We had the release of the report on the situation of web3 games by DappRadar in partnership with the Blockchain Game Alliance. The issue of investments has been very relevant with NFT Games, which fell significantly after the end of the year and has started to recover. In terms of players, there was also a drop after the end of the year, but there has been no recovery. Let's analyze these two factors and the blockchain networks and NFTs that have been highlighted!
I'll be much appreaciated if you Upvote, Reblogs or give any Tips ( PIZZA 🍕, PGM 🎮, LOLZ 😆, ALIVE ❤️, etc ). Thanks and have good reading! 🍀
[ENGLISH VERSION]
Games are only 24% of the Dapps Industry and it is decreasing!
The beginning of the year was not very good for web3 games, since December 2024 when the maximum dUAW (Daily Unique Active Wallets) was reached, passing the 7.5M dUAW range. This number has been decreasing drastically until February 2025, reaching almost 5.8M in August last year, a drop of 16% compared to January.
I believe that this drop, in addition to the global financial scenario, also has to do with the fact that people have returned to their routines after the end-of-year holidays, having less time for web3 games in their daily lives. It is interesting that the others (DeFi, NFT and AI) also saw a reduction or stagnation, except for the Social part that saw a significant increase, surpassing 2.5M dUAW.
In the chart above, we can see that the DeFi sector has 27% of the activity, while Gaming has 24% and NFT has 15%. It is interesting, because these 3 are directly related and can be used together, which could mean that the Web3 gaming sector that has NFT and Game Fi represents more than 50% of the activity.
This is because NFTs are generally used in games and games generate tokens that can be converted into tokens to use in DeFis to take advantage of the effect of compound interest and let the tokens work for you. Thus, there is an entire ecosystem linked to Crypto Games.
Blockchain Networks x Web3 Games
Another interesting topic to explore is the blockchain networks that web3 games have chosen to operate on. In the top positions we have some networks with not so well-known games, opBNB in first place and Apto and Nebula. I believe that these numbers come from games that are not being widely publicized in the industry and there is also the issue that the games are multi-chain, taking into account the number of daily active wallets on all networks and not just one.
Ronin, which is better known in the Web3 Games community and had the opening for new games to enter the ecosystem with Open Ronin, had a reduction in the number of daily Unique Active Wallets. This reduction may have been because some airdrops such as Pixel Heroes and Kuro Wild Beasts have come to an end, but the next seasons will begin soon. Another interesting network for gaming is Immutable, which has risen 10%, and it is also worth keeping an eye on Abstract, which has been receiving a lot of attention and was recently launched.
What are the 5 largest NFT collections?
As I mentioned, several web3 games use NFTs in their technology, so it is interesting to analyze which are the largest NFT collections, which have been leading the games. Axie is very relevant since it occupies two positions, having a reduction of 17% in the month of February, but continues with a volume above $1M. Sorare is a soccer-focused game with a volume of nearly 4M.
How are Web3 Games Investments?
November and December were the months with the highest investments, but it seems that it has become very difficult since there was a big drop in January with only $16M. However, in February we had a significant increase to 55M.
However, even with this increase in February, we have several studios closing their doors or going to Web2 due to lack of revenue and investment in projects. Thus, even with increased investment, there is still very difficult for the studios to capitalize.
