The Web3 gaming sector went down along with the whole market as tariff wars and macroeconomic uncertainty continued.
TL;DR
- GameFi and overall market down due to macroeconomic uncertainty
- Bitcoin drops below $80K, nearing pre-election levels
- Nifty Island launches AI-powered interactive agents
- Immutable partners with TOKYO BEAST
- GTP War partners with Versus
Introduction
No surprises over the last seven days. The Web3 gaming sector went down along with the whole market as tariff wars and macroeconomic uncertainty continued.
Bitcoin sank under $80K while getting closer to pre-election levels, and the Fear & Greed Index went to 10 even with so much bullish news in the crypto market, like the SEC dropping its case against Coinbase.
Market Overview
The GameFi market cap started at $15.11 billion, dropped to $12.51 billion, then bounced and ended at $13.45 billion over the last seven days.
The yearly decline continued but hope remains that the release of any anticipated AAA game like Off The Grid and World of Dypians could trigger a rally that would melt faces!
The only gaming token that decided not to follow the sideways crowd was VON, which went on a moon mission and soared over 300% during the last week.
Source: CMC
According to DeFiLlama’s Narrative Tracker, GameFi was ranked fourth and outperformed Bitcoin Solana, Ethereum and memes. Probably too soon to start the party, but Web3 gaming has not had its run yet. Just saying!
Top Coin Movements
Well, well, well, we finally got the direction confirmed but unfortunately not the one our hopium dealer promised us. Down bad, bruv!
Source: CMC
Top Gainers:
- Binary X (BNX): +1.24%
Top Decliners:
- Echelon Prime (PRIME): -28.58%
- Ronin (RON): -25.78%
- SuperVerse (SUPER): -24.53%
- Axie Infinity (AXS): -21.44%
- The Sandbox (SAND): -20.24%
Web3 Gaming Activity This Week
Ronin Network is booming as 14 new games joined them in the last week.
The Wardens have partnered with Immutable as one of their gaming guild partners.
Animoca Brands has joined the MultiversX ecosystem as a validator and ecosystem contributor.
GameFi’s adoption has slowed down a tad over the last seven days but it’s far from dead.
- KGeN’s UAW soars by 162.1% while they are building the world's largest decentralized gamer network.
- Pixudi surges by 26.47% while they are preparing for the launch of Pixudi Multiverse.
- World of Dypians gains 7.27% and, after careful review, they’ve selected the first wave of testers for early access to the Multiplayer Social Hub. Bring it on!
- BoomLand is up 7.06% and is a top Web3 gaming publisher led by industry veterans.
Latest Blockchain Gaming News
Immutable Partners With TOKYO BEAST
Immutable has collaborated with TOKYO BEAST, Japan’s leading mobile gaming developer, to bring its blockchain-based battler to the Web3 ecosystem. This marks Immutable’s third major partnership with a unicorn developer, further solidifying its dominance in Asia’s blockchain gaming sector.
The collaboration integrates Immutable’s blockchain technology into TOKYO BEAST, a game that blends traditional mobile mechanics with Web3. Players can compete directly in strategic player-versus-player (PvP) battles or participate as spectators by predicting tournament outcomes for in-game rewards.
The game introduces a pooled NFT system, allowing new players to join without owning NFTs while preserving value for existing holders. It also features breeding mechanics, global tournaments, and live streamed championship matches.
GTP War Partners With Versus
GTP War has joined forces with Versus, a decentralized player-versus-player (PvP) gaming platform, to improve Web3 gaming experiences and introduce new rewarding opportunities.
Through this partnership, GTP War players gain access to Versus’ customizable gaming options, ranked matches, and NFT-based weapons.
The integration also strengthens GTP War’s play-to-earn model, enabling players to earn rewards such as NFTs, bounties, and shards that enhance weapons and can be traded in the crypto market.
W3GG Collaborates With Andrometa
W3GG has partnered with Andrometa, a Nintendo-accredited game publisher, to bridge the gap between traditional gaming and Web3. This collaboration aims to expand the accessibility of blockchain gaming, particularly in Southeast Asia.
As an exclusive distribution partner, W3GG will help Andrometa bring Web3 gaming to a wider audience. The alliance also offers Web3 developers a pathway to launch their games on the Nintendo Switch, reaching a global player base.
Nifty Island Drops AI Agents
Nifty Island has introduced interactive AI agents, allowing creators to place them into 3D in-game islands as interactive characters. Players can use pre-built agents like Luna, AgentYP and VaderAI, or create custom ones.
By default, AI agents can only be deployed on a user’s own island, but those holding at least 100,000 ISLAND tokens can place agents across all islands. These agents can also integrate Nifty Island knowledge, help players with quests, provide location details and even distribute prizes based on in-game activities.
Hamster Kombat Unveils Season 2
Hamster Kombat has launched Hamster Network, a layer-2 blockchain on The Open Network (TON), aiming to support Web3 gaming and decentralized applications. This marks the first gaming-focused layer-2 solution within the TON ecosystem, allowing developers to build fully on-chain games using Solidity.
Season 2 of Hamster Kombat is designed to serve as the foundation for an entertainment ecosystem called Hamster Verse. To support this expansion, the project’s decentralized autonomous organization (DAO) initiated the layer-2 network, which includes essential infrastructure such as a crypto wallet, bridge, and decentralized exchange (DEX).
What You Can Do Now
- Focus on quality over hype: look out for games that people play for fun rather than just for earning.
- Check for real utility and in-game integration: projects where tokens and NFTs have multiple use cases within the game such as staking, upgrades, and crafting, tend to be more sustainable.
- Evaluate team experience and transparency: teams with a proven track record in gaming or blockchain are more likely to deliver.
- Assess community activity and growth: high player retention and active communities (Discord, Twitter, Reddit) show that a game can attract and keep players.
- Keep an eye on the Immutable and TOKYO BEAST partnership.
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