Chain Game Weekly Report | Immutable launches $50 million game reward plan; over 90% of game tokens fall (4.22-4.28)

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Original | Odaily Planet Daily

Author | Asher

Editor | Qin Xiaofeng

Chain Game Weekly Report | Immutable launches million game reward plan; over 90% of game tokens fall (4.22-4.28)

In the past week, the overall crypto market was relatively sluggish, but there were still many popular projects in the GameFi sector that released big moves. Perhaps as the market recovers, the rotation of altcoins will come to the GameFi sector. Therefore, Odaily Planet Daily summarized and sorted out the blockchain game projects that have been popular recently or have popular activities.

Secondary market performance of blockchain gaming sector

According to Coingecko data, the Gaming (GameFi) sector fell 9.8% in the past week; the current total market value is $ 19,853,737,045 , ranking 22nd in the sector ranking, down one place from the total market value sector ranking last week. In the past week, the number of tokens in the GameFi sector increased from 356 to 359, adding 3 projects and ranking 5th in the sector ranking, second only to DeFi, NFT, Meme, and Finance/Banking sectors.

Among the gaming projects that have issued tokens, only 5 projects have a positive increase, and the weekly increase is less than 10%. The remaining more than 90% of the projects have a negative increase, among which METAL leads the decline with a drop of 32.8%. In addition, several other projects that have received attention are as follows:

GamerCoin project token GHX fell below $0.13, with a drop of 26.0% in the past 7 days, and the current token price is $0.122; XANA project token XETA fell below $0.011, with a drop of 24.5% in the past 7 days, and the current token price is $0.0105; PORTAL fell 21.8% in the past 7 days, and the current token price is $0.86; RON fell 21.2%, and the current token price is $2.75; PIXEL fell 18.1%, and the current token price is $0.411; PYR fell 16.0%, and the current token price is $4.35; YGG fell 14.3%, and the current token price is $0.828; GALA fell 12.9%, and the current token price is $0.044.

In terms of blockchain game NFTs, according to NFT Price Foor data, the floor price of NFTs in the game sector has fallen by 4.06% in the past 7 days, ranking fourth in the sector. Among them, after excluding projects with a transaction volume of less than 50 ETH, the game NFT with the largest drop in 7 days is Parallel Avatars, with a drop of 15.9% in 7 days, the current floor price is 0.706 ETH, and the 7- day transaction volume is 100.74 ETH. In addition, My Pet Hooligan has a 7-day transaction volume of 956.02 ETH, an increase of 8.89% in the past 7 days, and the current floor price is 0.49 ETH.

Well-known game dynamic tracking

Immutable

Chain Game Weekly Report | Immutable launches million game reward plan; over 90% of game tokens fall (4.22-4.28)

Official website: https://www.immutable.com/

Introduction: Immutable X is a Layer 2 network based on Ethereum, designed specifically for NFT assets. It is also the first NFT solution on Ethereum Layer 2.

Recent developments: On April 26, Immutable announced the launch of The Main Quest, a $50 million gaming rewards program, and said that the Immutable ecosystem has more than 270 games currently in development, including high-profile gaming projects such as Illuvium and MetalCore.

fantasy.top

Chain Game Weekly Report | Immutable launches million game reward plan; over 90% of game tokens fall (4.22-4.28)

Official website: https://www.fantasy.top/deposit

Introduction: Fantasy.top is a social trading card project on the Blast network. This platform has created tradable cards for nearly 250 people in the crypto field. Players can collect these cards and form teams to participate in competitions.

Latest news: Fantasy announced that the mainnet application will be open to users at 23:00 (Beijing time) on April 25. Before the first game starts on April 29, users can open their card packs and enhance their decks by collecting props to earn 222,222 Gold Points, card packs, FAN Points, ETH and other rewards. It is reported that Fantasy is the second largest project in the second round of Gold Points distribution of Blast, and has received a total of 733,272 Gold Points.

Mocaverse

Chain Game Weekly Report | Immutable launches million game reward plan; over 90% of game tokens fall (4.22-4.28)

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

Introduction: Mocaverse is a metaverse product under Animoca Brands that is building Web3 native tools to enhance the capabilities of products in the gaming, cultural and entertainment verticals, allowing users to create their own digital identities, accumulate reputation, earn and spend loyalty points, and use their digital identities to access the Mocaverse ecosystem supported by Animoca Brands network of more than 450 portfolio companies and partners.

Latest news: On April 25, Mocaverse announced on the X platform that the MOCA community public sale has been launched, and the sales time is from 8:00 on April 25 to 8:00 on May 2. The sales results will be announced on May 7. It is reported that a total of 126,984,127 MOCA tokens were sold in the public sale, with a sales price of US$0.03938, a minimum purchase threshold of US$100 (supporting USDT and USDC), and a target fundraising of US$5 million; 5% of which will be unlocked by TGE, and the remaining tokens will be linearly released for 52 weeks after being locked for 3 months.

Heroes of Mavia

Chain Game Weekly Report | Immutable launches million game reward plan; over 90% of game tokens fall (4.22-4.28)

Official website: https://www.mavia.com/

Introduction: Heroes of Mavia is a Web3 MMO strategy Play to Earn game developed by Skrice Studios. Players can rent or cooperate with land owners to acquire and build bases in the game, and use their own bases and armies to fight other players for more rewards. The game interface and gameplay are similar to Clash of Clans.

Latest developments: On April 26, the X platform posted that the MAVIA token issuance plan is being modified, and the token unlocking will be reduced by more than 80% by February 2025. At the same time, the circulating supply of MAVIA will remain below 14% by February 2025. Earlier news said that the Ruby Market will be launched on May 5, and new skins, color schemes, statues, land decorations and consumables will be launched as tradable legendary items for Ruby.

Pixels

Chain Game Weekly Report | Immutable launches million game reward plan; over 90% of game tokens fall (4.22-4.28)

Official website: https://play.pixels.xyz/

Description: An interoperable and profitable farming simulation game in a virtual world.

Latest news: According to last weeks AMA information, Chapter 2 has been completed by about 90%, and it is expected to take another 2-4 weeks. It is emphasized that the primary focus of Chapter 2 will be on stone tool making, metal processing, forestry/woodworking and farming (of course, tools and resource stratification), and the supply of OG industry will not increase.

Other developments worth noting in the blockchain gaming industry

Nyan Heroes

Chain Game Weekly Report | Immutable launches million game reward plan; over 90% of game tokens fall (4.22-4.28)

Official website: https://nyanheroes.com/

Description: Nyan Heroes is a third-person shooter game built on the Solana blockchain where players fight each other while controlling Nyan and Nyans giant robot opponents.

Latest news: On April 26, the blockchain game Nyan Heroes announced the NYAN token economics on the X platform. Its maximum supply is 1 billion, of which 33.5% will be used directly for community rewards, including airdrop season, in-game rewards, competition prize pools, etc., and 16.5% will be used indirectly for the community through IP expansion, partnerships and strategic growth opportunities. The airdrop shares will all come from the community fund pool and will be fully available during the TGE. In addition, 22% will be allocated to early investors, 18% will be allocated to the team and consultants, 7% will be allocated to strategic investors, and 3% will be used for liquidity and market making. At the same time, Nyan Heroes stated that its MEO Wmissions tasks are still open and Season 2 is coming soon.

Project Matthew

Chain Game Weekly Report | Immutable launches million game reward plan; over 90% of game tokens fall (4.22-4.28)

Official website: https://www.projectmatthew.io/

Introduction: Project Matthew is a space-themed blockchain simulation game. In the game, players play the role of space explorers and must build and manage their own space bases, mine resources, recruit soldiers, and fight to expand their territory and power.

Latest news: On April 26, Project Matthew posted on the X platform that the second MB4 airdrop will be issued at 21:00 on April 26. The airdrop rewards include in-game gold coins, energy fragments, and energy blocks, depending on the users MB4 holdings. If you miss this airdrop, the game will issue another airdrop at 21:00 next Monday night. Players can complete registration and log in to the game before then.

Fren Pet

Chain Game Weekly Report | Immutable launches million game reward plan; over 90% of game tokens fall (4.22-4.28)

Official website: https://frenpet.xyz/

Introduction: A pet cultivation game based on the base chain. Players can purchase items by purchasing Fren Pets token FP, and earn points by feeding pets and fighting with other players pets. According to the points ranking on the leaderboard, players can obtain ETH allocated by the game. After being promoted by Coinbase and Bases official Twitter, the project has attracted widespread attention from the community.

Latest news: On April 27, Fren Pet announced the release of a new version on the X platform, which supports the use of ETH payment (officially responsible for FP conversion) and a new Bonk reward distribution and system, while allowing the use of new loot boxes to improve pet attributes.

Era Of Explorers

Chain Game Weekly Report | Immutable launches million game reward plan; over 90% of game tokens fall (4.22-4.28)

Official website: https://www.eraofexplorers.xyz/#/

Introduction: EOE is a metaverse blockchain game that is dedicated to allowing players to immerse themselves in the real universe, explore the universe, and discover rare resources.

Latest news: On April 22, it was announced that the in-game currency trading function will be launched, which will facilitate players to exchange the game currency EST and the stable currency USDT directly in the game. EST is an important circulating currency in the game. It can be used to experience the in-game Hunger Games and other gameplay, as well as subsequent upgrades to spaceships and exchange governance tokens EXT.

This article is sourced from the internet: Chain Game Weekly Report | Immutable launches $50 million game reward plan; over 90% of game tokens fall (4.22-4.28)

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