Coinbase Lists New Token for Pirate-Themed Ethereum Game

Coinbase, the leading US crypto exchange, has added support for the new token of Pirate Nation, a pirate-themed role-playing game built on the Ethereum blockchain.

Trading PIRATE Token

Customers can now trade PIRATE, a utility and staking token used within the game. The token debuted on Wednesday and has surged nearly 90% in its first day. Coinbase has labeled it as an “Experimental Label” due to its higher risk and lower liquidity.

Pirate Nation Gameplay

Pirate Nation allows players to assemble crews, build ships, explore islands, search for treasure, and battle creatures in a blockchain-based gaming ecosystem. The game runs on the Apex chain, developed by Proof of Play.

Apex Chain Features

According to Pirate Nation’s litepaper, the game currently consists of over 300 smart contracts, with all game logic running on the blockchain. Players generate over 1 million transactions daily through in-game actions. The Apex chain has consistently ranked among the top three EVM-based L2s for transactions and gas per second.