Spider Tanks (SILK) Metrics
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Spider Tanks (SILK)
What is Spider Tanks?
Spider Tanks (SILK) is a blockchain-based multiplayer online battle arena (MOBA) game launched in 2022 by the team at Gamedia. It was created to provide an engaging gaming experience that incorporates play-to-earn mechanics, allowing players to earn rewards through gameplay. The project operates on the Ethereum blockchain, utilizing a decentralized framework that enables players to own, trade, and upgrade their in-game assets securely. Its native token, SILK, serves multiple purposes, including facilitating in-game transactions, staking, and governance, allowing players to have a say in the game's development and ecosystem. Spider Tanks stands out for its unique combination of competitive gameplay and blockchain technology, positioning it as a significant player in the growing sector of blockchain gaming. The game features customizable tanks and various battle arenas, enhancing player engagement and fostering a vibrant community around the play-to-earn model.
When and how did Spider Tanks start?
Spider Tanks originated in October 2021 when the development team at Gamedia released its whitepaper, outlining the project's vision and mechanics. The project is built on the Ethereum blockchain, leveraging its smart contract capabilities for gameplay and asset ownership. Following the whitepaper release, the Spider Tanks testnet was launched in December 2021, allowing users to experience the game mechanics and provide feedback prior to the mainnet launch. The mainnet for Spider Tanks was officially launched in March 2022, marking its transition to a fully operational platform where players could engage in battles and earn rewards. Early development focused on creating an engaging multiplayer experience and establishing a robust ecosystem for players and developers alike. The initial distribution of the Spider Tanks token occurred through a fair launch model, which aimed to ensure equitable access for participants and foster community involvement from the outset. These foundational steps set the stage for Spider Tanks's growth and integration into the broader gaming and blockchain landscape.
What’s coming up for Spider Tanks?
According to official updates, Spider Tanks is preparing for a significant expansion of its gameplay features, including the introduction of new tank models and enhanced customization options, targeted for Q1 2024. This update aims to improve user engagement and gameplay diversity. Additionally, the team is working on integrating new blockchain technologies to enhance transaction speeds and reduce costs, with a planned rollout in mid-2024. Further initiatives include a governance vote scheduled for Q2 2024, which will allow the community to influence future development directions. These milestones are designed to enhance the overall user experience and expand the game's ecosystem, with progress being tracked through their official channels.
What makes Spider Tanks stand out?
Spider Tanks distinguishes itself through its unique blend of blockchain technology and gaming mechanics, operating on the Ethereum network while utilizing a Layer 2 solution to enhance scalability and reduce transaction costs. This architecture allows for a seamless gaming experience, enabling players to engage in real-time battles without the latency often associated with on-chain transactions. The game features a decentralized governance model, empowering players to participate in decision-making processes regarding game mechanics and ecosystem developments. This community-driven approach fosters a sense of ownership and engagement among players. Additionally, Spider Tanks incorporates a play-to-earn model, allowing players to earn rewards through gameplay, which is a significant draw for the gaming community. The integration of NFTs for in-game assets further enhances the uniqueness of the ecosystem, providing players with true ownership of their items. Collaborations with various partners in the gaming and blockchain space bolster its ecosystem, offering tools and resources that enhance the overall user experience. These features collectively position Spider Tanks as a notable player in the intersection of gaming and blockchain technology.
What can you do with Spider Tanks?
Spider Tanks utilizes its native token to facilitate various activities within its ecosystem. Players can use the token for in-game transactions, such as purchasing and upgrading tanks, which enhances their gameplay experience. The token also serves as a medium for staking, allowing holders to lock their tokens to support network operations and potentially earn rewards. In addition to gameplay, the token may be used for governance purposes, enabling holders to participate in decision-making processes regarding game development and ecosystem changes. This fosters a community-driven environment where players can influence the direction of the game. Developers can leverage Spider Tanks for creating decentralized applications (dApps) and integrations, enhancing the overall ecosystem. The platform supports various wallets and marketplaces, allowing users to trade and manage their tokens seamlessly. Overall, Spider Tanks provides a multifaceted utility for players, holders, and developers, contributing to a vibrant gaming and blockchain experience.
Is Spider Tanks still active or relevant?
Spider Tanks remains active with ongoing developments and community engagement. As of October 2023, the project has seen recent updates, including new game features and enhancements aimed at improving user experience. The team has been actively communicating with its community through social media channels and official announcements, indicating a commitment to maintaining engagement and relevance. The project continues to attract players and developers alike, with a focus on expanding its ecosystem through partnerships and integrations within the broader gaming and blockchain sectors. Recent collaborations have enhanced its visibility and usability, further solidifying its position in the play-to-earn gaming space. Additionally, governance proposals are being discussed, showcasing active community involvement in decision-making processes. These indicators support Spider Tanks' continued relevance within the gaming and blockchain categories, demonstrating that it is not only active but also evolving to meet the needs of its user base.
Who is Spider Tanks designed for?
Spider Tanks is designed for gamers and blockchain enthusiasts, enabling them to engage in competitive gameplay while earning rewards. It provides a platform where players can participate in tank battles, customize their tanks, and strategize in team-based environments. The game incorporates elements of decentralized finance (DeFi) and non-fungible tokens (NFTs), allowing users to own, trade, and monetize their in-game assets. Secondary participants, such as developers and content creators, can contribute to the ecosystem by creating new game content, developing mods, or enhancing the gaming experience through community-driven initiatives. The project supports these users with tools and resources, including developer kits and APIs, to facilitate the integration of new features and functionalities. Overall, Spider Tanks aims to foster a vibrant community of players and creators, promoting engagement and innovation within the gaming and blockchain space.
How is Spider Tanks secured?
Spider Tanks utilizes a proof-of-stake (PoS) consensus mechanism, where validators confirm transactions and uphold the integrity of the network. This model allows participants to stake their tokens, which not only secures the network but also incentivizes them to act honestly. Validators are selected to propose and validate new blocks based on the amount of tokens they have staked, ensuring that those with a higher stake have a greater influence on the network's operations. The protocol employs advanced cryptographic techniques, such as elliptic curve digital signature algorithm (ECDSA), to ensure secure authentication and maintain data integrity across transactions. This cryptography safeguards against unauthorized access and tampering. Incentive alignment is achieved through staking rewards, which are distributed to validators for their contributions to the network. Additionally, a slashing mechanism is in place to penalize malicious behavior or failure to validate transactions correctly, thereby discouraging any actions that could compromise network security. The network is further fortified by regular audits and governance processes, ensuring robust oversight and resilience against potential vulnerabilities.
Has Spider Tanks faced any controversy or risks?
Spider Tanks has faced some risks primarily related to the technical aspects of its gameplay and the underlying blockchain infrastructure. In early 2023, the project experienced a security incident where vulnerabilities in smart contracts were identified, raising concerns about potential exploits. The development team promptly addressed these issues by implementing a series of patches and upgrades to enhance the security of the platform. Additionally, there have been community discussions regarding governance and the distribution of rewards within the game, which led to some disputes among players. The team responded by initiating community engagement sessions to gather feedback and make adjustments to the reward mechanisms, aiming to foster a more equitable environment. As with many blockchain projects, ongoing risks include market volatility, regulatory scrutiny, and technical challenges. To mitigate these risks, Spider Tanks has committed to regular audits, transparent communication with its community, and continuous development practices to ensure the platform remains secure and relevant.
Spider Tanks (SILK) FAQ – Key Metrics & Market Insights
Where can I buy Spider Tanks (SILK)?
Spider Tanks (SILK) is widely available on centralized and decentralized cryptocurrency exchanges.
What's the current daily trading volume of Spider Tanks?
As of the last 24 hours, Spider Tanks's trading volume stands at $0.00000000 .
What's Spider Tanks's price range history?
All-Time High (ATH): $2.57
All-Time Low (ATL): $0.00000000
Spider Tanks is currently trading ~99.97% below its ATH
.
How is Spider Tanks performing compared to the broader crypto market?
Over the past 7 days, Spider Tanks has gained 0.00%, underperforming the overall crypto market which posted a 1.00% gain. This indicates a temporary lag in SILK's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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Spider Tanks Basics
| Hardware wallet | Yes |
|---|
| Website | app.gala.games spidertanks.game |
|---|---|
| Wallet | Coins Mobile App |
| Asset type | Token |
|---|---|
| Contract Address |
| Explorers (1) | etherscan.io |
|---|
| Tags |
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What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
Spider Tanks



