In this video, I take a look at how Splinterlands compares to other well known web3 games from a market cap perspective. This has been a brutal bear market for alts and gaming as they didn't really participate in the Bitcoin run up during 2024 and 2025. We may be seeing things start to turn around for Splinterlands now due to the resilience of the team and community, and so I wanted to see how we stacked up against other projects in the space at this point in time. To my surprise, many other game tokens have fallen dramatically in market and are much closer to Splinterlands now which makes me believe we were always closer to the true value than other inflated projects mostly based on hype/marketing. There are still a couple like Axie Inifinity though that are almost 20x our market cap (fully diluted) and if the tokenomics continue to improve the way they have it could be something to watch.
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