Blockchain Game Report Q3 2021. Growth for Play to Earn business models and games backed by blockchain technologies.
The blockchain game sector is booming and continuously enjoys soaring numbers. The Q3 of 2021 shows that the Play to Earn business models and games backed by blockchain technology will sustain their growth.
The developers of the P2E movement, Axie Infinity, are the ones who are mostly to blame for this rise. Also, Splinterlands is now one of the blockchain games that people play the most.
Report on the Blockchain Game
The report shows that there were 1.54 million Unique Active Wallets in the blockchain industry in the third quarter. Nearly half of these wallets are linked to games on the blockchain. The number of registered wallets has grown 25% from one quarter to the next and 509% from one year to the next. The main force behind these numbers is games that use the blockchain.
Another important indicator is NFT, which shows that in-game NFT collectibles made $2.32 billion in sales during Q3. The numbers show that NFT game trades make up 22% ($2.32 billion) of all NFT trades in the industry as a whole.
In Q3, Axie was the most traded collection ever, beating out Blue-Chip NFT. Recent numbers are impressive, as Axie has made $2.08 billion worth of trades by itself. During Q3, Axie made $800 million in sales, which was just behind Ethereum.
Since Sky Mavis got $152 million in funding, the future looks exciting for both NFT collectors and Axie.
The game with cards Splinterlands has become one of the most popular games in the world. The average number of UAWs it got each day was over 245,000, which is a growth of 3267% from quarter to quarter.
During the third quarter, the game had more than 153 million transactions. And the number of transactions reached $1.18 million, which is a 1200% increase from the previous quarter.
Last but not least, there’s metaverse, which is growing quickly and wants to be the future of the internet in Q3.
The virtual land game Sandbox was the most popular, with $17 million worth of trades. In general, more than $56.37 million was traded in virtual worlds in Q3.
Solana Games, Land Sales, Immutable X Games, Guild of Guardians, Gods Unchained, My Crypto Heroes, Gala Games, and many more are all games that look like they will be good.
Play to Earn Gaming News
Looking for the best play-to-earn games? Look no further than our video game review site. Our large collection of P2E games has been looked over and has all the information you need. From genre and game platform to tokens, whitepapers, and Discord and Twitter social media links, we have it all. In addition, we offer game trailers for each game, as well as game videos where we provide in-depth reviews. We pride ourselves on being up-to-date, and offer daily updates on the latest news in the world of video gaming. You’ll find everything you need to stay informed about your favorite play-to-earn, blockchain, NFT, crypto, P2E, Web3, or metaverse games.
Check out our Top Games and game lists to discover the best play-to-earn games. And don’t forget to read our fresh daily game news to stay up-to-date on the latest developments in the world of gaming. With our video game review site, you’ll have everything you need to explore, discover, and enjoy the best P2E games out there. If you have PlayToEarn Game News, please contact us. If you are launching a game, or have PR around a new game, send it and our PlayToEarn Game news writers will cover it.