Does this seem like a major trend lately? Almost every week I hear about a new project starting up to meet a need in online gaming.
It seems to me that this industry is ripe for disruption by the cryptocurrency revolution, and the demographic consists heavily of early-adopter types, making this an even more attractive investment opportunity. My research has led me to a couple of projects that stand out from the rest.
Enjin Coin
www.enjincoin.ioMindsports
www.mindsports.ioWAX
https://www.waxtoken.com/All of these seem to have pretty solid teams and pretty good ideas.
There is a ton of money in social games, so a solid platform for monetization with cryptocurrency seems brilliant.
MindSports.IO should do pretty well with the variety of games it offers. The intellectual gaming community really could use a platform to play all these game in one place. Also, incentivizing user-generated content would be a great way to build up the community.
WAX fills a desperately needed hole in the virtual property space. Gamers spend huge amounts of money buying virtual game items. This takes a lot of the risks and hassles out of that process and opens up opportunities for a lot of gamers who just can't participate right now. WAX has a great team and is built around a very well established, existing business.
Anyway its just a quick overview of my research, and I'd love to hear thoughts from others on this. I'd love to identify a few of the best projects in the online gaming industry to invest in.
