Truflation has announced the launch of GameFi Index, a new tool designed to track the performance of top blockchain-based gaming tokens.
In its Nov. 11 announcement, Truflation stated that the GameFi Index goes beyond tracking the price of individual play-to-earn tokens. Users can leverage the index to gain insights into industry growth and key metrics for play-to-earn projects, including token holders and fully diluted valuation.
“On-chain gaming is evolving faster than ever, with over 2.1 million daily active wallets. The GameFi Index empowers users with accurate, up-to-the-minute data on the gaming sector,” said Stefan Rust, chief executive officer of Truflation. “It provides a tool for anyone looking to diversify investments in the GameFi space.”
Truflation developed this index in collaboration with EllioTrades.
The launch of this index comes as the blockchain gaming space experiences a resurgence in investment and market performance.
Overall, estimates suggest the GameFi market has attracted more than $1.1 billion in investments, while the growth trajectory could see the P2E sector grow 68% annually to reach $302 billion by 2030. With these numbers in place, its likely top tokens in the crypto gaming market could see huge returns.
Read more: Over 25% of on-chain activity in Q3 driven by blockchain gaming, data shows
Truflation’s GameFi Index offers a benchmark index that combines trading and user metrics. The data cuts across top gaming protocols and games, including Avalanche (AVAX), Immutable (IMX), Polygon (POL) and Toncoin (TON).
Currently, the games included in the index feature Pixels, Apeiron, Axie Infinity, and Dypians.
While protocols hold a 50% weighting in the index, the 28 games included must have a minimum of 50,000 unique active wallets per day. Each game’s weighting is determined by its unique active wallets in comparison to the aggregate total.
You might also like: A16z-backed Espresso announces mainnet launch of core product
You could certainly see your expertise within the work you write. The world hopes for even more passionate writers such as you who are not afraid to mention how they believe. Always follow your heart. “The only way most people recognize their limits is by trespassing on them.” by Tom Morris.
Glad to be one of several visitants on this awe inspiring internet site : D.
Pretty great post. I just stumbled upon your blog and wished to say that I’ve really loved browsing your blog posts. In any case I’ll be subscribing to your rss feed and I am hoping you write again soon!
It’s really a cool and useful piece of info. I am happy that you simply shared this useful info with us. Please stay us informed like this. Thank you for sharing.
What’s Going down i’m new to this, I stumbled upon this I have discovered It positively useful and it has aided me out loads. I’m hoping to give a contribution & aid other customers like its aided me. Great job.
I have not checked in here for a while because I thought it was getting boring, but the last few posts are great quality so I guess I will add you back to my daily bloglist. You deserve it my friend 🙂
Hi there! Quick question that’s completely off topic. Do you know how to make your site mobile friendly? My weblog looks weird when browsing from my iphone4. I’m trying to find a theme or plugin that might be able to fix this issue. If you have any suggestions, please share. Cheers!
Great post. I am facing a couple of these problems.
Hello there! This is my first visit to your blog! We are a collection of volunteers and starting a new initiative in a community in the same niche. Your blog provided us useful information to work on. You have done a extraordinary job!
I’ve been surfing on-line greater than three hours as of late, yet I by no means discovered any attention-grabbing article like yours. It?¦s lovely value enough for me. In my opinion, if all site owners and bloggers made good content material as you did, the web will probably be much more helpful than ever before.
This website is amazing, with a clean design and easy navigation.
The content is well-organized and highly informative.
AQUASCULPT
This site truly stands out as a great example of quality web design and performance.
The design and usability are top-notch, making everything flow smoothly.
It provides an excellent user experience from start to finish.
Open-world games are the best! Nothing beats the feeling of total freedom, exploring vast landscapes, and creating your own adventure.
Consistency is key in fitness. You won’t see results overnight, but every workout counts. The small efforts add up over time and create real change.
All knowledge, it is said, comes from experience, but does that not mean that the more we experience, the wiser we become? If wisdom is the understanding of life, then should we not chase every experience we can, taste every flavor, walk every path, and embrace every feeling? Perhaps the greatest tragedy is to live cautiously, never fully opening oneself to the richness of being.
Virtue, they say, lies in the middle, but who among us can truly say where the middle is? Is it a fixed point, or does it shift with time, perception, and context? Perhaps the middle is not a place but a way of moving, a constant balancing act between excess and deficiency. Maybe to be virtuous is not to reach the middle but to dance around it with grace.
Even the gods, if they exist, must laugh from time to time. Perhaps what we call tragedy is merely comedy from a higher perspective, a joke we are too caught up in to understand. Maybe the wisest among us are not the ones who take life the most seriously, but those who can laugh at its absurdity and find joy even in the darkest moments.
Even the gods, if they exist, must laugh from time to time. Perhaps what we call tragedy is merely comedy from a higher perspective, a joke we are too caught up in to understand. Maybe the wisest among us are not the ones who take life the most seriously, but those who can laugh at its absurdity and find joy even in the darkest moments.