6.1 Market Analysis
Legends of Elysium will be part of the Play-And-Earn blockchain ecosystem of projects, leading the change of the emerging trend that focuses on the aspect of entertainment and high quality gaming, becoming one of the first Play-And-Earn projects in the space.
LOE market advantage is a unique approach to eSports events adding additional strategy elements to gameplay. Allowing all players to compete in online eSports events will be a driver of the success in the project adding popularity as well as marketing opportunity for participating partners.
The web3 gaming sector market cap in December 2021 is approximately $29.2 Billion. And it has grown in 2021 several times alone.
Below we can see the top P2E projects by their Market Cap. LOE will have an initial Market Cap of $475,000 without liquidity, and $825,000 Market Cap including liquidity at listing. The potential for growth of Legends of Elysium in the relatively fresh blockchain gaming market is enormous.