AltDex Launches Cryptocurrency Index of Gaming-Related Tokens

For the virtual currencies, the world of gaming is said to be the most powerful wayto gain importance from people around the world and it will definitely sling forward the gaming industry in the future. Actually the culture of video game is now changing with the help of internet. It has become a multiplayer platform where individuals from across the globe can come to know each other while playing games. Even currently, all the youths of the world are going crazy about the video game called PubG and they form teams across the globefor playing it together. This is helping the youngsters to build a community outside the game itself.

One more thing about these video games is that it is currently plagued by high amount of transaction fees. People usually made these purchases by usingtheir credit cards. Butbyintroducing the cryptocurrencies into the world of gaming, the purchasing process of the video games have been changed. Paying through virtual currencies is an easy way for the online gamers to make in-game purchases without having a credit card. This concept of paying through the cryptocurrencies was first introduced by the game called Dragon’s Tale (Source — Wikipedia). It is the first ever Massive Multiplayer Online Role Playing Game (MMORPG) which allows its players to put their moneys on cryptocurrencies.

Recently some gaming companies started offering virtual currencies to the playersand they can win cryptocurrencies while playing the game. In the games like Pokemon Go, the developersreplace Pokemon as the object of the hunt with huntable and collectable cryptocurrency tokensthrough which players will earn cryptographic crypto hunt tokens built on the Ethereum platform as a reward for completing all those interesting, educational, and challenging outdoor missions and puzzles, and for trading unique items with other players.

Before all else,the market capitalization-weighted crypto indices provider AltDex has developed an index which is designed to track cryptocurrencies and tokens of blockchain-based projects that are associated with the video games, e-sports, and other equivalent decentralized applications. These indices serve as benchmarks across multiple digital asset categories.Its developers addedthe latest evaluation to the platform and the further information of the cryptocurrencies that has been added or removed will be found in its respective portal.

AltDex’s co-founder Tom Stankewicz reported in a blog postabout this launch of industry-first benchmark blockchain gaming index on 4th April 2019.He started his speech by highlighting that the AltDex Gaming Index (ALTGME) is now accessible with thirteen altcoin components. The index will be a benchmark for the blockchain gaming category, as announced by the platform. Its team decided to launch this new index based on the potential of the rapidly growing blockchain-based video game industry.

As previously mentioned, AltDex, which is known in the crypto space as a digital currency indices provider, has just unveiled to the public that introducing the Benchmark Index will revolutionize the video gaming experience of the players. It will be used in expanding its very own digital scarcity-powered games and paving the way towards traditional game platforms and improvise the overall online video gaming experience in the world.

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