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BSC hosts half of the top 10 GameFi projects

The Binance Smart Chain GameFi developments are soaring in the gaming industry.

As of now, the GameFi space is controlled by Binance Smart Chain.
In 2022, the GameFi ecosystem is something to keep an eye on. A few of the best GameFi platforms have been developed by a variety of networks. Binance Smart Chain (BSC) projects, on the other hand, influence the most active ecosystem.

Five of the top 10 GameFi projects in the industry are premised on BSC-based GameFi protocols, as per BSC’s tweet on February 2nd. MOBOX, SecondLive and CryptoBlades are among the five BSC GameFi projects.

Decentralized applications (dApps) across multiple chains were compiled by DappRadar, a global app store and analysis company for decentralised apps (dApps). CryptoBlades is the only project to fall out of the top 10, leaving four of the previously mentioned projects in the top 10.

The BSC network continues to be the home of GameFi in the Decentralized Finance (DeFi) industry, according to recent data. Many GameFi represent on BSC would continue to draw a large number of new users because of their low transaction fees and high speeds.

Any information on Smart Chain technology from Binance is appreciated. The Binance Smart Chain is an Ethereum Virtual Machine (EVM) compatible smart contract blockchain that provides sovereign authority over smart contracts. Binance Smart Chain maintains the quick execution times and low transaction fees of Binance Chain while incorporating Smart Contracts to support suitable dApps.

 

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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