According to a Medium blog post by Tom Stankewicz: “One of the most promising areas for blockchain adoption lies in the video game industry, with tokenised in-game assets representing a groundbreaking shift towards gamers actually owning the fruits of their virtual activities.”
The index will be focused on the coins and tokens of blockchain projects that are directly related to gaming, esports, or other similar decentralised applications (dApps).
In the same announcement, the company revealed which 13 gaming projects will initially be indexed.
The below listing is according to the most recent rankings on AltDex’s website.
- Enjin Coin
- Theta Token
- Loom Network
- Unikoin Gold
According to the website, the rankings are weighted and determined based on market capitalisation – which is averaged from more than 90 exchanges and 22,000 trading pairs.
The weighting is automatically updated every five minutes with each index entry having a starting value of 100.
There is also a brief list outlining which types of projects fall under the “general exclusion criteria”.
AltDex has said the index will not list stablecoins, egregious forks, or well-documented scam coins.
No coins with less than 5% circulating supply or with less than one month of trading history will be indexed either.
It remains to be seen whether more projects will be added in the future.
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Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.