SNEK, the Cardano-based meme coin, recently launched a unique gaming innovation. This development emerges just two months post the introduction of their branded energy drink. SNEK's latest venture is a snake game, reminiscent of the classic game on Nokia phones, now live for users. The game represents a collaborative effort, developed in partnership with Paima, Vacuum Labs, and Anvil.
Currently, the game is accessible only on desktop platforms. However, plans are afoot for a mobile version expected in 2024. To mark this launch, SNEK has committed to adding 69 ADA daily to the game's prize pool until February 1st. This gaming innovation, utilizing wrapped smart contracts, is significant. It underscores the versatility of the Cardano blockchain in gaming and entertainment spheres.
The launch of this game has coincided with a notable surge in SNEK's market value. The token reached an unprecedented peak of $0.002246 on December 16, 2023. At the time of writing, it stands at $0.001271, marking a 319% rise over the last month.
Cardano's ecosystem is poised for major strides in 2024. It is a burgeoning hub for decentralized applications (dApps) across diverse domains like DeFi and NFTs. Sebastien Guillemot, the co-founder of Paima Studios, has hinted at forthcoming dApps. These are expected to leverage both Cardano and Arbitrum technologies, with launches targeted for mid-January.
The Paima Engine is an innovative technology. It transforms deterministic state machines into L2 solutions, facilitating multi-chain connectivity. This innovation enables running games on platforms like Arbitrum while maintaining NFT ownership on Cardano. In addition to these developments, the Chang hard fork is slated for 2024. It marks a significant step in Cardano's journey towards complete community governance.