The total market cap for all gaming-related tokens hit roughly $7.4B at the end of November, representing a 17% increase from September, according to CoinGecko. However, as we will illustrate in this report, this is not a sign that the market is recovering. It is more so due to the fact that several new tokens have been added to CoinGecko’s gaming-tokens list.
When I consider my strategic moves lately, during this crypto winter, I've noticed that actually, my full focus was on GameFi.
Today, we have a bunch of these games, which is clear if we consider all these numbers. But I always thought that the success of Blockchain Projects relies heavily on collaboration with the community and the ecosystem at large. To aid this, we have partnered with amazing organizations in the Web3 space.
So far, I played numerous blockchain games and I came to the conclusion that CoinFantasy is built to ensure that gamers get the best GameFi experience.
What do you think of GameFi?
You can see how many users there are for a game DApp on Web3. You can see how often they are engaging with the DApp, how much value is being transferred across the ecosystem, and what NFTs are going to be worth. Users can find every game DApp that is available in the market right now, through platforms like DappRadar.
In fact, gaming tokens are down all over as a result of the recent FTX crisis. Despite this, blockchain gaming dApps recorded 92% more transactions than markets and almost 50% more distinct active-wallet engagements than DeFi throughout the course of the past month. These numbers have stayed at 21.5M and 800k, respectively, for the past three months.
Which game do you play?
Source: https://www.reddit.com/r/NFTGames/comments/zmow1g/the_total_market_cap_for_all_gamingrelated_tokens/
