Gaming cryptocurrencies were the stars of the 2021 bull market. Projects like The Sandbox and Decentraland pioneered gaming efforts
Gaming cryptocurrencies were all the rage during the 2021 bull market, with projects like The Sandbox and Decentraland leading the charge. However, the bear market that followed caused GameFi cryptos to lose steam. But now, as the market is entering another bull run, The Sandbox is once again seeing solid gains, and new projects like KARRAT and Rollblock are also making waves in the GameFi space.
KARRAT is a decentralized gaming infrastructure layer that provides support for the entertainment and AI industries. Meanwhile, Rollblock combines the DeFi and TradFi models with its GambleFi casino, which is built on the Ethereum blockchain. In less than 50 days, Rollblock has managed to attract a large user base and raise over $920,000. At the rate it's going, experts believe the project could see a 720% increase during its presale.
The Sandbox Announces New NFT Reward Program
The Sandbox was one of the biggest gainers during the 2021 bull run, making early investors millions of dollars in the metaverse sector. While those gains have fizzled out since then, The Sandbox is still making important moves in 2024.
On June 21, The Sandbox announced a new launch for a reward program that will allow users to earn a free wearable non-fungible token. This NFT program has brought a lot of interest from new investors, which could set up The Sandbox for a rally in the near future.
This year's hype has mostly shifted towards AI coins and new utility coins within the GameFi Play-To-Earn sector, such as Rollblock, but initiatives like this could cause a resurgence for metaverse coins like The Sandbox.
KARRAT Protocol Partners Up With AMGI Studios
Fresh off its latest surge, KARRAT also announced a partnership on June 4th with AMGI Studios, an independent animation and gaming company that sits at the intersection of AI and gaming. This collaboration is sure to integrate KARRAT into the broader appeal of the crypto space.
While KARRAT is new in the cryptocurrency space, gaming and AI are set to be some of the most lucrative sectors in the upcoming 2025 bull run, alongside meme coins and play-to-earn GameFi coins like Rollblock. So new investors looking for 50-1000x potential should keep their eyes on KARRAT, although it does remain a risky asset as of July 2024.
Rollblock ($RBLK) Sees Massive Momentum In Q2
In the DeFi space, one new project that's making waves is Rollblock. It combines the worlds of DeFi and classic gaming technology, giving users access to over 150 game modes in total. The games portfolio is constantly expanding, ensuring that it caters to a wide range of users.
With a focus on transparency and trust, Rollblock has quickly managed to attract thousands of users to its casino, which uses blockchain technology to make each bet irrefutable and unable to be changed once placed, giving Rollblock a unique edge in the casino industry.
Furthermore, Rollblock sets itself apart by not requiring any KYC (Know Your Customer) checks to use the casino, giving users the ability to join by simply connecting their wallet or signing up via email, reducing any barriers to entry and increasing user participation.
The Rollblock utility token, $RBLK, is used to reward player activity and can be staked for large APYs. In addition to this, Rollblock has allocated up to 30% of its weekly profits for a revenue share model, where it will actively buy back $RBLK from the open market, burning half of these tokens and using the remaining for rewards.
Having already gained global traction, Rollblock has seen a 50% increase during its presale, with $RBLK tokens currently going for $0.015 as Rollblock gets closer to raising $1 million. According to the project's tokenomics, $RBLK will have a fixed supply of 1 billion tokens in total. With the token burn creating a deflationary effect, $RBLK is set up for long term success, and as a result experts believe it could increase by 800% during its presale.
Investors getting involved now will be able to buy tokens at their lowest ever price and could see huge returns over the next few weeks. With an innovative GambleFi application, passive income opportunities, and massive potential to disrupt the $450 billion gambling industry, it's no surprise that Rollblock is one of the hottest presales of 2024. According to experts, the project has the foundation it needs to see 100x returns once listed on major exchanges.
Ready to join the future of crypto gambling? Discover all the exciting opportunities of the Rollblock presale today!
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