Defi

PancakeSwap Releases Gaming Marketplace, Aiming for GameFi.

PancakeSwap, a decentralised exchange, launched its Gaming Marketplace on Wednesday. Aimed at the niche gaming finance (GameFi) market, it permits developers to create, publish, and maintain games directly on the platform.

In general, game apps that use tokens to raise money and reward expansion are referred to as “GameFi.” During the 2021 bull market, Axie Infinity, one of these projects, was one of the top-performing tokens in terms of price growth.

Two games have been released on the Gaming Marketplace: the well-liked “Pancake Protectors,” which was created in collaboration with Mobox in May 2023, and the brand-new “Pancake Mayor,” a lighthearted city-building game. When the game Pancake Protectors was at its busiest, over 25,000 players joined in a single day.

Developers from any of these nine well-known blockchains are able to create and publish games on PancakeSwap: BNB Chain, Ethereum, Aptos, Polygon zkEVM, zkSync Era, Arbitrum One, Linea, Base, and opBNB. Pancakes from Swap increased by as much as 5% in the past 24hours before losing ground.

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