The First Crypto Gaming Portfolio
Coinplan’s New Gaming Portfolio Brings Together the Best in Gaming Cryptocurrencies
The video game industry has grown exponentially in the past decade. The improvements of graphics cards, computing power, network effects on the internet, and eSports have resulted in a new wave of video games and devoted gamers. With total revenues in the gaming industry over $100 billion, this industry is growing fast and positioned perfectly to compliment the growth in the cryptocurrency industry because it is digital-native.
At Coinplan, we create thematic portfolios of cryptocurrencies that are investable on our crypto portfolio marketplace. We’re excited to launch the Coinplan Gaming Portfolio, a collection of what we consider to be the best cryptocurrencies for gaming.
In the Portfolio
FunFair (FUN) — A Trusted Online Casino on the Blockchain
FunFair is revolutionizing the online gambling and gaming industry by giving players full transparency into digital games through building these games on the blockchain. Online casinos and gambling games have been criticized for manufacturing more favorable odds, which the game player is oblivious to. So by FunFair using a public blockchain to bring transparency to online gambling, there is no longer a mystery box of unfair advantages to the online casinos. FunFair is building a full online casino with online slot machines, blackjack, roulette and more already available to play.
The FunFair token — FUN — is used within the FunFair ecosystem to access games, gamble, and claim awards. FUN is currently ranked #122 by market capitalization with a token price of $0.004540 USD.
Worldwide Asset Exchange (WAX) — Create, Buy and Sell Virtual Items
Worldwide Asset Exchange, or WAX for short, is a marketplace for virtual items like in-game purchases. For example, when a gamer purchases a new outfit in the popular game Fortnite, the gamer does not actually own the outfit. Instead, Fortnite owns the outfit and leaves the gamer with no claims to the virtual item he or she just spend hundreds of dollars on. There is clearly an imbalance in rights with that model.
WAX is using blockchain technology to give gamers true ownership of their virtual items. Not only does WAX give gamers true ownership of these items, but it also facilitates the buying and selling of virtual items in a peer to peer marketplace. Gamers can now trade a virtual item in one game for a virtual item in another game and then trade WAX into bitcoin to buy a coffee with their virtual winnings.
WAX is currently ranked #87 by market capitalization and has a token price of $0.041253 USD.
Decentraland (MANA) — Decentralized Virtual Reality for All
Decentraland is a virtual reality platform powered by the ethereum blockchain where users can create, buy, sell and monetize virtual reality spaces and games. Decentraland is looking ahead to the oncoming wave of virtual reality possibilities and has created a decentralized virtual world so that no single entity holds the power in this new world. Decentraland was built for builders — there is no limit to what a creator can build in Decentraland. Create a virtual casino? Gamble real money through ethereum. Create a virtual farm? Sell virtual corn for ethereum.
To learn more about the limitless possibilities of the virtual world Decentraland is creating, check out this video:
The MANA token is currently trading at $0.049513 USD and ranks 69th among all cryptocurrencies by market capitalization.
Enjin (ENJ) — Build Blockchain-Based Games
Enjin allows developers to create blockchain-based video games where transactions, virtual items, and rewards are all transparent and owned by the player. A unique aspect to Enjin blockchain games are that the developers have the ability to create fungible and non-fungible virtual items in the game, meaning identical or unique virtual items can be made.
Building video games on the blockchain enables developers to monetize their game directly from their users and gives ownership of virtual items to the users. It’s truly a win-win in disrupting a centralized video game industry where third-parties siphon fees.
The Enjin Coin, ENJ, trades for $0.035991 USD and is ranked #114 in total market capitalization. To learn more about Enjin Coin— Click HERE.
GameCredits (GAME) — Universal Cryptocurrency for Video Games
GameCredits seeks to become the one cryptocurrency that can be used at every level of the gaming industry from in-game purchases to development costs all the way to eSports marketing.
GameCredits is a completely open-source cryptocurrency
MobileGO (MGO) — Mobile Gaming on the Blockchain
MobileGO is a sister company to GameCredits, providing blockchain-based gaming serves for eSports and mobile games. eSports has exploded in popularity with 192 million games and prizes up to $38 million! MobileGo allows for transparent peer-to-peer matchplay and decentralized tournaments. By doing this on the blockchain, gamers can eliminate the middlemen that take fees along the way. The MGO token unlocks over 500 live games already.
The MobileGo coin, MGO, is trading at $0.465712 USD per coin and ranks 74th in total market capitalization.
If you’re interested in learning more about the Coinplan Gaming Portfolio, click HERE.
