Game tokens like the Sandbox (SAND) and Klaytn (KLAY) are part of many projects in the cryptocurrency market today. However, Moshnake (MSH) is set to join them and is poised to make a dramatic entrance.
Some enthusiasts believe that Moshnake (MSH) could launch with a massive bang and surpass many established projects. But what are the chances?
This article will explore Moshnake’s offerings and see if it can potentially surpass the Sandbox (SAND) and Klaytn (KLAY).
The Sandbox (SAND) is a piece of software that runs on the Ethereum blockchain and operates a decentralized online gaming platform for users to create, explore and earn. Users can purchase virtual pieces of land in the game called LAND and build experiences and games on top of them to share with other players.
The Sandbox’s metaverse uses three native tokens: LAND, ASSET, and SAND. While the LAND represents individual virtual properties, the ASSET tokens are simply Non-Fungible Tokens (NFTs) that represent other in-game objects like gear for avatars and creations used to fill the LAND. You can trade them at the platform’s marketplace.
However, the SAND tokens are the fungible tokens used to facilitate various gameplay-related activities, such as buying LAND, interacting with user-generated content, and staking to participate in the decentralized autonomous organization’s governance (DAO).
The token was one of the top investors’ picks before the bear market 2022. This is because it popularized the blockchain through gaming. The coin also saw up to a 15000% increase from its launch to the end of last year.
Klaytn (KLAY) is a public blockchain built for the metaverse, GameFi, and the creator economy. It was introduced in June 2019 and currently holds a sizable market share in South Korea’s blockchain industry.
Due to its success in South Korea, the company has started to grow internationally with the help of the Klaytn Growth Fund. The network employs an innovative integration of three blockchains into one to be able to scale without difficulty.
The Klaytn (KLAY) blockchain serves as a launching pad for real-world, real-time metaverse solutions. Its native token, KLAY, ranks among the top cryptocurrencies in the industry, having delivered over 3000% profit when it hit its all-time high in March 2021 to users who bought in at launch.
Moshnake (MSH) is a brand new project developing on the Binance Smart Chain. It aims to recreate the classic snake mobile game by merging the game concept with NFTs and Play-to-Earn (P2E).
The game will feature four Moshnake NFTs: Cobra, Mamba, Krait, and Viper, with varying rarities. Players simply need to purchase a Moshnake and start playing in their preferred teams.
Just as it is in the mobile version, players will manoeuvre their Moshnakes to eat eggs. However, they’ll also battle other Moshnakes to stay alive. The winners receive the entry fees paid by players in the game round.
Aside from gaming, Moshnake (MSH) will also feature additional entertainment options to make the platform into a full social ecosystem for users to hang out and interact with each other.
All interactions within the ecosystem will be based on the platform’s Moshnake (MSH) token, while the Venom (VEN) token will support gameplay.
Moshnake’s chances in the P2E industry are enormous. It is currently attracting attention from enthusiasts, even outside the core gaming community, as they anticipate a blockchain version of the legendary game. From the prevailing sentiments, it could launch with a bang and do even more numbers than the other tokens discussed here.
The Sandbox (SAND) and Klaytn (KLAY) are both popular for their contributions to popularizing the blockchain through gaming and the metaverse. However, Moshnake can potentially do more. It is currently running its presale to develop one of the next P2E projects that may take the market by storm.
Check out these links to follow the project.
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.