn ETERNAL on their own. You need to assign them to planets. Different planets have different yields. Higher-yield planets cost more to access. And here’s the catch: the more powerful your setup, the more ETERNAL you need to keep it running. It’s a cycle: earn more to spend more.

The token supply is capped at 5 million ETERNAL. That sounds scarce. But here’s the problem: most of those tokens were released early. The initial sale in September 2021 raised between $379,000 and $535,000, selling over a million tokens at $1.32 each. Today? ETERNAL trades around $0.07. That’s a 95% drop.

Why the Price Crashed

When ETERNAL first listed, early adopters made bank. Some sold their tokens for $500 in profit. But as more people joined, the supply of ETERNAL flooded the market. Meanwhile, demand didn’t keep up. Players started earning less, spending more on gas fees, and cashing out just to cover costs.

By mid-2023, the average player was losing money. One Reddit user wrote: “I started with a five-star ship. After gas fees, I’m actually losing money to play now that ETERNAL dropped below $0.10.” That’s not a bug-it’s the model. The game’s tokenomics were built on hype, not sustainability.

Trading volume tells the real story. In 2023, the 24-hour volume on PancakeSwap hovered around $9.66. That’s less than the cost of a coffee. Compare that to Axie Infinity, which had a market cap of $247 million at its peak. CryptoMines’ market cap? Around $65,000. It’s not even in the same league anymore.

The Community Is Still There-But It’s Fading

CryptoMines still has over 80,000 Discord members and 50,000 Twitter followers. But most are holdouts. The active player base has dropped from 30,000+ in late 2021 to an estimated 5,000-7,000 today. The Discord channels are full of people asking: “Is this still worth it?” “Can I break even?” “Should I quit?”

The official team still posts roadmap updates: PVP battles, new ships, character upgrades. But nothing concrete has shipped in over a year. No major exchange listings. No big partnerships. No marketing push. The project feels frozen.

YouTube has hundreds of tutorials-but almost all were made in 2021 or 2022. New videos? Rare. The creators moved on. Why? Because the money dried up.

Is It Still Worth Playing?

If you’re thinking of jumping in now, here’s the hard truth: you’re not buying into a game. You’re buying into a sinking ship.

Here’s what you’d need to break even today:

• Buy a decent spaceship (minimum 3-star): $150-$300
• Buy enough ETERNAL to cover gas fees and upgrades: $50+
• Wait months for mining to pay back your investment
• Hope the price doesn’t drop further
• Pay $1-$3 in gas fees per day just to claim your earnings

At current prices, a top-tier setup might earn you $0.30-$0.60 per day. After fees? Maybe $0.20. That’s not a side hustle. That’s pocket change with high risk.

And if you’re hoping to flip ETERNAL for a profit? Good luck. With daily volume under $15, finding a buyer isn’t easy. You’ll likely have to sell at a discount just to get out.

How It Compares to Other Play-to-Earn Games

CryptoMines isn’t alone. Axie Infinity, Splinterlands, and StarSharks all launched around the same time. But they adapted. Axie Infinity added new gameplay, reduced token inflation, and focused on fun. Splinterlands built a strong card game engine. StarSharks added multiplayer battles.

CryptoMines didn’t. It kept the same model: mine, earn, sell. No real innovation. No quality upgrades. Just more tokens flooding the market.

Today, the industry has moved on. Players don’t just want to earn-they want to enjoy. Games that prioritize gameplay over payouts are winning. CryptoMines is stuck in 2021.

What the Experts Say

Blockchain Research Institute rated CryptoMines’ sustainability at 2.1 out of 10 in 2023. Their report said: “Unsustainable tokenomics, collapsing player base, and lack of meaningful differentiation.”

Analysts agree: unless the team burns half the remaining ETERNAL supply, introduces real gameplay depth, or gets listed on a major exchange, the token will keep drifting toward zero.

Even the project’s own team seems to have lost momentum. Their last major update? Over 18 months ago.

Final Verdict

CryptoMines (ETERNAL) was a product of its time. In 2021, when everyone was chasing play-to-earn, it looked exciting. Today, it’s a cautionary tale.

It’s not a scam. The game exists. The code works. People still play. But the economic model broke. The token lost its value. The players left. And the team didn’t fix it.

If you’re looking to make money from crypto games, look elsewhere. If you’re looking for a fun sci-fi space game with a working economy? CryptoMines isn’t it.

Save your money. Watch from the sidelines. And if you already play? Consider it a learning experience-because this is how not to build a crypto game.