Key Takeaways
- It's no news that specific incidents hitting the crypto world affected many of its connected systems.
- Blockchain DApps experienced high levels of engagement in September, with some games reporting notable boosts in the number of active players.
It's no news that specific incidents hitting the crypto world affected many of its connected systems. Blockchain and crypto gaming weren't an exception. But despite all this, users still look for ways to participate in these platforms, and their activities prove that. Recent reports also reveal that September saw a boost in the number of users of decentralised gaming applications (DApps).
According to current reports, blockchain DApps experienced high levels of engagement in September, with some games reporting notable boosts in the number of active players.
Statistics from DappRadar show that throughout the last 30 days, seven of the ten leading games in terms of "unique wallet addresses engaging with Dapp's smart contracts" rose, with each of the leading five games showing a profit.
Read: Cardano Edges Closer to Make-or-Break Point
Blockchain gamers surge as users attempt 'stacking crypto," says DappRadar
The Web3 gaming platform Gameta, the blockchain-themed games Alien Worlds, Solitaire Blitz, Benji Bananas and Splinterlands, Farmers World, and Arc8 by GAMEE are among the DApps that are currently showing growth throughout the duration.
Eight of the top 10 blockchain games at the moment are mobile-only, according to a blog post from DappRadar published on September 27. It revealed that this development might potentially draw millions of people to the blockchain.
The report further expressed that games with Dapps, such as Gameta, Benji Bananas, Upland, and Trickshot Blitz, make it possible for anyone who owns a smartphone to earn cryptocurrency with hardly any training, cost, or investment.
It also added that when regular daily tasks like simple smartphone games are used as bait, consumers are guaranteed to have fun once they engage. Strong tokenomics can promote everyday use and retention.
Many would ask what the reason behind this sudden spike is. DappRadar answers it as the concept of "bleed in the bear and run in the bull." It brought this up as a potential explanation, among others, for the widespread fame of blockchain games despite market downturns.
The report supported this statement by expressing that at this time, it's nearly established that accumulating cryptocurrency and investing during a bad market will pay out during a bull market.
Only Axie Infinity, Trickshot Blitz, and Upland witnessed declines during the past 30 days among the ten leading games.
The rise in blockchain players this month coincides with reports from outlets like Bloomberg that suggest in an article published on September 28 that the highly connected NFT market trading frenzy is nearing its end. The article used the drop in overall NFT trading volumes of 97% since January as evidence of this reality.
Gods Unchained surpasses ten of the top NFT sales
In light of the recent incident, according to Cryptoslam, the card battle game Gods Unchained, based on NFT, has [experienced]https://www.cryptoslam.io/gods-unchained-immutable/sales/summary) a little increase in its NFT sales volume within the last 30 days, moving it up into the leading 10.
Gods Unchained's revenue reached $10.8 million at the time of writing, up 373.25% in 30 days. After an abysmal stretch from February to August, it has made history as it achieved $10 million in NFT sales for the first time in January.
There could be a reason for this since GameStop is offering free NFT packs to Pro members this month. A "Season 2" upgrade to the game or story could also explain it. A $70,000 prize pool was also announced at commencement this week for an esports competition.
According to DappRadar, Gods Unchained has gained 28.50% more users during the last 30 days, bringing its active users to 14,180. However, the game is currently ranked twenty-eighth, and it will take a while to climb to the top 10.
Do you think other reasons exist behind this sudden spike in blockchain games? Please share your thoughts with us in the comments section.
