SNEK, the well-known Cardano meme coin, introduces a groundbreaking development in gaming, just two months following the launch of its exclusive energy drink. In a recent tweet, SNEK declared the launch of its live snake game, a collaborative effort with Paima, Vacuum Labs, and Anvil. Inspired by the iconic snake game from Nokia phones, this marks the inaugural play-to-earn game within the SNEK ecosystem.
As per the Snek team, the game is presently accessible only on desktop, with a potential mobile version slated for a 2024 launch. In celebration of the game’s debut, Snek has announced the addition of 69 ADA to the daily prize pool until February 1.
The gaming breakthrough by Snek, utilizing wrapped smart contracts, is significant as it showcases the Cardano blockchain’s potential in the realm of gaming and entertainment.
SNEK’s value has experienced a substantial surge in recent months, propelled by positive developments, surging to an all-time high of $0.002246 on December 16, 2023. At the time of writing, the SNEK token was trading at $0.001271, reflecting a remarkable 319% increase over the past 30 days.
The year 2024 is poised to bring substantial progress to the Cardano blockchain.
Cardano represents a rapidly expanding ecosystem of decentralized applications catering to various sectors like DeFi and NFTs, employing tokens for the exchange of value in service transactions.
In a parallel development, Sebastien Guillemot, co-founder of Paima Studios, has teased the introduction of new decentralized applications (dApps) set to utilize both Cardano and Arbitrum, with a slated launch in mid-January.
Paima Engine plays a crucial role by transforming deterministic state machines into Layer 2 solutions compatible with multiple chains, including Cardano and Arbitrum. This flexibility allows applications to run on Arbitrum while still enabling users to retain ownership of their NFTs on the Cardano blockchain if they choose.
On the horizon, the Chang hard fork is anticipated to kick off the bootstrapping period for Cardano’s governance model in 2024. Furthermore, Cardano is set to take significant strides in achieving full community governance throughout the year.