Splinterlands: Fastest-Growing Private Companies in America 2023

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Splinterlands Ranks 250 Position in Inc 5000 2023 List

Splinterlands ranked at the number 250 spot in the elite list of Inc 5000 2023 List of Fastest-Growing Private Companies in America. The innovative trading card game that provides players full ownership of their game assets utilizing Web3 technology powered by the Hive blockchain has dominated the NFT gaming industry worldwide.

The inclusion of Splinterlands in the elite list of Inc 5000 companies only proved that the company is indeed making waves in the United States a few years after it was founded by friends Matt Rosen and Jess ‘Aggroed’ Reich in 2018.

According to Inc 5000 on their website, the companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. Splinterlands was described by Inc. 5000 as a gamefi platform with the most extensive daily active player base of any blockchain game worldwide.

Image Source Splinterlands ranks 250 in Inc. 5000

To qualify for the Inc. 5000 list, companies must have been founded and generate revenue by March 31, 2019.

The company on the elite list must be a U.S.-based, privately held, for-profit, independent, and not a subsidiary or division of other companies as of December 31, 2022.

Some of the most prominent companies in the list of Inc. 5000 may have gone public or been acquired by more major companies.

Inc. 5000 also noted that the minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million.

Image source Splinterlands, Ranks at 250 Fastest-Growing Private Companies in the U.S.

Splinterlands History

In 2018, Matt Rosen and Jesse “Aggroed” Reich co-founded Splinterlands, which has since achieved impressive growth. The company now boasts more than 2.4 million users, 1 million active wallets, 3-5 million daily blockchain transactions, and over 3 billion battles played.

Splinterlands is a fantasy-themed battle game that leverages blockchain technology to offer unique gaming experiences.

Players can own, hold, and trade in-game assets, all while earning tangible rewards. Embracing the principles of Web 3.0, Splinterlands has recently ventured into exploring the possibilities of interoperability inherent in blockchain technology with its release of the Tower Defense series.

The company’s original game continues to expand, and it has been forming partnerships with major players in the industry, demonstrating its ambition to establish a presence in the mainstream gaming sector.

The founders of Splinterlands created this game to deliver a unique gaming experience that harnesses the advantages of blockchain technology. They recognized that traditional games often need more transparency, fairness, and ownership, leading to frustrating and unsatisfactory gameplay experiences.

By building Splinterlands on the Hive blockchain, the founders have successfully addressed these issues, offering transparency, fairness, and a fraud-free environment in gameplay. Moreover, incorporating cryptocurrency rewards adds an extra layer of excitement and motivation, providing players with real-world incentives for their gaming efforts.

Splinterlands Milestones

Splinterlands play-to-earn blockchain game on Hive hit an impressive milestone last October 2022; the company sold over 10 million packs from their Chaos of Legend series.

The card pack series originally went on general sale in January 2022; it was the third major card expansion introduced to the Splinterlands game since its inception in 2018.

Splinterlands ranked as the number one blockchain game globally, according to DAppRadar.

The Hive blockchain game had an impressive USD 5.4M value of in-game items, 155,153 30-day volumes of card sales, and USD 71,955 30-day value of card sales, according to the data presented by Splinterlands.

Disclaimer: PhilNews.xyz articles and their external content are not financial advice but are only used for educational purposes. Always Do Your Own Research (DYOR) first. The team serves to deliver unbiased news with less intrusive ads.

Ed Umbao

Founder of PhilNews.xyz | co-Founder of PhilNews.ph

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