TL;DR
- Truflation and EllioTrades launch the GameFi Index to monitor the performance of leading blockchain gaming tokens.
- The index, which integrates metrics such as trading volume and token holders, aims to provide a comprehensive view of the GameFi ecosystem.
- Key protocols and 28 games, including Axie Infinity and Alien Worlds, are part of the index, providing a representative analysis of the sector.
Truflation, in collaboration with the influential EllioTrades, has launched the GameFi Index, an advanced analytical tool designed to monitor and evaluate the performance of the leading blockchain gaming tokens.
The index aims to offer deep and precise insights into the current state and growth potential of the industry, which has so far attracted over $1.1 billion in investments. It is projected that, with an annual growth rate of 68%, the play-to-earn gaming market could reach a value of $302 billion by 2030.
The GameFi Index is much more than just a record of token values; it includes metrics that offer an integral view of the ecosystem. Among the variables analyzed are daily trading volume, market capitalization, fully diluted valuation of projects, and the number of token holders. This information collection allows for a more precise understanding of the behavior and evolution of GameFi projects.
GameFi Index: Included Games and Protocols
Within the index, the most relevant blockchain protocols, such as Immutable, Superverse, Beam, Ronin, Avalanche, Polygon, and Toncoin, hold a specific weighting of 50%, determined by their trading volume and market capitalization. This focus on certain protocols ensures that the index provides a diverse and representative sample of the industry, offering a solid basis for sector evaluation.
Additionally, the index currently includes 28 games that meet the requirement of having at least 50,000 active wallets daily, a fundamental indicator of activity and popularity in the GameFi sector. Some of the games included are World of Dypians, Pixels, KGeN, Apeiron, Alien Worlds, and the popular Axie Infinity, each weighted according to its number of active wallets relative to the total.
According to Stefan Rust, CEO of Truflation, the GameFi Index will be crucial for the blockchain gaming sector. This market is experiencing rapid growth in users and market value. According to Rust, the index will provide users with detailed information that will allow them to better understand the market and make more informed investment decisions