games

Blockchain Games And Metaverse Projects Continue Growing 2022

Blockchain Games And Metaverse Projects Continue Growing

Blockchain games brave the crypto winter like no other according to a recent report by DappRadar. Video games remain the silver lining amid a ferocious crypto winter storm as it is still active in the adoption of blockchain technology.

Moreover, it also gets embraced by venture capitalist firms and continues to get noticed by them. The industry data shows a lot of promise in blockchain games and the figures do not lie.

Blockchain Games And Metaverse Projects Continue Growing
Blockchain Video Games And Metaverse Projects Continue Growing

Blockchain video games continue to attract venture capitalists in the third quarter of 2022 despite the bear market. Among other digital assets, it’s the crypto gaming sector that is showing signs of long-term value as well as stability.

Alien Worlds and Splinterlands remain the two most played Web3 games, with over 160,000 daily UAW registered in September. Gameta, a gaming platform first deployed on Solana and now running on the BNB Chain, attracted over 1 million daily UAW in September.

According to the report by DappRadar, blockchain games and metaverse projects raised $1.3 billion in Q3 between July and September. The figure, when compared to last year’s investment accumulation in Q3, is double in number. However, when compared to Q2 of 2022, it appears a decline of 48%.

The standout domain in terms of investment is the Web3 metaverse projects and infrastructure which accounts for roughly 36%.

As for the blockchain games, the number of unique active wallets records an increase of 8% month over month reaching 912.000. Moreover, 7 out of 10 blockchain games confirmed an increase in unique active wallet addresses. There are more and more multiple blockchain games with truly immersive game mechanics that take entertainment to the next level. Even tough the haters keep hating, this is what we expected.

The total value locked also shows sign of recorvery with a 2.9% increase when compared to the previous quarter but it is not extraordinary as it is $250 billion less when compared to 2021.

The number of daily Unique Active Wallets (UAW) that interact with blockchain dapps rose 12 percent to 1.81 million on average.

DappRadar also notes that Web3 games continue to be the sole driving force for the dapp industry.

As for blockchain technology, Ethereum remains the leader in Q2 2022 with a share of 69% among other chains. It also recorded an increase of 3.17% accumulating to $48 billion.

The NFT domain sees a decline in the popularity of OpenSea Marketplace due to competition from new entrants; Magic Eden and X2Y2.

The impact of blockchain games is also visible in the NFT market, where Gods Unchained cracked the top 5 collections by trading volume in September with over $18 million generated by its game assets.

Key Takeaways

  • The number of unique active wallets in the blockchain gaming industry increased by 8% (912K) month-over-month, and its dominance remains over 48%.
  • Gameta, the new Web3 gaming platform on BNB Chain, became the most used dapp in September, surpassing PancakeSwap, with over 1.33 million unique wallets in the past 30 days.
  • In September, due to a P2E gaming tournament featuring significant in-game NFTs for winners, Benji Bananas, a game produced by Animoca Brands, had a rise in unique active wallets of over 2,400% from the previous month.
  • The Sandbox Alpha Season 3 has over 90 experiences, with 4 million people registered with a wallet, and over 200,000 daily active users.
  • Move-to-earn projects are gaining popularity and flourishing in this bear market. Sweat Economy minted a record-breaking 10,000 NFTs on Near Protocol, StepApp will be available for iOS and Android on December 1st and, OliveX, the digital fitness company that developed Dustland, collaborated with The Sandbox to develop the fitness Metaverse.
  • Blankos Block Party and Star Atlas, two online games using NFTs, became the first Web3 titles to be released on the major PC gaming marketplace Epic Games Store.
  • With over $18 million in sales in September, the digital collectible card game Gods Unchained climbed into the top 5 collections by NFT trading volume.
  • September’s investments were the lowest all year, only $156 million were raised by blockchain games and Metaverse-related projects. However, this month showed us that the industry never ceases to build.
Games Podcast

Episode 27; Our Games Podcast In The Top 40 Gaming Podcasts Of Feedspot, Esports And Legal With Justin Jacobson, Items of Joakim and Cris, Indie Games Spotlight And Nordic Game Online Update

Episode 27; Our Games Podcast In The Top 40 Gaming Podcasts Of Feedspot, Esports And Legal With Justin Jacobson, Items of Joakim and Cris, Indie Games Spotlight And Nordic Game Online Update
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This is Episode 26 of Game Consultant. It is amazing to see how many people are listening by now. The gaming podcast is growing every week in terms of listeners, but also people visit the website more and more. Sometimes I dont have a clear overview (yet), cause people are listening via spotify, apple podcasts, google podcasts, breaker, anchor, my website etc.

I didn’t expect that so many would care, be responsive and actualy would listen. Some people are helping me with editorial things, ideas and introductions. Thanks so much and I will continue learning to make this THE Gaming Podcast of 2020 and beyond.

 

Top 40 Gaming Podcasts

I got an email from Anuj Agarwal, he the Founder of Feedspot. I had been submitting my gaming podcast & website Podcast Game Consultant on Feedspot. He personally congratulated me as the gaming podcast and website Podcast Game Consultant had been selected by their panelist as one of the Top 40 Gaming Podcasts on the web; https://blog.feedspot.com/gaming_podcasts/

As I am doing this since mid-jan 2020, this is such a rewarding message to receive. So, thank you!

 

Esports And Legal

My interview today is about Esports and how important legal is. Not only the contracting part but also having a legal expert advising you on things like for example; the name of the esports team and/or organization. Once you’ll find out the name was already taken as a brand, it is TOO late.  Who better as Justin Jacobson could update me!

He is an entertainment and esports attorney, author and media personality. He represents professional athletes, musicians, producers, songwriters, DJs, fashion designers as well as professional gamers, esports organizations and teams.

Named a “Rising Star” by Super Lawyers for the last five years, Justin is a legal contributor to TuneCore, HypeBot, The Journal of the Copyright Society of the U.S.A. and the Touro Law Review.

Justin has served as an Instructor of Music Business at the Institute of Audio Research in New York City, guest speaker at Cardozo Law School, Bergen County Community College and ICON Collective in Los Angeles, California.

He has also been featured by a range of industry publications including: YourEDM, Mental Floss, The Esports Observer, Esports Insider, SportTechie, Break The Game, The Ballgamer, and Operation Sports.

You want/need more info about legal and Esports? Contract Justin over at The Jacobson Firm, P.C.

Website – www.jacobsonfirm.com

Facebook – https://www.facebook.com/justinmjacobson

Twitter – https://twitter.com/justinjesq

Instagram – https://www.instagram.com/justinjesq/

LinkedIn – https://www.linkedin.com/in/justinmjacobson/

 

Nordic Games Online 2020

NG20 online this 27-29 May features an exciting three-day live streamed program including a string of great speakers and our popular Nordic Game Awards show, exclusive activities and giveaways on our Discord server as well as MeetToMatch Unlimited online meeting manager with integrated video conferencing.