Normal GameFi Index
The Normal GameFi Index is a crypto index composed of 20 cryptocurrencies powering mainstream decentralized games and gaming apps and ecosystems.
Overview
The Normal GameFi Index is a crypto index composed of 20 cryptocurrencies powering mainstream decentralized games and gaming apps and ecosystems. The term "GameFi" refers to a sector of crypto dedicated towards empowering gaming ecosystems, players, and their communities.
Index Mission
Launched on January 26, 2024, the mission of the Normal GameFi Index is to capitalize on the shortcomings of the current gaming industry and how GameFi and the blockchain solve them. Many gamers are upset with the lack of quality games released over the past few years and the continual focus on micro-transactions over playable games. GameFi seeks to solve these inequalities along with many other exciting implementations such as bringing ownership of valuable digital collectibles to players.
Assets
The Normal GameFi Index is composed of the following 20 assets:
- Immutable (IMX)
- Gala (GALA)
- Beam (BEAM)
- Wormhole (W)
- MultiversX (EGLD)
- Axie Infinity (AXS)
- The Sandbox (SAND)
- Ronin (RON)
- Decentraland (MANA)
- ApeCoin (APE)
- Echelon Prime (PRIME)
- WEMIX (WEMIX)
- MX TOKEN (MX)
- SuperVerse (SUPER)
- GMT (GMT)
- Enjin Coin (ENJ)
- Galxe (GAL)
- Threshold (T)
- Illuvium (ILV)
- Pixels (PIXEL)
Our team has carefully selected these assets to appropriately encompass the mission of the index while maintaining integrity and security.
We review each Normal crypto index monthly to assess if assets should be added or removed. This process ensures our indexes accurately reflect the market to achieve their desired investment goal.
We recommend a minimum investment of $32 for the Normal GameFi Index to ensure all assets are purchased successfully.
Allocations
Asset allocations are updated daily, so please visit the Normal GameFi Index for the most up-to-date allocations.
For this index, we use a square root weighted market cap strategy to generate asset allocations. This ensures no single asset can dominate the index.
As of the writing of this article, May 10, 2024, the top 8 Normal GameFi Index allocations are:
- Immutable (10.13%)
- Gala (6.63%)
- Beam (6.31%)
- Wormhole (6.07%)
- MultiversX (5.98%)
- Axie Infinity (5.92%)
- The Sandbox (5.72%)
- Ronin (5.39%)
- Please visit the Normal GameFi Index for the rest
Returns
Over the past year, the Normal GameFi Index has returned 70.38%. Compared to the S&P 500’s annual return of 28.12%. It’s important to note that during this time, the max drawdown of the Normal GameFi Index was around 42% in October of 2023.
Monthly returns currently sit at -22% and quarterly returns are 10%, with the S&P 500 equivalents being 2.7% and 10.8% respectively.
Fees
All crypto indexes on Normal have a 0.50% investment fee. Our fee structure is slightly different than the traditional expense ratio you may be familiar with due to the unique value our indexes provide.
By investing in crypto using a Normal index, you can enter the market with 6x less fees than you’d otherwise pay using an exchange or on-ramp.
How to Invest
If this is your first time using Normal, setting up your account will take 5-10 minutes using our provided guides and walkthroughs.
Otherwise, investing in the Normal Layer 1 Index takes just a few seconds:
- Open the Normal GameFi Index
- Click “Invest” on the left-hand side
- Enter the amount you’d like to invest along with your desired exchange
- Review our fee and your order previews
- 🎉 Invest!
Investments for the Normal Layer 1 Index typically take around 5 seconds to execute. You can track your investment's progress in your Normal Dashboard.
Connect with us
Thank you for learning about the Normal Layer 1 Index. If you have any questions or need help with your account or investment, please feel free to connect with us via support@normalfinance.io, our Twitter, live chat (bottom-left blue button), or our Discord below.