Crypto Gaming Count For 59% Investments

Crypto Gaming Count For 59% Investments

Play To Earn Games | 09 Mar 2024 10:07 UTC

Crypto Gaming is still hot, was and will be!

It not only shows in a variety of researches and data, but every day I am talking to game developers that are working on new games. Sure, some will fail, but that has been the case all along in gaming all-over.

What is proof for me, is the current growth I am seeing with my own startup W3 Play. Since we have launched blockchaingames.com, findplaytoearngames.com (both are testphase) and PlayToEarnGames.com, our number of unique visitors have been staggering. Every day we see more people reading up on crypto games. Content is king!

Crypto Gaming - Play To Earn

And we are still working on 50+ other domains for localization and niche offerings, and is our V2 is development where we give the power to the gaming community. Everything focused to talk, play and share stuff around Crypto Games. Community is emperor!

And so today’s article is about investments in Crypto Gaming.

Despite the severe crypto winter, there is still a sub-sector niche that is braving the storm all alone. Crypto downturn has had a severe impact on the general interest levels in the crypto world and digital ownership domain.

However, according to a recent report by Delphi Digital, one of the niches is unfazed and investors and venture capitalists continue to pour in money. It still remains the beacon of attention and has stood strong, the niche is crypto gaming.

According to the report, the interests of investors and venture capitalists haven’t faded but continue to grow despite the massive decrease in total worth.

The upward trend started in Q1 of 2021 and continued to grow till Q1 of 2022. A slight decrease is evident in Q2 of 2022, but it is fractional and still more than Q3 of 2021 in terms of deals value.

Moreover, the number of deals is at an all-time high reaching more than $1.6 billion in Q2 of 2022. Furthermore, the data shows the amount of investment the gaming sector enjoys.

Crypto Gaming - Play To Earn

According to the data, in 2021, a whopping $3 billion worth of investment was received from the private market. However, a slight decrease in the first of 2022 takes it to $2.9 billion with $1.7 billion and $1.2 billion in Q1 and Q2 respectively. But the significant point here is that it accounts for 56% and 59% of the total investments in the gaming industry.

Besides the rising investments, Dapp Radar suggests that the gaming sector is and will remain an essential part and support for blockchain technology.

The gaming sector uses 50.51% of blockchain usage month over month. Moreover, the blockchain games account for 47,230 new unique active wallets every day along with $698 million worth of transactions.

Although the reports are promising, the decrease is also evident in the reports. The gaming sector suffers a decline of 6% in August when compared to July. But still, the figures are phenomenal in the age of crypto winter and represent a solid value for the industry.

If you are interested in staying up to date with the latest gaming news, we recommend visiting our news page. Here, you will find a variety of information on blockchain and web3 games, as well as other gaming-related topics. Additionally, for game reviews, we invite you to visit our games page. Thank you for taking the time to read this!

Gaming News Of Video Game Consultant;

Every day the latest video game news about the gaming industry. Video games news on NFTs (non-fungible tokens, NFT, NFT’s), Play to Earn (P2E/Play-to-Earn), crypto games and cryptocurrencies, gaming guilds, Metaverse, VR, AR, AI, Virtual Worlds, Avatars, Digital Assets, In-game digital currencies, Web3 development, Blockchain-based video games and its transactions and payments in the games.

Entertainment and all the big tech companies and technology behind it. Hyper Casual Games and the game studios that lead the way. Mobile games, PC games, and Console Games and their vision on cloud gaming, streaming, esports, and gamer communities. Online digital entertainment like movies, music, concerts, art, and top brands such as fashion and much more that connect with video games in the metaverse.

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Carrom Blitz: Play for $RLY Tokens - Android Blockchain - Game Review

Carrom Blitz: Play for $RLY Tokens - Android Blockchain - Game Review

Carrom Blitz is an innovative Android game developed by Joyride Games, designed to breathe new life into the traditional Carrom game experience. This free game, available on the Flow Blockchain, introduces exciting gameplay and the opportunity to earn $RLY rewards. Inspired by the success of Joyride Games' previous titles like Trickshot Blitz and Solitaire Blitz, Carrom Blitz reimagines the classic Carrom game by incorporating blockchain elements. Carrom, a beloved indoor pastime in India and Southeast Asia, is a popular game enjoyed by families and clubs during social gatherings. Joyride Games recognized its substantial user traffic, particularly in Southeast Asia, and decided to create Carrom Blitz to cater to the region's love for this iconic game. In Carrom Blitz, players can acquire Tickets through special events and daily challenges, which reset at the end of each season. These Tickets can be used in both Seasonal and Special events, offering opportunities to win valuable $RLY Tokens. The game also rewards players with Boosters for achieving milestones, with each Booster having a specific expiration time. The XP Booster doubles the experience points earned, while the Coin Booster doubles in-game coin accumulation. Coins serve as entry fees for various gameplay formats and can be earned through activities like watching ads, referring friends, and actively participating in matches. The gameplay in Carrom Blitz is diverse, offering various match formats and competitive opportunities for players. The game's elegant interface features authentic trick shots reminiscent of real Carrom matches. With tournaments, leagues, and weekly challenges, players have thrilling avenues for competition. Matchmaking ensures fair matchups by pairing players with similar skill levels. Matches involve the strategic task of pocketing seven white pucks and the coveted red puck (Queen) to secure victory. Players control a Striker using a slider at the screen's base, carefully aiming shots to outmaneuver opponents. Each pocket on the board has a specific point value, contributing to a player's score when a puck is successfully pocketed. Missed shots result in the loss of a Striker. Additionally, players can earn bonus points by executing masterful trick shots quickly. As players progress in XP levels, they unlock Carrom Blitz contests, adding to their sense of accomplishment. Successful matches reward players with coins, tickets, and coveted $RLY tokens. In Carrom Blitz, $RLY is a tangible digital currency that enables players to challenge opponents and win substantial prizes within the game. It is an ERC-20 utility token built on FLOW blockchain technology.

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Blocklete Golf - Game Review

Blocklete Golf - Game Review

You can buy a golfer, which is a ethereum NFT, from another player or from the marketplace in Blocklete Golf. You'll then compete in events or challenges for Medals that will help you improve your golfing talents. Your golfer will be easier to utilize in tournaments and future events if he or she has a higher rating/talents. You will be able to designate your golfer as a trainer in the future, and other gamers will pay you to train their golfers. As you can see, Blocklete Golf will offer a variety of options to generate money. The golfers are Ethereum Non-Fungible Tokens, which means that once you buy one, you own it, unlike characters or things in other games. This provides you the option of selling it on other NFT marketplaces or using it in future games. On the site's marketplace, you may buy and sell golfers. Golfers can be bought with Ethereum, as well as a debit or credit card. Other NFT marketplaces, like as open sea, allow you to purchase and sell golfers using Ethereum and other cryptocurrencies. You can even try out the golfers before you buy one, as shown in the image below. You can browse the events tab and compete in daily and weekly skill challenges after purchasing your golfer. You will earn medals for participating in these events, which will be translated into skill points for your golfer. When you click on an event, you'll be able to see what kind of medals you can win as well as all of the challenge's information. To earn the extra medals, complete the Bonus Challenge for each event. You may also check out the Leaderboard to see how many medals you'll receive for each position.

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Tales of Elleria - Game Review

Tales of Elleria - Game Review

"Tales of Elleria" (TELL) is a 3D GameFi (Game Finance) RPG that exists within the Arbitrum One ecosystem. It offers an immersive role-playing experience, allowing players to summon heroes, undertake missions, go on quests, and explore uncharted territories. The game is set in the world of Elleria, which was once a thriving land but was devastated by a colossal dragon named Ignacio. However, the Goddess of Elleria, Elysis, intervened and subdued Ignacio, leaving behind a prophecy. Players take on the role of citizens of Elleria who can summon heroes and use Ellerium, a valuable resource, to defend the city from impending monster threats and fulfill the prophecy. Gameplay in "Tales of Elleria" involves heroes embarking on missions to earn Medals, which enhance heroes, enable quests, and improve equipment. Players must battle formidable monsters to collect resources and rewards. The ultimate goal is to unite with other players and vanquish Ignacio, who resides in an uncharted lair. Summoning heroes is a crucial process that involves integrating them into the player's MetaMask wallet and binding their souls to bring them into the game. The game features 10,000 Genesis heroes with different classes (Warrior, Assassin, Mage, Ranger) and rarity levels. Heroes can be equipped with gear and possess unique skills, which add complexity and diversity to combat. Traits, though currently preset, affect hero behavior during quests. Quests are essential for progression, yielding Elm, Medals, and NFTs (Non-Fungible Tokens). The in-game economy of Elleria relies on various tokens and NFTs, including Heroes, Equipment, Drops/Relics, $ELLERIUM (ELM) as the primary currency representing the Goddess's blessing, and $MEDALS as a supplementary token for daily transactions within the City. The community response to "Tales of Elleria" has been positive, with players expressing excitement and anticipation for the game's release. Some have been following the game's development since the beginning and have shown strong support. In summary, "Tales of Elleria" is a GameFi RPG set in the Arbitrum One ecosystem, offering players the chance to explore the world of Elleria, summon heroes, and engage in epic quests to protect the city from looming threats. The game's tokenomics and unique gameplay elements have garnered interest and support from the gaming community.

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Cosmic Isles - Game Review

Cosmic Isles - Game Review

Cosmic Isles is the ultimate metaverse-based, play-to-earn RPG game where both developers and the community can create games and experiences. Here, players have the opportunity to build and shape the metaverse of their dreams, with an emphasis on player-driven content and earning opportunities. The game offers an unparalleled level of player creativity and community involvement, making it a unique and highly engaging gaming experience. Players will set out with their Cosmic Avatars to gather resources so they can start arming themselves.

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WaveLings - Game Review

WaveLings - Game Review

"WaveLings" is a unique game that introduces artificial intelligence (AI) companions to non-fungible token (NFT) characters in order to enhance the gameplay experience. These AI companions assist the player's NFT characters in various ways, such as providing support in battles or offering special abilities. The use of AI companions is a novel idea that is likely to add an interesting dynamic to the game's mechanics. "WaveLings" is a massively multiplayer online (MMO) game that is built on the Enjin blockchain ecosystem. The game features a fully realized virtual world for players to explore and complete tasks and quests in order to earn points, ranking, and cryptocurrency. "WaveLings" was developed by Axana Games, a studio specializing in creating engaging and immersive gaming experiences. The game's use of blockchain technology and focus on completing tasks and quests to earn rewards is likely to appeal to many players. WaveLings Gameplay: In "WaveLings," players are immersed in a futuristic, fictional world where blockchain technology has brought about a utopian society. The game allows players to buy or earn parcels of land that can be used for farming new resources and making investments. These land parcels are tradeable tokens that can be exchanged or sold on the EnjinX marketplace and other marketplaces. Players can also use their land parcels to advertise real-life products and create non-fungible tokens (NFTs) out of them. The game's dynamics involve players joining giant corporations that determine their friends and foes, adding an element of social interaction and competition to the gameplay experience. "WaveLings" has partnered with the Enjin platform and uses the ERC-1155 token on blockchain technology. Enjin's Efinity sidechain, which operates on Ethereum, provides the security and protection needed for games like "WaveLings." Efinity is not a blockchain, but rather a sidechain that is connected to the main Ethereum blockchain. This connection allows Efinity to offer many of the same benefits as the Ethereum blockchain, such as security and decentralization, while also providing additional scalability and performance advantages. Overall, the use of the ERC-1155 token and the Efinity sidechain helps to ensure that "WaveLings" is a secure and stable platform for players to enjoy.

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The Nemots - NFT Game Review

The Nemots - NFT Game Review

Welcome to The Nemots, the new collectible card game from Playful Studios! Formerly known as Wildcard, "The Nemots" is the first installment in the Wildcard Alliance game series on the WEB3 platform. This high-energy battle arena game is designed for players of all skill levels and offers a unique play-to-earn gaming experience. As you collect and battle with your cards, you'll be immersed in a world of power and magic, inspired by rich lore and glorious storytelling. With "The Nemots", you'll be able to aim for glory and earn real rewards as you master the game. So why wait? Join "The Nemots" today and start building your collection of powerful cards. Who knows – with a little luck and skill, you could be the next champion of the Wildcard Alliance! Nemots Preface: Get ready to travel back in time to the 80s with Nemot Legends, the action-packed arena-style battle royale game from Playful Studios. In Nemot Legends, a strange green energy beam has caused chaos and given birth to celestials – strange NFT creatures that are a fusion of everyday objects and animals. As you collect and battle with these wildcards, you'll be able to summon powerful and mythical creatures called nemots, each with their own unique supernatural powers. But that's not all – Nemot Legends features high-quality graphics that will keep you hooked from start to finish. Whether you're a seasoned gamer or a newcomer to the scene, you'll be able to enjoy a thrilling and immersive experience in this retro-inspired world. So why wait? Join Nemot Legends today and start collecting and battling with your own collection of wildcards and nemots. It's time to become a legend! The Nemots Tournament and Gameplay: The Nemots is a decentralized, immersive, and all-inclusive NFT gaming platform that allows players to earn money while having fun. The game is being led by industry veterans with rich experience, including the development of popular titles like Orcs Must Die and Age of Empires. It is also supported by reputable blockchain technology companies like Polygon and Paradigm.

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Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
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