NFT Evening NFT Evening
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • News
      • Collectibles
      • Crypto Art
      • Blockchain games
      • Metaverse
      • Music
      • Interviews
    • Guides
      • Top NFT Projects
      • Top Blockchain Games
      • NFT Marketplaces and Tools
    • Learn here!
      • What is an NFT?
      • How to keep your NFTs safe
      • NFT Glossary
    • NFT Calendar
      • NFT Drops
      • NFT Conferences
      • NFT Launchpad
    • Newsletter
    NFT Evening NFT Evening
    Blockchain games

    Home » News » Blockchain games » DappRadar Drops Latest Blockchain Games Report: Here Are The Highlights

    DappRadar Drops Latest Blockchain Games Report: Here Are The Highlights

    By Janelle BorgJune 22, 2022Updated:February 3, 20233 Mins Read
    Contents hide
    Let’s talk about the bear market
    Splinterlands is currently the top blockchain game.
    Illuvium generates $72 million from its first land sale
    Gala Games reveals major plans for the Galaverse ecosystem
    STEPN registers 2 million monthly users
    Blockchain games raised $1.4 billion in funding since May

    DappRadar and BGA Games have just dropped their latest, highly anticipated blockchain games report. The report clearly shows that despite the bear market, blockchain games are the blockchain vertical that is successfully navigating the bear season. Here are the most important takeaways from the detailed report.

    blockchain games dappradar
    DappRadar’s latest report gives us an insight into the future of blockchain gaming.

    Let’s talk about the bear market

    According to the Dapp Rader and BGA Games report, 1.15 million UAW interacted with blockchain games on average in May. This is only a 5 percent decline from April. This confirms blockchain games as one of the most exciting categories in the dApp industry.

    Splinterlands is currently the top blockchain game.

    Splinterlands maintains its position as the top blockchain game, with 350,000 daily UAW in May. For eight months in a row, Splinterlands attracted thousands of players through its dynamic trading card mechanics. Not only that, but the first 2,000 validator node licenses sold out in less than 15 minutes. This led to contributions of more than $4 million to the game’s DAO.

    Illuvium generates $72 million from its first land sale

    Despite current market conditions, Illuvium sold its first land plots. The 20,000 land plots sold generated 4,018 ETH, or about $72 million at the time of sale. In addition, Illuvium announced it will release a mobile version called Illuvium Zero. The mobile version will allow players to build an industrial virtual complex to mine resources.

    gala games grit
    Gala Games’ GRIT will be one of the first Web3 games on the Epic Games Store.

    Gala Games reveals major plans for the Galaverse ecosystem

    Fresh from the Galaverse conference in Malta, the team unveiled exciting partnerships and shed light on upcoming milestones for its ecosystem. These announcements included the shooter game GRIT, which will be available in the Epic Games Store.

    In addition, Project Saturn will become a Battlestar Galactic blockchain game running on the Gala Games ecosystem, while Gala Games will now host both Last Expedition and Forever Winter. The Mirandus Exemplars airdrop will also soon take place. This will reward MTRM and be considered for Mirandus’ next play test.

    STEPN registers 2 million monthly users

    Move-to-earn (M2E) games are emerging as the next big category of blockchain games. STEPN, the most popular M2E on the market, has 2 million monthly users. In addition, the entry barrier to the STEPN ecosystem is more accessible than ever, due to the decline in the floor price of the Sneakers and the price of SOL.

    Blockchain games raised $1.4 billion in funding since May

    So far this year, the blockchain gaming sector has raised $4.9 billion. This amount does not take into account the $600 million a16z has committed to the creation of the Games Fund One. A significant investment is the $725 million Dapper Labs raised to expand the Flow ecosystem.

    Since May, companies have raised $1.4 billion. At the time of writing, 25.3% of this amount was raised by metaverse gaming projects themselves. 33.9% of the capital raised this year went to infrastructure projects.

    This investment continues to solidify the importance of blockchain gaming in web3. Undoubtedly, this DappRadar and BGA Games report shows that we are on the verge of seeing some truly innovative blockchain games with immersive game mechanics that attract a wide range of users.

    Join Our New "To The Moon" daily Newsletter

    Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts & stay on top 👊🌚

    Thank you!

    You have successfully joined our subscriber list.

    .

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    blockchain gameepic games
    Previous ArticleNew Generative Art NFT Marketplace Archipelago Backed By Tyler Hobbs
    Next Article Sony x Theta Labs 3D NFT Drop Sold Out In 30 seconds
    Janelle Borg
    • Website

    Janelle is a freelance content writer with a passion for all things related to music, marketing and tech. She looks forward to bringing you more news relating to the fast-paced world of Crypto and NFTs from her home office in Brighton.

    More great NFT Evening content:

    Immutable & Polygon Labs Partner to Disrupt Web3 Gaming

    March 21, 2023

    Splinterlands Reveals Plans for Land Gameplay

    March 20, 2023

    Zebedee & Fumb Games Celebrate 1M “Bitcoin Miner” Players

    March 14, 2023

    Join the race: NASCAR takes on Roblox

    March 11, 2023

    Web3 Gaming Studio by Electronic Arts Founder Trip Hawkins Goes Live on Seedify

    March 10, 2023

    Illuvium: Beyond Launches Adventure Collectible Card Game on ImmutableX

    March 8, 2023

    Bear Hug Entertainment and ZEBEDEE are Bringing Bitcoin Rewards to Mobile Gaming

    March 7, 2023

    Shrapnel Aims to Become a Leading Blockchain Game

    February 28, 2023
    Latest NFT News

    Trevor Jones and MakersPlace Pay Tribute to Alotta Money Through NFT Art Auction

    March 31, 2023

    Unstoppable Domains Introduces AI Avatars for Digital Identity

    March 31, 2023

    Flybondi becomes the first airline to offer NFT tickets

    March 31, 2023

    Fetch.ai’s $40M Funding To Accelerate AI & Blockchain Integration

    March 30, 2023

    Art Blocks Launches Creator-Friendly NFT Marketplace

    March 30, 2023

    NFT Art Lands Pussy Riot Founder Nadya Tolokonnikova on Russia’s Wanted List

    March 30, 2023

    NFTb Welcomes My Neighbor Alice Token, ALICE, As First Native Token

    March 30, 2023

    Metamask Airdrop Rumors Dismissed by Metamask: Stay Safe!

    March 30, 2023
    Get The FREE Exclusive Report
    CLICK HERE

    NFTevening is the biggest website for NFT news. We cover; breaking news, upcoming mints, plus, interviews with top NFT artists and projects. Put simply, we are the best place for new and experienced non-fungible token fans — making content fun & accessible

    Privacy policy
    Terms and conditions

    Article Categories
    • Blockchain games
    • Collectibles
    • Columns
    • Crypto Art
    • Guides
    • Interviews
    • Metaverse
    • Music
    • News
    • NFT Marketplaces and Tools
    • Sponsored Content
    • Top Blockchain Games
    • Top NFT Projects
    NFT Calendar
    • Today’s NFT Drops
    • Upcoming NFT Drops
    • Solana NFT Drops
    • NFT Calendar
    • NFT Calendar : Add Your NFT Event
    Get In Touch
    • Advertise (Media Kit)
    • Job Opportunities
    • About Us
    • Contact Us
    • Newsletter
    NFT Beginners Guides
    • How to Sell NFT Art
    • How to Create NFT Art
    • How to Display NFT Art
    • How To Make Passive Income With NFTs
    • Best Crypto Wallet
    • Best NFT Coins
    • Best NFT Rarity Tools
    • What is a DAO ?
    • What Are Crypto Gas Fees ?

    Type above and press Enter to search. Press Esc to cancel.