WEB3 GAMING REACHES 1 MILLION DAILY ACTIVE WALLETS














The blockchain gaming industry is making waves as it marks a promising expansion in October 2023. According to a report from DappRadar and the Blockchain Gaming Alliance, the industry crossed a milestone of 1 million daily unique active wallets (DUAW), marking a 16% increase from the previous month. This figure represents one-third of the entire industry activity for the month, illustrating the growing weight of the gaming sector within the Web3 environment. 


WAX paved the path in gaming activity with 406,030 daily UAW, reflecting an 8% increase from September, primarily powered by popular games like Alien Worlds. Simultaneously, BNB Chain observed a 13% growth in DUAW. Conversely, a slight dip was seen on the Klaytn, Solana, and Arbitrum platforms, registering a fall in gaming activity. On a positive note, zkSync Era saw a 6% uplift. Moreover, the number of daily unique active wallets on Polygon has grown by 5%, now standing at 93,018, indicating sustained growth.


Several games maintained or expanded their user base during this time. Alien Worlds kept its top spot as the most used gaming DAPP, crossing 133,000 daily UAW. At the same time, Sweat Economy debuted in the United States, strengthening its place in the move-to-earn sector.


Furthermore, Splinterlands rolled out new features, including the “Immolation” card and the Rebellion pre-sale, in expectation of land gameplay to refresh its community. Also, Nine Chronicles introduced its Ecosystem 2.0, increasing the game’s accessibility and economic systems.


Virtual Worlds


The virtual world space also indicated encouraging trends, with trading volumes growing by 19% since September to hit $3.8 million and land sales showing an upward trend of 17%, accumulating to 10,822 transactions in October.


The total web3 gaming investment in October touched $154 million. Despite the prevalence of an extended bear market, this figure suggests continued investor intrigue in the blockchain gaming and metaverse sectors.


High-profile investments included Animoca Brands’ strategic alliance with the NEOM Investment Fund, involving a $50 million venture to amplify Web3 enterprise services. Additionally, WEMIX, a Wemade subsidiary, committed $30 million to five Chinese game developers aiming to enhance the diversification of its blockchain gaming portfolio and integrate these games into the WEMIX PLAY platform.


This report sheds light on the rising acceptance of the web3 space among users and underscores its untapped potential, signaling its continued growth. The positive growth trajectory of this space will create commercial opportunities, boost strategic tie ups and it will help push the boundaries of innovation as several brands/companies would want to carve their own niche in this rapidly evolving realm. Personally, I am elated about this report as it reinforces the narrative that the web3 space is witnessing significant traction. 


SKOR Metaverse aims to leverage the increasing momentum in this space by providing a secure and transparent gaming environment where users can enjoy a wide range of games, collectibles, and interactive experiences. 


By harnessing the power of artificial intelligence SKOR will provide users with unique gaming experiences. Players can create customized avatars and explore our virtual world while competing against each other in tournaments and competitions.


Please follow us on our social media channels and visit our website https://skormetaverse.io/ to keep up with everything we are doing and to play our 200+ hyper casual games https://skormetaverse.io/playgame


If you would like to get in touch with us, please contact info@footballrare.com

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