Truflation Launches GameFi Index: The Ultimate Data Tool for Tracking the Hottest Gaming Tokens
Truflation is proud to announce the launch of our brand new GameFi Index, an innovative tool designed to track the return performance of leading blockchain gaming platforms, widely referred to as Play-to-Earn (P2E) protocols.
Why GameFi?
The GameFi sector has drawn over $1.1 billion in investments as of Q2 2024 (Kraken), and industry growth is expected to reach $302 billion by 2030 with an annual growth rate of 68%.
What The GameFi Index Tracks
The Truflation GameFi Index combines trading and user metrics across major protocols and games, creating a benchmark to better capture the potential and resilience of the GameFi ecosystem. Highlights include:
- Top Protocols: A select group of platforms, including Immutable (IMX), Superverse (SUPER), Beam (BEAM), Ronin (RON), Avalanche (AVAX), Polygon (POL), and Toncoin (TON). Protocols are analyzed using a 50% weighting within the index, employing metrics like daily trading volume and market capitalization to ensure diversified representation.
- Top Games: The index currently includes 28 games that meet minimum unique active wallets of 50,000 per day. Some notable games in the index include World of Dypians, Pixels, KGeN, Apeiron, Alien Worlds, and Axie Infinity. Games are weighted based on unique active wallets against the aggregate sum.
Partners
The GameFi Index, launched in collaboration with prominent blockchain gaming advocate EllioTrades, is a comprehensive measure of the performance of the GameFi industry beyond token price alone. It provides deeper insight into industry growth, powered by both trading and user indices that measure engagement, market cap, and trading volume, alongside metrics such as fully diluted valuation and token holder numbers.
Why Invest in GameFi?
Driven by the rise of AAA and AA blockchain games, role-playing game mechanics, and innovative in-game economies, blockchain-based gaming is transforming the digital economy. The Nansen Report highlights that key growth areas include role-playing games, immersive Web3 experiences, and economy-building features that directly reward players for their in-game contributions.