About Entertainment and leisure Index
Top 5 Crypto Players in The Entertainment and Leisure Industry
Blockchain, the technology behind cryptocurrencies, has a wide usage in various industries. Developed as a Distributed Ledger Technology (DLT), it allows the creation of decentralized systems and the elimination of third parties. Thus, the blockchain lower the cost and democratize work activities.
The entertainment and leisure industry is one of the leading players in the decentralization and democratization efforts because of the artist`s desire for more incentives to their work. The industry includes various activities related to people`s free time such as the gaming and VR, gambling and betting, social networking channels, art and music, event and entertainment.
Although, the blockchain is not so widespread in the entertainment and leisure industry, it has the potential and capacity to bring huge changes.
The entertainment and leisure industry, a Category of COINdex, represents Top 5 players in this business field. The Crypto Coin Index uses the value of a single unit multiplied by the total supply currently in the economy, all that compared to the amount of circulating crypto coins. The higher the market capitalization of a coin, the better its place in the COINdex:
|Index Value||=||Σ Pi * Qi|
To assure the most accurate data, all major digital assets and their market performance have a direct influence on the indexation. COINdex also calculates liquidity against the trading volume per cryptocoin.
The COINdex Entertainment Category has several Sub Categories. All tokens and coins related to these sub industries are part of the Entertainment Category.
$ bn total cap
$ bn 24hr trading volume
% of all market cap