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Top 5 Biggest Token Sales of Month In The NFT Gaming Sector

source-logo  coincodex.com 25 April 2021 15:19, UTC

Non-fungible tokens (NFTs) are storming the gaming market as decentralized collectibles, cards, unique powerups and a slew of in-game content are making their way into all manner of games ranging from RPGs to high-class adventures with engrossing tales and character development. It seems NFTs have managed to breathe new life into the decentralized gaming sector, adding tremendous value to digital content that is being turned into unique sets of assets players are vying to shell out top dollar for. The following is a short list of the top Token Sales in the decentralized gaming sector that are set to rock the month of April.

1. Sorare

Raised: $60 million

Sorare opens up the list of interesting token sales for the month as a fantasy-football game with NFT integration that has attracted the interest and excitement of both the gaming and investor communities. Sorare offers players a selection of unique football player cards that can be bought and used in-game to control characters, form teams, win championships and valuable prizes.

Sorare already has an established fan base as over 130 football clubs are already partners of the project and sales volumes of the game’s collectible cards have exceeded $4.2 million from 120 countries in January of 2021 alone. The latest funding round headed by venture fund Benchmark Capital attracted $48 million to the project, propelling the total amount of funds raised to just over $60 million.

2. Boson Protocol

Raised: $36 million

The Boson Protocol is the next major player on the list striving onto the arena with its innovative product offering in the form of a capture resistant dCommerce ecosystem using NFTs encoded with game theory. At its core, Boson is public infrastructure for coordinating commerce transactions, hosting all manner of Dapps, and allowing its participants to conduct transactions with NFTs.

The project has been highly successful so far in attracting funding, as its latest public round ended with the raking in over $25.8 million in funds, raising the total amount to over $36 million, highlighting the prospects investors see in the endeavor.

3. Enjin

Raised: $18.9 million

Enjin is up next on the list as a fully NFT-dedicated platform that is making the transition to the Polkadot blockchain to ensure better throughput, transaction speeds and overall user experience in the NFT space. Enjin (ENJ) is more of a product ecosystem that is aimed at offering developers the tools and environment necessary for creating advanced virtual worlds and economies.

As a fully decentralized product that already supports such exciting games as Rust – a post-apocalyptic sci-fi universe, Enjin enjoys the support of investors, both minor and major. The platform has successfully attracted $18.9 million during a private token sale round led by Crypto.com Capital, DFG Group and Hashed, which has given the project the funds necessary to continue development.

4. Chainbinders

Raised: $7.5 million

Next up on the list of exciting token sales in NFT-based gaming on decentralized platforms is Chainbinders – a Japan-inspired game from DokiDoki Finance (DOKI). The game revolves around a host of 15 characters called Chainbinders who inhabit a post-apocalyptic world and strive to unravel the mystery surrounding the cataclysm that had shattered their home. The heroes are endowed with supernatural powers; the set includes 100 unique cards that can be obtained through gacha-style digital slot machines and then sold on the open market in NFT format.

Apart from its exciting premise, profound storyline and mesmerizing style that was created by over 50 artists, musicians, and songwriters, Chainbinders also sports an advanced game theory that foresees the burning of cards to increase redeem Ethereum and, subsequently – the price of remaining cards. Chainbinders has successfully raised over $5 million worth of financing on the first day of its sale, with $3.8 million received in under 2 hours, no less. The total amount of funds raised so far is $7.8 million. The project is surely worth keeping an eye out for.

5. ​​​​​​​Illuvium

Raised: $5 million

Illuvium (ILV) is more than just a decentralized DApp – it is a full-fledged game – a fantasy battle game at that, which offers players an open-world RPG with beasts ripped right out of prehistoric times when the world was young and a cataclysm that sends tremors of chaos across the in-game universe. The players of Illuvium are sent on an adventure to hunt and capture deity-like creatures called Illuvials while uncovering the dark secrets of the world and the reasons behind the cataclysm.

The game’s premise proved exciting enough to bring in over $5 million from Framework Ventures – an established venture capital fund operating on the decentralized finance market and engaged in supporting promising startups. The NFT autobattler game has hit the target when it comes to unique content as players have supported the project’s strive to offer collectible beasts that can be sold on the open market, with some fetching impressive prices.

coincodex.com