The Play-to-Earn (P2E) sector of crypto has behaved much like the crypto market. It has had its highs and lows but still stands to this day. P2E isn’t at the height it once was in 2021.
However, cryptocurrencies are being introduced that could help P2E gaming grow again. Moshnake (MSH) is a new cryptocurrency tipped to revive the P2E sector with its combination of a classic design with a modern twist.
Avalanche (AVAX) has dominated the crypto market since its inception in 2020. Its rapid rise to fame helped it achieve an impressive market capitalisation of $5.6 billion at the time of writing. Experts predict that Moshnake could rival Avalanche at the top of the crypto ladder in the future. Let’s find out what makes Moshnake so highly regarded.
What The Moshnake Game Entails
Moshnake has developed an ecosystem that combines the classic game of Snake with a modern battle royale element and special tournaments. The snake that you control is an NFT. There will be four designs, including Mamba, Viper, Krait, and Cobra, each increasing in rarity.
When entering the Moshnake arena, all participants must pay a participation fee. You aim to kill all the other participants while collecting and eating eggs. Killing the other Moshnakes allows you to take their VEN tokens and eat the eggs they have collected.
Once you have reached the top five players in the match, a black hole will open for you to deposit your collected items. If a Moshnake kills you before doing this, you lose everything. However, if you are successful and win the game, all the tokens gathered from participation fees are yours!
What Does The Moshnake Ecosystem Have To Offer?
Moshnake is not just a game. It is a vibrant ecosystem that hosts a helpful community. Moshnake will host an internal NFT marketplace for the four NFT designs mentioned above. Transactions made in the NFT marketplace and payments for tournament entry will use the MSH token.
Additionally, those who stake MSH tokens will be eligible to vote in the DAO. The DAO allows users to vote on existing proposals concerning the platform’s future. The Moshnake development team will liaise with the Moshnake community and fans to ensure their voices are heard during the development process.
Ultimately, Moshnake aims to provide a safe and secure platform for its users to enjoy. It will build on the Binance Smart Chain (BSC) to ensure maximum efficiency and smooth performance.
Avalanche’s Dominance In The Crypto Market Thus Far
Avalanche allows its users to access a high-performance blockchain without having a detrimental impact on the environment. The platform uses a Proof-of-Stake (PoS) consensus that allows it to use a minute amount of energy compared to Proof-of-Work (PoW) platforms.
The PoS consensus also allows Avalanche to reach unfathomable speeds when processing transactions, making it one of the fastest time-to-finality blockchains in the crypto market. Additionally, you can build blockchains of your own on the Avalanche platform through the use of subnets!
Avalanche’s high-performance level is one of the reasons it has dominated thus far. The crypto giant is also experiencing a positive trend, increasing by 3.80% in seven days at the time of writing.
Although the P2E sector of crypto is not at the height it once was, Moshnake offers a platform that could help revive it. The new game could bring together multiple generations onto one platform.
Experts have predicted that Moshnake could overtake Avalanche when it launches. To do so would be a monumental task, but the features of the Moshnake ecosystem could help it achieve this.
For more information on Moshnake (MSH), please visit the following links: