- Key Achievements of Crypto Dragon
- Web3 Gaming Market and Its Prospects
- Leading Companies in Blockchain Gaming
Blockchain-based games are gathering significant attention from the broader gaming community. The evolving decentralized ecosystem is likely to surpass traditional gaming in the next few years.
Key Achievements of Crypto Dragon
According to Footprint Analytics, the blockchain-based game Crypto Dragon recorded a significant spike in the number of transactions. It logged about 300,017 transactions from August 18 to 22. The list of most trending games in this period includes Europe Fantasy League with 87,431 transactions; Gangster Arena 2 recorded 4,507 transactions; and WarEden with 36,176 transactions, among others.
Web3 Gaming Market and Its Prospects
The Web3 gaming market is projected to experience rapid growth, increasing from $10.2 billion in 2024 to $304.3 billion by 2033 at a compound annual growth rate (CAGR) of 67.7%. This emerging market combines blockchain technology with video games, creating an innovative industry. According to research by DaapRadar, the Web3 industry saw an uptick in Q2 2024, with daily Unique Active Wallets (dUAW) soaring to 10 million, representing a 40% jump from the previous quarter. This growth momentum was particularly pronounced in the blockchain gaming sector, which witnessed a 33% increase in dUAW, reaching 2.8 million by the end of the quarter.
Leading Companies in Blockchain Gaming
Among the hundreds of companies offering Web3 and blockchain-based games, the leading ones include Mythical Games, Animoca Brands, Pixels, The Sandbox, Planetarium, and Azra Games. Mythical Games is known for popular games such as 'Blankos Block Party' and 'NFL Rivals,' created in partnership with the NFL. The company boasts over 1 million registered players and more than 500,000 monthly active users. Animoca Brands is renowned for its games like 'REVV Racing,' 'MotoGP Ignition,' and 'F1 Delta Time,' with over 100 million registered users and more than 10 million monthly active users. The Sandbox enables users to create, sell, and own digital assets and experiences using the SAND token.
Blockchain games continue to gain traction, with new technologies and platforms promising further growth and industry development.
Comments