Dappradar Report Shows Blockchain Gaming Thrived Amid FTX Collapse, Sector Accounted for 46% of All Network Activity – Bitcoin News
According to a report published by the global dapp store platform, Dappradar, blockchain gaming hardly felt the impact of the recent FTX collapse and the crypto market carnage that ensued. Dappradar’s Blockchain Games Report indicates that the number of daily unique active wallets (dUAW) participating in blockchain gaming dropped slightly to 800,875 UAWs in November, down from just above 900,000 UAWs recorded during the last two months. Moreover, Dappradar says that blockchain gaming accounted for “a healthy 46% of all blockchain activity.”
Report: Blockchain Gaming Shrugs off FTX Collapse With More Than 800,000 Daily Unique Active Wallets
A study published by Dappradar and shared with Bitcoin.com News shows that despite the recent FTX fallout, blockchain gaming has remained steadfast. Presently, a significant amount decentralized apps (dapps) from dappradar.com’s top dapp list are blockchain games like Alien Worlds, Splinterlands, Farmers World, Benji Bananas, and Planet IX.
Dappradar’s report says the most popular blockchain in terms of blockchain gaming was Wax, and the BNB chain was the second-most popular blockchain. Wax had an average of 344,284 daily UAWs, while the BNB blockchain saw an average of 171,269 dUAWs.
The BNB blockchain did take a hit after the FTX collapse, as the number of average dUAWs dropped by 35% in November. Dappradar’s study says Solana took a much bigger hit as November’s gaming activity via Solana was down 89.42%.
Solana’s dUAW stats indicate it dropped to “2,326 daily UAWs, the lowest number it has registered thus far,” the Dappradar researcher’s noted. “The Wax-based Alien Worlds managed to grow its user base by an impressive 25% to emerge as the most-played game of all, with 212,000 dUAWs,” the report details.
Splinterlands was the second-most-played blockchain game with 169,000 dUAWs, Dappradar explains. “Upland, the AR mobile estate game, continues to be on a downward trend in activity, and in October it reached 31,595 dUAW,” Thursday’s report highlights.
“The mobile game Trickshot Blitz had an astonishing increase of 70% in activity month over month. The casual game on the Flow blockchain reached 23,086 dUAW.” The report also shows that interest in Axie Infinity continues to decline. The report states:
Axie Infinity continues along its downward trend: this October they had an average of 19,434 dUAW, a 21% decrease from September. Nonetheless, they announced the release of Axie Infinity: Raylights, their first third-party product utilizing existing Axie NFTs in a new way.
Want to read Dappradar’s Blockchain Games Report in its entirety? You can check it out here.
What do you think about Dappradar’s blockchain gaming study? Let us know what you think about this subject in the comments section below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, Dappradar.com,
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.