With the good growth of Bitcoin recently, the market is gradually becoming hotter than ever. Contributing to the heat of the market at the present time, it is impossible not to mention the GameFi segment with many outstanding names. So what are the notable GameFi projects in the near future? Let’s find out with Weakhand in this article.
Before jumping into the article, everyone can refer to some of the following articles to understand better.
- GameFi is transforming and ready to get back on track
- What is GameFi? GameFi’s operating mechanism
GameFi Is Gradually Revived
After the cold winter that covered the entire market in 2022 and the early part of 2023, the GameFi segment seems to be reviving recently. With the appearance of new names such as Big Time, Shrapnel or even the return of old names that created fame in the previous season such as Ronin Network, Illuvium, Immutable, Gala. All of this has created excitement for the entire GameFi market in recent times.
In every cryptocurrency cycle, accompanying the impressive growth of Bitcoin is the presence of new trends that have never appeared in the past to bring attraction and create a playing field for investors. The market always needs innovation and many people wonder whether the GameFi trend that has appeared in 2021 can become a trend after the having phase of Bitcoin in 2024?
In my personal opinion, GameFi will be one of the big trends of the upcoming growth cycle of the Crypto market. Talking about innovation, GameFi has it in abundance, which is innovation in tokenomics, innovation in game content, innovation in graphics and innovation in infrastructure. In addition, the GameFi segment is always an area that many large Ventures in the market pay attention to and according to statistics, the amount of investment in GameFi projects is second only to the Layer 1 and Layer 2 segments in the market.
In addition, when looking at the traditional market, the Gaming segment is always the segment with the largest capitalization in the entertainment field. Major game publishers in the Web2 market are also jumping into the GameFi market. All of this is very promising and we could see a boom for GameFi in the near future.
Notable GameFi Projects
When looking at the growth percentage in the past 30 days in the market, we see the appearance of many outstanding GameFi projects such as Big Time, Genopet, Prime,… So what are the worthy GameFi projects? Pay attention in the future, let’s find out together.
Impressive growth of GameFi projects in the last 30 days
Illuvium on Immutable
Illuvium is a decentralized gaming ecosystem that brings users high-quality games with beautiful graphics. Recently, Illuvium Arena – a game was launched on Epic Games Store – a platform with more than 56 million monthly active users. This also marks the important integration of Blockchain gaming into mainstream platforms.
Illuvium Arena is available on the Epic Games Store
Soon after, Illuvium is also planning to launch Illuvium Overworld – an open-world role-playing game (RPG) that offers a series of areas waiting for players to explore. In each area, players will have to search for resources and participate in fierce battles.
In addition, recently Illuvium has cooperated with Team Liquid – a famous esports organization. Through this partnership we can witness Team Liquid Streamers Livestream games in Illuvium.
Shrapnel – A shooting game on Avalanche
Shrapnel is a AAA FPS (first-person shooter) game developed by Neon Machine Game Studio, which has successfully raised 37.5M USD through 3 rounds of capital calling.
Despite encountering some drama surrounding Shrapnel’s CEO trying to use company money to pay off personal debt. However, it cannot be denied that Shrapnel is still very hot in the market, the SHRAP token price has witnessed a huge growth from only 0.074 USD to 0.4 USD at the present time.
Game Shrapnel on Avalanche
According to information from the team, Shrapnel will also officially launch on the Epic Games Store scheduled for December 2023 and will only be for the first users, then it is expected that Shrapnel will open publicly to all users. in early 2024.
Treeverse – MMORPG game on mobile devices
Treeverse is a top-down open world MMORPG built for mobile devices with social features and an emphasis on cooperative gameplay.
Treeverse is developed by Endless Clouds – a game Studio with many members who have worked on some famous game projects such as: League of Legends, Rainbow 6 Siege, Horizon Zero Dawn, Dark Souls 3, Marvel Spiderman,…
According to the official announcement by the development team on Substack, the Treeverse game will be released in late December or early January next year. In addition, having just successfully called for 2.5M USD from investors such as Animoca Brands, Sky Mavis, YGG, Faze Clan, Immutable, Pudgy Penguins, Pixelmon, Pixels Online, Pixel Vault,… has created even more strength. attractive for Treeverse’s upcoming game launch.
Treeverse has successfully raised 2.5M USD
Ronin Network – Strongly reviving
Ronin Network is a Blockchain platform initially created solely to serve the development of Axie Infinity. However, now, Ronin Network is the destination for many outstanding games on the market. They have attracted new game studio partners such as Zillion Whales,…. or GameFi titles on other platforms, most notably Pixels.
With the appearance of Pixels, the number of monthly active users on Ronin Network increased to 500,000 users, an increase of 5 times compared to the previous month. RON token price also witnessed impressive growth from only 0.45 USD to 1.5 USD at the present time.
Growth in the number of users on Ronin Network
In recent times, Ronin Network has continued to have outstanding activities such as releasing Ronin Name Service (RNS) domain names or continuing to support and attract game projects deployed on Ronin, most recently Apeiron – a hybrid Roguelite and card game expected to move to Ronin Network this month.
TreasureDAO – Plan to develop its own Blockchain
TreasureDAO is also one of the notable projects in the near future. Recently, Co Founder of TreasureDAO, Karen Vuong, revealed that she is building a separate Blockchain for TreasureDAO and will use MAGIC tokens as gas fees. This move immediately fueled the rapid growth of the MAGIC token, with a 30% increase in 1 week.
TreasureDAO is known as an infrastructure platform for GameFi on Arbitrum, the destination of many outstanding games such as: The Beacon, Kaiju Cards,… Plan to build its own Blockchain as revealed by the team The team will be deployed on Arbitrum or Cosmos. This information will be very promising and can be the driving force for the growth of MAGIC tokens in the near future.
summary
GameFi is gradually becoming hotter than ever alongside other trends like BRC 20 or Memecoin. Above are the GameFi projects that I find noteworthy in the near future. I hope everyone has received useful knowledge.
