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Home»Crypto»MultiversX (EGLD) Clocks More Development Activity Than Any Other Crypto Gaming Project: Santiment
Crypto

MultiversX (EGLD) Clocks More Development Activity Than Any Other Crypto Gaming Project: Santiment

August 31, 2024No Comments2 Mins Read
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The analytics firm Santiment reports that MultiversX (EGLD), a layer-1 blockchain, is leading the way in development activity within the crypto gaming sector. In the past 30 days, MultiversX recorded 228.73 notable GitHub events.

Coming in second is Decentraland (MANA), an Ethereum-based virtual reality platform, with 195.03 events. Wrapped Nine Chronicles Gold (WNCG), the ERC-20 version of NCG, secured third place with 110.37 events. NCG serves as the in-game currency for Nine Chronicles, an open-source online RPG.


Source: Santiment/X

Santiment emphasizes that routine updates are not included in their count of GitHub events. They employ a “better methodology” to gather data, based on a “backtested process.”

According to Santiment, high development activity around a crypto project is a positive sign, indicating confidence among developers and reducing the likelihood of an exit scam.

MultiversX is a decentralized proof-of-stake blockchain network with over 3,000 nodes, aiming to facilitate the creation of next-gen applications.

The native token of the project, EGLD, is currently priced at $30.48 and has seen a nearly 3% increase in the past 24 hours, ranking 91st by market cap.

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Generated Image: Midjourney

Activity Clocks Crypto development EGLD Gaming MultiversX Project Santiment
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