The web3 Industry Witnesses A 40% Rise In Daily Unique Active Wallets
The landscape of the web3 industry is currently experiencing an unprecedented surge, marked by a 40% increase in daily Unique Active Wallets (dUAW), elevating the figure to an impressive 10 million. This growth spurt is in no small part owing to the vibrant domain of blockchain gaming, which alone accounts for 2.8 million dUAW. Signifying a 33 percent incremental rise, blockchain gaming now represents 28 percent of all dUAW within the web3 ecosystem.
Driving this phenomenal growth are key blockchains such as Ronin and Polygon, with Ronin's dUAW peaking at 1.9 million and Polygon boasting a 28% growth, reaching 1.5 million. NEAR and Klaytn are not far behind, with NEAR experiencing a nearly doubling growth of 98% to 1 million dUAW and Klaytn soaring by a staggering 305% to approximately 700,000 dUAW. Moreover, Nebula - a part of the SKALE Network - has seen its active users grow by 18%, reaching nearly 586,000 dUAW.
Remarkably, the second quarter of this year was illuminated by the performance of several high-profile blockchain IPs. Leading the charge in daily Unique Active Wallets are game-changers such as pixels, Sweat Economy, and World of Dypians, amongst others. Notably, pixels commands the leaderboard with an average daily dUAW of 534,000, followed by Matr1x, which not only captivated users with an average dUAW of 374,000 but also launched the innovative Matr1x Apollo Program.
Major nft Sales Leads To The Blockchain Sector Growth
The blockchain sector's growth trajectory is further emboldened by significant sales in the non-fungible token (nft) arena. This was evidenced by the remarkable success of Square Enix in developing and minting 1,500 nft characters for the story-driven web3 game, Symbiogenesis. This initiative culminated in a highly anticipated three-day auction, highlighting the burgeoning demand for unique digital collectibles within the ecosystem.
Established games such as Gods Unchained and Axie Infinity continue to dominate nft sales, reflecting the sustained interest and investment in blockchain-based gaming. Guild of Guardians, in particular, has emerged as a noteworthy contender, having launched on major mobile platforms and embarking on its Act 2: Guardians Unite event, signaling a broader acceptance and support for blockchain games incorporating nft elements.
Interestingly, April of this year marked a significant milestone with a substantial $988 million investment in the sector, heralding the most robust quarter since the early days of the last bull run. Despite a slight dip in May, the enthusiasm and financial commitment to blockchain gaming remained undeterred, ultimately underscoring the sector's resiliency and its promising outlook for continual growth and innovation.
As we reflect on the achievements of the second quarter, it becomes evident that blockchain gaming stands at the cusp of greater expansion within the web3 domain. Surpassing the $1.1 billion investment threshold not only signifies a noteworthy accomplishment but also projects an optimistic future trajectory for this intertwining of gaming and blockchain technology. The forthcoming period is poised for more development, solidifying the sector's position as a cornerstone of the digital innovation landscape.
