Altcoin daily identified gaming as the latest trend in the crypto space and handpicked the best gaming altcoins that are set to explode.
First, second and third pick is Decentraland’s MANA token, Atari’s ATRI token and Ethereum. MANA and ATRI both hit new all time highs in the wake of the news that Atari is set to build in-world casino inside Decentraland’s virtual realm. The gaming industry is growing bigger and Ethereum will benefit a lot with increase in the network effect because most of these gaming platforms are being built on the Ethereum blockchain (1:16).
Chain Games (CHAIN)
The fourth coin is Chain Games (CHAIN), an aspiring project trying to become the go-to blockchain gaming ecosystem, all while preserving the decentralized and no intermediaries needed nature of the field. The native token is CHAIN, which is used for participation fees, staking, payouts and generates rewards from 15% of the participation fees paid out by gamers. CHAIN’s supply also decreases continuously, resulting in deflationary pressure, because smart contract burns 1% of the fees received for playing games (5:04).
Enjin Token (ENJ)
The next gaming token on the list is Enjin (ENJ). Enjin recently collaborated with Microsoft to bring cross-platform custom NFTs to one of the world most popular games; Minecraft. Users can spawn Microsoft Azure heroes via the EnjinCraft plugin into the game (7:19).
RedFOX Labs (RFOX)
The sixth coin is RedFox Lab coin (RFOX). The token serves as the universal virtual currency within the RFOX ecosystem. RFOX opens up the gaming world by allowing holders to use a token bridge to the WAX Blockchain, where they will launch their first games. The coin has a lot of potential to move further to upside and is only listed on Uniswap at the moment (8:20).
The seventh and last gaming coin on the list is GameCredits (GAME), a platform for game developers to deliver blockchain in-game items within their games, with only a simple API call (10:44)
This episode premiered on March 18th, 2021.