Truflation has introduced the GameFi Index, a tool designed to reflect the performance of major blockchain gaming platforms or Play-to-Earn (P2E) protocols.
With the GameFi sector attracting over $1.1 billion in investments by Q2 2024 and projected to grow to $302 billion by 2030 at an annual rate of 68%, this index is an essential resource for industry stakeholders.
Developed in collaboration with EllioTrades, the GameFi Index goes beyond token prices, incorporating trading metrics such as market cap, trading volume, and token holder counts. This helps assess the true growth of the GameFi ecosystem.
The index includes protocols like Immutable, Superverse, and Ronin, with 50% weighting given to daily trading volume and market cap. It also features 28 games, including World of Dypians and Axie Infinity, evaluated based on unique active wallets per day.
With over 2.1 million daily active wallets participating in blockchain games, the GameFi Index offers investors and newcomers a clear snapshot of the sector.
“On-chain gaming is evolving faster than ever, with over 2.1 million daily active wallets. The GameFi Index empowers users with accurate, up-to-the-minute data on the gaming sector,” said Stefan Rust, CEO of Truflation. “It provides a tool for anyone looking to diversify investments in the GameFi space.”