Guild of Guardians

DappRadar

World of Dypians

Catizen

Gods Unchained

<h4><strong>Blockchain gaming is rising, and Q3-2024 reflects that we are in for a long ride. The blockchain gaming sector comprised 26% of all dApp activity; daily active wallets hit 4.4 million, and new games are coming. </strong></h4> 
<p>This article looks at DappRadar’s Q3-2024 report to give you a peek into how Web3 gaming is growing, the boost it’s getting, and the few hurdles it needs to clear. Let us look into the critical aspects of this period for Blockchain gaming and what the future holds.</p> 
<h5><strong>Blockchain Gaming Takes Center Stage</strong></h5> 
<p>In Q3-2024, blockchain gaming showed how crucial it is to the Web3 ecosystem. Unique Active Wallets (UAW) surged to 17.2 million, up 70% from Q2. The blockchain gaming sector alone held a massive 4.4 million active wallets—a 21% rise compared to Q2-2024.<br> <a href="https://x.com/Ronin_Network" target="_blank" rel="noopener">Ronin Network</a> added at least 1.1 million new active wallets, a 34% jump from the week before. New entrants like opBNB and Oasys also recorded significant increases in value, suggesting that a threat is brewing.</p> 
<p><img decoding="async" class="wp-image-155225 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-300x200.webp" alt="" width="620" height="413" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-300x200.webp 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-1024x683.webp 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-768x512.webp 768w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-629x420.webp 629w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-696x464.webp 696w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-1068x713.webp 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar.webp 1088w" sizes="(max-width: 620px) 100vw, 620px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://dappradar.com/blog/state-of-blockchain-gaming-in-q3-2024" target="_blank" rel="noopener">DappRadar</a></strong></h6> 
<p>The active wallets for $Oasys were up 4,711%, while for $opBNB, the figure was 480%. Web3 gaming is not only for the long term but also diversifying through sectors.</p> 
<h5><strong>The Top Games of Q3 2024</strong></h5> 
<h6><strong>1) World of Dypians</strong></h6> 
<p>This is the new <a href="https://www.techopedia.com/definition/1919/massively-multiplayer-online-role-playing-game-mmorpg" target="_blank" rel="noopener">MMORPG</a> based on the Ethereum and BNB chain. Players can navigate the territories of the 2000 square kilometers of the metaverse, do missions, and create groups. <a href="https://x.com/worldofdypians" target="_blank" rel="noopener">This game</a> is on this quarter’s list of the most played games. It already has P2E and exists in an NFT market.</p> 
<h6><strong>2) SERAPH</strong></h6> 
<p><a href="https://x.com/Seraph_global" target="_blank" rel="noopener">SERAPH</a> is an <a href="https://dreams.quest/post/what-is-an-action-rpg" target="_blank" rel="noopener">action RPG game</a> with horrifying motifs that applies the leading technology, blockchain. This enables players to trade in such commodities during gameplay or get paid for some activities. Because of its features, it has quickly gained its fan base.</p> 
<h6><strong>3) Lumiterra</strong></h6> 
<p>Being new to Web3, <a href="https://x.com/LumiterraGame" target="_blank" rel="noopener">Lumiterra</a> intends to become a <a href="https://dreams.quest/post/what-is-pvp-in-gaming-pvp" target="_blank" rel="noopener">PvP-based MMORPG</a>, allowing players to gather in factions and fight for territories. Its decentralized ownership corresponds to the land-based assets attracting an elongating player mass.</p> 
<p><img decoding="async" class="wp-image-155227 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-1-300x277.webp" alt="" width="577" height="533" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-1-300x277.webp 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-1-1024x947.webp 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-1-768x710.webp 768w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-1-454x420.webp 454w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-1-696x644.webp 696w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-1-1068x988.webp 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-1.webp 1088w" sizes="(max-width: 577px) 100vw, 577px"></p> 
<h6><strong>4) Catizen</strong></h6> 
<p>Running on the TON blockchain, <a href="https://x.com/CatizenAI" target="_blank" rel="noopener">Catizen</a> follows the trend of small games built into Telegram. It blends simple access with NFT characters, making it a hit among casual gamers.</p> 
<p>Gaming-related NFTs grew, with collections like Guild of Guardians and Gods Unchained making waves. This sort of in-game asset generated $60+ million in trading volume, proving that NFT gaming collections are here and active.</p> 
<h5><strong>Metaverse Collection Insights</strong></h5> 
<p>While the <a href="https://www.altcoinbuzz.io/?s=metaverse" target="_blank" rel="noopener">metaverse</a> has seen a slowdown, it remains a long-term bet for many in the industry. Despite trading volume declining, the number of metaverse collections in which NFTs were trading increased by 26%.</p> 
<p><a href="https://x.com/Moca_Network" target="_blank" rel="noopener">Mocaverse</a> managed to maintain its position, which, with 42%, accounted for the largest share in the total trading volume. However, the turnover has been low because the company has recorded much lower profits in the quarter.</p> 
<p><img decoding="async" class="wp-image-155229 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-2-300x200.webp" alt="" width="609" height="406" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-2-300x200.webp 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-2-1024x683.webp 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-2-768x512.webp 768w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-2-629x420.webp 629w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-2-696x464.webp 696w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-2-1068x713.webp 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-2.webp 1088w" sizes="(max-width: 609px) 100vw, 609px"></p> 
<h5><strong>Investment Shifts in Q3-2024</strong></h5> 
<p>In Web3 gaming, funding was set in Q2-2024 at 260M USD; in Q3-2024, there was only 11M USD funding, down to about 90%. Most of the investments made during the current quarter helped develop the core infrastructure.</p> 
<p>The growth of projects trying to build the technology behind blockchain gaming indicates that developers are scaling for sustainable forward growth. Here are a few standout investments:</p> 
<ul> 
 <li>NPC Labs raised $18 million to support new Web3 games and help developers expand across blockchains.</li> 
 <li>Raising $11.17 m in a seed extension, Gameplay Galaxy is now valued at $71 m and ready to enter new markets.</li> 
 <li>Double jump.tokyo got $10 million in funding to promote blockchain gaming in Japan. It also partnered with gaming giants such as Biessoft and Bandai Namco.</li> 
</ul> 
<p><img decoding="async" class="wp-image-155230 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-3-300x200.webp" alt="" width="614" height="409" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-3-300x200.webp 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-3-1024x683.webp 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-3-768x512.webp 768w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-3-629x420.webp 629w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-3-696x464.webp 696w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-3-1068x713.webp 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2024/11/dappradar-3.webp 1088w" sizes="(max-width: 614px) 100vw, 614px"></p> 
<h5><strong>Looking Ahead</strong></h5> 
<p>The gaming sector is ready for growth with 4.4 million daily active wallets and groundbreaking games like World of Dypians and SERAPH. As we move into Q4, the gaming sector aims to set up the structures to drive blockchain gaming toward more significant improvements.</p> 
<h5><strong>Conclusion</strong></h5> 
<p>Blockchain gaming is shaping up to be one of Web3’s standouts. DappRadar’s Q3 report shows the industry’s strength and upward trend. The rise of blockchain gaming will be worth watching.</p> 
<p><img decoding="async" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg" alt="$USDC to Euro"></p> 
<p><iframe title="The ONLY Crypto Wallet You Need For the Altcoin Bull Run!" width="696" height="392" src="https://www.youtube.com/embed/9vAkqNKApaI?start=212&amp;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p> 
<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/dappradar-q3-2024-report-the-blockchain-gaming-landscape/">DappRadar Q3-2024 Report: The Blockchain Gaming Landscape</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

DappRadar Q3-2024 Report: The Blockchain Gaming Landscape

Altcoin Buzz

Other articles published on Nov 12, 2024

Bitcoin (BTC), Dogecoin (DOGE), Rexas Finance (RXS): Top 3 Cryptos That Will Thrive Under a Trump...

How to Build a Crypto Portfolio with Just $100—Maximize Returns with Staking and $FXG

Jesse Myers Connects Bitcoin’s Price Surge to Supply Constraints Following Halving

Bitcoin Surpasses Silver in Market Capitalization Amid Strong Institutional Demand

Trump’s Election Victory Isn’t the Real Story Behind Bitcoin’s Rally

UK Pension Fund Embraces Bitcoin with 3% Fund Allocation

Join our free newsletter for daily crypto updates!