The latest report from DappRadar is up, and the numbers reveal a clear trend in the growing GameFi section. It appears that the interest in the space is higher than ever as money keeps finding its way into blockchain-based online gaming projects.
GameFi Thriving
According to January’s report by popular data resource, DappRadar, GameFi is booming, and blockchain-based online games received over $1 billion in funding in January alone. For comparison, for the entire 2021, the sector saw investments worth $4 billion.
Interestingly, the report also reveals that this particular category accounts for 52% of the blockchain’s activity in 2022 so far.
One of the leading names in the field remains Harmony’s DeFi Kingdom (JEWEL). The game generated over $1.5 billion in transactions through January, which is 243% more than Axie Infinity – a behemoth in the blockchain gaming space. JEWEL also has $775 million in TVL, representing a whopping 60% of the total value locked on the entire Harmony network.
Top Games Persist Despite Market Crash
The report also notes that in the third quarter of 2021, blockchain-based games managed to become the most dominant dApp category when it came to usage. Back then, they accounted for 45% of the activity within the entire industry, and this number has now risen to 52%.
Be it as it may, one of the most important metrics for these projects is their user retention. For example, Splinterlands – one of the more popular games, also currently being the most-played one, saw a growth in its unique active wallets by 4.5% in January compared to December 2021, and this number currently sits at 312,000 UAW.
CryptoPotato reached to Splinterlands for commentary on the above and here’s what Jesse “Aggroed” Reich, the CEO and Co-Founder of the project had to say:
January was an incredible month for Splinterlands. We released our 6th card edition which is called Chaos Legion. It has been remarkably popular and we saw a ton of accounts come back to get the new packs and reengage, while we also saw a bunch of new players come into the ecosystem.
Another game that has noted a slight increase in the number of UAW is Axie Infinity, which enjoys over 100,000 daily unique active wallets. Interestingly enough, Sky Mavis, the developer of Axie, claims that there are 2.8 daily active users playing the game every single day.
Check live crypto rates here
Start trading today – See our list of exchanges
I do not even know the way I finished up here, but I assumed this submit used to be great. I do not recognize who you’re however certainly you are going to a well-known blogger in the event you aren’t already 😉 Cheers!
You made some decent points there. I did a search on the issue and found most individuals will consent with your site.
naturally like your web-site however you have to check the spelling on several of your posts. Many of them are rife with spelling issues and I in finding it very troublesome to inform the truth on the other hand I’ll certainly come again again.
Hello very cool blog!! Man .. Excellent .. Amazing .. I’ll bookmark your website and take the feeds alsoKI’m happy to seek out numerous helpful info right here within the submit, we’d like work out extra strategies on this regard, thank you for sharing. . . . . .
My brother suggested I may like this website. He used to be totally right. This put up truly made my day. You cann’t believe simply how so much time I had spent for this info! Thank you!
Woah! I’m really digging the template/theme of this website. It’s simple, yet effective. A lot of times it’s very difficult to get that “perfect balance” between superb usability and visual appearance. I must say you have done a excellent job with this. Also, the blog loads extremely quick for me on Chrome. Excellent Blog!
It is in reality a nice and useful piece of information. I am satisfied that you shared this helpful info with us. Please keep us up to date like this. Thank you for sharing.
F*ckin’ awesome things here. I am very glad to see your article. Thanks a lot and i’m looking forward to contact you. Will you kindly drop me a e-mail?
I discovered your blog site on google and check a few of your early posts. Continue to keep up the very good operate. I just additional up your RSS feed to my MSN News Reader. Seeking forward to reading more from you later on!…
Some genuinely great content on this web site, regards for contribution.
Hey there! Do you use Twitter? I’d like to follow you if that would be ok. I’m absolutely enjoying your blog and look forward to new updates.
Hi, i think that i saw you visited my weblog so i came to “return the favor”.I’m attempting to find things to enhance my website!I suppose its ok to use a few of your ideas!!
I feel this is among the most significant info for me. And i am glad reading your article. But wanna remark on some general things, The site style is perfect, the articles is actually great : D. Good job, cheers
You made various fine points there. I did a search on the matter and found most people will have the same opinion with your blog.
That is the suitable blog for anybody who needs to search out out about this topic. You realize a lot its almost exhausting to argue with you (not that I actually would need…HaHa). You positively put a brand new spin on a topic thats been written about for years. Nice stuff, just nice!
Only a smiling visitant here to share the love (:, btw outstanding design.