Here's who the new biggest gaming project in the crypto space is
According to analyst platform Santiment, the MultiversX (EGLD) blockchain has overtaken Ethereum-based virtual reality platform Decentraland (MANA) to become the largest crypto gaming project in terms of developer activity.
The data of Santiment reveal that MultiversX logged 236.93 notable events on GitHub, significantly more than Decentraland's 150.4 events. After these projects, the second layer scaling solution for immutable tokens (NFT) Immutable X (IMX) ranks third with 77.4 events on GitHub, and the sidechain of Ethereum Skale Network (SKL) with 42.6 events.
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Zilliqa Announces New Network Update – What We Need To KnowThe platform emphasized that their GitHub event reporting methodology excludes routine updates, relying for accuracy on “better methodology"And"backtesting process". They suggest that high developer activity is a positive sign that developers are committed to the project's success and reduces the likelihood that it is a scam.
MultiversX, formerly known as Elrond, is a decentralized proof-of-stake blockchain network with over 3,000 nodes. It aims to assist developers in building next-generation applications. Despite its developmental achievements, the project's native token, EGLD, is trading at $34.80 at the time of writing. It is the 89th crypto asset by market capitalization, having fallen over 24% in the last 2 hours and over 12% in the last month.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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