icon_install_ios_web icon_install_ios_web icon_install_android_web

Chain Game Weekly Report | Star Atlas plans to issue $4 million in Loot rewards to active players in the next four month

Analysis2wks agoreleased 6086cf...
13 0

Original | Odaily Planet Daily ( @OdailyChina )

Author | Asher ( @Asher_0210 )

Chain Game Weekly Report | Star Atlas plans to issue  million in Loot rewards to active players in the next four month

Secondary market performance of blockchain gaming sector

As of today, according to Coingecko data, the Gaming (GameFi) sector has fallen 10.6% in the past week; the current total market value is $ 14,492,695,557 , ranking 39th in the sector ranking, one place higher than the total market value sector ranking last week. In the past week, the number of tokens in the GameFi sector has increased from 493 to 502, with 9 projects added, ranking 5th in the sector ranking, second only to DeFi, NFT, Meme, and Finance/Banking sectors.

Among the 502 gaming projects that have issued tokens, only 9 projects have seen a positive increase, while over 90% of the other gaming tokens have fallen. In addition, several other projects that have received attention are as follows:

IMX fell below $1.1, with a drop of 17.1% in the past 7 days, and the current token price is $1.09; GALA fell below $0.02, with a drop of 11.1% in the past 7 days, and the current token price is $0.0182; YGG fell by 13.0%, and the current token price is $0.408; BIGTIME fell by 9.2%, and the current token price is $0.154; ALICE fell by 8.9%, and the current token price is $0.938; GMT fell by 8.8%, and the current token price is $0.121; ILV fell by 8.1%, and the current token price is $31.88; AXS fell by 5.7%, and the current token price is $4.53.

In terms of blockchain game NFTs, according to NFT Price Foor data, the floor price of NFTs in the game sector has increased by 0.35% in the past 7 days, ranking fourth in the sector. Among them, the game NFT with the largest trading volume in 7 days is TAROT – Castile Genesis NFT, which has fallen by 0.49% in 7 days, the current floor price is 0.87 ETH, and the 7 -day trading volume is 107.62 ETH. In addition, Pirate Nation – Founders Pirates has a 7-day trading volume of 69.48 ETH, a decline of 4.46% in the past 7 days, and the current floor price is 0.96 ETH.

Well-known game dynamic tracking

Star Atlas

Chain Game Weekly Report | Star Atlas plans to issue  million in Loot rewards to active players in the next four month

Official website: https://play.staratlas.com/

Description: Star Atlas is an immersive role-playing game set in a vast universe. Powered by the Solana network, the game enters uncharted territory, introducing an innovative play-to-earn experience.

Recent developments: Star Atlas has pledged to distribute $4 million worth of loot to active players over the next four months through the Golden Carnival event, allowing players to execute different strategies to obtain rewards. The event will last for 16 weeks, from November 1 to February 21, 2025, and will give out between $200,000 and $400,000 in loot to players every week.

Related link: https://x.com/staratlas/status/1852787763738812905

The Mystery Society

Chain Game Weekly Report | Star Atlas plans to issue  million in Loot rewards to active players in the next four month

Official website: https://www.themysterysociety.xyz/

Description: The Mystery Society is a social mystery game for fans of fun, chaos, and mystery.

Latest news: On October 30, The Mystery Society announced on the X platform that it is now available on the Google Play store. The game is currently in the public beta stage, and it is stated that the iOS version will be launched soon.

Related link: https://x.com/InviteToMystery/status/1851368632019722498

Axie Infinity

Chain Game Weekly Report | Star Atlas plans to issue  million in Loot rewards to active players in the next four month

Official website: https://app.axieinfinity.com/

Introduction: Axie Infinity is a blockchain-based game in which players purchase NFTs of monsters and control them to fight.

Latest news: On November 1, Axie Infinity announced on the X platform that the S11 preseason Rare Era Cup is now open for registration. There are 512 places in total. Registration will be based on a first-come, first-served basis. The reward for this event is 600 AXS tokens.

Related link: https://x.com/axieinfinity/status/1852235910647296327

81 Ravens

Chain Game Weekly Report | Star Atlas plans to issue  million in Loot rewards to active players in the next four month

Official website: https://81ravens.com/

Introduction: 81Ravens is a Web3 game studio located in Singapore. It is the developer of Paravox, a 3v3 arena shooter game on the Solana chain. The game is currently in the global public Alpha testing phase.

Latest news: 81Ravens announced that it has completed a $4.5 million financing round, led by Gree Ventures and Digital Hearts Holdings.

Related link: https://x.com/81RAVENS/status/1851822764438753605

Other developments worth noting in the blockchain gaming industry

Delabs Games

Chain Game Weekly Report | Star Atlas plans to issue  million in Loot rewards to active players in the next four month

Official website: https://app.delabs.gg/

Introduction: Delabs Games is a game studio led by former Nexon CEO Joonmo Kwon. It is a Playable Layer that organically combines players, games, and platforms.

Latest developments: On November 2, Delabs Games announced the completion of a new round of strategic financing, with TON Ventures participating. The specific amount of financing and valuation information have not been disclosed. The new funds will be used for the growth of Delabs Games and to deploy its game projects on the TON blockchain.

Related link: https://x.com/delabsOfficial/status/1852266868528337340

Pudgy Party

Chain Game Weekly Report | Star Atlas plans to issue  million in Loot rewards to active players in the next four month

Official website: https://mythicalgames.com/

Description: Pudgy Party combines the joy of playing with exciting action rounds, making every game full of freshness and new challenges.

Latest news: Pudgy Penguins and Mythical Games will launch the Web3 mobile (IOS Android) game Pudgy Party next year.

Related link: https://x.com/PlayPudgyParty/status/1851972463300665670

Elfbird

Chain Game Weekly Report | Star Atlas plans to issue  million in Loot rewards to active players in the next four month

Official website: https://www.bitget.com/telegram-apps/elfbird

Introduction: Elfbird is a TG game with innovative gameplay and combined with USDT income and airdrop reward design.

Latest news: Elfbird is now online and available on the Ton blockchain and Bitget store.

Related link: https://x.com/Elfbirds/status/1851536891050672138

This article is sourced from the internet: Chain Game Weekly Report | Star Atlas plans to issue $4 million in Loot rewards to active players in the next four months; more than 90% of game tokens fell (10.28-11.3)

Related: Matrixport Investment Research: The United States has entered the monetary easing policy channel, and market volatility

At 2:00 am on September 19, the Federal Reserve announced a 50 basis point interest rate cut, and the target range of the federal funds rate was reduced from 5.25%-5.50% to 4.75%-5.0%, and the US monetary policy easing cycle officially began. This rate cut is the first rate cut since March 2020. The market generally believes that the start of the rate cut cycle is good for risky assets. After the rate cut information was announced, crypto assets, gold and US stocks, led by BTC, all rose to varying degrees. The Fed will cut interest rates by another 50 bp this year, and the market remains concerned about a recession The Feds dot plot shows that it is expected to cut interest rates twice more this year, totaling 50 bp,…

© Copyright Notice

Related articles