Best P2E Games

DappRadar Report January ’23

DappRadar Report January ’23

Game Review 

The Blockchain Gaming Industry Bullish in January 2023,DappRadar Reports

Video games and gamers constitute almost half of all the activity on blockchain technology in the last month of the new year. This new metrics report by DappRadar shows that blockchain gaming is pretty bullish at the moment thanks to several reasons. With the advent of technology, the world of gaming has also evolved. In recent years, blockchain gaming seems to be the first choice for many investors in the gaming industry. This new technology has the potential to transform many industries. In addition, blockchain gaming has enhanced user experience by offering a reliable, secure, and transparent way to perform digital transactions. This trend has progressed in a variety of ways, from letting players design their own characters, themes, and even gameplay.

Despite a challenging 2022, the blockchain sector has made a promising start in 2023. One of the leading industries taking a lead this year is blockchain gaming. A recent DappRadar report uncovered some interesting trends regarding the growth of blockchain gaming and funding.

Gaming Tokens Bullish in 2023

In the last month, gaming tokens gained an impressive surge, showing positive signs for the industry. Blockchain gaming activity as estimated by on-chain data increased by 1.31% in January, with 858,621 daily Unique Active Wallets (dUAW) accounting for 48% of dapp activities. Furthermore, the market value for top-performing gaming tokens saw a massive increase of 122% on average. The digital utility token of the Gala Games (GALA) also surged by 218% of its actual value.

ApeCoin and SAND Leads

Among these tokens, ApeCoin remins a dominant player with a market value of $2,112,042,188 as of January 31 and an increase of 51.99% from January 1. SAND is closely following with a market capitalization of $1,254,095,738 and a gain of 86.64%.

GALA Shows a Lot of Potential

The report claims that as industry hype hits general audiences, demand for those gaming tokens is increasing. For instance, Gala Games earned recognition after acquiring a new mobile gaming firm with 15 titles and $20 million in assets managed. As a result, the Gala blockchain network now has a considerably larger user base. Also, a Gala Music artist received a Grammy nomination, which increased awareness of the network. Cryptoslate suggests that FLOKI is currently one of the year’s top-performing gaming tokens. Despite the fact that the coin has gained 239% over the last 30 days, it is still 88% below its all-time high.

MAGIC Records Increase

MAGIC has also experienced a boost with the hype around TreasureDAO. The goal of this new system is to unite producers, collectors, and fans in a special environment that will be beneficial for them. The gaming industry has responded favorably to the idea, which has assisted in raising the value of MAGIC.

Avalanche’s AXS Gains Ground

Last but not least, AXS is making ripples with the start of Homeland and Axie Origins Season 2. These actions have increased the AXS blockchain network’s accessibility and sparked interest among both investors and gamers.

Blockchain Analyst Highlighted the Growth

Sara Gherghelas, a blockchain analyst at DappRadar, told Cointelegraph that it is safe to predict blockchain games will remain to be an evolving segment in the industry based on on-chain data from the previous two years.

“This is because blockchain gaming is already a vertical in the traditional industry. As blockchain gains more traction, it will bring more adoption to Web3 games which will become mainstream.”

Because of the buzz surrounding the Yuga Labs ecosystem, ApeCoin has experienced a rise in demand. Another high point for the NFT giants was the Sewer Pass debut in January. To play the skill-based game Dookey Dash, you need the Sewer Pass.

Report Summary

To summarize our analysis, blockchain gaming has collectively raised $156 million from 10 investments in the industry. Courtside ventures became the most notable investor with a total of $100 million for its third early-stage capital fund. It would be correct to say that consistent funding has prepared the ground for a significant boost in 2023.

This year appears to be a recovery period for the blockchain industry after a challenging time. Investors are now backing studios that have a track record of developing Web3 games, and they are planning for the future up to five or ten years ahead. In 2023, the blockchain gaming market will experience a change in plan that will give developers new challenges and opportunities as players and investors place a higher priority on quality than quantity. The future looks promising, and we believe that the blockchain gaming sector will continue to develop and advance.

Play to Earn Games News

Looking for the best play-to-earn games? Look no further than our video game review site. Our large collection of P2E games has been looked over and has all the information you need. From genre and game platform to tokens, whitepapers, and Discord and Twitter social media links, we have it all. In addition, we offer game trailers for each game, as well as game videos where we provide in-depth reviews. We pride ourselves on being up-to-date, and offer daily updates on the latest news in the world of video gaming. You’ll find everything you need to stay informed about your favorite play-to-earn, blockchain, NFT, crypto, P2E, Web3, or metaverse games. Check out our Top Games and game lists to discover the best play-to-earn games. And don’t forget to read our fresh daily game news to stay up-to-date on the latest developments in the world of gaming. With our video game review site, you’ll have everything you need to explore, discover, and enjoy the best P2E games out there. If you have PlayToEarn Game News, please contact us. If you are launching a game, or have PR around a new game, send it and our PlayToEarn Game news writers will cover it.

DappRadar Report January ’23

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

Evolution Land – Game Review

Evolution Land is a blockchain game that uses Darwinia Network’s cross-chain technology and features two “continents” on Ethereum and Tron. You may purchase and sell land, manage your space, harvest crops, and construct structures. Moreover, there are 26 continents in total, each with its own blockchain, and the game has over 5 blockchains involved in its lands and NFTS. The platform provides users with virtual real estate and a concept of continents. On these continents, users can buy a land, farm, work on various structures, or hire other users to mine resources on their territory. Players can also buy and sell land on continents, harvest resources and construct buildings, engage in PvP, conduct scientific research, and so on. Fungible and non-fungible coins that are truly owned by the players and safeguarded by blockchain technology where their continent is used significantly in evolution terrain gameplay. In-Game Lands and Their Value: The game already features certain continents on the blockchain. The fourth continent of Evolution Land, the continent of Dawning, will have a total of 2025 lands based on the Huobi ECO Chain. Evolution Land has set aside a total of 249 Lands as reserves, In addition to the center area’s resources, there are gold mines, forests, lakes, volcanoes, hills, and other places that will provide for prize distribution, During Crab and Darwinia Network parachain rental offers are for a two-year leasing period, Approximately 1000 acres are in reserve to thank the supporters and the community, The remaining 727 acres of land will go in the auction. An apostle or mining drill is responsible to extract a planet’s resources. These resources are tokens that are exchangeable with real money. Furthermore, a user has the liberty to use points to cash out RING rewards in the Happy Lottery. Landowners can get a commission from the apostles and mining drills which can be a significant sum of money!

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Proof of Treasure – Game Review

Proof of Treasure is a popular geo-location game that has already gained a dedicated and growing user base. Players of the game use precision and strategy to locate and collect virtual treasures scattered throughout the world. Whether you are a seasoned veteran or a newcomer to Proof of Treasure, there is always something new to discover and enjoy in this exciting game. In Proof of Treasure, players compete against each other in real-time to find the location of a Google Maps “street view” image that is displayed in the game (known as the “proof”). The game uses a unique digital currency called Proof of Treasure Coin (POTT), which is built on the Chia (XCH) ecosystem. Players can earn POTT by successfully locating the proof and can use it to purchase in-game items or trade it on the market. With its competitive gameplay and use of blockchain technology, Proof of Treasure is a one-of-a-kind gaming experience that is sure to keep players coming back for more. In Proof of Treasure, players compete to locate the “proof,” a Google Maps “street view” image displayed in the game. The first player to correctly submit the coordinates of the proof’s location is declared the winner and is rewarded with the treasure, which takes the form of Proof of Treasure Coin (POTT). POTT is a digital currency built on the Chia (XCH) ecosystem, and it can be used to purchase in-game items or traded on the market. With its fast-paced gameplay and rewards in the form of POTT, Proof of Treasure is an exciting and unique gaming experience for players of all skill levels.

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Copium Wars – Game Review

Copium Wars is a must-play blockchain game that offers players the opportunity to earn rewards through gameplay and collect rare Non-Fungible Tokens (NFTs). The game’s NFTs are unique and highly coveted by players, adding an extra layer of excitement and value to the game. Players can earn cryptocurrency and collect rare NFTs as they progress through the game. The NFTs in Copium Wars are unique and cannot be replicated, making them highly valuable and sought after by players.

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Wombat Dungeon Master: NFT Staking Game on WAX – Game Review

Wombat Dungeon Master is back and better than ever with the release of its highly anticipated second season. This NFT staking game has quickly regained popularity and cemented its status as a top player in the industry. Utilizing WAX/EOS technology, players can stake multiple blockchain technologies on a single platform and earn at their own pace. The game features adorable wombat characters, each with their own unique stories and goals, as they venture out on expeditions to collect valuable resources and treasures. With its easy-to-play gameplay and innovative approach to NFT staking, Wombat Dungeon Master is a must-try for any gaming enthusiast. In Wombat Dungeon Master, you can use and control cute little wombats to search for rewards, invade dungeons, and collect valuable items. The adventure is filled with dangers and challenges, so be prepared to put your adorable wombats to the test. WDM utilizes WAX/EOS technology to support NFT staking for players. The game also allows players to stake multiple blockchain technologies on a single platform, enabling them to earn money at their own pace. This eliminates the need for sprints and makes the staking experience more enjoyable rather than stressful and demoralizing. Wombat Dungeon Gameplay: In WDM, players can earn in-game equipment and WAX and EOS tokens. The game features different wombat characters, each with their own story and goals for their expeditions. These dungeon masters venture out to collect resources and treasures such as coal, iron, gems, axes, uranium, XP, and more. The dungeon master wombats can be sent to explore dungeons for periods of five minutes, one hour, six hours, or one day, depending on the XP of the dungeon master. In WDM, each wombat has a mining power that ranges from 1 to 10,000. The higher the mining power, the higher the chance of finding valuable items. In addition to NFT equipment, the game also offers non-NFT crafting materials that can be acquired using coal, iron, and uranium instead of tokens. Wombat Dungeon Master features crafting materials called Wombatium, which can be used to create new tools for excavations. This game is easy to play and helps address the difficulties that many players face with NFT staking.

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Best P2E Games list 2024

DappRadar Report January ’23

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.