AltDex Launches Cryptocurrency Index of Gaming-Related Tokens

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Cryptocurrency indices provider AltDex has launched a cryptocurrency index of gaming-related tokens. The company announced the development in a blog post on April 4.

AltDex has developed a benchmark index for the blockchain gaming category  dubbed AltDex Gaming Index. The index is designed to track cryptocurrencies and tokens of blockchain-based projects related to video games, esports, and other analogous decentralized applications.

Per the post, AltDex’ index is applied in respect of 13 coins, including 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) , and BitGuild (PLAT) .

In March, Ethereum-based digital asset tokenization startup Enjin revealed it will launch a Software Development Kit (SDK) for game development engine Unity. The SDK will reportedly allow Unity developers to create, integrate and manage the distribution of ERC1155-compliant tokens on the Ethereum blockchain.

As reported earlier today, blockchain games developer Lucid Sight raised $6 million to expand its digital scarcity-powered games to traditional game platforms. The company will use the investment to launch Scarcity Engine, a software developer tool that is designed to introduce Lucid Sight’s blockchain-powered games on gaming platforms such as consoles, PCs and mobile devices.

In late March, blockchain startup Animoca Brands announced it had signed a global licensing agreement with Formula 1 to publish a blockchain game based on the world-renowned racing series. Animoca claims the blockchain game will deepen fan engagement, and that the partnership aligns with Formula One owner Liberty Media’s aim to improve fan experience via significant investments in new technology.