Sort out the GameFi dedicated chain and ecological game representatives on the chain

Since the beginning of 2024, among the 6 projects launched by Binance Launchpool, 4 projects are related to games, followed by the virtual companion game Sleepless AI and the Layer3 game public chain , Metaverse farm game Pixels, and Protal platform focusing on cross-chain games.

Binance’s move to list game track assets one after another has made the long-dormant GameFi track lively again, and the 4 game projects listed on it Among them, there are two assets more or less related to the game-specific chain, among which Xai is the representative of the Layer3 game-specific chain; while Pixels is the first ecological project on the game side chain Ronin to be listed on Binance, and on February 5 Binance officially lists Ronin’s native token RON.

In fact, not only Binance is increasing its support for chain games, but also multiple game projects are also building their own GameFi dedicated chains. On February 15, the ApeCoin community announced that it would build ApeChain based on the Arbitrum developer stack; on February 22, the TreasureDAO community, known as Web3 Nintendo, voted to develop Treasure Chain based on the Arbitrum ecosystem and plans to launch the mainnet in Q3 this year.

Looking for the combination of "new GameFi public chain and high-quality game assets on the chain" and "new public chain + new games" is becoming the new Alpha of the crypto community . So, what is the current ecological development of the game public chains represented in the encryption market?

Ronin Network (RON), a game-specific chain compatible with EVM

Ronin Network is referred to as Ronin It is an EVM compatible chain specially designed for game applications and built by Sky Mavis, the representative of Axie Infinity development team of Wanzhuan Games. The platform aims to solve problems such as congestion, high gas fees, and slow transaction speeds in Ethereum, providing players with a smoother and seamless gaming experience.

However, in March 2022, the Ronin network suffered a hacker attack and five validator private keys were stolen. The hackers used the hacked private keys to forge withdrawals, causing The loss exceeded US$600 million, making it one of the largest hacking incidents in the history of the cryptocurrency field and the most serious security incident in the blockchain gaming field.

Since this attack, the Ronin network once fell into a downturn, and the price of RON tokens also plummeted from a high of 3.4 US dollars, and fluctuated up and down at the bottom of 0.2 US dollars for a long time. Wander.

Recently, with the popularity of the on-chain ecological application Pixels Metaverse Game and the launch of the RON trading pair on Binance, Ronin regained his attention.

However, on February 23, Ronin Network made another security mistake. Some users reported on the Twitter platform that it was detected that RON (approximately 3 million coins) worth about 10 million US dollars was stolen by hackers and transferred through the currency mixer Tornado Cash.

Soon, Ronin co-founder Psycheout responded that there was no problem with Ronin and the cross-chain bridge. It was just a whale wallet being stolen. The stolen whale turned out to be Jihoz, the co-founder of Axie Infinity and Ronin Network. He explained that two of his personal addresses were subject to security attacks. The attack was limited to his personal account and verification or operational activities related to the Ronin chain. Nothing to do. This own incident did not affect the price trend of RON token.

In fact, Ronin has been continuously improving its infrastructure in the past year. In order to improve the security and stability of the network, reduce the risk of centralization, and ensure the security of user assets, in April last year, Ronin first upgraded its network consensus mechanism from PoA (Proof of Authority) consensus to DPOS. After upgrading the consensus, the network verified The number of nodes has increased from 9 to 22, making it more decentralized than before.

In addition, Ronin also launched the RON staking function and launched staking rewards. It also announced the first batch of Ronin-based game studio partners, including Directive Games , Tribes Studio, Bali Games, Bowled.io and SkyVu.

Subsequently, Ronin attracted the participation of high-quality and mature chain game projects such as Pixels. On average, chain games announced that they would move into its ecosystem every month. First, the P2E blockchain game Pixels announced its migration from Polygon to the Ronin Network in October. Later, the Korean game production company ACT Games said in November that it would migrate all its games to the Ronin Network. The card duel blockchain game Apeiron migrated to the Ronin Network in December. wait.

In January this year, Ronin launched Mavis Store, an online store for in-game items. Players can purchase on-chain and off-chain items, supporting RON, AXS, SLP, and WETH. Pay with USDC and donate 0.5% of income to the Ronin Treasury.

Currently, the Ronin network ecosystem has integrated the game aggregation platform Mavis Hub, the NFT trading market Mavis Market and other ancillary products focusing on chain games, as well as DeFi applications. DEX platform Katana, lending product MetaLend that supports game asset mortgage, Launchpad platform Impossible Finance, and infrastructure wallet Ronin Wallet, oracle Pyth Network, cross-chain bridge Bridge, etc.

According to official website data, as of February 29, the NFT asset transaction volume completed by Ronin Network has exceeded 4.1 billion US dollars, and the number of addresses is approximately 15.33 million. The gas fee per transaction is only $0.0012.

The native token RON is quoted at US$2.88, with a circulating market value of US$860 million. It ranks 112th in the encryption market, with an increase of more than 160% in the past three months.

Ronin ecological game representative

1. Axie Infinity, the originator of P2E play-to-earn games

Axie Infinity is the largest encrypted digital pet raising game on Ronin and pioneered P2E (Play-to -Earn) mode, players can raise, breed and trade NFT-based creatures named "Axies", and they can form teams of creatures named Axies to fight against each other.

As of today, Axie Infinity has derived Axie Classic (initial version), Origins (supports free admission for players), and HomeLand (land construction game) based on Axie creatures. , Raylights (a farm farming game for Land holders), Defenders of Lunacian Land (Axie survival game), Project T prototype (an early prototype of the Axie game) and many other games.

In July last year, Axie Infinity launched the AXP (Axie Experience Points) on-chain upgrade mechanism to promote Axie Pet development and component upgrades.

Players earn AXP points by playing the Origins version. These points are non-transferable and bound to each Axie, and can be used to upgrade and evolve the Axie pet character. Part or level.

The introduction of AXP and Axie upgrade functions makes Axies a dynamic NFT that can be improved and personalized over time, marking the transformation of Axies from a passive character asset to a viable one. Digital creatures that evolve through game activities, NFT supports upgradable mechanisms on the chain and will have wider uses, such as character development in games.

At the end of November last year, Axie announced the launch of official merchandise and an online store, selling badges with the project logo, Axie character shirts, hats, accessories, Squishmallow style plush toys, figures worth $300, etc., and supports dual payment in cryptocurrency and fiat currency.

At the same time, the commercial copyright restrictions of 4877 NFTs in the Mystic and Origin series have also been opened, supporting Axie NFT owners to use their NFT characters as mascots Come and launch a variety of businesses, including an Axie-themed cafe, comics, restaurant, or toy line.

However, this did not attract much attention in the community. According to official data, Axie Infinity’s treasury revenue in 2023 will be only US$3.4 million, with a DAU of 60,000.

On February 14, Axie Infinity announced the launch of Origins Season 7. The total prize pool size this season is 18,900 AXS and 1,374,051 SLP, worth approximately US$200,000.

As of February 29, the game governance AXS token was quoted at US$9.46, with an increase of 21.4% in the past seven days. The circulating market value was US$1.3 billion, ranking 77th. is; the in-game token SLP is quoted at US$0.0043, with an increase of 47% on the 30th, and a circulating market value of US$170 million.

2. Metaverse Farm Game Pixels

Pixels Original It is a pixel-style Yuan Universe Farm social casual game running on Polygon. It was migrated to the Ronin network in October last year. In this game, players can earn token rewards by operating a farm, cultivating land, collecting crops, wood, stones and other resources.

On February 8, Pixels launched the 46th phase of Binance’s new currency mining project, and announced the completion of US$4.8 million in financing the next day. This round of financing was funded by Framework Ventures, Yield Guild Games, Sky Mavis, etc. participated in the investment.

The native token PIXEL was listed on Binance on February 19 at an issue price of US$0.04, reaching a maximum of US$0.69. Today, the price has fallen back to US$0.49. The circulating market value is US$380 million.

On February 28, chain game Pixels pet pixel dog NFT announced the opening of casting. Pets can increase the scope of activities of players in the game, increase inventory space, etc., and will also Will be useful in future PVP modes.

The total number of pet dog NFT issued this time is 3,000. It is for players who have completed the "Key to Success" task in the game before. The casting fee is 500PIXEL (approximately $250). As of press time, the NFT’s floor price on Mavis Market is 180 RON (valued at US$495).

3. Card game Zoids Wild Arena

Zoids Wild Arena is a strategy TCG game (trading card game) developed by ACT Games, a well-known Korean game company. Players of this game can collect Zoids series of mechanical creature card NFTs, support the use of 30 cards to build decks, and compete against each other for dominance.

Players can also engage in 1v1 matches with other players. Each player uses their own pre-built deck and takes turns using their own various strategies for playing cards. Win by reducing your opponent's command to zero health.

In November last year, ACT Games announced that it would introduce all its games to the Ronin network. Zoids Wild Arena is its first A game migrated to Ronin.

4. Card duel game Apeiron

Apeiron is A card duel and god simulation game in which players play as gods and participate in battles using a card-based real-time battle system.

In December last year, Apeiron announced its migration to the Ronin network and completed a US$10 million seed round of financing led by Hashed in 2022.

On February 28, the public beta version of Apeiron Arena was released on the Epic Game store. Players can earn ANIMA airdrop points by downloading and participating in competitions. ANIMA airdrop points are available. It can be used to enhance and upgrade player character NFT, or be used for staking in the game reward pool.

Currently, Apeiron has not issued coins yet.

5. Multiplayer shooting game The Machines Arena

The Machines Arena is a 4v4 multiplayer online shooting game. Player characters are presented as virtual heroes, and it provides two single-player and multiplayer modes. Players will fight as tanks or auxiliary heroes on the sci-fi battlefield.

Directive Games, the developer of The Machines Arena, is a game development team based in Hong Kong, China, focusing on the development of AR games.

Currently, the game is in the internal beta stage, and players need to sign up to participate.

Layer3 game-specific chain XAI

Xai is built by Offchain Labs based on the Arbitrum Nitro technology stack , a Layer 3 network customized and developed specifically to meet the needs of Web3 games. Focusing on reducing Gas costs, enhancing network stability, etc., it is also the 43rd phase project of Binance Launchpool.

On February 28, Xai announced that its token XAI pledge system v1 is now online and has opened the redemption function from esXAI to XAI. The value of XAI tokens pledged on the day of launch exceeded $30 million.

Xai network uses the XAI and esXAI dual-token economic mechanism to maintain the balance of the ecosystem.

esXAI is non-transferable and is obtained through XAI lock-up at a ratio of 1:1. It is mainly used to obtain more benefits through staking, such as the online V1 pledge version. Supports increasing the pledge level by staking esXAI, increasing the frequency of XAI rewards, etc.

XAI is the Gas payment and node reward token in the Xai network and the main token in its gaming ecosystem as payment for games and in-game items assets. Among them, the total number of XAI tokens issued is 2.5 billion, with a quoted price of US$1.3 on February 29, an increase of 25% in the past 14 days, and a circulating market value of US$368 million.

In addition, Xai stated on February 18 that it is studying the formulation of a DAO proposal to enable Arbitrum to allocate 100 million to 200 million ARB for the development of games.

In June last year, Xai announced that it had cooperated with the well-known game team ExPopulus to develop two games: the card game Final Form and the metaverse LAMOverse.

Currently, role-playing games Tarochi, Final Form, LAMOverse, origami-themed game Kashi, etc. have been deployed in the Xai ecosystem. Camelot DEX and Rarible have also been launched. Products such as NFT marketplace and Web3 development toolkit Thirdweb.

On-chain game representatives

1. RPG game Tarochi

Tarochi is the first RPG game launched by Xai. The game is based on Paima Developed with a platform engine, the gameplay is similar to Pokémon. Players can explore, complete tasks, fight and capture monsters.

On February 11, Tarochi released the Genesis Trainer NFT, which can be used to speed up game progress and try out new products in advance. The NFT had a circulation of 10,000 and was sold out within 31 hours.

As of February 29, the trading volume of Genesis Trainer NFT on the OpenSea platform was 60 ETH, and the floor price was 0.0113 ETH.

2. Card collection game Final Form

Final Form is a card collection game developed by ExPopulus. Players can collect character cards and participate in battles to win rewards. The game is scheduled to be released in April 2024.

3. Metaverse game LAMOverse

LAMOverse is also developed by The metaverse game developed by ExPopulus provides players with a fully immersive and constantly evolving universe. Players can enter with virtual identities and fight opponents to obtain rewards. The game will be launched in the fourth quarter of 2024

4. Action game Carnivale

Carnivale is also developed by ExPopulus. is an open-world action game set a century in the future, where humanity's main struggle has become the influence and control of information, and people need to fight for it. Currently, the game is still under development.

ZK-based Layer2 game public chain Immutable

Immutable is also called Immutable X originally used StarkEx The zkRollup layer 2 built with technology and focused on NFT and GameFi has fast transaction confirmation, zero gas fees and high scalability. In March last year, Immutable turned to cooperating with Polygon to develop the zkEVM network. On January 30, it announced the launch of the Immutable zkEVM main network and will be open to the public.

Currently, there are two Layer2 networks in the Immutable ecosystem: Immutable X and Immutable zkEVM. The biggest difference between the two is that the Immutable X network does not support smart contracts. In addition, it also provides developers with related supporting infrastructure for developing NFT and games, such as NFT market development templates, NFT Mint tools, APIs to optimize NFT liquidity, etc.

In December last year, Framework Ventures also announced a strategic investment in the Immutable ecosystem, with an undisclosed amount.

According to the "2024 Annual Plan" released by Immutable on February 2, more than 200 games have been launched on the Immutable network, more than 100 of which are based on Immutable zkEVM Build, many games will launch in 2024.

After the beginning of 2024, many games announced that they would join the Immutable ecosystem. Among them, on January 24, chain game developer Endless Clouds announced that two of its games, Treeverse and Capsule Heroes, would be added to the Immutable zkEVM ecosystem; on February 3, the RPG NFT game Pixelmon announced that it would build Immutable zkEVM and launch a battle arena.

According to the official website, the Immutable ecosystem has integrated more than 150 games, and there are more than 20 NFT and game asset trading markets, including well-known card games. Gods Unchained (GODS), the role-playing game Guild of Guardians and the combat game Illuvium (ILV), etc.

As of March 1, Immutable’s native token was quoted at US$3.22, with an increase of more than 60% in the past 30 days. The circulating market value is US$4.47 billion, ranking 24th.

Representing games on the chain

1. The card game Gods Unchained

Gods Unchained (GODS) is a strategy card game (TCG) developed by the Immutable X team. The gameplay Similar to the card game "Hearthstone" produced by Blizzard, the game has a temple with 6 different god characters. Players can choose a character and build various tactical decks based on their existing card decks. Reduces the opponent's health to zero.

On February 29, the Gods Unchained game launched its early access version on Google Play and Apple App Store.

GODS is a GodUnchained game token with a total supply of 500 million, which can be used to upgrade card levels and conduct community governance voting. Quotes as of March 1 It is US$0.37, with a circulating market value of US$100 million, an increase of 35% in the past seven days.

2. Fighting game Illuvium

Illuvium (ILV ) is a collectible and role-playing (RPG) game created by Synthetix founder brothers Kieran and Aaron. In the game, players need to collect NFT creatures named Illuvial, form a team composed of Illuvial, and compete in different modes.

There are three main games in the Illuvium ecosystem, the open world exploration mode Illuvium Overworld, the RPG battle mode Illuvium Arena and the land management mode Illuvium Zero3.

Illvium Arena is an automatic battle game mode. Players can form teams and compete in various modes, such as survival competition;

Illuvium Overworld: an open world adventure where players explore alien landscapes, capture beasts called Illuvials, and collect resources to enhance Illuvials' skills;

Illvium Zero is a city-building game focused on strategy and city management, allowing players to build and manage digital complexes and profit from resources;

On February 14, Illuvium stated that it plans to launch Illuvium: Overworld version of the Illuvial Hunting game, also known as the Illuvial hunting adventure game, in Q2 2024 to enhance players’ gaming experience in the open world.

Illuvium game token is ILV, which can be used for community governance voting, decision-making protocol income and profit distribution, etc. The circulation is 10 million, and the current price is 118 US dollars, nearly 7 It has increased by more than 25% every day and has a market value of US$740 million.

3. Card battle chain game Shardbound

Shardbound was originally a PVP card battle strategy game launched by Spiritwalk Games and developed by game studio Bazooka Tango. In March last year, it announced that it would cooperate with Immutable Studio to launch a blockchain game version. The number of registrations has exceeded 80,000.

4. Fighting shooting game MetalCore

MetalCore is developed by A mecha warrior-themed fighting game developed by Sutdio369 Studio. Players will control combat mechs, aircraft, tanks and other vehicles to fight in a vast sandbox map to compete for resources and loot. It is planned to be launched this year Open beta launched before Q2.

The game completed a Token and NFT sale financing worth US$15 million in March 2022. The private placement was led by BITKRAFT Ventures and Delphi Digital, with participating investors Including Immutable, Animoca, as well as Yield Guild Games (YGG), Merit Circle, Avocado, etc.