Crypto Gaming UP, Metaverse Cooling OFF

Crypto Gaming UP, Metaverse Cooling OFF

Play To Earn Games | 23 Mar 2024 20:44 UTC

Crypto Gaming One of the Top Niches for Investors in 2022: Report.

The hype for crypto gaming is real and carries on with the momentum of 2021. According to a recent report by DappRadar and the Blockchain Game Alliance (BGA), the year 2022 shows promising signs for crypto gaming and crypto games developers.

Crypto Gaming UP, Metaverse Cooling OFF
Crypto Gaming UP, Metaverse Cooling OFF - DappRadar

Crypto Gaming

The crypto gaming niche is attracting a massive amount of investment and will continue to do so this year.

The report reads that the Q1 of 2022 saw crypto gaming amassing $2.5 billion in investments, and this figure will skyrocket to $10 billion before the year-end.

The figures cement the notion that crypto gaming is a key sector in the eyes of investors and will continue to remain. In 2021, the crypto gaming niche could manage only $4 billion in a whole year.

However, the trend is quickly gaining traction in the year 2022 and is seeing an influx of capital despite all the criticism and challenges.

The overall activity of blockchain has increased by a mammoth 2000% from Q1 2021 to Q1 2022. The number of blockchain gaming wallets is also on the rise with 1.2 million unique active wallets (UAW) in the previous month.

This means that the crypto games account for 52% of the total blockchain activity in the blockchain industry.

Metaverse cool off

As for metaverse, the hype and fire are cooling off after Q4 2021 when Facebook got rebranded to Meta.

Crypto Gaming UP, Metaverse Cooling OFF
Crypto Gaming UP, Metaverse Cooling OFF

The report shows that the trading volume has witnessed a gradual decrease of 12% to $430 million in Q1 2022.

Moreover, the metaverse projects like Decentraland and The Sandbox also suffer a decline in their digital assets by 40% from Q4 2021 to Q1 2022. In addition, the trading volume also dropped by 20% and 60% respectively for both metaverse platforms.

The report also sheds light on one of the leading blockchain games Axie Infinity.

Irrespective of the $622 million heist against the game, Axie Infinity was already suffering from a decline since 2022.

The game had over 55000 unique active wallets in January which decreased to 20000 UAW in March. The hacking attack took place on March 23rd and was detected until March 29th.

Despite all the negatives, the game is still one of the top crypto games out there with more than 1.5 million daily active users.

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Skyweaver - NFT Game Review

Skyweaver - NFT Game Review

Skyweaver is a blockchain-based online trading card game. The cards are non-transferable tokens (NFTs). It’s time to resurrect your childhood memories with this classic yet completely new card game. Skyweaver is a digital TCG experience, where you get to earn while you play! In turn-based combat, players utilize the cards to battle other players. Because it's a singleton game (meaning the cards are unique), you won't need to collect multiples of them like you would in the Pokémon Trading Card Game. Horizon Blockchain Games, the company behind Skyweaver, has raised over $3.75 million in funding headed by Reddit co-founder Alexis Ohanian. Horizon has taken its time with this game, with development beginning in 2019. The game was slowly launched, beginning with a private beta in 2021. The Open Beta began in February 2022, and anyone can participate. According to their press release, there have been over 2.2 million matches since the open launch. The game is 100% free to play, and leveling up unlocks 500+ base cards. There were no card pre-sales, so consumers could just go ahead and buy everything. There are three grade types and numerous features, the cards are distinctive, making gameplay dynamic and exciting. Moreover, it's not an auto battler!

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DeepSpace: Space Metaverse with a Twist - Game Review

DeepSpace: Space Metaverse with a Twist - Game Review

DeepSpace: A Space Metaverse with a Twist! Imagine a universe where your strategic decisions, combat prowess, and exploratory adventures can turn into real-world rewards. That's the captivating premise of DeepSpace, a blockchain-based metaverse game that's making waves in the gaming community. As someone who's navigated the intricate world of blockchain gaming, I can tell you that DeepSpace stands out with its unique play-to-earn concept. In this game, you're not just a player; you're a pioneer crafting civilizations, conquering territories, and venturing into uncharted cosmic realms. Blockchain Gaming Meets Space Exploration: Hosted on the BNB Smart Chain (BSC), DeepSpace is a 3D space-based metaverse that offers a rich tapestry of activities like spaceship trading, resource mining, and engaging battles. It's a blend of strategy, combat, and exploration, tailored for both the casual gamer and the blockchain enthusiast. DeepSpace Review: A Gamer's Perspective. Developed by Chainify Labs, DeepSpace elevates traditional gaming with its smart NFTs and Play-to-Earn mechanics. As a gamer who's seen the evolution of in-game economies, I find the integration of blockchain tech in DeepSpace particularly innovative. The game's Galactic Resource Exchange and the use of the native $DPS token add a tangible sense of achievement to your gaming exploits. Gameplay Experience: Every time I dive into DeepSpace, I'm struck by the depth of its gameplay. Owning and deploying NFT starships in a universe teeming with resources and opportunities feels genuinely exhilarating. The game's seven distinct planets, each with its unique challenges, ensure that your strategic skills are always put to the test. The Thrill of Exploration and Battle: From mining planets to engaging in high-stakes battles for dominance, DeepSpace offers a dynamic and rewarding gaming experience. The addition of Land Deeds as resource-generating NFTs is a game-changer, providing an avenue for passive income within the game. And let's not forget the asteroids – a consistent source of resources for the daring miners among us. Understanding DeepSpace's Tokenomics At the heart of DeepSpace's economy is the $DPS token, a linchpin that drives in-game transactions and rewards. With a total supply of 100,000,000 $DPS, this token is not just an in-game currency; it's a symbol of your achievements and efforts within the game. Community Enthusiasm It's not just me who's excited about DeepSpace. The gaming community is abuzz with anticipation. Comments like "Looking forward to this project launching!" and "hope I get a spot" are common. There's a palpable sense of excitement about the potential of flying spaceships and engaging in epic space battles. Dive into More Game Reviews If you're intrigued by DeepSpace, there's a whole universe of games waiting for you to explore. Check out our Games Overview pages, where we list hundreds of games across multiple genres. Whether you're into strategy, action, or exploration, there's a game out there for you. Visit our listings across pages 1 to 8, and find your next gaming adventure! Conclusion: The Final Frontier in Gaming DeepSpace is more than just a game; it's a foray into a new era of gaming where your skills and strategies have real-world value. Whether you're a seasoned gamer or a blockchain enthusiast, DeepSpace offers a unique and rewarding experience. It's a game that pushes the boundaries of what we've come to expect from the digital realm. So, are you ready to conquer the stars and reap the rewards? DeepSpace awaits!

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HoneyWood: Farm, Trade, Battle, and Earn- Game Review

HoneyWood: Farm, Trade, Battle, and Earn- Game Review

HoneyWood is a free-to-play NFT farming simulation game on an independent blockchain. Independent blockchain means low fees and a maximum capacity for fun gameplay. Initiated in the August of 2021, HoneyWood became the first play-and-earn NFT crypto game. HoneyWood Farm Simulation: It is a farming simulation game where you act as a bear that farms! The bear characters are NFTs and are tradeable as assets. The game revolves around bears who farmlands and breed bees for honey. The bears battle each other in 7x7 matches in the arenas. The game has PvP and PvE modes available. While, having all this fun, players can actually earn some money as a bonus. PvE mode is normally best for the newbies who can hone their skills and develop strategies for fighting with the bots. The players uses these skills against other players in the PvP mode which are 7x7 fight mode where players can win HoneyCoins. The HoneyCoins: The HoneyCoins are the major currency of the HoneyWood ecosystem. The currency lets you buy land, farm it, enter battle mode, etc. It can also be used to buy stuff from the marketplace like honeybees, plants, tiles for the fields, decoration items, etc. The second coin of the game is CONE which can be earned by planting trees. CONE will come in handy when rare items need to be bought or when staking the tokens for passive income. The developers hope to list these coins on major exchanges by the end of 2022. The game has a promising future considering the features it provides to gamers for a greater play-and-earn experience.

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Skyborne Legacy - Game Review

Skyborne Legacy - Game Review

The game Skyborne Legacy is set in a fantasy world where players can collect and raise their own unique creatures, known as "Skyborne," as they explore, battle, and work to uncover the mysteries of the world. Players will be able to use blockchain technology to trade and sell their Skyborne, as well as use them to compete in PVP battles. The game is being developed using the Unity engine and will be available on both PC and mobile platforms. With a focus on player choice and creativity, Skyborne Legacy aims to provide a rich and immersive gaming experience for players of all skill levels. You can build and customize your very own airships, sail through the skies, and discover new worlds. Join a clan or create your own to trade resources, strategize, and conquer. The game features a unique trading system where you can use your skills to earn resources and create rare items to trade with other players. Additionally, you can engage in epic battles against other players or take on challenging boss fights to earn rewards. The game features a variety of character classes and abilities to choose from, allowing you to tailor your playstyle to your preference. Skyborne Legacy Review: Skyborne Legacy is set to launch on multiple platforms, including PC, console, and mobile. Stay tuned for more information about the release date and features. Players will be able to explore, create, customize, and battle in the game. Each week, the game will offer new activities to discover, with seasons that reflect real life. This means that players can set their own pace and do what they enjoy most. Whether it's exploring the vast game world, building and customizing their own home, or engaging in battles with other players, Skyborne Legacy has something for everyone.

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PECland - Game Review

PECland - Game Review

PECLAND is a new WEB3 sandbox NFT social game that is fun for everyone. Players can make their own clothes, homes, and games, and they can also keep pets. PECland is a brand-new Web3 project that offers a platform with NFT games, social immersive, commercial, and creative features. It gives you a game where you can make your own choices and control your life in an alternate reality of the metaverse. In the game, you can build your own houses, clothes, and other things and change how they look. You can also meet new people, build relationships, plan parties, get married, and do other things. The interesting parts of the game's design make it more fun to play. Pecland can also get into the ENS domain, which lets people sign up for Web3 usernames. Players will be able to host parties, social gatherings, virtual concerts, and any other social activities you can think of using the platform. Additionally, the creators want to provide gamers a free island on which they can settle and construct houses. Pecland inspires users and gamers to invent, construct, and come up with works that are useful. Players will be able to do this and both enjoy the game and quickly earn money. How then does the economy of PECland operate? PECFriends, Pecland's core pass, holds the key to the solution.

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The Medieval Empires: Ertugrul - Game Review

The Medieval Empires: Ertugrul - Game Review

Medieval Empires: Ertugrul is a story-based game that allows players to experience the life and adventures of Ertugrul, a famous Turkish king. It is a great game for players who enjoy immersive, historical-themed gameplay. Experience the thrill of the hit TV series Ertugrul in a brand new way with The Medieval Empires: Ertugrul, a blockchain game that brings the story of the real Turkic king to life. Follow the origin of the Ottoman Empire and play your way through immersive, historical-themed gameplay as you collect and trade non-fungible tokens (NFTs). Don't miss out on the Ertugrul phenomenon that has taken the world by storm - join the ranks of devoted fans and immerse yourself in the exciting world of The Medieval Empires: Ertugrul. The Medieval Empires: Ertugrul brings the popular TV series to life in a new and exciting way, with Engin Altan reprising his role as Ertugrul Gazi, the leader of the Kayi tribe. The game's storyline follows the epic battle between Ertugrul and King Edward I of England. Collect and trade non-fungible tokens (NFTs) as you journey through the immersive, historical-themed gameplay and experience the thrilling adventures of Ertugrul for yourself. Join the ranks of devoted fans and explore the world of The Medieval Empires: Ertugrul today. The Medieval Empires: Ertugrul Gameplay: The Medieval Empires: Ertugrul is a game that allows players to explore a vast world, lead their forces, and build an empire. Players can choose to become part of one of four tribes or factions, including the Kayi Tribe (Turkic), the English Crusaders, the Mongol Hordes, and the Mystery Faction, which has yet to be revealed. The gameplay involves battling and raiding other factions to earn cash and emerge victorious. Join the ranks of devoted fans and experience the thrill of building an empire in The Medieval Empires: Ertugrul. The building of an empire in The Medieval Empires: Ertugrul is a gradual process that requires players to have well-equipped and trained forces. This can be achieved by participating in various campaigns and battles throughout the game. As players progress and gain experience, they will be able to upgrade their forces and increase their chances of success in the game.

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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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