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LBank establishes dedicated GameFi fund to support sector development

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Internet City, Dubai, 22nd Dec 2021, ZEXPRWIRE, GameFi is a hybrid of blockchain gaming and DeFi, changing the gaming industry with “play-to-earn” models that differ from traditional “pay-to-win” models. Recognizing the potential of this field, LBank is paving way for GameFi projects by dedicating funds to their development.

LBank is one of the leading cryptocurrency exchange platforms that focuses on start-up cryptocurrency projects. Following the trend of DeFi and NFT, LBank is now expanding its business model to the GameFi community. The platform has established a dedicated GameFi fund in order to support early-stage projects and expand their influence in the blockchain space. Many projects listed on LBank have already surged in popularity. Here a few notable gainers. 

GameFi Projects Listed On LBank

ATLAS

Star Atlas intends to provide a multi-genre, immersive metaverse gaming experience that blends a cinematic gaming experience with the potential to earn virtual goods that can be transferred for real-world currency. It operates on the Solana blockchain. Moreover, at the time of launch ATLAS was trading at  $0.078, while after the launch its highest rise was 1,282,000%.

Learn more: https://staratlas.com/

ETERNAL

CryptoMines is a SciFi play-to-earn NFT game that allows players to acquire Workers and Spaceships in order to travel through the universe in pursuit of $ETERNAL. It operates on the Binance Smart Chain. Additionally, it was trading for $40 at the time of launch in LBank and after that, it acquired the highest gain of 12,400%.

Learn more: https://cryptomines.app/

ILV

The ILV token is the primary currency in the Illuvium ecosystem, and it is used to reward players for their achievements in the game. It is utilized to participate in the governance of the game via the Illuvium decentralized autonomous organization and entitles players to their portion of the Illuvium Vault (DAO). It is another popular token which was listed in LBank on March, 20. At the time of launch, it was trading around $15 and following that it has the highest gain of 9900%.

Learn more: https://www.illuvium.io/

AXS

Axie Infinity is a blockchain-based trade and battle game in which participants own and run a portion of the company. It is a fighting game inspired by Pokémon in which users can breed and train their Axies to fight against other players. Moreover, AXS is the first popular coin which  initiated with the hype in gaming assets. At the time of launch, it was trading for $2 and then achieved a highest gain of 8300%.

Learn more: https://axieinfinity.com/

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 210 countries around the world.

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Contact Details:

LBK Blockchain Co. Limited

LBank Exchange

[email protected]

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