SniperFx

Archives

  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • September 2022
  • August 2022
  • January 2022
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Bonds
  • Brokers News
  • Crypto
  • Forex
  • Forex Trading
  • News
  • Stocks
  • Technology
  • World
Subscribe
SniperFx SniperFx
SniperFx
  • Latest Updates
  • Bonds
  • Brokers News
  • Crypto
  • Forex
  • Forex Trading
  • Stocks
  • World
  • News

On-chain Gaming Accounts for 45.6% of dApp Activities in Q1 2023

  • April 8, 2023
  • Gaming activity fell 3.33% in March yet accounted for 45.6% of the dApps industry.
  • Polygon’s daily active wallets grew 53%, becoming the second-largest gaming chain.
  • Yuga Labs’ gaming NFTs generated $153 million in trading volume.

According to a recent report from DappRadar, a leading tracker of decentralized applications (dApps), on-chain gaming activities have declined by 3.33% in March to 741,567 daily Unique Active Wallets (dUAW).

Despite this decrease, blockchain games still make up over 45% of the dApp industry activity in the first quarter of 2023.

One of the most notable findings in the report is the impressive growth of Polygon, which has become the second-largest gaming chain. The network saw a remarkable 53% increase in daily unique active wallets from the previous month.

The report also highlights the top games in Q1 2023. Alien Worlds dominated 66% of the WAX network activities with 223,945 average daily unique active wallets, while Splinterlands claimed 99% of Hive activity.

Additionally, Iskra and Hunters On-Chain by BoomLand were the best-performing games in March, boasting significant monthly on-chain usage growth of 708% and 15,497%, respectively. Virtual worlds also experienced substantial growth, with the trade count reaching a new high of 67,165 in March. Q1 ended with 143,735 land sales and a $350 million trading volume.

Furthermore, the report highlighted the impressive growth of Yuga Labs and their gaming NFTs, which generated a substantial $153 million in trading volume. Overall, investments in blockchain games and metaverse projects totaled $434 million in March, bringing the total for Q1 to $739 million.

Notably, investments in blockchain games and metaverse projects totaled $434 million in March, bringing the total for the year’s first quarter to $739 million.

The post On-chain Gaming Accounts for 45.6% of dApp Activities in Q1 2023 appeared first on Coin Edition.

admin

Previous Article
  • News

BITCOIN Is 300k the true potential of this Cycle

  • April 8, 2023
Read More
Next Article
  • Stocks

McDonald’s cuts pay packages for some employees – WSJ

  • April 8, 2023
Read More
You May Also Like
Read More
  • News

LG Display flags Q4 turnaround after 5th straight quarterly loss

  • admin
  • July 26, 2023
Federal Reserve Decision
Read More
  • News

Federal Reserve Decision – Expected Pause in June, Potential for July Rate Hike – Date: 13.06.23

  • admin
  • June 13, 2023
NZD USD Reaches Multi Week High Ahead
Read More
  • News
  • Forex Trading

NZD USD Reaches Multi Week High Ahead of US CPI Release – Date: 13.06.23

  • admin
  • June 13, 2023
EUR USD Await FOMC Meeting
Read More
  • Forex
  • News

EUR USD Await FOMC Meeting Irrespective of US CPI Data Commerzbank – Date: 13.06.23

  • admin
  • June 13, 2023
Binance US Counters
Read More
  • Crypto
  • News

Binance US Counters SEC’s Motion to Freeze Funds, Citing Failure of Claims

  • admin
  • June 13, 2023
Exchange Traded Funds
Read More
  • News
  • Forex
  • Forex Trading

Exchange Traded Funds (ETFs): A Comprehensive Guide to Investing and Profit Maximisation

  • admin
  • June 12, 2023
SEC Official
Read More
  • News
  • Crypto

Former SEC Official Predicts Impending DOJ Indictment Against Binance Date: 12.06.23

  • admin
  • June 12, 2023
European Consumer Organization
Read More
  • News
  • Crypto

European Consumer Organization Calls for Stricter Regulation of Crypto Promotion on Social Media Platforms – Date: 12.06.23

  • admin
  • June 12, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts
  • Eicher Motors shares surged following Jefferies’ bullish outlook and upgraded target price.
  • The USD/THB faces some side-line trading in the near term (UOB).
  • The euro extends its decline to fresh six-month lows near 1.0570
  • Bitcoin miners strategize for survival amid rising costs and upcoming halving
  • Awareness of non-banks as an option is on the rise.
SniperFx
  • Home
  • About Us
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
Forex & Crypto Updates

Input your search keywords and press Enter.