Blockchain Gaming Report 2022

DappRadar x BGA Games Report — Q3 2022

- 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.

Yat Siu, executive chairman of Animoca Brands, helped open our GamesBeat Summit Next 2022 event by talking about the hurdles that blockchain games face in garnering more momentum.

📍 And while explaining that, he also noted how Asian game makers may have an advantage over those in the U.S. and Europe when it comes to blockchain and crypto games.

📍 Siu tried to cut through both the hype and the negativity about how blockchain games will go mainstream and disrupt traditional games.

📍 He was interviewed by James Zhang, CEO of Concept Art House, in an online fireside chat in a preview for our GamesBeat Summit Next 2022 event.

📍 He noted that CNBC dubbed Siu “Mr. Metaverse” for investing in hundreds of Web3 companies and driving the adoption of blockchain games.

➡️ Areas Discussed:

- Surviving the crypto winter

- Challenges facing blockchain

- East vs. West

- Regulatory risks

-Games for the unbanked (To be continued) You can mail me at storysellercomics@gmail.com for a detailed discussion.