The cryptocurrency market, especially crypto games has been experiencing a lull in the last few months. While there was a brief gaming boom between February and April, that momentum has slowed over time. However, this weekend saw some very positive developments in the industry, which could trigger a new wave of games. According to Crypto Banter, these projects have quietly continued their development and are now attracting attention with successful game tests and launches.
Avalanche (AVAX): As a layer-1 blockchain, Avalanche stands out as a token to watch. Avalanche’s technology, designed specifically for gaming, could push AVAX toward mainstream adoption. Avalanche, which has seen impressive growth in the past, could see a significant increase in transaction volume and user adoption as the network succeeds.
Beam (BEAM): Closely related to Avalanche, Beam is another token that could benefit from the success of the industry. Beam has strong ties to gaming and if the industry does well, Beam could enter a significant uptrend. It stands out as a solid option for those looking to invest in the gaming ecosystem on the Avalanche network.
SuperVerse (SUPER): Another major player in the gaming ecosystem, SuperVerse has official partnerships with Shrapnel and My Pet Hooligan. SuperVerse stands out with its potential to integrate into the gaming universe; it can be considered a gem with a low market value with elements such as themed costumes and other in-game assets.
A New Axie Infinity?
The crypto community is looking for games that can be the next “Axie Infinity” — games that can make the same cultural and financial impact. While it seems unlikely that a single game will be able to replicate Axie’s meteoric rise from $7 million to $10 billion in market cap, there are a few candidates that could become major players in the space:
Parallel: A project with AAA potential, Parallel looks set to break into the mainstream gaming community, especially among Hearthstone fans.
Big Time: While there are still some things to work on, Big Time could be one of the standout games in the crypto gaming space.
