The Rise of Blockchain Gaming: More Players Join the Fun
The average number of daily active wallets connected to blockchain games saw a significant increase in February, according to a report by DappRadar and the Blockchain Game Alliance. The rise in activity can be attributed to the growing popularity of play-to-airdrop campaigns and the surging prices of crypto gaming tokens. Ethereum scaling network Polygon emerged as the biggest beneficiary, attracting an average of 408,000 daily wallets. Other top networks include SKALE, BNB Chain, Ronin, and Near.
Play-to-Airdrop Trend Boosts Blockchain Gaming
One of the driving factors behind the increased engagement in blockchain games is the play-to-airdrop trend. This trend incentivizes players by offering potential token rewards for participating in games. The report highlights that this trend, along with the success of gaming tokens amid Bitcoin’s price surge, has contributed to the growth of the market.
- The play-to-airdrop campaigns have attracted more people to blockchain gaming.
- Gaming tokens have performed well as Bitcoin reached new highs.
A popular example of the play-to-airdrop trend is Pixels, a social farming game on Ethereum scaling network Ronin. Following its second campaign, Pixels’ token experienced a significant surge in trading volume, surpassing $1 billion in less than a day. The game’s token also achieved a new all-time high price recently.
Other games like Nifty Island, Apeiron, and Nyan Heroes are also leveraging play-to-airdrop campaigns to attract players and promote their projects.
Polygon Dominates with 408,000 Daily Wallets
Ethereum scaling network Polygon experienced a substantial increase in active gaming users in February. The network attracted an average of 408,000 daily wallets, representing a 117% jump compared to January. This surge in demand can be attributed to the test period for the shooter game Matr1x Fire, which garnered over a million registered players.
The top five networks in terms of daily active wallets were:
- Polygon – 408,000 wallets
- SKALE – 284,000 wallets
- BNB Chain – 256,000 wallets
- Ronin – 239,000 wallets
- Near – 157,000 wallets
MotoDex and Sweat Economy Lead in Monthly Active Wallets
When it comes to individual games, MotoDex emerged as the leader with an impressive 6.9 million unique monthly active wallets in February. Following closely behind is the fitness game Sweat Economy with 3.75 million wallets. Trickshot Blitz, a billiards game, ranked third with 1.03 million wallets, while gaming platform PlayEmber claimed fourth place with 918,000 monthly wallets.
Bitcoin’s Rise and Gaming Tokens’ Success
Bitcoin experienced a significant increase in value throughout February, reaching a new all-time high price above $69,000. The cryptocurrency has continued to surge and exceeded $73,700 early on Thursday. Gaming tokens such as Immutable (IMX), Ronin (RON), PIXEL, Gala Games (GALA), and Parallel (PRIME) have also seen remarkable gains in recent times.
Hot Take: The Future of Blockchain Gaming Looks Bright 🔮
The rise in daily active wallets connected to blockchain games reflects the growing interest and adoption of this innovative gaming sector. With play-to-airdrop campaigns and the success of gaming tokens, more players are joining the fun and exploring the opportunities offered by blockchain gaming. As networks like Polygon continue to attract a significant number of daily wallets, developers and investors can expect a thriving ecosystem with exciting games and new milestones to be achieved.
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