Why the New Horizen Partnership Announcement is Such Huge News
Big news was released for crypto project Horizen ($ZEN) today, as they announced a partnership with Dot Arcade NFT Games.
At first glance, a low marketcap coin partnering with a game startup may not seem like much to talk about. However, there is a lot of potential with this project you should be aware of.
To start, mobile/social gaming is a very popular segment in the stock market. You’ve likely heard of big players such as Alphabet ($GOOGL), Activision Blizzard ($ATVI) or even Take-Two Interactive ($TTWO). But in the mobile gaming space, companies such as Zynga ($ZNGA) expected earnings growth rate in 2021 was more than 100% compared with the Zacks Gaming industry’s estimated earnings growth of 16.9%. In short, it is a booming market for companies of all sizes.
Secondly, the NFT/Metaverse space is expanding at a rapid pace. At the time of writing, Axie Infinity has hit 33rd in marketcap:
and The Sandbox has hit 39:
Both projects were blips this time last year. Horizen now has the same opportunity to see exponential growth because the team at Dot Arcade will be leveraging Horizen’s cutting-edge cross-chain protocol, Zendoo, to help form an expansive metaverse gaming economy similar to the two projects listed above.
The talent and expertise on the Dot Gaming team will leverage the benefits of Zendoo, in not one but TWO rapidly growing segments… Mobile Gaming and NFTs/Metaverse.
Partnerships such as this is what Horizen was built for. The talent and expertise on the Dot Gaming team will leverage the benefits of Zendoo, in not one but TWO rapidly growing segments… Mobile Gaming and NFTs/Metaverse.
For more information on Dot Arcade, Click Here.
For more Information on Horizen, Click Here.
Want more on $ZEN? Check out why we think it is a top coin for 2022 HERE.
Disclaimer: At the time of writing, the author does hold $ZEN, but no other stock or crypto mentioned in the article. This article is for informational and entertainment purposes only. It is not financial advice. Please work with your financial advisor and do your own due diligence.
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