Layer-1 blockchain MultiversX (EGLD) is dominating the crypto gaming sector in terms of development activity, according to analytics firm Santiment.
Santiment notes that MultiversX, formerly known as Elrond, has recorded 228.73 notable GitHub events in the past 30 days.
Ethereum (ETH)-based virtual reality platform Decentraland (MANA) came in second, with 195.03 events.
Nine Chronicles Gold (WNCG), the ERC-20 version of NCG, came in third, with a score of 110.37. NCG is the in-game currency for Nine Chronicles, a fully open-source, serverless online role-playing game (RPG).
Santiment notes that it does not count routine updates and uses a “better methodology” to collect data for GitHub events based on a “backtested process.”
The analyst firm has previously stated that intense development activity centered around a cryptocurrency project is a positive indication that could mean that developers believe the protocol will be a success. It also indicates that the project is less likely to be an exit scam.
MultiversX is a distributed and decentralized blockchain network based on proof of stake, which relies on more than 3,000 nodes. The project aims to help developers build next-generation applications.
The project’s native token, EGLD, is trading at $30.48 at the time of writing. The crypto asset ranked 91st by market cap is up nearly 3% in the last 24 hours.
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