Recently noticed a quite interesting GameFi project - $MLC , with a market capitalization of only 22.69 million dollars.

This team is working on a mobile game studio, but the gameplay is a bit different, incorporating ecological protection concepts into the game mechanics. Sounds a bit idealistic? But there are several well-known institutions supporting it, and the concept is indeed quite novel.

From a valuation perspective, this scale is considered early stage in the blockchain gaming track. If the team can deliver the product, and with ESG (Environmental, Social, Governance) narratives gaining increasing attention globally, the theoretical upside is significant.

Of course, the notion of a hundredfold should be taken with a grain of salt; the key lies in the subsequent product implementation and user retention data. However, as a small market capitalization asset, it is indeed worth continuously observing the progress.