Altcoins: Arenum (ARN) - What Is It? - A Deeper Look Into the Arenum (ARN) Platform
Aa
Share
Summary:
- What is The Arenum Platform and how does it work?
- Advantages of the Arenum exchange.
- Arenum’s present and future price positions.
The Arenum Platform
Arenum (ARNM): What is it? The next development in the financial and technological framework for web-based gaming is Arenum.io. Arenum wants to become the blockchain version of the App Store by connecting game developers, players, and influencers by utilizing its robust SDKs. What makes Arenum so unique? Actually, it's simple.
They are known as moon factors.
- Moon factor #1, The tournament platform for casual games, Global Matching Engine: Arenum was designed from the ground up to compensate both game producers and players for their work. Players are rewarded for their participation in the games they play. We give users the chance to participate in their preferred games and win cryptocurrency.
- Moon factor #2, The Arenum platform provides a set of strong SDKs that allow developers of traditional video games to easily move their game infrastructure to the blockchain and enable Play-to-Earn features right away.
- Moon factor #3, Arenum is here to deliver and is production-ready. The beta version has more than 50k installs now in Turkey and Brazil, giving regular product upgrades and scalable product metrics.
Arenum team has already delivered a number of products since 2017: mobile video streaming services blockchain based on the tendermint on-demand high-load video services AI-based video analytics platform for Arenum Tournaments (since 2018). The Arenum team has 37 full-time professionals in total, several of them have backgrounds in blockchain and game development. Who is distinctive about Arenum? Arenum is a platform that provides gamers and game developers with the initial infrastructure they require. Platforms prosper with time. Arenum is above the hit-driven gaming business; by adhering to our own set of principles, we use profitable games to fuel the platform's expansion and revenue.
The platform is protected from "flash in the pan" or "one hit wonder" effects thanks to higher retention and the chance to employ cross-game exposure. Arenum maintains stability at a level above gaming by concentrating on utilizing trends to expand as a platform. Arenums wants to use casual PvP games to spread awareness of cryptocurrency.
Advantages of the Arenum network
- Arenum wants to give developers, players, and influencers more power by adding an eSports layer to the games that are already part of its network and using player vs. player (PvP) competitions to further motivate players and provide users with a decentralized way to interact with other users in the ecosystem.
- PvP tournaments may be quickly launched using the platforms' cutting-edge connection, which is a component of its tournaments engine, in addition to PvP as a service.
- The Arenum platform is an open creative network.
- League of Legends players are free to organize their own tournaments and manage them however they see fit. Players that compete with one another raise their earning radar, which opens up new, uncommon NFTs in the game economy. This is done to return power and control to the players.
Present and future prices of The Arenum network (ARN)
Over the past few months, the global markets have been facing strong investor risk-off sentiment in the wake of the geopolitical tensions, Covid-19 lockdowns in China and supply chain issues. The cryptocurrency market has followed the trends of the greater market during these times, therefore the price of most cryptocurrencies have been falling, ARN does fall under this category.
According to some analysts, the future price of The Arenum network (ARN) could reach up to $0.56 by 2025 and could see a price of more than $3.52 by 2030. However, it is important to remember that this future price prediction is based solely on data and does not take into account factors such as investor sentiment and the ever changing market conditions, both of which make it difficult to make accurate future price predictions.
ARN Price Chart
Sources: finance.yahoo.com, coinmarketcap.com, cryptotvplus.com, priceprediction.net
