AltDex Launches Benchmark Index for Blockchain Gaming Companies

By Jamie Green – Crypto Dealer

On April 4, Tom Stankewicz, co-founder of cryptocurrency indices provider AltDex, reported about the launch of the first ever benchmark blockchain gaming index dubbed the AltDex Gaming Index.

This index was developed specifically to track tokens and cryptocurrencies of blockchain projects related to e-sports, video games, and other similar decentralised applications. A user could use the indices to help determine when to sell or buy cryptocurrency native to these blockchains.

The AltDex Gaming Index (ALTGME) according to Stankewicz, would be accessible with thirteen altcoin components. These tokens include:

  • Theta Token (THETA)

  • Enjin Coin (ENJ) 

  • WAX (WAX)

  • Decentraland (MANA) 

  • Kin (KIN) 

  • Loom Network (LOOM)

  • MobileGO (MGO)

  • DMarket (DMT)

  • Refereum (RFR)

  • GameCredits (GAME) 

  • Unikoin Gold (UKG)

  • Plair (PLA) 

  • BitGuild (PLAT) 

Stankewicz went on to explain how important blockchain adoption was in the gaming industry and emphasised how gamers can benefit of buying crypto and owning in-game assets as their recreation.

In March, Enjin, an Ethereum-based digital asset tokenisation start-up, announced it would launch a Software Development Kit (SDK) for the Unity game engine. This would enable Unity developers to produce, integrate and manage ERC1155-compliant tokens distributed on the Ethereum blockchain. A user could potentially buy Ether in the future to send for use in-game on the Unity platform.

Stankewicz cites the cryptocurrency build-up in gaming as:

“In recent months, many of these coins have started to gain mainstream attention”. One such project that has garnered much attention is Enjin Coin which acquired a partnership with Samsung, encouraging gamers and phone users to buy and sell cryptocurrency

Blockchain in gaming has become increasingly popular as developers realise the benefits it can bring to their development and the industry looks to continue its growth.

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