Tom Stankewicz, Co-Founder of cryptocurrency indices provider AltDex, reported on 04 April about the launch of industry-first benchmark blockchain gaming index.
Tom commenced by highlighting that the AltDex Gaming Index (ALTGME) is now accessible with thirteen altcoin components. He touched upon the prominence of blockchain adoption in the video game industry. Tom emphasized the benefit of gamers to be able to own in-game assets as part of their recreation.
Tom cited on the buildup of cryptocurrencies in the gaming domain as –
“As such, we’ve been tracking the rapidly growing cryptocurrency category that focuses on blockchain gaming. In recent months, many of these coins have started to gain mainstream attention. Names like Enjin Coin (ENJ) have become household names in the crypto space thanks to Samsung partnering with the project.”
Tom conveyed that the launch of the industry’s first benchmark index for the blockchain gaming category was well-timed. He expressed that the focus of this offer would be on coins and tokens of blockchain projects directly related to gaming or esports. There would also be support for other allied decentralized applications.
Tom shared information on the enlisted coins of the index include – Theta Token (THETA), Enjin Coin (ENJ) , WAX (WAX), Decentraland (MANA) , Kin (KIN) , Loom Network (LOOM), MobileGO (MGO), DMarket (DMT), Refereum (RFR), GameCredits (GAME) , Unikoin Gold (UKG), Plair (PLA) , and BitGuild (PLAT) .
Tom further added that the AltDex Gaming Index has started evaluating the list for the rest of the AltDex constituents. The latest evaluation had been added to the platform and more information about the cryptocurrencies added or removed could be found in the respective portal.
In March, Animoca Brands Corporation Limited shared information about a global licensing agreement with Formula 1 (F1) to develop a blockchain game based on the world-famous racing series. Likewise, there were reports that the world’s most powerful blockchain game development platform, Enjin would be rolled out on the largest game engine, Unity.
Tom concluded by highlighting an important point that the list does not feature established smart contract platforms like Ethereum, TRON or EOS. He clarified that such an inclusion would dramatically impact the rankings and would digress from blockchain gaming. Tom noted that although the quoted blockchains could be extended to support gaming applications, it was not their primary area of work.