Arenum is an eSports project running on the Solana blockchain that aims to transform the mobile gaming industry with the power of blockchain technology and cryptocurrency. It calls itself the first DeFi platform for mobile gaming tournaments, offering a feature-rich and incentivized ecosystem for mobile gamers and developers.
The Arenum metasystem incorporates the metaverse with the lucrative potential of non-fungible tokens (NFTs) to offer developers and gamers alike competitive Play-to-Earn (P2E) opportunities. Having been around since 2018, Arenum enables traditional game devs a way to generate incentives and offers a Web3-powered, decentralized and global matching engine for eSports.
The NFT metaverse of Arenum offers several P2E opportunities through Player-vs-Player (PvP) modes and eSports, using its tokenized ecosystem to reward gamers, developers, and influencers that make up the platform’s community. Players can compete against one another to unlock new and more valuable NFTs, and earn crypto within the game and the overall economy of the Arenum ecosystem.
$ARNM is the native token of the Arenum ecosystem and is used for gameplay and purchasing NFTs on the platform. It can also be staked to level up and participate in higher-tier tournaments, providing rewarding incentives.