DETAILS: PANCAKESWAP UNVEILS NEW GAMING MARKETPLACE
- Announced today, @BNBChain’s leading DEX, @PancakeSwap, has launched its own Web3 gaming marketplace.
- The news comes 6 months after #PancakeSwap announced ‘Pancake Protectors’ - a PvP tower-defense game (at its busiest, enjoyed by 25K+ players).
- The DEX’s Gaming Marketplace, meanwhile, is a hub for “gamers, developers and community to play, build, and connect”.
What we know…
- At launch, the marketplace will support The DEX’s own ‘PancakeSwap Protectors', as well as @binary_x’s ‘Pancake Mayor’ game.
- As well as offering a venue for gaming community members, the platform will see most games integrated with PancakeSwap’s existing #NFT as well as the $CAKE token.
- The platform will further offer developers a place to “Showcase [their] gaming masterpieces to an enthusiastic audience”, in a bid to expand access and grant exposure to budding game-creators.
- The DEX further hopes that a myriad mix of PancakeSwap’s strong brand, a potential 1.5M users, security, and cross-ecosystem support, will attract both players and developers to its marketplace.
Takeaway:
@PancakeSwap’s expansion towards the Web3 gaming vertical is certainly interesting. It marks one of very few occasions in the #crypto industry wherein a prominent #DeFi ecosystem has expanded into #GameFi.
It will be exciting to see whether the DEX’s track record for effective growth and marketing in the DeFi sector will translate 1:1 into something new.
Of course, PancakeSwap’s already expansive user-base should give it a strong advantage over less-established start-ups and developers in the gaming sector, and community response to the DEX’s recent gamefi announcements has been both supportive and excited.
#CryptoNews #DecentralizedFinance #DEX
.@PancakeSwap has entered the GameFi space with the release of its Gaming Marketplace, allowing developers to directly build, publish, and update games on the platform. By @shauryamalwa.
https://t.co/0lffg5J9fG