- Blockchain video games recorded a 1.15 million day by day UAW in Might, experiences DappRadar and BGA.
- The sector solely noticed a mere 5% lower from its numbers in April.
- In response to the report, blockchain video games raised $1.4 billion in funding.
Blockchain video games recorded 1.15 million day by day distinctive lively wallets (UAW) in Might, experiences market tracker DappRadar and Blockchain Gaming Alliance (BGA).
In response to the fifth report published on Monday, blockchain video games continued to get lively interactions from distinctive wallets final month, reducing solely by 5% from the numbers from April. These findings attribute to a number of key developments from numerous initiatives based mostly on the replace.
Splinterlands, DappRadar’s main blockchain recreation, attracted 350,000 day by day UAW, plunging by a mere 4% from April.
In late Might, the blockchain buying and selling card recreation had a sale of its SPS validator node licenses, through which 2,000 SPS had been bought out inside quarter-hour. This allowed 14.5 million of the platform’s governance token, Splintershards (SPS), to be burned, allocating about $4 million to the sport’s DAO.
One other notable latest improvement within the area is move-to-earn (M2E) STEPN’s steady progress. Described by DappRadar as the preferred M2E dapp, STEPN logged 2 million month-to-month customers because the final report.
Primarily based on knowledge from TechCrunch, GMT, STEPN’s governance token, has additionally turn into widespread with traders. TechCrunch reported that 262,000 distinctive wallets had been holding GMT tokens, and the quantity continues to rise regardless of bearish market sentiment.
The worth plummet of Solana (SOL) additionally helped decrease the value of Sneaker NFTs, making it simpler for customers to enter the STEPN ecosystem.
Different M2E dapps, together with Genopets and Avalanche’s Step App, additionally took strides through the crypto winter, launching their respective recreation developments.
In the meantime, blockchain video games raised a whopping $1.4 billion in funding from enterprise capitalists, akin to Andreessen Horowitz and Dapper Labs. DappRadar experiences that 25% of capital raised in 2022 has gone to the event of metaverse gaming initiatives.