Even though the aftermath of the FTX crash and the following crises took a toll on the cryptocurrency market, it has only lately started to recover, the underlying technology has held up well, especially in the area of blockchain games.
I've seen that a lot of games are being created this year despite the cryptocurrency issue and other controversies. I've had a lot of games recommended to me by other blockchain players, but WAM and Axie probably caught my attention the most.
As it turns out, a recent DappRadar research shows that in the months of October and November, user activity in Web3 games accounted for nearly half of all blockchain activity (42.67%) across 50 networks.
A daily average of 800,875 distinct active wallets engaged with game smart contracts in November, down 12% from the industry's 911,720 active wallet count in September.
The current situation still indicates a drop when compared to the latter part of 2021 and the beginning of 2022. Blockchain game investments are anticipated to reach $8.16 billion this year, up from $4 billion in 2021, which represents a 104% rise.
The most popular blockchain card game, Gods Unchained, accounted for $55 million of the total in-game trading volume of NFTs in October and November.
Source: https://www.reddit.com/r/NFTGames/comments/zkrh8o/investments_in_blockchain_games_increased_by_104/
