- Blockchain video games recorded a 1.15 million day by day UAW in May, stories DappRadar and BGA.
- The sector solely noticed a mere 5% lower from its numbers in April.
- According 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 May, stories market tracker DappRadar and Blockchain Gaming Alliance (BGA).
According to the fifth report revealed 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 tasks based mostly on the replace.
Splinterlands, DappRadar’s main blockchain sport, attracted 350,000 day by day UAW, plunging by a mere 4% from April.
In late May, the blockchain buying and selling card sport had a sale of its SPS validator node licenses, by 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.
Another notable current growth within the area is move-to-earn (M2E) STEPN’s steady development. Described by DappRadar as the most well-liked M2E dapp, STEPN logged 2 million month-to-month customers because the final report.
Based on information from TechCrunch, GMT, STEPN’s governance token, has additionally turn into widespread with buyers. TechCrunch reported that 262,000 distinctive wallets had been holding GMT tokens, and the quantity continues to rise regardless of bearish market sentiment.
The value plummet of Solana (SOL) additionally helped decrease the value of Sneaker NFTs, making it simpler for customers to enter the STEPN ecosystem.
Other M2E dapps, together with Genopets and Avalanche’s Step App, additionally took strides in the course of the crypto winter, launching their respective sport developments.
Meanwhile, blockchain video games raised a whopping $1.4 billion in funding from enterprise capitalists, equivalent to Andreessen Horowitz and Dapper Labs. DappRadar stories that 25% of capital raised in 2022 has gone to the event of metaverse gaming tasks.