Pancakeswap has called on developers and gamers to participate in its captivating Pancakeswap Gaming Marketplace, released on 15th Nov, 2023. According to the announcement, the PancakeSwap Gaming Marketplace will cater to GameFi developers by providing a platform to directly and effortlessly build their projects and get exposure to a vibrant community.
Following this launch, CAKE’s price edged about 32 percent in the past two days to trade around $2.68 on Thursday during the early Asian session. CAKE had already gained about 132 percent in the past month, thus securing a solid breakout from the bear market falling trendline.
Additionally, the gaming marketplace features two published games; Pancakeswap will feature its flagship game, “Pancake Protectors.” Developed in partnership with Mobox in May 2023, Pancake Protectors was a game that attracted more than 25,000 players in a single day. And Binary X’s “Pancake Mayor” game, a casual city-building game.
This big launch has been described as a move to broaden the web3 space. The projects available in the marketplace can help crypto newbies learn about web3 platforms and digital assets on blockchain technology. As part of the gradual initiative, the PancakeSwap Gaming Marketplace has two projects with room for more developers to launch their concepts.
“We’re excited to unveil our newest and most captivating venture – the PancakeSwap Gaming Marketplace! This is far more than just another feature; it’s a significant leap into the exhilarating domain of blockchain gaming, fueled by our community’s enthusiasm and the boundless potential of GameFi,” Pancakswap announced.
Even with the success of ‘Pancakeswap Protectors’ and the potential of its neighbor ‘Pancake Mayor’ (some of which is introducing high-quality games to web3 and Metaverse), Pancakeswap developers still make promises of various platforms to enhance gaming and GameFi.
Coinspeaker reported that the successful launch of PancakeSwap Gaming Marketplace is expected to boost the $1 billion valued CAKE network significantly. As of this report, the PancakeSwap platform had about $1.49 billion in total value locked (TVL).
