","button_title":"Play-to-Earn Game List","span_one":"No obligations","span_two":"Free to use"}},"header":{"homepage":"Homepage","Game Reviews":"Game Reviews","Game List":"Game List","Developers":"Developers","Developer List":"Developer List","Gaming News":"Gaming News","search":"Search","local":"en","Popular P2E Developers":"Popular P2E Developers","Play To Earn Games":"Play To Earn Games","P2E Games":"P2E Games","Crypto Games":"Crypto Games","Web3 Games":"Web3 Games"},"meta":{"title":"Games to Earn, Blockchain, NFT, P2E Games List","description":"Play hundreds of games! Games to Earn, P2E, Blockchain, NFT, Crypto, Web3 Games. Read game reviews and start playing right away. Play now!","ogType":"article","keywords":"NFT Games, Crypto Games, Earning Games, Earning Games, Blockchain Games, P2E Games"}}},"initialLocale":"nl","ns":["news_letter","singleNews","singleGame","footer","common","header","meta"],"userConfig":{"i18n":{"locales":["en","hi","fr","es","de","pt","nl","tr"],"localeDetection":false,"defaultLocale":"en","domains":[{"domain":"playtoearngames.com","defaultLocale":"en"},{"domain":"hi.playtoearngames.com","defaultLocale":"hi","locales":["hi-IN"]},{"domain":"fr.playtoearngames.com","defaultLocale":"fr","locales":["fr-BE","fr-CA"]},{"domain":"es.playtoearngames.com","defaultLocale":"es","locales":["es-GT","es-MX"]},{"domain":"pt.playtoearngames.com","defaultLocale":"pt","locales":["pt-BR"]},{"domain":"de.playtoearngames.com","defaultLocale":"de","locales":["de","de-DE","de-AT","de-CH"]},{"domain":"nl.playtoearngames.com","defaultLocale":"nl","locales":["nl-BE"]},{"domain":"tr.playtoearngames.com","defaultLocale":"tr"}]},"trailingSlash":true,"default":{"i18n":{"locales":["en","hi","fr","es","de","pt","nl","tr"],"localeDetection":false,"defaultLocale":"en","domains":[{"domain":"playtoearngames.com","defaultLocale":"en"},{"domain":"hi.playtoearngames.com","defaultLocale":"hi","locales":["hi-IN"]},{"domain":"fr.playtoearngames.com","defaultLocale":"fr","locales":["fr-BE","fr-CA"]},{"domain":"es.playtoearngames.com","defaultLocale":"es","locales":["es-GT","es-MX"]},{"domain":"pt.playtoearngames.com","defaultLocale":"pt","locales":["pt-BR"]},{"domain":"de.playtoearngames.com","defaultLocale":"de","locales":["de","de-DE","de-AT","de-CH"]},{"domain":"nl.playtoearngames.com","defaultLocale":"nl","locales":["nl-BE"]},{"domain":"tr.playtoearngames.com","defaultLocale":"tr"}]},"trailingSlash":true}}}}$297M Surge in Investment for Metaverse & Web3 Gaming - Play to Earn Games News
$297M Surge in Investment for Metaverse & Web3 Gaming
Play To Earn Games | 23 Jun 2024 22:13 UTC
Metaverse Gaming Looking Good: DappRadar’s Latest Industry Report
In a groundbreaking exploration of blockchain gaming and the metaverse this July, we've stumbled upon a realm teeming with promise and swift advancement. The recent inflow of hefty investments and major entities like Google tipping their hats to the burgeoning impact of Web3 gaming signals a horizon brimming with transformative changes. Diving into the depths of DappRadar’s fresh-off-the-press report, we're here to dish out the essential bytes you absolutely need to be clued into.
Key Highlights
The narrative of blockchain gaming continues to evolve at a breakneck pace, painting a picture of a future where gaming, blockchain technology, and the expansive metaverse converge to create something truly spectacular.
Blockchain Gaming Overview
Commanding a whopping 41% of on-chain dapp activities in July, blockchain gaming has undeniably cemented its spot in the heart of the action, flaunting a staggering 712,611 daily unique active wallets (dUAW).
Emerging as the frontrunner, WAX impressed with 300,325 dUAW, spotlighting its dominance in the sphere.
Ronin & CyberKongz Partnership: Pioneering Genkai’s NFT and Gaming Future
The ethereum-based CyberKongz not only gave a sneak peek into its anime-inspired Genkai NFTs on the Sky Mavis blockchain but also charted a new course by deciding to relocate its “Play & Kollect” community from Polygon to Ronin.
Mighty Bear Games’ big leap from Polygon to Arbitrum with "Mighty Action Heroes" propels Arbitrum into the limelight, marking it a hotspot for gaming on the Ethereum second layer.
TreasureDAO, a platform on Arbitrum, logged transactions worth over $842,000 in just a month, showcasing the burgeoning activity on the layer.
July’s Gaming Leaders
The Sweat Economy app emerged as July's most trafficked game dapp, amassing over 739,000 monthly UAW.
However, virtual world trading volumes painted a different picture, tumbling to a yearly low of $5.6 million over 10,796 land sales.
The Hype Around Virtual Realms is Cooling?
Following the trend of the previous months, trading volumes within virtual worlds observed a dip, hinting at a possible shift in market dynamics.
Nonetheless, big names like Otherdeed for Otherside kept their foothold in the trading volumes leaderboard.
Fueling the Future: $297M Web3 Gaming Investments
In a resilient comeback, Web3 gaming investments surged to $297 million in July, with infrastructure initiatives claiming 63% of the pie.
This influx of funds reaffirms the belief in the metaverse and virtual worlds' potential, despite current market sentiments.
li>Google’s Web3 Welcome: Unveiling the Play Store’s New Playbook
Anticipating a future where Web3 is more mainstream, Google has laid the groundwork for web3 gaming's integration into its Play Store, albeit with a few caveats.
This strategic move could potentially open the floodgates for NFT experimentation among mobile gaming studios, spurring innovation.
Final Thoughts On The Industry
The insights from July's deep exploration into blockchain gaming and the metaverse underscore an unwavering wave of optimism. Even amidst market ebbs and flows, the sizeable investments and nods from giants like Google highlight a rising acknowledgment and adoption of blockchain technology across mainstream platforms. The strategic positioning of platforms such as Ronin for significant collaborations reaffirms the conviction that blockchain's integration into gaming is not just ephemeral but a profound shift that's crafting the future. As we advance, keeping an eagle eye on how these investments evolve into innovation, heightened user engagement, and market expansion will be key. The fusion of gaming, blockchain, and the metaverse is not only envisioning the future; it's in the throes of creating it.
In the dynamic world of technology, artificial intelligence (AI) stands as a beacon of potential, driving innovation across countless sectors Yet, as we navigate this revolutionary era, the demand for both secure and efficient AI computing methodologies has surged, spotlighting the emergence of decentralized AI (DeAI) This novel approach not only aims to redefine the AI landscape but also underscores the critical role of integrating Trusted Execution Environments (TEEs) to unleash the full prowess of DeAI
The Current AI Landscape
At its core, delivering cutting-edge AI solutions hinges on access to reliable and private user data However, the current state of AI is ensnared by challenges, namely the risks associated with sharing data and models...
Unveiling the Crypto Titans: A Comparative Look at Polygon, Shiba Inu, and the Rising Star Rollblock in 2024
The realm of cryptocurrency has always been a fertile ground for explosive growth and groundbreaking innovations Among the multitude of digital currencies, certain projects like Polygon (MATIC) and Shiba Inu (SHIB) have ascended from relative obscurity to achieve remarkable growth in the last bull market, solidifying their positions as leaders in their respective categories These projects have not only captivated investors but have also paved the way for emerging platforms such as Rollblock (RBLK), a pioneering venture into the integration of decentralized finance (DeFi) with the gambling industry, which is anticipated to revolutionize the $450 billion sector
Polygon (MATIC): The Journey from Underdog to Crypto Behemoth
Born as a scalability solution for the Ethereum network, Polygon has undergone a significant transformation since its inception in 2017 The rebranding to Polygon in early 2021 marked the beginning of a meteoric rise, with its value soaring from mere fractions to an all-time high of $2...
Unveiling the Future of Creative Innovation at the Heart of Cannes
Each summer, the French Riviera becomes the focal point for the international advertising, marketing, and media industries, courtesy of the Cannes Lions International Festival of Creativity This esteemed event is not just a gathering; it's a celebration of groundbreaking campaigns, a hotbed for striking deals, and a symphony of industry leaders sharing insights amidst the scenic backdrop of the Palais des Festivals
Innovation and Creativity on the High Seas
This season, an extraordinary collaboration took the stage—or rather, the sea A partnership between Decrypt, its Web3 media companion Rug Radio, and the innovative minds at Partouche Multiverse, along with the unique NFT collection Joker Club, introduced the Joker Odyssey This was no ordinary event; it was a five-day extravaganza aboard a luxury yacht moored next to the heart of the festival, offering an exclusive blend of talks on Innovation, Creation, Entertainment, and Disruption...