Chain Games

What is Chain Games?

Chain Games is a Web3 gaming company dedicated to transforming the gaming industry by incorporating blockchain technology and cryptocurrency. It offers a decentralized gaming platform where players can engage in skill-based competitions, earn rewards, and possess true ownership of in-game assets. The integration of blockchain principles such as decentralization, transparency, and security underpins the core operations of Chain Games. By leveraging blockchain’s capabilities, Chain Games aims to revolutionize game playing, sharing, and monetization. Features such as smart contracts and decentralized finance (DeFi) components establish a fair and transparent gaming environment.

Features of Chain Games

Chain Games specializes in the creation of blockchain-based games, where in-game assets are tokenized as non-fungible tokens (NFTs). This tokenization enables players to genuinely own their in-game items, characters, or assets, which can be traded or sold within the Chain Games ecosystem or on various NFT marketplaces. The platform uses cryptocurrency for in-game transactions and rewards, allowing players to earn cryptocurrency through competitive play or achievements. Key features include:

• Skill-Based Gaming: Players are rewarded for their in-game skills. They can practice and improve their skills before competing with others.
• Provably Fair Gameplay: Blockchain ensures game fairness, preventing cheating and manipulation by making transactions transparent and permanent.
• Blockchain Facilitated & Decentralized: Utilizes blockchain for transparent, verifiable, and secure transactions, including betting transactions, game outcomes, and player statistics.
• In-Game NFTs: Players can own and trade NFTs, using them as characters, weapons, accessories, and more within games.
• Tournaments & Competitions: Players can join tournaments and competitions to compete for the top spot.
• Play to Earn: Players are rewarded with Chain Tokens for winning games and tournaments.

Why Chain Games?

Play to Earn

The Chain Games ecosystem revolves around the CHAIN token, integrated with Polygon SuperNets. CHAIN tokens are used as an in-game currency, enabling players to enter lobbies and enrich their gameplay. Beyond serving as a currency, CHAIN tokens allow holders to stake their assets for network validation and governance. The SuperNets integration enhances security, scalability, and overall user experience by creating a seamless token economy that rewards player engagement and contribution.

Developer SDKs

Chain Games employs a multi-layered methodology to create an inclusive tooling ecosystem for skill-based gaming. This begins with a comprehensive needs assessment to identify developers’ challenges, informing the framework’s modular design. This design simplifies complex functionalities like blockchain interactions and game mechanics. Detailed documentation and tutorials provide further guidance, while a dedicated community space facilitates peer-to-peer support. Feedback loops are integrated for iterative improvement, ensuring the ecosystem remains adaptive and user-focused.

CHAIN Token Details

• Utility within Games CHAIN tokens are primarily used as an in-game currency within the Chain Games platform. Players use these tokens to enter games and competitions, purchase in-game items such as NFTs, upgrades, and other virtual assets that enhance their gaming experience.
• Staking & Governance CHAIN token holders can stake their tokens and participate in the platform’s governance. By staking CHAIN, users help secure the network, validate transactions, and prevent attacks. Additionally, stakers can propose and vote on protocol upgrades, changes, and improvements to the Chain Games ecosystem.
• Rewards & Incentives Chain Games incentivizes users through various reward mechanisms. Players can earn additional CHAIN tokens by participating in game tournaments, completing achievements, or reaching specific milestones. These rewards encourage active participation and can unlock exclusive features or access special events.
• Cross-Game Compatibility CHAIN tokens offer cross-game compatibility, allowing players to use their earned tokens across multiple games within the Chain Games platform. This interoperability provides a seamless experience, enabling players to use their tokens and achievements across various games without the need for separate currencies or accounts.
• Marketplace & Trading CHAIN tokens are tradable on cryptocurrency exchanges, enabling users to buy, sell, and trade their tokens. This marketplace allows users to convert their tokens into other cryptocurrencies or fiat currencies if desired.

Team Background

Chain Games has assembled an executive and advisory team with extensive experience in the gaming, blockchain, and enterprise sectors. Team members have backgrounds with notable companies including Take Two Interactive, Sony, Microsoft, PopCap Games, Lucas Arts, Atari, Intel, GoDaddy, TrustSwap, Decentraweb, and Bad Crypto Podcast.

• David Rosenbaum: President
• Adam Barlam: CTO & Founder
• Arman Mouhibian: Chief Financial Officer
• Peter Gleason: Minority Shareholder
• Julie Globus: Legal Counsel
• Fred Chesnais: Advisor
• Josh Loveridge: Advisor
• Kyle Simpson: Advisor

Other Play-To-Earn Projects

Other play-to-earn projects similar to Chain Games: Zentry, Vulcan Forged, GuildFi, Gods Unchained, Clash of Lilliput, DeapCoin, Taki Games...

Project Development

Chain Games has announced the launch of its new app-specific blockchain, built using Polygon Supernets technology, after over nine months of development. The Chain Games 2.0 network, known as the Chain Games AppChain Supernet Blockchain, offers a customizable blockspace and blockchain experience. This includes tailored transaction costs, data storage, and traffic flows, all fully compatible with existing Ethereum and Polygon PoS blockchains.

The dedicated app-chain ensures high throughput, a better user experience, lower gas costs, and faster block times and confirmations. The native CHAIN token serves as the gas token, providing a predictable fee structure, and adding utility by rewarding validator nodes and users who delegate their tokens. EIP-1559 is enabled, allowing for the burning of CHAIN tokens during transactions.

Chain Games Price Analysis

As of November 25 2024 Chain Games has a marketcap of $5.6M. This is {{percentagefromath}} from its all time high of $1.03. In terms of its tokenomics, there's a total supply of 493M with 77% currently outstanding. Keep in mind Chain Games has a fully diluted value of $7.2M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.