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Truflation, a leaderĀ in real-time financial data and real-world asset indices, is pleased to announce the GameFi Indexās launch. ReferredĀ as Play-to-Earn (P2E) protocols, this cutting-edge toolĀ is designed to monitor the return performance of popular blockchain-based gaming platforms. As of Q2 2024, the GameFi sector has attracted over $1.1 billion in investments (Kraken), and at a 68% annual growth rate, the sectorĀ is predicted to reach $302 billion by 2030.
The GameFi Index is a comprehensive measureĀ of the GameFi industryās success that goes beyond token price alone. It was introduced in partnership with well-known blockchain gaming advocateĀ EllioTrades. It gives further insight into industry growth by using both trading and user indices to monitor engagement, market cap, and trading volume, as well as metricsĀ like fully diluted valuationĀ and token holder counts.
The GameFi Index: What It Tracks
In order to better represent the potential and resilience of the GameFi ecosystem, the Truflation GameFi Index aggregates user and tradingĀ metricsĀ from popular protocols and games. Highlights consist of:
Blockchain-based gaming is revolutionizing the digital economy thanks to the emergence of AAA and AA blockchain games, role-playing game mechanics, and creative in-game economies. According to the Nansen Report, role-playing games, immersive Web3 experiences, and economy-building capabilities that provide players direct rewards for their in-game efforts are important growthĀ areas.
Stefan Rust, CEO of Truflation stated:
āOn-chain gaming is evolving faster than ever, with over 2.1 million daily active wallets. The GameFi Index empowers users with accurate, up-to-the-minute data on the gaming sector. It provides a tool for anyone looking to diversify investments in the GameFi space.ā
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