The Top 2 Projects in Avax That We Are Monitoring

In the Altcoin Buzz research area, we are looking for new gems with good fundamentals and a low marketcap.

If you want to see more analysis like this one, you can subscribe to Altcoin Buzz Alpha. Now, let’s explore these are two very interesting Avalanche projects:

1) Beam

Beam is a pioneering blockchain platform with a vision to revolutionize the gaming industry by embracing a chain-agnostic approach. Initially launched as a subnet on Avalanche, Beam has expanded its horizons to include the Immutable zkEVM, collaborating closely with industry leaders like Immutable and Polygon Labs.

At its core, Beam offers Sphere, a comprehensive marketplace tailored for gamers, facilitating seamless trade and interaction with in-game assets. Beam simplifies game development and empowers gamers with true digital ownership. Here are some important related info:

Sector: Gaming Infrastructure

Coingecko: https://www.coingecko.com/en/coins/beam-2

Twitter: https://twitter.com/BuildOnBeam

Marketcap: $945M

Listed: Binance

More About Beam

Here are the key features:

  • Chain-Agnostic: Beam, which is part of the Avalanche Subnet, is expanding to a multi-chain approach, including the Immutable zkEVM.
  • Collaboration with Immutable and Polygon Labs: Beam’s marketplace, Sphere, will play a crucial role in both the Immutable and Polygon ecosystems.
  • Sphere – The Eternal Marketplace: Sphere will integrate parts of the Beam SDK into the Immutable and Polygon ecosystems, leveraging the Immutable zkEVM and powered by Polygon for instant settlements and minimal fees.
  • Game Asset Tokenization: The marketplace aims to become a hub for in-game assets across various games, offering detailed information and trade capabilities.
  • Enhancements to Beam Product Suite:
    • Sphere: Integrates with the Immutable zkEVM protocol’s Orderbook.
    • Account Abstraction: Allows gamers to switch easily between games with a united profile.
    • Companion App: Manages game assets and integrates with the Immutable Passport.

2) Shrapnel

Shrapnel is a AAA first-person shooter game built on Unreal Engine 5.

  • Futuristic Setting: The game is set in the year 2044 with an engaging post-apocalyptic theme. Science Fiction cyberpunk games do well generally.
  • Immersive Gameplay: intense PvP environment with strategic playstyles.
  • NFT: Allows for in-game content creation and ownership.
  • Diverse Matchmaking Options: NFT and non-NFT players can play the game.

You can follow its Twitter. It was included in Alpha List: High FDV – around $900M.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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