Cardano Meme Coin SNEK Reveals Revolutionary Gaming Breakthrough
SNEK, a popular meme coin based on the Cardano blockchain, has made waves with its latest gaming innovation. This exciting development comes just two months after the launch of SNEK’s branded energy drink.
In a recent announcement on Twitter, Snek unveiled its live snake game, created in collaboration with Paima, Vacuum Labs, and Anvil. Inspired by the classic snake game on Nokia phones, this game marks the first play-to-earn experience within the SNEK ecosystem.
The game is currently available on desktop, but there are plans to launch a mobile version in 2024. To celebrate the game’s debut, SNEK is adding 69 ADA to the prize pool every day until February 1st.
The use of wrapped smart contracts in SNEK’s gaming breakthrough highlights the potential of the Cardano blockchain in the gaming and entertainment industry.
SNEK’s price has experienced a significant surge in recent months, reaching an all-time high of $0.002246 on December 16th, 2023. At the time of writing, the SNEK token was trading at $0.001271, showing a remarkable 319% increase in the past 30 days.
Looking ahead, Cardano is set to achieve substantial advancements in 2024. The blockchain ecosystem is rapidly expanding, with decentralized applications for DeFi, NFTs, and various services utilizing tokens for value exchange.
Furthermore, Sebastien Guillemot, co-founder of Paima Studios, hinted at upcoming dApps leveraging Cardano and Arbitrum, which are scheduled to launch in mid-January.
Paima Engine offers the capability to convert deterministic state machines into Layer 2 solutions that can connect with multiple chains. For example, a game could be run on Arbitrum while users retain ownership of their NFTs on Cardano.
Cardano’s roadmap for 2024 includes the implementation of the Chang hard fork, initiating the bootstrapping period for the Cardano governance model. The blockchain will also take significant steps towards achieving full community governance.
Exciting times lie ahead for SNEK and the Cardano ecosystem as they continue to pioneer innovation in the crypto space and reshape the landscape of gaming and blockchain technology.