SNEK, the well-known meme coin built on Cardano, has introduced its latest gaming achievement just two months after launching its branded energy drink. In a recent tweet, Snek revealed the live status of its snake game, a collaboration with Paima, Vacuum Labs, and Anvil, inspired by the classic Nokia snake game. This marks the inaugural play-to-earn game within the Snek ecosystem.
As per the Snek team, the game is currently accessible on desktops, with a potential mobile version slated for a 2024 release. To mark the game’s debut, Snek plans to contribute 69 ADA daily to the prize pool until Feb. 1.
The Snek gaming breakthrough, utilizing wrapped smart contracts, underscores Cardano’s blockchain potential in the gaming and entertainment realms.
SNEK has experienced a significant price surge lately, hitting an all-time high of $0.002246 on Dec. 16, 2023, propelled by positive developments. At the time of writing, the SNEK token was valued at $0.001271, marking a 319% increase in the past 30 days.
Cardano Blockchain Set to Experience Breakthrough in 2024
Cardano, a swiftly expanding ecosystem of decentralized applications spanning DeFi and NFTs, facilitates token-based exchanges for various services. Sebastien Guillemot, co-founder of Paima Studios, has hinted at upcoming dApps leveraging Cardano and Arbitrum, set to launch in mid-January. Paima Engine transforms deterministic state machines into L2s compatible with multiple chains, like Cardano and Arbitrum, allowing applications across platforms. This enables running a game on Arbitrum while users retain ownership of their NFTs on Cardano.
In terms of developments, the Chang hard fork, initiating the bootstrapping period for Cardano’s governance model, is slated for implementation in 2024. Cardano aims to take significant strides in 2024 towards achieving full community governance.
