Let us first understand what precisely Market Capitalization refers to. Market capitalization, often known as market cap, is the market value of all outstanding shares of a publicly listed establishment. The share price burgeoned by the number of shares due to matches market capitalization. Because outstanding stock is purchased and sold in public markets, capitalization can be used to gauge public opinion of a company’s net worth and is a consideration in various kinds of stock valuation.
Classification of Companies by Market Capitalization
Companies were formerly classified as large-cap, mid-cap, or small-cap. The phrases mega-cap and micro-cap have become commonplace, and the term Nano-cap is occasionally encountered. Different indexes utilize different numbers; there is no official definition of the exact cutoff values or complete general agreement. The cutoffs might be expressed as percentiles rather than in monetary terms.
Because of inflation, population change, and overall market valuation (for example, $1 billion was a huge market cap in 1950, but it is not very large now), definitions defined in nominal dollars must be updated over decades, and market caps are likely to differ by country. In recent years, “market capitalization” has also been applied to cryptocurrencies. This differs from the more familiar word, money supply, which refers to the total volume of a fiat currency.
1. Decentraland-MANA
LAND
A non-fungible token that is also known as (NFT) designed to define ownership of cardinal real estate parcels of land.
MANA
Is a cryptocurrency that may be used to buy LAND and virtual products and services in Decentraland.
Alterations to the Decentraland software are implemented using a network of blockchain-based clever interactions, which permit partakers who possess MANA to choose on policy reviews, land sales, and new expansion subsidies. Bookmark Decentraland’s blog to stay up to speed on new releases and regular updates.
2. The Sandbox - design your own worlds
3. Axie Infinity – Monster breeding
4. Gala
5. WAX
6. Illuvium
7. The Yield Guild Games
8. WEMIX
9. RADIO CACA
10. UFO Gaming (UFO)
Conclusion
The NFT Games sector has a long way to go before competing in the mainstream gaming market. At first sight, many of the games on the play-to-earn list do not stick out much from the sea of mobile games. However, Axie Infinity has demonstrated that NFTs have a role in the gaming industry. The existence of highly similar collecting and breeding games should be no surprise. It is undeniably a market that needs to expand and mature.