By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: Can “Dookey Dash” Revive GameFi?
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Crypto > Blockchain > Can “Dookey Dash” Revive GameFi?
2023

Can “Dookey Dash” Revive GameFi?

John Heffernan
Last updated: February 3, 2023 3:59 am
John Heffernan
Share
4 Min Read
download 1
SHARE

Personally, I wouldn’t put money on a web-based mini-game called ‘Dookey Dash’ reviving much of anything, let alone an entire sub-section of a tiny crypto area. This month, though, Yuga Labs’ first attempt at a ‘ape ingrained’ mini-game has made headlines. While the very basic game isn’t reinventing the wheel, it is sparking debate and conversation at what may be an advantageous time in the crypto world.

Contents
So…What is GameFi anyways?Yuga Labs & the “Dookey Dash”

If the timing is right and bull market conditions return, might Yuga’s Dookey Dash mini-game be seen as the tip?

So…What is GameFi anyways?

If there is one issue that has been pushed all the way back into the ether during the bad market, it is GameFi. It was one of the biggest subjects of debate within the crypto and NFT groups in early 2022, before the bear market winds changed. Many people thought GameFi was the “next big thing,” and titles like Axie Infinity were gaining traction.

Axie Infinity is based on Sky Mavis’ Ronin Network, an Ethereum-linked sidechain. “Axie Infinity Shards/Token,” or AXS for short, is the game’s official cryptocurrency. SLP, the game’s secondary token, plummeted in February 2022 as part of a larger NFT and cryptocurrency crash, dropping more than 99% of its peak value.

By the end of the first quarter, the market had lost steam, and the rest of the year did nothing to help crypto participants. Meanwhile NFT business groing exponentially, GameFi was successfully segregated.

Could bull market conditions be on the horizon for cryptocurrency? If this is the case, GameFi may be in a good position to build on the momentum it gained just a year ago.

Yuga Labs & the “Dookey Dash”

Yuga Labs has long voiced a desire to create a larger metaverse with gamified aspects, leveraging assets such as Bored Apes and Mutant Apes. Enter Donkey Dash, the first iteration of these attempts. The title is a simple web-based mini-game that allows Ape and Mutant owners to use their NFT to try to get a high score. The winner is thought to receive a one-of-a-kind Ape.

Former esports pros and content makers competing to win have contributed to the excitement. Look no farther than Mongraal, a former Fortnite legend who has won the game on at least two occasions.

Mongraal has roughly a million dollars in official Fortnite earnings and was a fixture in the game’s most competitive zone. Mongraal has averaged approximately 8,500 viewers on Twitch in recent months, and now he stands to possibly earn more money from a mini-game than he did from years of grinding Fortnite.

More important, perhaps, is Mongraal’s involvement in promoting Dookey Dash to more mainstream gamers, a core pillar of GameFi development that has yet to be seen.

https://twitter.com/Mongraal/status/1620546384863830018?s=20

To speak to and learn more from a professional on Cryptocurrency, contact KXCO.IO.

More News

ImmutableX Passport -Gaming Onboard Web3

What’s Hot: Gaming, Web3, NFTs, AI and Crypto

Metaverse Tokens See Gains Up To 150% In 2023

You Might Also Like

125 Public Companies Now Hold Bitcoin

Ferrari Hypersail

Banking Apocalypse, Bitcoin’s Just the Beginning

Bitcoin at ATH, What Next?

Tokenization and the Future of Financial Markets

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By John Heffernan
Follow:
John Heffernan is a BSc Economist with Honors. Currently working as an Analyst at KXCO, and has contributed on equities and Crypto at Live Trading News.
Previous Article photo 2022 10 20 11 32 25 Top Online Trading Platforms in February 2023
Next Article singularitynet partners with ping an altcoin buzz 75 opt AI Crypto Takes Lead With 293% Gains
Buy Bitcoin

Buy Bitcoin

Latest News

Saint Francis of Assisi in Ecstasy Caravaggio c.1595
St. Francis: The Deeds You Do Today
Catholic Featured Headline News Lifestyle Lifestyles of the RIch and Famous Living Luxury Opinion Politics Shayne Heffernan July 11, 2025
photo 2025 03 03 07 22 06
InfoFi: The Latest Abomination in Crypto
Crypto Featured Headline News Shayne Heffernan on Investments July 10, 2025
czi0oawj8y561
Asia’s Growth Resilience Amid U.S. Tariffs
America Asia Asia Business Featured Headline News KXCO Politics USD July 10, 2025
trump comp 835dbf
What We Know Exists in the Epstein Files
America Headline News Opinion Politics Shayne Heffernan July 8, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?