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Top 10 MMORPG GameFi Projects by Market Capitalization

6 September, 2022

🔥 In recent years, MMORPG games have thrived to become one of the most played gaming modes in both traditional and blockchain-based gaming sectors. This gaming mode also has attracted a significant user-base. 

 🔥 MMORPG stands for Massively Multiplayer Online Role-Playing Games – these games were designed for a fully immersive gaming experience and offer environments where gamers are determined to become absolutely anything. An MMORPG game is a video game that combines aspects of a role-playing video game and a massively multiplayer online game. As in role-playing games, the player assumes the role of a character and takes control over many of that character’s actions.

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 As the MMORPG game mode has soared to become one of the most popular gaming modes in GameFi, multiple outstanding MMORPG GameFi projects have been released, received a significant reputation among the GameFi industry, as well as experienced a sharp increase in user-base. Below are the top 10 MMORPG GameFi projects in the blockchain-based gaming industry.

 💎 VICTORIA VR

 At the number one spot, we have Victoria VR – the first Blockchain-based MMORPG in Virtual Reality with Realistic Graphics built and owned by its users. The whole world is built to be a universal platform for all virtual realities, games, and decentralized applications, collectively creating a Metaverse – a shared virtual realm, the 3D internet.

 💎 CORNUCOPIAS ‘THE ISLAND’

 In the second place, we have Cornucopias ‘The Island’ with more than $7,3M in market cap. Cornucopias ‘The Island’ is a massive Play-To-Earn, Build-To-Earn, and Learn-To-Earn blockchain-based game where players can be rewarded with and/or own land, properties, and other NFT-based assets with real-world value all by playing games in a fun and safe Metaverse.

 💎 SIDUS HEROES 

 Sitting in third place, Sidus Heroes is the ideal gaming project that is deemed the representative of what GameFi should be. Sidus Heroes is the first-ever AAA play-to-earn (P2E) MMORPG built on Ethereum developed with a combination of traditional and blockchain-based games technologies. This project bridges the gap between web2 and web3 gaming. 

💫 Outside of the top 3, we have other two Space Game GameFi projects that are also deemed highly potential with a strong user base and exciting gameplay, which are Celestial and Outer Ring with a market cap of over $5.1M and $2.1M respectively. On the other hand, other game projects of mixed genres (e.g. Battle Royale, Shooting, Fighting, and Sci-Fi) such as Decimated, Gaia Everworld, Singularity, and 9D NFT also have received significant attention from the GameFi enthusiasts in the market. Despite the previously mentioned game titles having a significantly lower market cap than those in the top 3, these projects have earned themselves a strong user base, and high reputation and possess a fairly vibrant in-game economy, as well as received love from the gamer community.

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