Blockchain-Based Gaming Coins Could Be the Next Wave, Don’t Miss These 3 Tokens
After the rumor went spreading on the supposed partnership between Samsung and Enjin Coin, it led the price of the ENJ to explode. The price went up to about eight times of its writing in just the past two weeks.
The alleged partnership could be signaling an alleged legitimate corporation, or it could merely be a marketing ploy its all yet to be seen. But if it is true the implication of the partnership is already priced in.
If you are one of those investors who are a little bullish when it comes to gaming, and missed on the ENJ opportunity, not to worry as there are several other projects in the market that you can keep an eye on.
More on the Enjin Coin
The Enjin Coin Was primarily established as a service that will be able to allow the different developers in the market to be able to mint some virtual assets and items. It is the likes of the ERC-1155, which is a non-fundable token that is used by locking up the ENJ.
The team that is behind this coin has been able to onboard a number crypto games that have also gone ahead to pledge the incorporation of the ENJ assets in the near future.
But this is not all as the team will also be working on releasing a Software Development Kits that will be in a number of languages, to ensure they have made game development together with the integration of the ENJ to be more palatable.
The three gaming coins to look into
Therefore, if you are interested with the growing gaming niche that is within the crypto world, and you missed the boat on the ENJ, or you were just a little skeptical on their potential, we have good news for you.
There are several other amazing projects in the market that you can look into, below are three notable ones that every investor within the niche is talking about.
1. The Loom Network, LOOM
The network has been designed with a killer application with a system that is referred to as the Plasma. It is a side chain ecosystem that has been designed alongside the Ethereum blockchain, one that will be able to provide a more intuitive and feasible environment for the different dApps in the market to flourish.
The developers on the platform will pay a subscription for the standalone sidechain that they use on LOOM, to ensure they are able to provide an experience that is similar to a toll road that has been built next to a rush hour freeway within the Ethereum Network.
This is not all, as the team behind the platform is also building several in house dApps that will be able to run in the Plasma, the most notable one being the Zombie Battleground, which has been made as a trading card game.
2. The Decentraland, MANA
The platform can best be described as the decentralized second life. It has been made as a virtual reality world, where the players are able to maintain some complete ownership of the virtual real estate they have designed.
As a landowner, you will be able to build your own kind of setting with the use of the Decentraland editor software. If you are looking to have more in the platform, it has been made possible as elevated events and activities are easily built through the platforms SDK.
The MANA is the currency that governs the virtual landscape, and it is the medium that is used in case you would like to purchase land parcels.
3. XAYA, CHI
The XAYA has been able to attain a market cap of about $2 million and still has been able to fly under the radar as compared to the projects we have mentioned previously. But this should not fool you as the XAYA has been able to represent the most advanced blockchains that you can find within the crypto space.
It is because the platform comes from the primary inventors of the blockchain gaming technology through the Huntercoin experiment. And it is one that represents a custom blockchain that is geared towards gaming.