- Avalanche (AVAX) may be nearing a breakout after a price dip, with analysts predicting a potential surge to new highs.
In a recent development, Gamestarter and Ava Labs have joined forces to create a game-changing product on the Avalanche blockchain: Gamechain. Gamechain is a layer one solution designed explicitly for Web 3 games.
Additionally, being powered by Avalanche, a renowned blockchain for games, means that developers won’t break a sweat while creating incredible gaming experiences. By utilizing Avalanche’s robust blockchain, Gamechain promises a secure, transparent, and efficient environment for all parties concerned.
This partnership marks a critical juncture for Gamechain’s vision of a thriving Web3 gaming ecosystem where developers, players, and investors flourish. Additionally, Gamestarter boasts a strong track record, having successfully funded over 50 projects through their launchpad, solidifying their position as a major player in the industry.
GameChain for Web3 Games
Powered by @avax, GameChain has been built to make blockchain gaming seamlessly easier for you. Like we say – Gameplay first, blockchain second 🎮
Here’s Why GameChain Rocks:
● Powering Gamestarter™
GameChain Powers Epic Games Like OverTrip,… pic.twitter.com/9p2K9fTKyf
— Gamestarter™ (@gamestarter) July 3, 2024
One of the pros that Gamechain offers is its inherent Software Development Kit (SDK). This user-friendly tool kit removes all the barriers related to blockchain integration, allowing developers to seamlessly incorporate blockchain features into their games. Additionally, GameChain boasts built-in cross-bridge functionality, enabling players to transfer their in-game assets across different blockchains effortlessly.
Worth noting is Gamestarter’s extreme value for its community; gamechain node holders enjoy a distribution of 25% of the total $GAME supply and up to 10% of tokens from upcoming Initial DEX Offerings (IDOs) on GamePad. Additionally, they benefit from receiving 35% of all transaction fees generated on-chain, enhancing the value of holding nodes.
With the sole purpose of offering gamers high-quality gaming experiences, Gamestarter boasts over 50 games awaiting launch. Additionally, their in-house studio, GGXYZ, is crafting three unique titles: the battle royale OverTrip, the MMORPG Dark Frontiers, and the casual mobile game Pixel Pix. This dedication to a constant flow of games ensures the platform stays engaging for gamers and developers.
Gamestarter wants to make it dead simple for games like @PlayOverTrip, @DarkFrontiersGS, and @PlayPixelPix to integrate blockchain.
So they built GameChain as an L1 on the Avalanche network. It provides the tools & blockspace for builders, while staying connected to the other… https://t.co/1CfvRFSAzh
— Avalanche 🔺 (@avax) July 3, 2024
Gamestarter dwells beyond GameChain. It is on the verge of creating new products designed to enhance the player and developer experience. These products include GameHub, GameID, GameSocial, and GameScan. GameHub will play as a centralized game launcher, GameID will facilitate seamless logins, GameSocial will foster community engagement, and GameID will offer an AI-powered anti-cheat solution.
Amping up the excitement for Avalanche aficionados, Analysts believe that the recent price dip might be coming to a halt with a potential breakout on the horizon that could send AVAX to new highs. Focusing on AVAX’s technical point of view, analysts state that all indicators hint at a bullish trend.
$Avax
Consolidating In Falling Wedge Chart Pattern Seems Like Healthy Correction Has Almost Completed Now Getting Ready For Breakout & Preparing For Bullish Continuation Expecting Move Towards 60-65$ In Case Of Successful Breakout #Crypto #Avax pic.twitter.com/XafWguyk8w
— World Of Charts (@WorldOfCharts1) July 1, 2024
AVAX, currently trading at $25.74, marks a 6.99% price drop in the last 24 hours. Analysts closely watch AVAX’s price trend as it hovers within a narrowing downward trend pattern. This pattern, known as a falling wedge, is often seen as a signal for a potential price increase soon.