Blockchain Gaming Most Active Segment

Blockchain Gaming Most Active Segment

Play To Earn Games | 24 Mar 2024 11:39 UTC

According to the Global Gaming Report 2022 by Drake Star, the gaming industry saw significant growth in 2022 despite economic difficulties. The entertainment sector, in particular, experienced tremendous success with impressive numbers..

In 2022, the gaming industry generated an impressive $127 billion through 1320 deals announced and closed. This figure includes Mergers & Acquisitions, Public Markets, and PP. The most notable deal was Microsoft's acquisition of Activision, despite the controversies surrounding it. Additionally, Take-Two acquired Zynga, Unity acquired ironSource, and Sony acquired Bungie. The industry also saw significant investment, with companies such as EPIC Games and the blockchain sector raising large sums of money. Download the report.

Record-Breaking Deals and Promising Growth in the Gaming Industry in 2022

The year 2022 saw a number of significant deals in both Mergers and Acquisitions and Private Financings. M&A value experienced a marked increase of 3 times compared to 2021, reaching a total of $102.3 billion. The PC and console gaming led with 83 deals, followed by platform tools with 75 deals. Mobile gaming also saw a significant number of deals, totaling 75. The overall deal volume remained consistent throughout the year. In the blockchain gaming sector, there were 17 M&A deals.

In terms of private placements, a total of 938 deals were completed, amounting to $11.1 billion. The blockchain gaming sector had the highest number of deals, closing 405 deals with a total value of $3.9 billion. PC and console gaming followed with 123 deals, and mobile gaming had 152 deals. Within the blockchain gaming and NFT gaming private placements, Animoca Brands was the top performer. In 2022, Animoca Brands' deal value reached $358.9 million with a total valuation of $5358.9 million. The company's investors included Liberty City, Sequoia, and Mirae Investment. Other notable companies in this field include Immutable, LootMogul, LimitBreak, and Sky Mavis, among others.

blockchain gaming, gaming industry, 2022, 2023, predict, report, drake star
Drake star Report

Key Takeaways of Q4 of 2022

In the fourth quarter of 2022, M&A activity remained consistent and saw Meta making several acquisitions of VR game developers such as Camufloj, Armature Studio, and Twisted Pixel. These developers have contributed to popular VR games like Resident Evil 4 VR and Iron Man VR.

Furthermore, video streaming giant Netflix ventured into gaming by purchasing Cozy Grove and SpryFox, the developer of Alphabear. Other notable M&A activity in Q4 includes Google's acquisition of AI avatar company Alter for $100 million, Playstudios' acquisition of mobile game developer Brainium for $93 million, Keyword Studios' acquisition of Helpshift for $75 million, and Fandom's acquisition of Gamesport, Metacritic, Giant Bomb, and others for $55 million.

In terms of fundraising, the blockchain gaming industry saw Horizon raise $40 million. Traditional gaming companies also had a successful year, with Fenix Games raising $150 million with the intention of using the investment to bring blockchain games to market. Another major fundraising was Homa Games, which raised $100 million in a Series B round led by venture capital firms Quadrille Capital and Headline.

In addition to fundraising, there were also several gaming companies that went public in 2022. Wemade, a blockchain gaming company, raised $50 million through its public offering. Infinite Reality also went public through a SPAC deal with Newbury Street acquisition company. Similarly, Snail Games also made its public debut on Nasdaq with a $190 million valuation, raising $15 million.

blockchain gaming, gaming industry, 2022, 2023, predict, report
Drake star Report 2022

The gaming industry had a total of 76 deals announced in Q4 of 2022, resulting in $721 million in disclosed deal activity. The PC and console sector had 15 deals and blockchain gaming had 9 deals. North America had the most deals with 31, Europe had 25, and Asia and other regions had 20 deals.

What does the 2022 Gaming Report Predict about 2023?

The report predicts that the gaming industry will continue to see diversification, consolidation, and investment, but at a slower pace. The focus in 2023 will be on AR/VR and AI technologies, but there is also expected to be a significant amount of activity in M&A, particularly within the mobile gaming sector.

The report also notes that Embracer, Sony, Microsoft, Tencent, and T2 will continue to be major acquirers in 2023. Furthermore, the blockchain gaming sector is expected to see an increase in high-quality games as the $13 billion raised in 2022 is utilized. The report predicts that we will see a first consolidation phase in blockchain gaming this year. Overall, the report highlights many positive developments for the gaming industry as a whole and the blockchain gaming sector in particular.

The blockchain sector is also introducing new technology and methods to curb the problem of losing funds via hacking and or personal error. Check out our article on Account Abstraction and how this technology can work in the best interest of investors.

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Anomura: Dive Into the RPG That's Healing the World - Game Review

Anomura: Dive Into the RPG That's Healing the World - Game Review

Let me tell you about something exciting I recently discovered: Anomura. It's not just any game, but a groundbreaking strategy role-playing game that has genuinely piqued my interest. As someone who loves gaming and cares about the environment, Anomura stood out as a unique blend of fun, technology, and purpose. The Unique Concept: Play, Earn, and Contribute: The "Play to Earn" and "Play to Donate" Model. Anomura introduces a remarkable concept in the gaming world: "play to earn" and "play to donate." It reminds me of when I first learned about charitable giving through gaming – it was a novel idea that turned a leisure activity into a meaningful pursuit. Anomura takes this a step further by integrating blockchain technology and NFTs, offering a dual benefit – entertainment and the opportunity to contribute to environmental conservation. Making a Difference with Every Game: What really gets me excited about Anomura is its focus on making a positive impact. The game allows players to donate their in-game rewards to real-world environmental initiatives. It's a powerful way to engage with a game beyond just personal enjoyment. The Core of Anomura: A Deep Dive into the Gameplay: Tactical RPG Meets Blockchain Technology. Anomura is not just a game; it's an educational journey into the world of decentralized finance (DeFi). It cleverly uses the gaming platform to introduce players to concepts like staking and liquidity pairing. This approach is reminiscent of how I first learned about cryptocurrency – not through dense articles, but through engaging, interactive experiences. The Anomura Mystery Bowl: A Unique NFT Experience: The heart of Anomura lies in its 2,000 pixelated crab NFTs, residing on the Ethereum blockchain. These aren't just digital assets; they represent a secure and authentic part of the game's universe. For both seasoned gamers and blockchain novices, this aspect of Anomura offers an intriguing entry point into the world of NFTs. Anomura's Gameplay: An Immersive Experience Guardians of the Universe and the Infinity Circle Imagine being a guardian of the universe, where each character you own has unique characteristics and habitats. This is the reality in Anomura. The game's depth is fascinating – every anatomical part of your character could range from common to legendary, impacting your gameplay strategy. A Path for Every Player: Earn, Donate, or Simply Enjoy What I love about Anomura is its inclusivity. Whether you want to play for earning, donating, or just for fun, there's a path for everyone. It's rare to find a game that offers such flexibility while also promoting a greater cause. Ocean-Positive Gaming: A Step Towards Sustainable Crypto Anomura isn't just a game; it's a statement in the world of cryptocurrency. By partnering with SeaTrees' REDD+ initiative, Anomura aims to offset the carbon footprint of its Ethereum transactions. This commitment to sustainability is a big leap forward in making the crypto world more eco-friendly. Exploring Realms and Embarking on Adventures The game unfolds across four realms: Ocean, Earth, Science, or Sky. Each realm offers unique challenges, boss fights, treasure hunts, and character unlocks. This variety ensures that every gaming session is fresh and exciting. Conclusion: Anomura - More Than Just a Game Anomura is a rare find in the gaming world. It offers a rich, engaging experience while also educating players about blockchain and DeFi. But, more importantly, it provides a platform for gamers to contribute to environmental conservation. Whether you're a gaming enthusiast, a crypto-curious individual, or someone passionate about the environment, Anomura is a game that deserves your attention. So, are you ready to dive into the world of Anomura? It's not just about playing a game; it's about being part of a movement that combines the thrill of gaming with the power of positive change. Let's game for a better world!

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Guild of Guardians - Game Review

Guild of Guardians - Game Review

Guild of Guardians is one of the most anticipated blockchain games. The game is in its pre-registration phase so there is a lack of information about it as of now. However, players have the option to join the emailing list, pre-registration, and earn rewards. What is known is the fact that Guild of Guardians is the very first in AAA blockchain-based games and will set a benchmark for future games to come on blockchain technology. Anyone that owns a smartphone can play it because it is a mobile RPG. Players can craft important in-game gadgets and new heroes to sell for paper currency by gathering resources. The blockchain gaming play to earn concept is gaining traction, as it empowers players like never before. Moreover, it will also be a free to play game and developers say players will earn based on skill rather than the pay-to-win scheme. In contrast to being a single-player game, Guild of Guardians focuses on the formation of guilds. Guilds allow players to contribute to the overall development of their community. Collaboration is also essential to assemble the greatest 'guardians' and deal with the in-game content, which becomes more difficult as players progress. Guild of Guardians Currency: Gems, the game's in-game currency, is won and tradable with other players, giving the game an extra layer of value. Moreover, thanks to the partnership with Guardians Corporation, it is said to be the first mobile game developer to create an in-game currency tradable.

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Time Shuffle Game - Turn-Based RPG on Avalanche Blockchain

Time Shuffle Game - Turn-Based RPG on Avalanche Blockchain

Time Shuffle Game is a turn-based RPG set on the Avalanche blockchain, offering players a unique experience in a multidimensional time-traveling universe where heroes engage in battles across historical eras. TimeShuffle is an ambitious Play and Earn game that operates on the Avalanche Blockchain. It immerses players in a multi-dimensional universe featuring time travel, squad-based battles, and competitive player-versus-player (PvP) elements. The game places a strong emphasis on gameplay and aims to pioneer the Web3 Play and Earn gaming space by redefining traditional gaming norms. In TimeShuffle, players strategize in battles, evolve and crossbreed heroes to create powerful, one-of-a-kind super units, all while enhancing the value of their non-fungible tokens (NFTs). The Hero Skill Tree adds complexity through professions and AI-driven skill development. The Time Shuffle team boasts over 30 years of experience in the gaming industry and has received substantial support from Avalanche ecosystem partners. TimeShuffle aims to offer players an exciting time-travel narrative where historical figures like Einstein and Cleopatra evolve into formidable entities. Additionally, it introduces players to NFT and token elements within a free-to-play framework. The game's storyline is set in a future where time travel has become a reality, leading to a conflict between two factions. One faction seeks to reshape the past for personal gain and global domination, while the other strives to preserve the timeline. A breakthrough discovery by researchers, led by HEXAGON Corp, involving an ancient artifact with extraterrestrial elements and quantum particles, leads to significant advancements like flying cars, gene editing, and renewable energy sources. However, a rogue scientist from HEXAGON Corp abuses time travel to alter history for his own rule, sparking chaos as others join his quest for power and wealth. In response, HEXAGON Corp forms the "Time Keepers," an elite time travel unit tasked with thwarting the scientist's agents, known as "Time Breakers," and safeguarding the timeline. Gameplay in TimeShuffle promises to be user-friendly. Players find themselves in an alternate universe populated by intriguing replicas of historical figures, each possessing unique powers guided by TimeShuffle's advanced algorithms. Character breeding and fusion add depth as merged heroes grow stronger, offering limitless possibilities and potential NFT sales on TimeShuffle's marketplace. This dynamic system creates a wide array of NFT assets, heroes, and skill enhancements, ensuring an engaging journey for players. Strategy plays a pivotal role in both player-versus-environment (PvE) and player-versus-player (PvP) encounters, from base construction to soldier development and battle leadership. Gamers have the flexibility to engage in AI-controlled or real-time conflicts. The choice of faction at the beginning of the game influences in-game progress and fosters community competition. NFT holders can enter the PvP Arena and stake their assets in battles, adding an exciting competitive dimension to the experience. In terms of tokenomics, TimeShuffle's foundation includes the $TIMS governance token and the $GOLD in-game token. These tokens empower users to shape the game and its evolution through forum-based governance. The community response to TimeShuffle's alpha version and the introduction of gold skins for founders has been positive, with users expressing enthusiasm for the game's character design and features. However, it's important to note that the article does not specify whether the game has been released at the time of the review.

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Colonize Mars - Game Review

Colonize Mars - Game Review

Colonize Mars is a blockchain simulation that is powered by WAX. It combines strategy, exploration, and non-fungible tokens (NFTs) to make an exciting game about starting a life on Mars. Colonize Mars is a dynamic blockchain simulation game where players use their NFTs to go on a journey of managing resources, exploring, and playing mini-games that test their skills. With a simulation that keeps going and changes in Mars time, you can make your own path. You can also choose to become a famous Martian explorer who leads expeditions and makes discoveries that change the world.

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Cryowar - Game Review

Cryowar - Game Review

CRYOWAR is an exciting NFT game built on the Solana network using Unreal Engine. It combines real-time multiplayer PVP arenas with blockchain features like DAO voting, NFTs, and decentralized finance (DeFi). CRYOWAR is an exciting PVP arena NFT game for multiple players that runs on the Solana network and is powered by Unreal Engine. In the huge Sci-Fi-Medieval game world, players fight fierce battles in many different realms. Also, CRYOWAR is a test of skill in which players compete for resources, territories, and the right to rule the whole world. The journey gives one-of-a-kind chances to defend one's realm and earn big rewards at the same time. The leaderboards will only be ruled by the most powerful players. CRYOWAR is currently being made for PC, iOS, and Android, so that it can be played with other people on all three platforms.

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SuperWalk: Blockchain Move-To-Earn Fitness Token Platform - Review

SuperWalk: Blockchain Move-To-Earn Fitness Token Platform - Review

SuperWalk is a blockchain-based Move-To-Earn service that rewards individuals for physical activity like walking and running. The platform was developed after nine months of research on user behaviors and exercise patterns through the Proground running app. SuperWalk aims to promote physical activity on a broader scale by merging token rewards with gaming elements, creating incentives for healthier lifestyles. The platform offers two modes: Basic Mode for non-NFT owners to earn $WALK tokens by meeting step goals and Pro Mode for shoe NFT holders to earn $WALK and $GRND tokens through walking and running. These shoe NFTs have unique designs and upgradeable stats. SuperWalk operates on a Dual Token Model with Utility Tokens ($WALK) for app engagement and Governance Tokens ($GRND) for project decision-making, ensuring a sustainable token economy. Anyone interested in a healthier lifestyle can participate in this innovative endeavor.

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Chronos: Dawn of Time - Game Review

Chronos: Dawn of Time - Game Review

Chronos, a 2D action RPG set in a post-apocalyptic world, requires battling fierce enemies and building an empire while exploring the dawn of time in an NFT-based economy. Chronos is a multiplayer, side-scrolling RPG set in a post-apocalyptic world where players interact in a social hub, venture through portals for matches, and engage in various game modes like team PvP, survival arena PvE, and mixed PvE/PvP battles. By playing matches, they earn crafting resources and Dark Aether tokens, but their characters have limited energy that refills gradually. To enhance their characters, players can spend crystals on stat upgrades and skill points for special abilities. Equipping weapons and armor is vital, with NFT items offering durability. Travelers, the NFT avatars, come with stat boosts. Players can explore dungeons, craft NFTs, and use in-game currency for Ethereum rewards. The project, still in early stages, promises a fun and engaging old-school 2D RPG experience. Chronos stands out with no crypto token, but NFTs are integral, and the gameplay draws inspiration from classic games, challenging players to survive obstacles and defeat monsters using a variety of weapons and crafted items. The heart of the game lies in these digital avatars known as Travelers. Arriving on Earth with unknown origins, they strive to survive and unravel the surrounding mysteries. Travelers encompass diverse forms, such as humanoids, cyborgs, and magic wielders, each possessing unique characteristics and skillsets for crafting, upgrades, and dungeon adventures.

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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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