Avalanche Ecosystem: Gaming Emerges as a New Trend

In recent times, with the recovery of the general market, the AVAX token has seen impressive growth and the Avalanche ecosystem has also received a lot of attention from the community with the emergence of Shrapnel, Beam,. .. So in recent times, what has stood out in the Avalanche ecosystem? Let’s find out with Weakhand in this article.

Before jumping into the article, everyone can refer to some of the following articles to better understand.

• What is Avalanche? Overview of Avalanche cryptocurrency
• Avalanche Ecosystem: Betting on Gaming Subnets
• Avalanche with series targeting Web3 & Real World Assets

Avalanche Overview

Avalanche is a Layer 1 Blockchain created with the purpose of solving existing problems on Ethereum such as improving faster delivery speed at a cheaper cost. The project is built and launched by Ava Labs, a software company headquartered in New York, allowing the creation and use of smart contracts, dApps and other decentralized applications.

In addition to expanding the ecosystem with Subnet, Avalanche is also supporting web2 businesses to apply Blockchain to the traditional market so that businesses can build their own independent Blockchain. Through HyberSDK Avalanche provides businesses with an infrastructure where businesses can adjust the functions they desire such as setting up gas fees, sharing transactions,…

Update Onchain Index On Avalanche

Overview of On-chain index on Avalanche

Looking at the onchain metrics on Avalanche, we see a strong growth in the number of daily transactions recently. This comes mainly from the Inscription movement exploding across Blockchains and Avalanche is one of the Blockchains that responded most strongly.

The number of Blocks created each day also witnessed good growth and continuously created new ATH. Other indices such as Daily Active Addresses, Daily Active Senders and Daily Active Receivers, after a long period of sharp decline, have witnessed a strong recovery recently.

Overview of onchain metrics on Avalanche C Chain

Avalanche C Chain is the main highlight in the Inscriptions trend that has exploded on Avalanche recently and also contributes to becoming a pulling force to help the Avalanche ecosystem recover. This is evidenced by the skyrocketing number of Transactions, in addition, the Daily Active Addresses index also saw an impressive recovery from only about 30k to a peak of 100k recently.

Overview of onchain metrics on some prominent Subnets

Onchain index on some prominent Subnets such as:

• Beam has witnessed ATH levels from many indicators from the number of daily transactions, the number of newly created Blocks daily to the number of daily active addresses.
• Dexalot saw good growth and continuously created new ATH from the number of daily Transactions but in terms of Daily Active Addresses, it did not see growth. This shows that Dexalot is still not an attractive destination for new users.
• DFK witnessed only slight growth in the number of Transactions and the number of daily Active addresses under the recovery of the general market.

In general, all Subnets witnessed a recovery, more or less, but the Gaming Subnets witnessed better performance and became the driving force behind the growth of the Avalanche ecosystem in recent times.

Avalanche Ecosystem Update – Gaming Subnet Is Emerging As A New Trend

Subnet was introduced by Avalanche as an effective solution to solve high transaction costs as well as increase TPS and scalability. Each Subnet operates as an independent chain, allowing developers to build game-specific logic into creating autonomous operating environments.

For example, customizable features like the gas payment system and EVMs can be tailored to the game’s unique requirements. This adaptability allows game developers to efficiently integrate the functionality needed for their games, thereby reducing costs and resources.

In addition, Avalanche also provides tools as well as sponsorship programs so that projects can easily build their projects on Avalanche Subnet such as:

Gaming Toolkit:

• Avalanche CLI: Simplify complex processes such as customizing Gas costs and adjusting Gas parameters, allowing developers with limited knowledge of blockchain infrastructure to quickly deploy Subnets.
• AvaCloud: Launchpad Web3 was developed by Ava Labs to facilitate subnet deployment and scaling without coding, helping game developers save a lot of time and resources.
• Stardust Game Kit: Stardust offers game developers a simple solution to seamlessly integrate NFTs into their games with just a few lines of code.
• Morallis Unity SDK: Allows game developers to easily integrate data from the Avalanche blockchain into their games. The SDK enables the use of real-time blockchain data from the Avalanche network to enhance in-game interaction, giving players a richer experience.

Sponsorship programs:

• Arcad3: This program provides technical and business support to Web2 Gaming companies using the Avalanche blockchain for game development, providing expertise in NFTs, technical infrastructure, and Web3 culture. It is worth noting that major Web2 gaming companies such as Gree and Neowiz are now actively participating.
• Avalanche Multiverse: This program aims to expand the Subnet ecosystem and provide rewards with a total value of up to 290 million USD for various projects such as Gaming, DeFi, NFT.
• Blizzard: This program aims to support the development and growth of the Avalanche blockchain ecosystem through a fund worth more than 200 million USD from contributors such as Avalanche Foundation, Ava Labs, Polychain Capital, Dragonfly Capital, ….

With strong support from Avalanche, the Gaming Subnet on Avalanche is growing rapidly. Many AAA Game Studios have deployed their games on the Avalanche Subnet to deliver groundbreaking gaming experiences and seamlessly integrate NFT-based digital economic systems. Below I will update some outstanding projects on Avalanche Subnet recently:

Beam – Blockchain Gaming featured on Avalanche

Beam is a prominent GameFi Blockchain on Avalanche recently, built by Merit Circle – a famous GameFi DAO in the market. Currently, Beam is operating as a Subnet on Avalanche. In this role, Beam not only operates as an independent Blockchain but also as part of a vibrant Subnet network. Beam will benefit from the scale, speed and security features of Avalanche while also having the ability to operate independently, designed specifically for Gaming applications.

To interact with the Beam network, users need a BEAM token in which the BEAM token is converted from the MC token and is the original currency for payment in transactions in the BEAM network. Currently, Beam’s infrastructure has gradually been completed including: Beam hub, Beam Bridge, Beam swap, Sphere market and beam companion app. With the strong support of Merit Circle, the Beam ecosystem is also very much worth looking forward to in the near future.

Shrapnel – AAA shooter on Avalanche

The Shrapnel game is set on Earth in the year 2044 where players will engage in extreme battles, mine resources, and explore the game’s economic system encoded as NFTs. It is expected that the game will be released to the community in the first quarter of 2024. Before that, there will be a test period for code owners to participate in the experience first.

Off The Grid – Avalanche survival shooter

• PvP mode: Where players will participate in chaotic battles of 150 players. Fight and become the last survivor to win valuable loot in the game.
• PvE mode: Players will participate in an exciting 60-hour survival campaign.

The game is deployed on the GUNZ platform based on the Avalanche Subnet and an NFT-based digital economic system, giving players full ownership of their in-game assets. Although the game has not yet set a release date, at the present time, players can register for a wishlist on the platform to have the opportunity to become the lucky person to participate in the Off The Grid trial experience in the future.

MetaDOS – Battle royale game on Avalanche

Perhaps Avalanche is an attractive destination for shooting games and MetaDOS is no exception. MetaDOS is a Battle Royale game from DOS Labs – a game Studio that owns more than 400,000 daily active users. In the game, MetaDOS allows up to 200 players to participate in a match and try to survive for a certain time. DOS Labs’ goal is to introduce quality titles to Web2 and Web3 players by providing a seamless user experience with no gas fees and fast transaction speeds inherited from the Avalanche Subnet.

Outlook for the GameFi ecosystem on the Avalanche Subnet

Avalanche Subnet is becoming an attractive destination for gaming companies around the world thanks to its outstanding performance and flexible customization capabilities. We have seen a number of big players trying to develop their own chains on the Avalanche Subnet such as: Crafton, Comptus (XPLA) and WeMade (WEMIX).

Avalanche plays a key role in driving the growth of the web3 gaming market by delivering superior performance and high compatibility across Subnets. Its collaboration with major gaming companies and their recognition of Avalanche Subnet shows that Avalanche Subnet not only represents technological advancement but is also a key factor in shaping the future landscape. hybrid of the game industry. As Avalanche revolutionizes the gaming industry and blurs the lines between Web2 and Web3, it is expected that the Web3 gaming industry will continue to grow even more.

summary

Avalanche is trying to improve and attract users through gaming Subnets and so far it is seeing results. Above is all the information I want to update about the Avalanche ecosystem. I hope everyone has received useful knowledge.