Gaming is one of the most profitable sectors in the entertainment industry, with $60.4 billion in revenue generated in the United States in 2021. A growing portion of this money is generated by blockchain-based online games , otherwise known as GameFi.
As these games become more and more popular, let’s see how The Sandbox (SAND) and Xchange Monster (MXCH) face ever-increasing revenue and transaction demands as they attempt to attract players to their platforms.
The Sandbox (SAND) – LAN Leveling
The Sandbox (SAND) burst onto the scene in 2011 as a mobile game and quickly became hugely popular. In 2018, developers Pixowl introduced the game to the world of crypto gamemeaning that users could now earn cryptocurrency on the game, making it a full-fledged game-to-earning metaverse (P2E).
Since then, The Sandbox (SAND) established his name as one of the best metaverses P2E existing ones, with more than 300,000 monthly active users (MAU). It is valued at $4 billion by Bloomberg.
Payment of rewards P2E in crypto is a whole new industry web3 which is a combination of games and decentralized funding. This area is known as GameFi – and it is growing rapidly.
The original transition from Sandbox (SAND) to GameFi was built on the Ethereum (ETH) blockchain, but now also offers cross-chain interoperability with Polygon (MATIC).
The migration to Polygon Layer 2 was driven by an effort to become greener and to improve the user experience in the metaverse by evaluating genes faster and cheaper.
Xchange Monster (MXCH) – The Complete Package
industry GameFi continues to grow at a breakneck pace. With more and more people primarily using the Ethereum (ETH) platform to transact, this is often a level of computational demand that the blockchain cannot handle. This leads to a lack of efficiency, resulting in congestion in the communication between nodes, leading to slower and less reliable transactions.
It’s here What does Xchange Monster (MXCH) do?). The new cryptocurrency platform is developed specifically to solve all the problems currently faced in the world GameFi. The fantastic new project is developed by a team of experienced and fully doxxed experts who are driven to provide a platform crypto gambling unique, providing solutions for vendors and the gaming community.
Apart from being an exchange platform that functions as a decentralized payment gateway, it also provides users with the easy-to-use Monster wallet, which is already fully integrated with the exchange.
Monster app can be downloaded from play store now. The native token of Xchange MonsterMXCH, is currently in presale stage and can be purchased by following the links below.
Whether you want to invest in an established cryptocurrency like The Sandbox (SAND), or if you decide to go downstairs with an exciting new project like Xchange Monster (MXCH), one thing is certain; these two platforms are at the heart of a booming crypto gaming market that shows no signs of slowing down.
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