gaming trends Archives

Trend Report: Yoda Labs and BGA Analysis

Exploring the Funding Trend in the Blockchain Gaming Industry

The BGA report indicates that funding was the most significant positive factor for the blockchain gaming industry in 2022. 21.3% of respondents agreed to it. Moreover, increased funding and incubation programs support can speed up the growth and development of projects. This will lead to rapid advancements in innovation in the Web3 gaming sector.

Major venture capitalists are investing in Web3 gaming, drawn by its growth, with the aim of capitalizing on the trend. Web3 gaming is emerging as a standalone industry, separate from the broader cryptocurrency market. It serves as a crucial entry point for institutions entering Web3, along with Web2 gaming studios. Examples include Square Enix\’s partnership with Oasys Blockchain, Epic Games\’ Blankos, and Mythical Games partnering with Ubisoft as a publisher.

Unpacking the Growth of the Blockchain Gaming Industry: An Analysis

WAX

In 2022, the WAX protocol remained the most widely used blockchain for web3 games, attracting an average of almost 350,000 daily users. Hive and BNB Chain followed with 235,000 and 167,000 daily users, respectively.

Polygon

In 2022, Polygon solidified its position as a blockchain for games. It attracted an average of 97,000 daily users, a 340% increase from the previous year. The growth was driven by game dapps such as Arc8 by GAMEE, Benji Bananas, Crazy Defense Heroes, and Pegaxy.

ImmutableX

ImmutableX saw a 250% increase in NFT trading volume, reaching $87 million, compared to the previous year. Gods Unchained ranked among the top 25 most traded collections across all blockchains.

Axie Infinity

The launch of Axie Infinity: Origins and the introduction of Lunacia in Axie Infinity Homeland fueled $325 million in NFT trading volume for Axie Infinity.

Yuga Labs\’ Otherside

After its launch on April 30, Yuga Labs\’ Otherside became the most actively traded virtual world project, overtaking Decentraland and The Sandbox. Otherside saw over $1 billion in trades.

Gala Games

Gala Games ended 2022 with a portfolio of 18 games, including two on Steam and one in the Epic Games Store.

Alien Worlds

In 2022, Alien Worlds was the most widely played dapp, averaging almost 200,000 daily users. It recorded 4.8 billion on-chain transactions that encompassed gameplay, trading, and DAO activity.

Splinterlands

Splinterlands, the Hive-based trading card game, was the second most popular game by wallet activity. It maintained a player base of 160,000 daily users during the latter half of the year. The game also reached significant roadmap milestones, such as the launch of node validator licenses and the release of Runi NFT and Land Deeds.

STEPN

STEPN initiated the \”move-to-earn\” concept with a gamified reward system for physical activities. Although STEPN\’s growth slowed in the 4th quarter, other dapps such as Genopets, Step App, Dotmoovs, and Dustland have followed suit.

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Play To Earn Games News

Welcome to PlayToEarnGames.com! Your ultimate destination for all things gaming. Here you will find game reviews, daily news updates, and an extensive list of the latest games. Our goal is to keep you informed and entertained. If you have a game or exciting news that you would like to share, we encourage you to reach out to us. Stay tuned for daily updates and be sure to check back often for new additions to our growing list of games. Let\’s play and earn together!

Web3 Gaming in 2023: A Look Ahead

Web3 Adoption by Game Developers: A Trend Analysis

Investor capital support and technological advancements in the gaming industry will provide game developers with more power. Critics, including traditional players and game designers, argue that blockchain games lack aesthetic appeal and prioritize transactions over visuals. However, it will change in the near future. In November, Game7 launched a $100 million grant initiative to accelerate the development of Web3 games. They also revealed details about a new Web3 Github plugin for Unreal Engine, the widely-used 3D creation tool and game engine from Epic Games.

Game7\’s new Unreal Engine plugin will release in 2023. It will allow developers to effortlessly integrate Unreal\’s features into blockchain games. This will lead to the creation of scalable immersive environments and enhanced aesthetics. This could spark a revolution in the world of Web3 gaming! The competition between traditional and blockchain gamers continues. But it\’s clear that in 2023, game producers interested in the Web3 space will have a wealth of options to choose from.

Mobile Gaming Industry in 2023: Trends and Predictions

Mobile gaming has emerged as the leading segment in the gaming industry. It captures 60% of the market share and generates more income than PC and console gaming combined. This is a massive progress when we look back to 2005 when mobile gaming was viewed as a fleeting pastime for casual players with limited graphics and control capabilities.

The mobile gaming sector leads by a mile when compared to others in the gaming industry. It experienced rapid growth, accounting for 60% of the market and outperforming PC and console gaming in terms of revenue. The ease of use, convenience, and affordability of mobile gaming has made it widely accessible to players, despite its limitations in graphics and control. Today, games like Fortnite and COD are successfully adapted for mobile devices and have gained popularity among dedicated gamers.

Experts expect Web3 gaming to follow a similar trajectory similar to mobile gaming\’s growth in the past. Although Web3 gaming currently faces accessibility issues, it is predicted that in 2023, Web3 games will exist alongside desktop and mobile games. The exact technology that will make Web3 gaming more accessible is debatable. However, the industry remains hopeful about its future prospects.

Exploring AI in Blockchain Gaming: Advancements and Impacts

The integration of AI into Web3 gaming is providing game developers with new avenues to create sophisticated, captivating, and immersive player experiences. By incorporating AI, Web3 games have the potential to become even more engaging. It will have dedicated players who are more likely to be fully immersed in the games.

The Immutable team is enthusiastic about the opportunity that technology presents for creating more compelling counter-play in games like trading card games and RPGs. Their goal is to design a sophisticated and immersive AI that is customized to meet the needs of players and provides a learning experience that matches their progress in the game. To this end, they are experimenting with ChatGPT and creating a narrator that will narrate stories in the card game using GPT-3 software.

Web3 studios are at the forefront of using AI technology to elevate their games, while traditional game studios face the challenge of the \”innovation dilemma,\” making it more costly for them to integrate AI features. Delysium, one of the first Web3 open-world player-owned games, is constructing its own metaverse with AI-created characters and content. These characters, known as AI-driven MetaBeings, have a neural brain system that governs their virtual world existence and are able to possess assets, engage in in-game activities, and earn cryptocurrency income.

The gaming industry is getting into significant transformation as AI continues to evolve, unlocking new possibilities such as self-sufficient character growth, learning, and adaptation. In the near future, we may expect a growing number of games, both traditional and Web3, will integrate AI into their design.

Web3 Gaming with AI: A Real-World Example

Delysium, one of the first Web3 open-world player-owned games, is constructing its metaverse with AI-created characters and content. The game\’s AI-driven MetaBeings have a neural brain system that governs their existence in the virtual world and is able to possess assets, participate in game activities autonomously, and earn cryptocurrency income.

Web3 studios have a greater drive to adopt new technology compared to other development studios. While all game developers desire to utilize OpenAI to improve their games, large studios face the challenge of the \”innovation dilemma\” which increases the cost of integrating AI features. As a result, Web3 and NFT games aim to lead the industry\’s use of AI technology in the future.

AI technology is bringing about a revolution in the gaming industry, leading to new advancements and opportunities. The integration of AI will allow for the exploration of autonomous character growth, learning, and adaptation in games. In 2023, an increasing number of both traditional and Web3 games will feature AI integration.