Welcome to the Avalanche Weekly Overview. A one-stop-shop for the AVAX community to get up to speed on the Avalanche blockchain network’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place. 

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These metrics are based on a 7-day time frame, unless noted otherwise. 

🔺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.

Distribution of subnets by category. Source: Snowpeer

Here’s Avalanche-based articles that made headlines this week. 

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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.