Best P2E Games

Trend Report: Yoda Labs and BGA Analysis

Trend Report: Yoda Labs and BGA Analysis

Game Review 

Gaming Trend 2023: Yoda Labs and BGA Analysis.

Yoda Labs and BGA share their insights on blockchain gaming trends in 2023. Today we present you their take on 2023 and what we need to expect as a gamer this year in blockchain games. The Web3 industry continues to be powered by gaming, accounting for approximately 50% of all blockchain activity, despite the crypto market downturn in 2022. In 2022, Web3 gaming and metaverse projects attracted US$7.6 billion in investment, a 59% increase from 2021. Of the $7.6 billion invested in the blockchain gaming space, 33.5% went towards blockchain gaming infrastructure, 27.3% was invested in individual gaming projects or metaverse worlds, and 19.1% went to guilds and incubator programs.

Despite the crypto winter, the leading gaming and metaverse projects continued their development. Alpha or beta phases were launched for several prominent metaverse gaming dapps. Illuvium, The Sandbox, Big Time, Axie Infinity Homeland, The Fabled, Phantom Galaxies, Star Atlas, My Neighbor Alice, Treeverse, Mirandus, and many others.

According to the BGA 2022 Member Survey and Report, blockchain gaming industry professionals predict that gameplay enhancements will be the key driver of adoption in 2023. Web3 developers are focusing on making blockchain games more enjoyable and engaging.

Following gameplay improvements, the other two factors likely to drive the industry forward in the coming year are the entry of traditional gaming studios and existing gaming franchises into the Web3 space.

Exploring the Funding Trend in the Blockchain Gaming Industry

The BGA report indicates that funding was the most significant positive factor for the blockchain gaming industry in 2022. 21.3% of respondents agreed to it. Moreover, increased funding and incubation programs support can speed up the growth and development of projects. This will lead to rapid advancements in innovation in the Web3 gaming sector.

Major venture capitalists are investing in Web3 gaming, drawn by its growth, with the aim of capitalizing on the trend. Web3 gaming is emerging as a standalone industry, separate from the broader cryptocurrency market. It serves as a crucial entry point for institutions entering Web3, along with Web2 gaming studios. Examples include Square Enix’s partnership with Oasys Blockchain, Epic Games’ Blankos, and Mythical Games partnering with Ubisoft as a publisher.

Unpacking the Growth of the Blockchain Gaming Industry: An Analysis

WAX

In 2022, the WAX protocol remained the most widely used blockchain for web3 games, attracting an average of almost 350,000 daily users. Hive and BNB Chain followed with 235,000 and 167,000 daily users, respectively.

Polygon

In 2022, Polygon solidified its position as a blockchain for games. It attracted an average of 97,000 daily users, a 340% increase from the previous year. The growth was driven by game dapps such as Arc8 by GAMEE, Benji Bananas, Crazy Defense Heroes, and Pegaxy.

ImmutableX

ImmutableX saw a 250% increase in NFT trading volume, reaching $87 million, compared to the previous year. Gods Unchained ranked among the top 25 most traded collections across all blockchains.

Axie Infinity

The launch of Axie Infinity: Origins and the introduction of Lunacia in Axie Infinity Homeland fueled $325 million in NFT trading volume for Axie Infinity.

Yuga Labs’ Otherside

After its launch on April 30, Yuga Labs’ Otherside became the most actively traded virtual world project, overtaking Decentraland and The Sandbox. Otherside saw over $1 billion in trades.

Gala Games

Gala Games ended 2022 with a portfolio of 18 games, including two on Steam and one in the Epic Games Store.

Alien Worlds

In 2022, Alien Worlds was the most widely played dapp, averaging almost 200,000 daily users. It recorded 4.8 billion on-chain transactions that encompassed gameplay, trading, and DAO activity.

Splinterlands

Splinterlands, the Hive-based trading card game, was the second most popular game by wallet activity. It maintained a player base of 160,000 daily users during the latter half of the year. The game also reached significant roadmap milestones, such as the launch of node validator licenses and the release of Runi NFT and Land Deeds.

STEPN

STEPN initiated the “move-to-earn” concept with a gamified reward system for physical activities. Although STEPN’s growth slowed in the 4th quarter, other dapps such as Genopets, Step App, Dotmoovs, and Dustland have followed suit.

Check out the list of top blockchain websites for expert reviews. These websites provide essential information on various aspects of the Web3 gaming industry. Including game reviews, tokenomics, events, crypto news, and more. By following these top play-to-earn game review websites, you can stay informed and make decisions on play and invest.

Play To Earn Games News

Welcome to PlayToEarnGames.com! Your ultimate destination for all things gaming. Here you will find game reviews, daily news updates, and an extensive list of the latest games. Our goal is to keep you informed and entertained. If you have a game or exciting news that you would like to share, we encourage you to reach out to us. Stay tuned for daily updates and be sure to check back often for new additions to our growing list of games. Let’s play and earn together!

Trend Report: Yoda Labs and BGA Analysis

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Find our Best P2E Games list. All games are included with reviews and links to the game review page. Have Fun!

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Related P2E Games: Play To Earn Crypto, NFT, Web3

Cyball: Sports Strategy Trading Card NFT Game – Crypto Rewards

“Cyball” is a sports strategy trading card game that combines player-versus-player matches with the excitement of collecting and trading non-fungible tokens (NFTs). The game features appealing character designs and a diverse range of collectible NFTs, adding a unique dimension to the gaming experience. A standout feature of Cyball is the utilization of CyBlocks, which are cryptographically secure NFTs with distinct IDs, making them non-replicable. These NFTs hold significant value within the game, with lower-numbered CyBlocks being the most coveted. Owning a CyBlock NFT is a prerequisite for participating in Cyball gameplay, emphasizing their importance in the game’s ecosystem. Cyball provides a selection of game modes to cater to various player preferences: Friendly Mode: This mode offers a relaxed 3v3 gameplay experience with flexible rules, making it suitable for casual matches. Championship Mode: For players seeking a competitive environment, Cyball offers a 5v5 tournament mode held once per season. It allows players to climb leaderboards and showcases a more intense sports gaming experience. Practice Mode: Designed for skill improvement, practice mode enables players to refine their abilities by engaging with AI-controlled opponents. Cup Match Mode: The highest level of competition in Cyball, this 5v5 battle mode pits top players against each other in high-stakes matches with the ultimate goal of winning the cup. Cyball’s unique “play to earn” economics is underpinned by two cryptocurrency tokens: Cyblock Battery Token (CBT): Players earn CBT by winning matches, serving as the foundational token in the game’s economy. Cyball Token (CYB): CYB functions as a staking token, offering players additional opportunities to engage with the game’s economics. Both CBT and CYB operate on the Binance Smart Chain (BSC) and Ethereum blockchain technologies, allowing players to not only enjoy a dynamic sports strategy experience but also earn cryptocurrency rewards while doing so. Whether you’re an experienced collector or a novice gamer, Cyball offers a distinctive and immersive gaming experience that combines sports strategy, NFT collectibles, and cryptocurrency rewards.

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The Nemesis – Game Review

The Nemesis project is a revolutionary metaverse platform that seeks to redefine the web by incorporating elements of augmented and virtual reality. Players can earn rewards by participating in NFT-based games within the Nemesis metaverse. This platform offers a unique and immersive gaming experience that combines elements of both augmented and virtual reality. The Nemesis project is set to disrupt the traditional gaming industry and pave the way for a new generation of metaverse experiences. “The Nemesis metaverse” is a virtual world that seamlessly blends real and virtual experiences to create a unique and immersive gaming experience. The project is committed to promoting the widespread adoption of Web3 technology and making it accessible and enjoyable for people from all walks of life. In addition, the Nemesis team is focused on bringing branded experiences to its users, providing businesses with the opportunity to engage with the Web3 and metaverse space. Overall, the Nemesis metaverse is poised to revolutionize the way we think about virtual worlds and the role they play in our lives. This metaverse is designed to appeal to a wide range of users, from seasoned DeFi enthusiasts interested in NFT utilities to casual gamers looking for a virtual racing experience. The Nemesis aims to become a daily part of the lives of people all around the world.

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Battle Saga – Game Review

In Battle Saga, players can build and upgrade their base camps with structures and towers using the in-game currency, GOLD. The goal is to defend against enemy attacks and improve the strength of the base. This tower defense game offers players the opportunity to strategize and build their defenses in order to emerge victorious. In addition to upgrading structures and towers, players can also collect and train powerful Heroes to join their army. These Heroes can be used to defend the base camp or lead troops into battle against other players. The game features real-time multiplayer battles where players can test their strategic skills and earn rewards by defeating enemy players. Overall, Battle Saga combines elements of tower defense, base building, and hero collection for a unique and exciting gaming experience. Battle Saga Review: In Battle Saga, players can protect their base camp by constructing and upgrading buildings and defensive structures using the in-game currency, GOLD. To do so, they must first upgrade their Palace, which serves as the central hub for their base camp and unlocks new structures and defense mechanisms. Players can also exchange NFT assets for certain base camp structures. To effectively defend against attacking forces, players must carefully plan the placement of their towers, walls, bombs, traps, and other defensive measures. They can also train troops at the boot camp and donate them to allies to increase their chances of winning during an attack. Troop upgrades are linked to Palace upgrades, meaning the Palace must be upgraded before troops can be improved. Earning Opportunities in Battle Saga: Battle Saga is a tower defense crypto game where players can build and upgrade their base camps to improve their defensive strength. In order to effectively defend against attacking groups, players must carefully position their buildings and defensive structures, including towers, walls, bombs, and traps. Players can also train troops at the boot camp to attack other base camps and donate troops to allies. The Palace and troop upgrades are directly linked, with troops only able to be upgraded after the Palace has been upgraded. There are multiple ways for players to earn money in the game, including winning rewards for successful offensive or defensive attempts, breeding and renting or selling NFTs, and participating in farming and token staking. Tokens: Players can earn rewards for successful offensive and defensive actions in the primary gameplay, and can also make money by breeding and selling NFTs on the market. The game also offers opportunities for farming and token staking as additional ways to earn money. The BTL token, based on the Binance Smart Chain, can be used to purchase GOLD and improve troops in the game.

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Alteration – Game Review

Alterra awaits in Alteration, a next-gen play-to-earn NFT game with turn-based RPG and Nordic mythology developed by Legend Has It. Step into the immersive world of Alteration, a next-gen play-to-earn NFT game set in the vast realm of Alterra. This unique gaming experience combines turn-based combat, RPG elements, and a captivating twist of Nordic mythology. With its breathtaking hand-drawn visuals and a 2.5D approach, Alteration offers a stylish and strategic gameplay environment. Prepare for intense PvP battles where NFTs will play a big part, giving players advantages and the chance for high stakes and rewards. Also, in this cutting-edge play-to-earn game, you can use cutting-edge AI technology and user-generated NFTs to create your own odyssey, paving the way for the future of Web 3.0 gaming.

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Best P2E Games list 2024

Trend Report: Yoda Labs and BGA Analysis

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.