The Web3 gaming sector is finally showing us love again.
TL;DR
- Web3 gaming is cooking again
- Ronin lifted restrictions, opening its ecosystem
- BSC gaming tokens are doing well
- Goblintown revealed a non-crypto PC/Mac game
- Off The Grid surpassed 13M users
Introduction
Happy V-day! The Web3 gaming sector is finally showing us love again! All the top GameFi tokens by market cap except two are showing gains, while the overall market struggles to decide which way it wants to go and Bitcoin stops ranging between 90K and 105K.
Bitcoin continues to face rejection whenever it attempts to break past the crucial $100K mark, even while Strategy (formerly known as MicroStrategy) steadily increases its BTC holdings.
Market Overview
The GameFi market cap showed signs of life again and went up from $14.23 billion to $15.61 billion over the last seven days.
We dropped 0.5% below the prior low from August 2024 and then bounced. Is the worst over yet?
Not only did BSC meme coins see impressive gains but gaming tokens like BNX also went on a moon mission and soared by almost 500% in the past week.
Source: CMC
According to DeFiLlama’s Narrative Tracker, GameFi was ranked seventh, jumping nine spots from last week and outperforming Bitcoin, Ethereum, Solana and Memes.
Top Coin Movements
Source: CMC
Top Gainers:
- Binary X (BNX): +489.44%
- Notcoin (NOT): +20.74%
- Ronin (RON): +18.72%
- WEMIX (WEMIX): +16.66%
- Beam (BEAM): +14.92%
Top Decliners:
Web3 Gaming Activity This Week
Animoca Brands does not look at AI and ask if but rather how.
Immutable teases the most exciting games scheduled to launch in Q1 2025.
GameFi’s adoption is back on track and showing strength again while Anichess adds fuel to the party while their Pre-Season Cup is LIVE.
- Crystals’ UAW soars by 66.18% and is a Free-to-Play Real-Time Strategy Game.
- PlayEmber surges by 28.71% while building the next generation of consumer crypto games.
- World of Dypians rises by 14.74% and their cutting-edge AI agent is just around the corner.
- Pixudi gains 12.31% and is one of the projects with the highest transactions over the last seven days.
- Moonveil is up 1.97% while building the future of gaming with Moonveil’s Loyal Gaming AI System.
Latest Blockchain Gaming News
Goblintown Reveals 'Really Hard Driving Game'
Goblintown has announced a new PC and Mac game, Goblintown: Really Hard Driving Game, set to launch on Steam and the Epic Games Store. The endless runner game, featuring the Goblintown Burger Truck, is similar to Temple Run or Dookey Dash.
Despite Goblintown’s Web3 origins, the game will not integrate crypto or NFTs, aligning with Steam’s ban on blockchain-based games. Truth Labs co-founder Alexander Taub confirmed it as a "straight Web2 game" but hinted at future connections to Abstract.
Ronin Lifts Restrictions
Open Ronin is finally here, enabling any developer to build on the platform. This move marks a major step toward accessibility and innovation in the ecosystem.
Ronin won "Best Ecosystem" at the GAM3 Awards 2024 and has grown significantly, ranking as the fourth-most-used blockchain with $4.3 billion in NFT trading volume and 1.6 million monthly active addresses.
The network’s expansion has attracted new games like Pirate Nation, Photo Finish, and Sunflower Land, as well as decentralized applications like Forkast’s on-chain prediction market.
Infinigods and B3 Partner
InfiniGods has collaborated with B3 to launch Godchain, a dedicated Gamechain aimed at improving mobile gaming scalability. Set to release in 2025, Godchain will leverage B3’s layer-3 infrastructure to provide lower transaction costs and improved efficiency for InfiniGods’ games, such as King of Destiny.
Powered by the $GOD token, Godchain will support in-game transactions, staking rewards, and governance. The token has been expanded to Base using LayerZero technology, ensuring cross-chain compatibility across Ethereum, Arbitrum Nova, Hyperliquid, and Base.
Founded in 2021, InfiniGods has secured $16 million in funding from investors like Pantera Capital and Animoca Brands. Its gaming portfolio includes King of Destiny, InfiniMerge, and Immortal Siege, with InfiniPass offering exclusive content and rewards.
Off The Grid Reaches 13 Million Users
Off The Grid has surpassed 13 million users, with 450,000 daily active players. This milestone reflects its growing appeal among both traditional and blockchain gamers.
Source: GAM3S
The latest update introduces the Scump Content Pack, featuring legendary esports player Seth "Scump" Abner. Players can now access the exclusive Scump skin and the BounceBomber cyberlimb, a new ability that enhances combat strategy.
These items, along with other in-game assets, can be traded as NFTs using the GUN token.
Additionally, a new Battle Pass offers free and premium rewards, including unique weapon skins and character outfits.
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 Open Ronin as there will be many new games launched.
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