Is Gaming Crypto’s ‘Killer App’? (This one crypto game is doing more volume than Polygon)

TL;DR

• Effectively, we have at all times questioned… If Bitcoin is accountable for popularizing cryptocurrency – what the ‘factor’ that is going to proliferate crypto on a huge/mainstream scale?

• Our greatest guess has at all times been gaming…if a kind of video games blow up – abruptly you may have an entire bunch of recent crypto customers.

• On Sunday, the community as an entire did 256K transactions in complete; SAGE Labs, a browser-based sci-fi recreation constructed on the Solana community, pulled in over 2.29M transactions on the exact same day!

• Is SAGE Labs the ‘killer app’ that may see each man and his canine proudly owning crypto?

Full Story

…however not one of the above entities have been those to really capitalize on every pattern.

(That was left to Amazon, Fb, and Hot Topic).

What’s this bought to do with crypto? Effectively, we have at all times questioned…

If Bitcoin is accountable for popularizing cryptocurrency – what the ‘factor’ that is going to proliferate crypto on a huge/mainstream scale?

Our greatest guess has at all times been gaming:

You are taking one thing that factor a whole lot of thousands and thousands of individuals do already (play video video games and acquire in-game gadgets) → put it on crypto rails (i.e. make these in-game gadgets tradable, utilizing blockchain tech).

…if a kind of video games blow up – abruptly you may have an entire bunch of recent crypto customers.

The cool half? We may be witnessing that second…

First, lets set some context:

The Polygon community is the preferred Ethereum layer 2 community on the earth, residence to the Starbucks Odyssey loyalty program and Draft Kings Collectible NFT market…

And on Sunday, the community as an entire did 256K transactions in complete.

Now, get this:

SAGE Labs, a browser-based sci-fi recreation constructed on the Solana community, pulled in over 2.29M transactions on the exact same day!

That was 15% of all transactions made on Solana that day (which is the seventh largest cryptocurrency on the earth).

Is SAGE Labs the ‘killer app’ that may see each man and his canine proudly owning crypto?

No thought! However gaming (as an entire) might effectively be…