Decentralized exchange (DEX) PancakeSwap has actually introduced a brand-new platform to broaden even more into blockchain video gaming. The PancakeSwap Gaming Marketplace went live Tuesday and at first includes 2 video games themed around the exchange and its whimsical branding, however the business intends to motivate other designers to produce video games for the environment.
The business stated in a statement that the market will enable players, designers, and the PancakeSwap neighborhood to “play, develop, and link.” It follows the launch of PancakeSwap’s very first GameFi title Pancake Protectors, established with partner Mobox, which presented back in May.
Pancake Protectors, a tower defense video game with CAKE token benefits, has actually seen over 25,000 everyday gamers at peak, according to PancakeSwap. The video gaming center released with another video game that consists of CAKE benefits called Pancake Mayor, which is released by BinaryX.
PancakeSwap stated that the market will provide video game designers access to the DEX’s large user base, declaring that there are “1.5 million possible regular monthly gamers all set to welcome your developments.” The platform is apparently created to make it simple for studios to incorporate CAKE and PancakeSwap’s own NFTs for money making and revenues choices.
The DEX was initially introduced on BNB Chain (previously Binance Smart Chain), however has actually given that broadened to support numerous other blockchain networks, consisting of Ethereum and scaling networks consisting of Polygon, Base, and Arbitrum One.
According to information from CoinGecko, PancakeSwap’s BNB Chain exchange (V3) logged the 5th greatest token trading volume of any DEX over the previous 24 hours with about $247 million worth, with the V2 procedure including another $57 million to that tally and the Ethereum V3 DEX striking about $25 million in volume throughout that period.
Editor’s note: This short article was composed with the support of AI. Edited and fact-checked by Andrew Hayward