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Will Xchange Monster (MXCH) and STEPN (GMT) Propel Gamefi To New Heights?

The promise of decentralised ownership and attractive incentives are the main factors drawing gamers to crypto-gaming. Gamefi’s success has been a push for...
Will Xchange Monster (MXCH) and STEPN (GMT) Propel Gamefi To New Heights? Will Xchange Monster (MXCH) and STEPN (GMT) Propel Gamefi To New Heights?

The promise of decentralised ownership and attractive incentives are the main factors drawing gamers to crypto-gaming. Gamefi’s success has been a push for blockchain’s acceptance and legitimacy, propelling adoption. This article will assess how Xchange Monster (MXCH) and STEPN (GMT) will impact the industry.

A new way to play games with Xchange Monster (MXCH)

The Xchange Monster (MXCH) platform is helping the gaming community to embrace crypto, strengthening game developers, and also empowering players while making the blockchain gaming user experience effortless. Xchange Monster will enable seamless transfer and trading of in-game assets securely to reassure gamers of the authenticity of transactions.

Xchange Monster wants to revolutionise and encourage further development of blockchain gaming with a direct focus on improving the gaming experience. The aim is to narrow the gap between it and the gameplay of traditional games without letting go of the desired traits of decentralised blockchain gaming.

The ecosystem is backed by the native token, the MXCH Monster Coin. Xchange Monster has a range of utilities in place to support robust demand for MXCH while enhancing the development of the network. Over time the team also plans to reduce the quantity of MXCH in circulation.

In the Gamefi industry, it is tricky to regulate crypto-gaming platforms because blockchain technology is their underlying mechanism and operates on a decentralised system. It causes concern for users, giving the gaming community the impression that the adoption of blockchain technology is risky.

Being a well-secured, trusted platform allows Xchange Monster (MXCH) to tap into the potential of crypto-gaming and promote its growth and development. The platform is fully regulated and governed by the VQF, under the supervision of The Swiss Financial Conduct Authority (FINMA).

Xchange Monster will aim to reach as many people as possible, educating them about cryptocurrencies. The Xchange Monster vision is to assist people in investing with confidence and assurance. The team is working to create the most reputable source for a worldwide network of people concerned with the development of crypto-gaming.

The merge between gaming and the web 3.0 revolution has the potential to empower the Gamefi community and educate and inspire players to monetise gaming while retaining ownership over their assets in the game.

The Perfect Way To Track Progress, STEPN (GMT)

STEPN (GMT) is a Web 3.0 lifestyle app with built-in Gamefi and SocialFi elements. The game is the first blockchain-gaming platform to use the moved-to-earn concept. Users buy NFTs in the form of Sneakers by using GMT tokens, the main governance token. By walking, jogging, and running, users can gain the GST game token, the in-game sub token with an unlimited supply.

The STEPN platform measures a host of physical activities. It is mainly focused on walking, jogging, and running. The monetisation comes into play with NFT sneakers, which record the users’ activity.

With GameFi, STEPN (GMT) is aiming for millions of users to have a healthier lifestyle, tackle climate change and connect the public to Web 3.0, all while offering an incentive and allowing users to earn for an altruistic cause.

How will they affect Gamefi?

Though blockchain games are still in the early stages of development, they are positioned to compete with traditional games, disrupting the gaming sector. The economic incentives these projects carry will push the adoption of cryptocurrencies. Both of these projects offer a fresh dynamic to an already innovative industry and would be worth looking into for future holdings.

To find out more about Xchange Monster visit the official website, Twitter (NYSE:TWTR), Discord, and Telegram. To find out more about the presale, click here.

Continue reading on DailyCoin

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26-06-2022 00:16:59 (UTC+7)

EUR/USD

1.0554

+0.0031 (+0.29%)

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EUR/USD

1.0554

+0.0031 (+0.29%)

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GBP/USD

1.2272

+0.0012 (+0.10%)

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USD/JPY

135.23

+0.29 (+0.22%)

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AUD/USD

0.6944

+0.0055 (+0.80%)

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USD/CAD

1.2891

-0.0103 (-0.79%)

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EUR/JPY

142.71

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EUR/CHF

1.0114

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Gold Futures

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21.130

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3.7365

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Crude Oil WTI Futures

107.06

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Brent Oil Futures

113.19

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Natural Gas Futures

6.173

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US Coffee C Futures

223.40

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Euro Stoxx 50

3,533.17

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S&P 500

3,911.74

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21,719.06

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US Small Cap 2000

1,765.74

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IBEX 35

8,244.10

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BASF SE NA O.N.

42.215

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Bayer AG NA

57.79

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Allianz SE VNA O.N.

181.20

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Adidas AG

170.36

+3.30 (+1.98%)

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Deutsche Lufthansa AG

5.966

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102.62

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8.919

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 EUR/USD1.0554Buy
 GBP/USD1.2272↑ Sell
 USD/JPY135.23↑ Buy
 AUD/USD0.6944↑ Sell
 USD/CAD1.2891↑ Sell
 EUR/JPY142.71↑ Buy
 EUR/CHF1.0114↑ Sell
 Gold1,828.10↑ Buy
 Silver21.130Neutral
 Copper3.7365Sell
 Crude Oil WTI107.06↑ Sell
 Brent Oil113.19↑ Sell
 Natural Gas6.173↑ Buy
 US Coffee C223.40↑ Buy
 Euro Stoxx 503,533.17Neutral
 S&P 5003,911.74↑ Buy
 DAX13,118.13↑ Sell
 FTSE 1007,208.81↑ Buy
 Hang Seng21,719.06↑ Buy
 Small Cap 20001,765.74↑ Buy
 IBEX 358,244.10Sell
 BASF42.215↑ Buy
 Bayer57.79↑ Sell
 Allianz181.20↑ Sell
 Adidas170.36↑ Sell
 Lufthansa5.966↑ Sell
 Siemens AG102.62↑ Buy
 Deutsche Bank AG8.919↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,760/ 6,840
(6,760/ 6,840) # 1,696
SJC HCM6,785/ 6,865
(0/ 0) # 1,716
SJC Hanoi6,785/ 6,867
(0/ 0) # 1,718
SJC Danang6,785/ 6,867
(0/ 0) # 1,718
SJC Nhatrang6,785/ 6,867
(0/ 0) # 1,718
SJC Cantho6,785/ 6,867
(0/ 0) # 1,718
Cập nhật 26-06-2022 00:17:02
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