What is Enjin? Enjin is a full-stack blockchain ecosystem designed for games, apps, and virtual economies. From the Enjin Wallet to NFT.io and Beam, it gives developers everything they need to build player-driven digital worlds where assets are real, ownable, and liquid. Launched as a gaming community platform back in 2009, Enjin pivoted to blockchain in 2017 and went on to co-create ERC-1155 , the now-standard multi-token NFT format on Ethereum. In 2023, Enjin leveled up again - launching the Enjin Blockchain , a purpose-built Substrate chain optimized for NFTs, gaming, and low-cost digital ownership. The Enjin Ecosystem Enjin isn’t just a blockchain - it’s a toolkit, a platform, and a thriving economy. Here’s how it breaks down: Enjin Blockchain : A high-throughput, eco-friendly Layer 1 built specifically for NFTs and digital assets. Proof-of-Stake, fast, and optimized for real in-game economies. Enjin Wallet : A secure mobile wallet for managing crypto and NFTs, trusted by millions. NFT.io : A fully integrated marketplace for creating, trading, and distributing NFTs on the Enjin Blockchain. Enjin Platform SDKs : Dev tools that allow games and apps to integrate NFTs in under 24 hours. Enjin Beam : A QR-based NFT distribution tool that turns NFT drops into real-world engagement events. Whether you're building the next Web3 MMORPG or dropping limited-edition assets at a live event, Enjin’s ecosystem gives you plug-and-play infrastructure. At the Core: Enjin Coin (ENJ) $ENJ is the native token of the Enjin Blockchain. It’s the governance and utility token that powers the Enjin ecosystem and is used by all games, products and services using Enjin for a variety of purposes. Governance & Staking - Stake ENJ coin, elect validators, vote on proposals and steer the future of the ecosystem. Transaction Fees - ENJ is used to pay for gas costs for every on-chain action. Trading - ENJ is the native trading token for the Enjin on-chain marketplace. NFT Minting - ENJ is used to create, mint, send, and infuse NFTs. ENJ Infusion - ENJ can be locked into an NFT to give it intrinsic value. The ENJ can be redeemed by destroying the NFT and releasing the ENJ to its holder. ENJ-Backed NFTs: Value You Can Redeem One of Enjin’s key innovations is ENJ-backed NFTs - each asset is minted with a specific amount of ENJ inside it. That ENJ is locked in the NFT and can be “melted” back out at any time by the holder. Game items with reserve value Digital collectibles with liquidity Tradable goods backed by real economic weight This feature gives NFTs a floor value, promotes sustainable ecosystems, and gives players true ownership with exit options. Adoption & Partnerships Enjin doesn’t just talk to builders - they’re building with the best: Microsoft - Azure Heroes badge system Square Enix - NFTs for gaming content Samsung - Integration into Galaxy Store 100+ indie and AAA developers - across AR, RPGs, card games, and Minecraft servers These aren’t test projects - they’re deployed, live integrations across mainstream and Web3-native platforms. What’s New? Enjin Blockchain launched in Sept 2023 with full migration from Ethereum and Polkadot Triple migration streamlined asset ownership and developer experience As of May 2024, 95% of ENJ supply unlocked , showing ecosystem maturity Enjin is no longer in beta mode. It’s shipping production infrastructure for the next wave of Web3 gaming. Fun Fact The ERC-1155 token standard - now used by every major NFT platform - was proposed by Enjin CTO Witek Radomski back in 2018. What started as a gaming upgrade became the bedrock of the modern NFT movement. Enjin has been in the game since before Web3 was a buzzword - and now they’re powering some of the most advanced tools for blockchain gaming anywhere. If you're building the future of digital economies, Enjin already built the infrastructure
Enjin Blockchain has added testnet support for stablecoins USDC and USDT, enabling their use within its NFT and gaming ecosystem via Hyperbridge. Stablecoins are heading to Enjin Blockchain, with USD Coin ( USDC ) and Tether ( USDT ) now live on Hyperbridge’s testnet in a move the team says will unlock cross-chain utility. The upgrade uses Enjin’s MultiToken Pallet, which supports the creation and transfer of many types of tokens, including stablecoins, the team said in a Thursday blog announcement. The pallet is part of Enjin’s Substrate-based blockchain architecture and underpins features such as the on-chain marketplace, NFT minting, and SDK/API access. The testnet setup lets users lock their USDC or USDT on Ethereum or BNB Chain, then Hyperbridge steps in to confirm the action and helps mint a matching stablecoin version — called a multitoken — on Enjin Blockchain. The team said that locking the original token in a Hyperbridge vault happens in a “decentralized, user directed manner,” adding that the process doesn’t involve Enjin’s apps or platforms and is fully managed by Hyperbridge smart contracts and relayers. The team said that once minted, the multitokens work just like any other token within the Enjin ecosystem, and noted that many games and platforms on Enjin Matrixchain already support NFTs and similar features. You might also like: US banks plot joint stablecoin as regulation looms over crypto sector They added that the system is designed to maintain a 1:1 link between the original stablecoin and its multitoken version on Enjin. According to the team, both the locking and minting steps are publicly verifiable and can be audited. To get the original token back, users can burn their multitokens on Enjin, which triggers a reverse process to unlock the original asset. The new testnet support builds on Enjin’s broader push to grow adoption of its own blockchain, which launched in September 2023 as a custom network built on Polkadot’s Substrate framework. In December 2023, the team completed a major migration, moving 200 million NFTs to its mainnet to encourage usage of its network. The campaign allowed users to claim their assets on the Enjin Blockchain using an updated Enjin Wallet. Read more: White House crypto czar David Sacks says stablecoin clarity could trigger trillions for US debt
United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce said many non-fungible tokens (NFTs), including those with mechanisms to pay creator royalties, likely fall outside the purview of federal securities laws. In a recent speech, Peirce said NFTs that allow artists to earn resale revenue do not automatically qualify as securities. Unlike stocks, NFTs are programmable assets that distribute proceeds to developers or artists. The SEC official said that mirrors how streaming platforms compensate musicians and filmmakers. “Just as streaming platforms pay royalties to the creator of a song or video each time a user plays it, an NFT can enable artists to benefit from the appreciation in the value of their work after its initial sale,” Peirce said. Peirce added that the feature does not provide NFT owners any rights or interest in any business enterprise or profits “traditionally associated with securities.” SEC never prohibited NFT royalties Oscar Franklin Tan, chief legal officer of Enjin core contributor Atlas Development Services, told Cointelegraph that the recent remarks by Peirce on NFTs and creator royalties have been widely misunderstood. Peirce had clarified that NFTs that send resale royalties to artists are not necessarily securities, a view Tan says is legally sound but mischaracterized in some media reports. “So Hester Peirce said that an NFT that sends royalties back to the creator after a sale is not a security. This is correct, but the way some media reported this is completely out of context,” Tan told Cointelegraph. “The actual context is that this is not controversial, and it was never considered a security.” The lawyer said US securities law focuses on regulating investments and not compensating creators for their work. “The artist or creator is not an investor, not a passive third party in the NFT,” he said, noting that royalty payments are not considered investment income. Instead, Tan told Cointelegraph that this type of earning is “analogous to business income,” which the SEC does not regulate. He added: “The SEC never prohibited contracts where artists and creators get royalties from secondary sales of their work, not royalties from paper contracts or blockchain protocols.” Tan explained that the legal distinction becomes more complicated when NFTs promise shared profits from royalties to multiple holders beyond the original creator. Tan also urged regulators and market participants to apply traditional legal reasoning to new blockchain technologies. “Ask yourself, if this were done by pen and paper instead of blockchain, would there still be a regulatory issue?” he said. “If none, slow down.” Source: Oscar Franklin Tan Related: SEC charges Unicoin crypto platform over alleged $100 million fraud OpenSea calls on the SEC to exempt NFT marketplaces from oversight While NFT royalties may not have been a controversial SEC issue, NFT marketplaces are a different case. In August 2024, NFT trading platform OpenSea received a Wells notice from the SEC, alleging that NFTs traded on the marketplace could qualify as unregistered securities. On Feb. 22, OpenSea CEO Devin Finzer announced that the SEC has officially closed its investigation into the platform. The executive said that this was a win for the industry. Following the conclusion of the SEC’s investigation, OpenSea’s lawyers penned a letter to Peirce , who leads the SEC’s Crypto Task Force. OpenSea general counsel Adele Faure and deputy general counsel Laura Brookover said in an April 9 letter that NFT marketplaces don’t qualify as brokers under US securities laws. The lawyers said the marketplaces don’t execute transactions or act as intermediaries. The lawyers urged the SEC to “clearly state that NFT marketplaces like OpenSea do not qualify as exchanges under federal securities laws.” Magazine: NBA star Tristan Thompson misses $32B in Bitcoin by taking $82M contract in cash
Take-Two shares rise as viral GTA 6 post drives parallel gains in ENJ, SAND, and MANA token prices ENJ crosses 50/200 MA as gaming tokens show strength on rising GTA 6-related crypto trading volumes On-chain data links Bitcoin flows to gaming wallets as ARKQ ETF inflows rise with tech-driven sentiment Financial markets are reacting to surging anticipation for Grand Theft Auto 6 (GTA 6), as Take-Two Interactive (TTWO) stock and associated crypto gaming tokens registered gains today. This market activity intensified following a viral May 6, 2025, social media post by Cookie DAO, which spotlighted the 13-year timeframe since the last GTA installment and sparked wider financial discussions. GTA 6? 13 years. You? 13 days to flip the script if you’re running on data. pic.twitter.com/ihnMFq1t3o — Cookie DAO (@cookiedotfun) May 6, 2025 Take-Two Interactive, the parent company of GTA developer Rockstar Games, saw its stock climb 1.2% in pre-market trading to $150.23 in response. This movement drew immediate attention to potential impacts on related digital assets, particularly gaming-focused cryptocurrencies. Related: Gaming Tokens Rebound 28% to $5.71B as… The post Gaming Tokens Surge as Take-Two Rallies on Viral GTA 6 Countdown Post appeared first on Coin Edition .
The evolving crypto market of 2025 sees investors searching two directions by targeting both presale projects and established digital assets. Presales like Aureal One and DexBoss offer early access to innovative platforms with strong potential and well-defined roadmaps. The digital currency market has two aspects because Bitcoin (BTC), Enjin Coin (ENJ) and XRP (Ripple) demonstrate stability and practical applications alongside new projects seeking presale investments. These five cryptocurrencies deserve watchlist attention because they provide early-stage growth as well as stable portfolio contracts. List of 5 best cryptos to buy now: Aureal One (DLUME) DexBoss (DEBO) Bitcoin (BTC) XRP (Ripple) Enjin Coin (ENJ) 1. Aureal One (DLUME): A New Era for Gaming and the Metaverse Aureal One serves as a dedicated blockchain system which provides speed and reduced fees specifically for virtual gaming environments together with metaverse worlds. The presale of DLUME is currently in its fourth round at a price of $0.0013 and expects to rise to $0.0045 when final presale concludes. Click here to visit best crypto to buy now – AurealOne Zero-knowledge rollups operate as an enabling technology for achieving scalability while the network specifically targets the support of fluid in-game economy systems. All DLUME transactions and governance votes and staking commitments within the platform will be processed through the DLUME network. Q2 2025 marks the initial alpha release of Clash of Tiles while Q3 introduces a token swap in the framework. Early investors find Aureal One highly appealing because it combines strong objectives with sophisticated network tools. You can access the Aurealone website for joining the presale. 2. DexBoss ($DEBO): Fast, Secure, and User-Centric DeFi Trading DexBoss develops a next-generation decentralized exchange (DEX) which focuses on speed along with high liquidity while providing user-friendly interfaces to customers. The token $DEBO from DexBoss has started its presale launch at $0.01 yet will reach $0.0458 in round 17. DexBoss provides its users with three essential features: real-time trade execution, margin trading functionality along with deep pools of liquidity which create a smooth trading environment for all user types. The company plans to launch its platform through Q2 2025 when major exchange listings and trading capabilities will become available. The combination of a compelling DeFi application with neatly designed tokenomics positions DexBoss as an interesting project for 2025 monitoring. Users can obtain additional details about Dexboss through their official website. 3. Bitcoin (BTC): The Benchmark for All Cryptocurrencies Bitcoin functions as the foundational element of the crypto market since it lacks a presales mechanism during the year of 2025. BTC represents the most decentralized digital currency that has achieved widespread adoption because investors increasingly view it as digital gold which protects them from financial system breakdowns. The tide of institutional support continues to grow strong because of ETF approvals that have expanded into international financial systems. The fundamental characteristics of Bitcoin which include limited supply, strong network protection as well as worldwide usage acceptance combine to establish it as an essential crypto asset for investment portfolios. 4. XRP (Ripple): Real-Time Payments at Global Scale XRP serves as the native asset of Ripple network and works to modernize cross-border payment processes through its quick inexpensive international transfer capability. Through major bank and financial institution partnerships Ripple delivers practical value which remains rare between altcoins. XRP stands as a high-impact financial asset for the future audience of 2025 because regulatory understanding improves along with broad international adoption. Its business strategy centered on use cases and operational efficiency continues to maintain relevance in the years ahead of market speculations. 5. Enjin Coin (ENJ): Empowering Digital Ownership in Gaming Enjin Coin operates as a revolutionary platform which facilitates NFT management solutions alongside their creation and cross-platform integration specifically within video games. Developers use ENJ to mint blockchain assets which they can apply across many games from various platforms. The NFT industry continues to develop while Enjin expands its infrastructure with new tools that include Enjin Platform and Efinity parachain on Polkadot. The ENJ token provides direct practical benefits specifically to gaming industries because digital item ownership and game economies driven by gamers are now expanding. Summary: Balancing Innovation and Stability in Your Crypto Strategy As presale interest surges in 2025, Aureal One stands out during its presale period through its gaming-centric blockchain design that makes it an excellent metaverse investment opportunity for prospective investors. The combination of dexboss’s DeFi platform designed for traders and solid upcoming technology framework will surely attract people involved in decentralized financial systems. Bitcoin and XRP form the established foundational elements of crypto space. Fit for all crypto needs these established coins function as value-storage solutions which also offer institutional payment capabilities and NFT capability and Enjin Coin joins as the trending crypto to create a solid foundation of trust and viable long-term vision. Crypto investments during presales bring significant danger because all such investments come with risks. Prior to investing do thorough research on the project while knowing your loss limit and funding within that amount. Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Best Cryptos to Buy Now: Next-Gen Gaming is Here- Aureal One’s Vision for the Future of the Metaverse!! appeared first on Times Tabloid .
Cryptocurrency prices started the week well as traders and investors started to move back into the industry, pushing the total market cap of all coins to over $2.84 trillion. Bitcoin price jumped to $87,000 for the first time in over a week. That rally led to more gains in the altcoin market. Loom Network token price jumped by 150%, while Boba Network (BOBA), Treasure (MAGIC), Aurora (AURORA), and Enjin Coin (ENJ) rose by over 40%. Bitcoin price formed a bullish pattern ahead of the rebound Technicals suggest that Bitcoin price was slowly forming a highly bullish chart pattern ahead of the current rebound. The eight-hour chart below shows that it was forming a bullish pennant pattern, which is characterized by a vertical line and a symmetrical triangle. Bitcoin price also moved above the 50-period and 100-period Exponential Moving Averages (EMA), a sign that bulls are in control for now. Oscillators like the Relative Strength Index (RSI) and the Stochastic Oscillator have all pointed upwards. Most importantly, Bitcoin formed an inverse head and shoulders pattern. Therefore, the coin will likely continue rising as bulls target the next key resistance level at $88,585, the neckline. A move above that level will indicate further gains, potentially reaching the psychological level at $90,000. A move below the support at $84,000 will invalidate the bullish outlook. BTC price chart | Source: TradingView Read more: Bitcoin price prediction: BTC path to $300,000 revealed Loom Network, Boba, Enjin, and Aurora tokens lead The ongoing Bitcoin surge triggered more gains in the crypto market. Loom Network price soared to a high of $0.04930, its highest level since March 19, and 390% above the lowest point this year. This surge brought Loom’s market cap to $46 million. The risk, however, is that Loom has been accused of manipulation in the past. This explains why Binance decided to delist the token last year. Many other tier-1 exchanges have also avoided the token. As such, most trading now occurs on exchanges such as OrangeX, Hibt, Indodax, and CoinEx. Boba Network price formed a God candle as it surged to a high of $0.1450, its highest point since February 26. It was up by over 115% from its lowest level; this year. Boba Network is a multi-chain layer-2 network that leverages the Ethereum and BSC Chains to offer more capabilities to developers. According to its website, it has handled over 50 million transactions over time. DeFi Llama data shows that Boba has a total value locked (TVL) of just $1.6 million, down from a peak of over $600 million a few years ago. Its DEX protocols handled just $89,000 in volume in the last 24 hours. Also, the network generated just $8 in fees in that period. The Enjin Coin price also surged as Bitcoin soared above $57,000. It jumped by over 35%, reaching a high of $0.1022, up by 72% from its lowest level this year. Most of Enjin’s trading was happening in exchanges like Binance, OKX, and Bithumb. The Aurora token price also surged this week, reaching a high of $0.1105, its highest level since March 8. It soared by over 75% from its lowest level this year, and then pulled back to the current $0.09. Like Boba Network, Aurora has come under pressure in the past few years as is its total value locked plunged from a peak of over $600 million to just $12 million today. Aurora is one of the biggest players in the Near Protocol. Some of the other top-performing tokens were Pocket Network, Treasure, Neiro on ETH, Bittensor (TAO), and Alchemy Pay (ACH). The post Enjin, Loom, Bittensor, Boba Network, Aurora surges as Bitcoin price hits $87k appeared first on Invezz
Gaming is more than just a mere entertainment. It brings together several elements of the entertainment world, including the relative crypto industry. The power of blockchain technology has propelled into the gaming world and has led us to hundreds of gaming tokens that are now available for players to invest in. Let's take a closer look at five gaming tokens that are currently causing a stir and which value could hit a rise in 2025. 1. Beam (BEAM) You may think that gaming tokens are all about the excitement and flashiness, but BEAM’s more about privacy for its users. The token uses a privacy-centric blockchain, which is designed to carry out secure and confidential transactions. This comes following an increasing demand for data protection within burgeoning in-game economies and calls for robust encryption. The BEAM platform features impressive technology, which is easy-to-learn for anyone with a fair bit of developing knowledge, However, BEAM’s widespread adoption may be held back due to the token’s relatively low market visibility and liquidity, which are dwarfed by some of the market caps of cryptocurrencies . Beginners may find some of the tech a little confusing, too. 2. Flow (FLOW) Flow is a blockchain built to handle the heavy traffic of online games and digital collectibles, like the famous NBA Top Shot moments . It’s designed to let lots of people use it at the same time, without slowing things down. Developers find it easy to work with, and even people new to crypto can get started without too much trouble. The idea is to make online gaming and collecting smoother and faster. The Flow token is, of course, what people use to buy, sell, and participate in the platform. However, Flow isn't the only player in this space; it has to compete with well-known options like Ethereum and Solana. Whether or not it really takes off while depending a lot on the success of the big projects using it, and like any crypto, its value can go up and down. Some people also have questions about how decentralized it really is. That said, some experts are saying that the token’s value has bottomed out over the last year and could be about to go up again. 3. Decentraland (MANA) MANA-powered Decentraland is a blockchain-based virtual world on the Ethereum blockchain. Founded in 2017, Decentraland serves as a platform for multiplayer game creation using the intuitive Decentraland Builder. This offers a vast library of 3D items for building and creating in-game tokens, which you can then trade freely with other players in the form ofvirtual land parcels. The virtual world nature of Decentraland allows for many different game designs, and some of those designs may include mini-games or discovery systems. These games use mechanics like a Random Number Generator RNG ensuring that outcomes are unpredictable and purely based on chance, like what you get in free slots games. The MANA token´s value has dipped dramatically over the past year, but there are signs that it is now stabilizing and could be about to take off again. 4. Sandbox (SAND) The Sandbox: ditch the landlord, own your digital empire. Sandbox has soared in popularity in recent years, giving players the chance to build their own world inside this decentralized metaverse. SAND is the utility token made to emerge from this. It´s a golden ticket that unlocks trading, staking, and even a democratic manner in whichthe Sandbox metaverse evolves. Users get creator-friendly tools that let them craft their own virtual assets with ease. And it’s not just players: big brands, celebrities, and artists are jumping in, fuelling the hype and expanding its reach. The only downside may be the fees. Ethereum's gas fees can mount up with SAND, so anyone getting involved should account for these. Still, SAND’s popularity means that it’s currently one of the top gaming tokens around. 5. Enjin (ENJ) Enjin is approaching an exciting new frontier in crypto gaming with the Ethereum-based ERC-1155 token standard. Developers acquire this blockchain-based gaming coin and mint it into in-game items, so that players can earn $ENJ through gameplay and without the need to visit traditional cryptocurrency exchanges . The Enjin Marketplace is already well established place, where users trade ERC-1155 digital assets, all backed by ENJ tokens. In terms of development, the token is also attractive to some of the brightest minds in the industry, drawn in by the easy token creation and integration tools. Keep an eye on this token which is the “Enjin” room of the progressing gaming token industry. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Gaming is more than just a mere entertainment. It brings together several elements of the entertainment world, including the relative crypto industry. The power of blockchain technology has propelled into the gaming world and has led us to hundreds of gaming tokens that are now available for players to invest in. Let's take a closer look at five gaming tokens that are currently causing a stir and which value could hit a rise in 2025. 1. Beam (BEAM) You may think that gaming tokens are all about the excitement and flashiness, but BEAM’s more about privacy for its users. The token uses a privacy-centric blockchain, which is designed to carry out secure and confidential transactions. This comes following an increasing demand for data protection within burgeoning in-game economies and calls for robust encryption. The BEAM platform features impressive technology, which is easy-to-learn for anyone with a fair bit of developing knowledge, However, BEAM’s widespread adoption may be held back due to the token’s relatively low market visibility and liquidity, which are dwarfed by some of the market caps of cryptocurrencies . Beginners may find some of the tech a little confusing, too. 2. Flow (FLOW) Flow is a blockchain built to handle the heavy traffic of online games and digital collectibles, like the famous NBA Top Shot moments . It’s designed to let lots of people use it at the same time, without slowing things down. Developers find it easy to work with, and even people new to crypto can get started without too much trouble. The idea is to make online gaming and collecting smoother and faster. The Flow token is, of course, what people use to buy, sell, and participate in the platform. However, Flow isn't the only player in this space; it has to compete with well-known options like Ethereum and Solana. Whether or not it really takes off while depending a lot on the success of the big projects using it, and like any crypto, its value can go up and down. Some people also have questions about how decentralized it really is. That said, some experts are saying that the token’s value has bottomed out over the last year and could be about to go up again. 3. Decentraland (MANA) MANA-powered Decentraland is a blockchain-based virtual world on the Ethereum blockchain. Founded in 2017, Decentraland serves as a platform for multiplayer game creation using the intuitive Decentraland Builder. This offers a vast library of 3D items for building and creating in-game tokens, which you can then trade freely with other players in the form ofvirtual land parcels. The virtual world nature of Decentraland allows for many different game designs, and some of those designs may include mini-games or discovery systems. These games use mechanics like a Random Number Generator RNG ensuring that outcomes are unpredictable and purely based on chance, like what you get in free slots games. The MANA token´s value has dipped dramatically over the past year, but there are signs that it is now stabilizing and could be about to take off again. 4. Sandbox (SAND) The Sandbox: ditch the landlord, own your digital empire. Sandbox has soared in popularity in recent years, giving players the chance to build their own world inside this decentralized metaverse. SAND is the utility token made to emerge from this. It´s a golden ticket that unlocks trading, staking, and even a democratic manner in whichthe Sandbox metaverse evolves. Users get creator-friendly tools that let them craft their own virtual assets with ease. And it’s not just players: big brands, celebrities, and artists are jumping in, fuelling the hype and expanding its reach. The only downside may be the fees. Ethereum's gas fees can mount up with SAND, so anyone getting involved should account for these. Still, SAND’s popularity means that it’s currently one of the top gaming tokens around. 5. Enjin (ENJ) Enjin is approaching an exciting new frontier in crypto gaming with the Ethereum-based ERC-1155 token standard. Developers acquire this blockchain-based gaming coin and mint it into in-game items, so that players can earn $ENJ through gameplay and without the need to visit traditional cryptocurrency exchanges . The Enjin Marketplace is already well established place, where users trade ERC-1155 digital assets, all backed by ENJ tokens. In terms of development, the token is also attractive to some of the brightest minds in the industry, drawn in by the easy token creation and integration tools. Keep an eye on this token which is the “Enjin” room of the progressing gaming token industry. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
In the last 30 days, the market capitalization and trading volume of the crypto gaming sector have fallen by at least 29%. This plunge can be attributed to a broader market decline across most cryptocurrencies, especially bitcoin (BTC). Despite this negative trend, most gaming projects have not relented in their development. The crypto analytics platform Santiment has outlined the top gaming projects by development, and this list is led by MultiversX (EGLD), Decentraland (MANA), and Skale Network (SKL). Top Gaming Projects By Dev. Activity MultiversX has recorded the highest development activity in the last 30 days. The project is a scalable distributed blockchain network for next-gen applications. Called the internet-scale blockchain, MultiversX has an ecosystem that spans several sectors, including decentralized finance (DeFi) and wallets. However, its gaming products have been brought to light in this case. Since July 2024, the gaming protocol has consistently led development activity in the sector. Its native token, EGLD, is the eighth-largest gaming asset, with a market cap of more than $496 million. Following MultiversX is Decentraland, a decentralized social virtual world where users can create memories, connect with new friends, and explore events. Decentraland’s MANA is the fifth-largest gaming asset by market cap. Like MultiversX, the project has maintained its position as the second leader in development activity since July 2024. Skale Network took the third spot; however, unlike MultiversX and Decentraland, which have been leaders in the past seven months, Skale’s activity recently witnessed a significant spike. The zero gas fee blockchain has mostly taken fourth place behind Immutable X (IMX) or Nine Chronicles (WNCG). Skale’s token SKL is the 18th-largest gaming asset by market cap. Saito And Enjin See Notable Dev. Activity Immutable X is the fourth leading project in development activity. Its activity did not significantly increase in the past 30 days, hence the overtaking by Skale Network. Regardless, IMX has the largest market cap in the gaming sector—above $932.8 million. The fifth project with the highest development activity is Saito (SAITO), a blockchain that also operates web3 applications directly in browsers. Saito is followed by The Root Network (ROOT), which is a hub for the open metaverse and a foundation for connected games. Both Saito and The Root network saw no significant spikes in the development activities. Enjin (ENJ), which offers a suite of integrated gaming products, took seventh place. Development activity in The Sandbox Game (SAND) placed the project in eighth place, while the Ethereum-based decentralized game console Treasure (MAGIC) came ninth. The decentralized cloud computing platform Cere Network also recorded notable development activity in the last 30 days. The post These Are Crypto Gaming Projects Making Waves in the Last 30 Days appeared first on CryptoPotato .
Cryptocurrency analysis company Santiment has shared an updated list of gaming altcoins that developers are most focused on in the crypto market in its latest report. Developer activity scores obtained from Github data of these open-source cryptocurrency projects evaluate the changes made to the source codes. Here are the altcoin projects and developer scores that cryptocurrency developers have focused on the most in the last 30 days, according to Santiment data: MultiverseX (EGLD) – 212 Decentraland (MANA) – 168 SCALE (SKL) – 41.07 Immutable X (IMX) – 41 Saito (SAITO) – 13.5 The Root Network (ROOT) – 10.73 Enjin Coin (ENJ) – 7.27 The Sandbox (SAND) – 6.43 Treasure (MAGIC) – 5.53 Cere Network (CERE) – 4.63 Related News: BREAKING: SEC Considers Classifying XRP as a Commodity and Grouping It with ETH We see that the top two on the list, EGLD and MANA, have maintained their positions compared to last month. The difference in developer activity between them and other altcoins is also noticeable. However, compared to the previous list, it is seen that many altcoins have just entered the developer activity list. SKL, IMX, SAITO, ROOT, SAND and CERE found themselves higher on the list. *This is not investment advice. Continue Reading: Here’s the List of the 10 Game Altcoins Developers Focused on the Most in the Last 30 Days