The blockchain gaming sector is becoming more and more popular. Especially since October this year, the overall financing amount of the blockchain gaming sector has exceeded US$100 million, an increase of 61% from US$67 million in September. At the same time, in the past November, The blockchain gaming sector continues to see good news, including Pixels, Illuvium, Gala Games, TreasureDAO, etc., all of which released good news in November. In addition, the entry of traditional game giants such as Unisoft has raised users expectations for the playability of chain games.
Odaily summarizes the recent financing information and progress of popular games in the blockchain game sector, and also takes stock of upcoming participation opportunities.
Secondary market performance of chain gaming sector
In the past week, the chain gaming sector continued its previous upward trend, with a 7D increase of 12.2%. The current total market value is US$1.48 billion, still ranking 17th among all sectors, higher than the zk sector and lower than the layer 2 sector.
It is worth noting that the number of tokens in the chain gaming sector increased by 3 this week to 300, which shows that the current market focus on games is still focused on old projects and the uncertainty shown in new projects. It also makes the market enthusiasm relatively lukewarm.
There are many industry viewpoints explaining the reason for this situation. For example, independent researcher Jason Chen Jian said that in the last cycle, games were the sector with the most financing in the entire Web3 primary market, locking up a large amount of institutional funds. So It is difficult for large-scale stocks to exit after two cycles, otherwise institutions will have a difficult time. The primary market has a strong desire for this sector to bubble up.
In addition, this year will be the first year of 3A GameFi. After the last round of shoddy small games, how to balance playing and making money is a big proposition left to the market. Excellent large-scale production not only conveys the teams strength and work to the outside world Willingness is also the path to continuous development from playable to fun, but it is also a pity that we have not yet seen the emergence of paradigm innovations such as CryptoKitties, Axie, and STEPN.
But at the same time, Chen Jian also believes that regardless of Web1, 2, or 3, historical experience tells us that games are the track with the most large-scale circle-breaking effect.
Games are naturally suitable for combining blockchain. NFT + Token + economic model + scalability can use as many blockchain features as possible.
In terms of secondary market trends, in the past 7 days, among the 300 games counted, only 71 game tokens were rising, and the token performance of the remaining 229 games was falling.
Although the number of rising tokens is relatively small, it shows that the heat is concentrating on popular projects. For example, the trend of BIGTIME token is gratifying, rising by 152.3% in the past 7 days, ranking third on the increase list; Star Atlas in the past 7 days An increase of 66%, ranking 7th.
At the same time, projects that occupy the blockchain gaming sector as game platforms and infrastructure seem to be more favored by capital, such as the old public chain ICP (7D increase of 5.3%) and Immutable (7D increase of 6.4%). As well as some small game platforms Chain Games (7D increase of 176.8%) and KAP Games (7D increase of 158.1%), ranked first and second in the increase list respectively.
In the related NFT secondary market, according to NFT Price Floor data, the floor price of NFTs in the gaming sector has increased by 7.39% in the past 7 days, with a transaction volume of 16,210. Among them, the game with the largest increase in seven days is ZED RUN (horse racing), with an increase of more than 60,000%, and the current floor price is 0.0003 ETH; in contrast, the more popular The Grapes in November, since the Token pre-sale started, the NFT price It has dropped by more than 38.97%, and the current floor price is 1.58 ETH.
In addition, Blur data shows that the floor price of the P2E chain game Pixels Farm Land NFT rose to a maximum of 0.998 ETH, with a maximum increase of 69.18% in seven days. Although it has fallen back, the current floor price is still at 0.978 ETH.
Chain game financing information
Famous game dynamic tracking
Introduction:BinaryX (BNX) is a blockchain gaming ecosystem built for the launch of cryptocurrency-powered games.
Latest News:It launched the latest blockchain game AI Hero.
2. Gabby World
Introduction:Gabby World is positioned as a fully autonomous world on the chain that is led by humans, self-generated and evolved by AI, and provides an interactive adventure experience.
Latest News:The final 33 Masterpiece Series NFTs will be released on December 7th.
Official website: https://illuvium.io/
Introduction: Illuvium is an RPG and NFT game built on Ethereum. The game mechanism is that players capture beasts by killing monsters and upgrading, cast them to generate NFT, and then sell them in the trading market to make a profit.
Latest news: Its Beta 3 version went live on November 28th. Additionally, Illuvium has partnered with esports club Team Liquid. Team Liquid will test its new competitive PVP auto-battles and will also co-host a $100,000 esports tournament with Illuvium in 2024 to develop esports scenes and tournaments for its games. As part of the partnership, the game will also release Team Liquid-themed Illuvium NFTs in the form of character skins and avatars.
Related links: https://twitter.com/illuviumio/status/1730697624775475499
Chain game launch dynamics
Official website: https://www.shrapnel.com/
Introduction: SHRAPNEL is a 3A shooting chain game based on the Avalanche blockchain and using the Unreal 5 engine. It is built on the blockchain game platform Forte.
Launch news: It has previously received US$35 million in financing and will launch a new game on December 10.
Introduction:CoinMusme is a blockchain game that personifies common NFT currencies in blockchain technology into various beautiful girl characters, allowing players to collect and cultivate them.
Online news:The game will be launched soon.
Age of Dino
Official website: https://www.ageofdino.com/
Introduction: Age of Dino (AOD) is a next-generation massively multiplayer online (MMO) strategy game developed based on the Xterio platform.
Online updates: The server will be open from November 30th to December 7th.
Related links: https://twitter.com/ageofdino/status/1730195023038402984
Other developments worthy of attention on the chain travel circuit
Introduction:Horizon Blockchain Games is a blockchain game developer that aims to bring the symbiotic economy and power of Web3 and Ethereum to players, consumers, developers, etc. through its products.
Latest News:Launched Sequence Builder, a full-stack dashboard for game developers that supports adding blockchain elements, such as NFTs, to video games using popular engines like Unreal Engine and Unity.
Sequence Builder allows game developers to integrate existing NFT series into games, add crypto wallet connectivity, support prepaid gas fees for in-game crypto transactions, launch a white-label NFT market, and more. According to the company, NFT mint functionality will also be added in the future, with the possibility of expansion to Solana (currently only Ethereum).
2. ICC Camp
Introduction:ICC Camp is committed to exploring and promoting the development of the Web3 game industry ecosystem, and has received key strategic support from ABGA (Asian Chain Games Alliance) and Web3 Labs. The mission of ICC Camp is to cultivate and support outstanding entrepreneurs in the future Web3 game industry, provide students with systematic high-quality offline courses, introduce rich industry resources, and provide substantial financial support.
Latest News:On November 29, ICC Camp (Imagine Creation Combinator Camp), an accelerator focusing on the Web3 game ecosystem, was announced.