Top US Crypto Exchange Coinbase Rolls Out Support for New Native Token of Pirate-Themed RPG Built on Ethereum
Coinbase, the leading US crypto exchange, has launched support for the new PIRATE, a utility and staking token for Pirate Nation, a pirate-themed role-playing game built on the Ethereum blockchain.
The Ethereum (ETH)-based token went live on Wednesday and surged nearly 90% within its first 24 hours. Coinbase introduced support for PIRATE under its "Experimental Label," indicating a higher risk and lower liquidity for the token. Additionally, the Cayman Islands-based Gate.io and the Philippines-based Coins.ph have also begun offering trading services for PIRATE.
| Feature | Description |
|—————|———————————————————————|
| Platform | Ethereum blockchain |
| Token | PIRATE utility and staking token |
| Exchanges | Coinbase, Gate.io, Coins.ph |
| Game | Pirate Nation – pirate-themed role-playing game |
Pirate Nation allows players to assemble crews, build ships, explore islands, search for treasure, and battle creatures within a fully on-chain gaming ecosystem. This innovative project operates on the Apex chain, developed by the gaming studio Proof of Play. A newly published "litepaper" highlights the game's intricate design and robust transaction activity.
The litepaper notes:
"At the time of publishing this litepaper, the game consists of over 300 smart contracts, all game logic lives on chain, and our current player base generates over 1 million transactions through in-game actions on Proof of Play’s Apex chain every day. Throughout much of Pirate Nation’s first Season, Apex has ranked within the top 3 EVM (Ethereum Virtual Machine) based L2’s/rollups for transactions per second (TPS) and gas per second (MGas/s)."
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[Source: The Daily Hodl (link)]
