Web3 game Spellborne passes 100k signups amid public beta launch on Avalanche
Avalanche Weekly Overview - July 10, 2024
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Avalanche by the numbers
AVAX token price: $26.30 (-2.58%)
Max transactions per second: 386 (-12.47%)
Network’s total transactions: 8.97M (+16.19%)
Avalanche C-Chain daily txns: 151.8K (-7.66)
DeFiLlama’s Avalanche TVL: $763.4M (+1.29%)
Top 3 Avalanche DeFi projects by TVL:
BENQI: $268.53M (-10.94%)
Aave: $265.3M (-4.97%)
Trader Joe: $85.04M (-11.41%)
These metrics are based on a 7-day time frame, unless noted otherwise.
Inside the network
🔺What we’re watching: Spellborne, a creature adventure-based massive multiplayer online game (MMO), launched its public beta alongside Season 1: Higher Stakes. Higher Stakes is an ongoing seasonal campaign aimed to immerse players in the lore of the game’s setting, Celestia.
🔺Why it matters: The launch of Spellborne's public beta marks an important milestone for the project and its overarching goal of creating an immersive gaming experience. With over 12K daily active users and 100K signups during its launch week, Spellborne shows promise to become one of the largest games on the Avalanche network.
Through player engagement and various in-game features such as capturing monsters, growing crops, and crafting items, Spellbourne aims to establish a strong player base and foundation. Additionally, the game incentivizes content creation with its inaugural in-game campaign, Season 1: Higher Stakes, to reward community members who go above and beyond just playing a game.
Its strategic partnership with Animoca Brands also aims to enhance the game’s reach and capabilities. By leveraging Animoca’s extensive ecosystem, the game hopes to emphasize content creation and community engagement to a broader audience. With Spellbourne’s plans to introduce support for major platforms and a robust reward system, the game is poised to attract a new audience and establish itself as a key player in the MMO sector.
🔺TLDR: Spellborne’s entry into the public beta phase positions itself as a major player in the MMO gaming space, blending nostalgic elements with modern twists. The game's various in-game features could create a dynamic and engaging environment for players and differentiate itself in an already crowded market. As the game evolves with future seasons, it has the potential to become a staple in the MMO genre, driving innovation and community growth in the digital gaming landscape.
Its launch features are expected to be available later this year via browser, with support for iOS, Android, and the Epic Games Store.
Scaling the ecosystem
Top 3 Avalanche games by 7-day total txns:
DeFi Kingdoms: 4.06M (+3.84%)
Shrapnel: 183.37K (-4.52%)
Tiltyard: 54.38K (-20.76%)
Alchemy introduced support of its services for Avalanche C-chain developers
Fableborne announced Dungeon Derby, the game’s play-to-airdrop campaign, which has a 50k+ player base
Oz Protocol, a social data subscription protocol app on Avalanche, announced its open beta
OverTrip, a battle royale game powered by Gamestarter, launched its battle pass for the game’s upcoming launch
Active subnets: 44
Subnet validators: 287
Total validators: 1,525
Total blockchains created in the Avalanche network: 98
Total staked across Subnets: 560,797 AVAX
Distribution of subnets by category. Source: Snowpeer
AVAX community wins
X user DfkDegen created a deep dive into DeFi Kingdoms’ upcoming PvP colosseum-based game
Check out TheDeFISaint’s thread outlining Avalanche’s partnerships and ecosystem builders
Don’t know where to start? Take a look at Avax Daily’s list of various Avalanche ecosystem partners (pictured below)
Avalanche Archives
Here’s Avalanche-based articles that made headlines this week.
Hear what Dominic Carbonaro, director of NFTs and art at Avalanche, had to share about the NFT space
Trader Joe Offers Comprehensive DeFi Solutions on Avalanche Network (CoinTurk)
ICYMI: Ava Labs Chief Information Security Officer J.M Porup spoke at EthCC earlier this week, check out the Yap Global summary below 👇🏼
Check out the Avalanche blog for more updates.
Join in the fun
Want to dive deeper into Avalanche?
Find the latest Ava Labs job postings here
Tune in to Avalanche’s Q3 State of the Ecosystem Webinar on July 16 at 12PM ET
Join the Avalanche community for Avalanche Summit III in Buenos Aires, Argentina from October 16 to October 18
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.