jakiro
Author: Climber, Bitchain Vision Realm
Around the New Year, Binance launched multiple GameFi projects one after another, which seemed to intentionally lead 2024 to become the chain tour year.Looking back in the past year,OKX has made a lot of money because of the early layout of inscriptions. Will the same drama be staged again this year?
On February 29, Binance launched the Web3 game platform Portal.Time to trace, Binance has launched multiple chain tour projects in the past three months, such as Pixels, Ronin, Sleepless AI, XAI, Fusionist, and Heroes of Mavia’s project currency contract.Obviously, Binance’s attention is condensed at the long -awaited GameFi track.
Axie Infinity, the king of chain tour in November 2021, has fallen quickly, and the chain tour sector has not been prosperous.Today, two years have passed, and Binance also intends to push the chain tour to the iron throne of the currency circle again.It ’s just that Gamefi has added more narratives and games is more novel. Where do you have the new power and the newest king potential under the new logic?The train of the chain travel sector is injecting fuel. Will it be the best time to buy tickets now?
Chain Travel Circuit Overall
2023 is the year when the encrypted market is transferred from bear to cow. Affected by the trend of Bitcoin to the warm market, many track sectors ushered in Xiaoyangchun.However, there are still some tracks in the dormant period that is ready to go, among which there are chain tours.However, the recent data on many necklaces show that the chain travel track has a trend of rising development.
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According to data from the META Data of the chain travel platform, since May 2023, the number of active users of the chain travel track has risen all the way, from 700,000 to 2.2 million, an increase of up to 214%.The number of games rose from 2300 to 2800, an increase of about 21.73.
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Similarly, we can also see similar trends on another chain data platform Footprint Analytics, but it is worth noting that the number of active users in the chain tour has exceeded the top of November 2021.This shows that the current user has a high degree of recognition of the chain tour. In the future, if the chain track can explode again, it will inevitably attract more users to pour in and eventually form a virtuous circle.
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The indicator of the most reflected chain tournament is its overall market value (MC). It can be seen from the figure above that the GameFi MC is almost synchronized with the BTC MC, and even surpasses it at its peak.At present, the price of BTC has reached $ 64,000, which is only one step away from the historical high. With the entry of traditional institutional investors, the future BTC price continues to rise is only a matter of time.If the phenomenon above can continue, the market share of the GameFi track will also rise simultaneously.
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In terms of financing, it can be seen from ROOTDATA data that the number and quota of gaming tracks have picked up in the second half of 2023.And the total financing ranking is second only to the DEFI track.
Comparison of the new chain travel project
On February 29, Binance launched the Web3 game platform Portal, which once again gathered the eyes of the encryption market to the chain tour project.Earlier, Binance has launched multiple chain tourism projects in the past three months. Where can I have some important information on these chain travel projects that have been listed in a short period of time?Who is the leader in this batch of projects?
Let’s first briefly understand these new chain travel projects. Portal is a web3 game platform. Ronin is the Ethereum side chain built by Sky Mavis, a developer of Axie Infinity, and Pixels is a social leisure supported by Ronin Network.Web3 game, Sleepless AI is a AI -based virtual partner game, XAI is the first L3 project in the Arbitrum ecosystem, and Fusionist is a 3A -level Web3 blockchain retrofit strategy game. Heroes of Mavia is the Skrice STUDIOS.A MMO (large multi -person online) strategy mobile game developed.
From the above introduction, it can be seen that four new chain travel projects are all game works, and the others are game platforms and infrastructure.
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Bitchain has sorted out the key data of these seven chain tourism projects. By comparison, we can see:
In terms of project financing amount, it is clear that the number of financing is Pixels, Fusionist, and Heroes of Mavia. Among them, Heroes of Mavia has the highest amount of financing, which is 8 million US dollars, but the spot has not been on Binance.Other projects have not disclosed financing information, or only the financing situation of its development team, such as Sky Mavis.
In terms of market value, Ronin is currently the highest in market value, but it is already an old project compared to several other projects, and has experienced several waves of currency prices.Several projects of the new forces of Chain Tour are close to the market value, and the gap is not large.
In addition, it can be seen from the two data of the circulation and FDV that the circulation of chain tourism projects is below 30%, and most of them are about 15%line.At the same time, including Ronin, the complete dilution valuation (FDV) of each item is more than 3 times that of its market value (MC), and the largest is nearly 8 times.In other words, the new chain tourism projects are generally unlocking pressure. Even if the currency price has risen in the future, there will be the risk of falling on sale.
In terms of currency prices, as of the end, the highest price is Fusionist, the lowest is Pixels, and the newly launched Portal currency price is not good, the price of the currency is only 2.52.
Binance’s timely choice: seeking stability and benefits
Since mid -December last year, most of the new projects on Binance are chain -tours, and the platform seems to have intended to lead the encrypted market liquidity to the GameFi track.The news circulated from the media a while ago was the Binance Web3 wallet and the entrance inscription track, but in terms of the current action of the platform, it was obviously more attractive.
So for a global top exchange, what is the reason to promote its “upper” chain?
First of all, it can be seen from the overall trend of the chain travele track. At present, the number of active users and chain travel projects in this sector has clearly survived the ice period, and there is a trend of stability.In addition, the MC and financing amount of Gamefi are generally rising.
Judging from the situation of the chain -based environment, Binance at this time is obviously a suitable time to push the chain tour project.
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Secondly, according to the statistics of My Meta Data, BNB Chain’s number of chain -tourism projects and transaction volumes lead the major chains in other major public chains with 29.81%and 27.62%, ranking first.It can be seen from the proportion that BNB Chain has nearly 30 % of the Gamefi sector.
In addition, from the investment and financing background information of the above seven new chain travel projects, it can be found that Binance Labs invested in three of them, namely Fusionist, Sleepless AI, Heroes of Mavia.
It is not surprising that as a chain -travel project that has its own capital incubation, it is not surprising to launch its own trading platform.
Finally, considering capital income, Binance is also helpless at this time.
Earlier, there have been multiple BINANCE chain tour projects on their own exchanges. However, since November 2021, most of the chain tour has plummeted, such as Binaryx, Voxies, Mobox, League of Kingdoms and so on.Therefore, while Binance is urgently needed for the new chain tour project to prove itself, it also needs to use this back and forth funds.
When it comes to funding issues, it is necessary to mention the $ 4.3 billion fine paid by Binance and the US Department of Justice in November last year. Although this has not affected Binance, it is not a small number.
And if a lot of betting on the chain travel track BINANCE has re -built an emerging sector like OKX, it is necessary to pay various resources, and there is also a lot of risks. This can refer to the previous trend of the inscription section.Therefore, at present, it is the most secure choice for pushing the chain travel project no matter where it is.
Conclusion
Chain Tour was regarded as one of the popular narratives of the encryption industry in 2024. From its prospects, the potential is unlimited.However, as far as the quality of chain tours that have been emerged are concerned, there are few projects with both playability and benefits.And Binance has played a bracelet card one after another, showing that it has somewhat confidence in these projects that have been launched.
Furthermore, the chain travel track has been innovated for more than two years, and the quality of the game has also improved.Coupled with the rotation effect of the investment market, it is difficult to protect the next air outlet this year will not happen to the chain tour.However, it should be noted that the coat of promotional hype can hardly stand the long -term inspection of the market, and the chain tour may not experience the cold spring.
