Researchers from DappRadar reported the dominance of the Blockchain Gaming sector in the 3rd quarter
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Johny Smith
2024/10/30
3 mins read
In the 3rd quarter of 2024, the blockchain gaming sector took a leading position in the Web3 ecosystem, despite a significant decline in investment. According to a DappRadar report, the number of active daily wallets has reached 4.4 million, representing 26% of all decentralized application (dApps) activity. This growth reflects the sustained interest in blockchain-based gaming projects.
The Ronin network, which supports popular gaming projects such as Axie Infinity, remained the leading platform in terms of active wallets, attracting over 1 million users per day and increasing activity by 34% compared to the previous quarter. Oasys and opBNB also showed similar success. Activity in the 1st increased by 4711%, and in the 2nd by 480%. This jump is due to an increase in the number of game projects and widespread interest from users.
The startups World of Dypians and SERAPH: In The Darkness gained the most popularity among new products, each of which attracted more than 300 thousand unique active wallets daily. Their success highlights the growing interest in high-quality blockchain-based gaming applications in which users can earn tokens, participate in NFT trading and interact with virtual assets.
NFT collections related to games also showed positive dynamics. Games based on the Immutable zkEVM, including Guild of Guardians and Gods Unchained, continued to perform strongly, generating more than $60 million in total trading volume in the 3rd quarter. However, the NFT metaverse market showed mixed results, with transaction values falling by 67% even as sales increased by 26%. The leader was the Mocaverse collection, which took 42% of the total share. Investments in blockchain gaming decreased by 90% compared to the 2nd quarter and amounted to only $110 million.
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