According to the report. Blockchain games continue to drive the Web3 revolution. Games accounted for more than 48% of all blockchain activities in the third quarter, and the Move2Earn type is causing waves. Although the investment data declined in September, the number of independent active wallets in the blockchain game industry increased by 8% month on month. The following is a detailed report of the photo content.

Movers and shakers of blockchain games

Alien once again topped the list in the third quarter, with an average of 190770 unique activity wallets (UAWs) per day, and Q2 increased by 14%. Another game, Land of Splitting, was the second largest blockchain game in this quarter, with an average daily UAW of 159522, down 47% from Q2.

Gameta, the Web3 game platform, became the most used DApp in September with a staggering 1.83 million users. In September, its daily only active wallet increased by 109% to 69K, a 253% increase over Q2. Similarly, the UAWs of Bangui bananas increased by 2468% on September.

However, the initial sensation of making money from games, Axis Infinity, has fallen out of favor. In the third quarter, compared with Q2, the number of daily UAW of games decreased by 86%. This reflects a growing sentiment that the type of game making money summarized by Axie Infinity is being replaced by a new wave of blockchain games.

Is virtualization abandoned?

The Yuan Universe project experienced a sharp decline in the third quarter. Q2's trading volume declined by 91.61% to $74 million, and its sales decreased by 37.54%. Despite the support of Snoop Dog, the transaction volume of Otherdeed dropped significantly. The Yuanuniverse platform accounted for 73.98% of the total trading volume of Yuanuniverse in the third quarter, with a sales volume of 54 million US dollars, down 92.70% compared with Q2.

Netvrk Land increased by 54.16% (US $173000) over the previous month, but still 62.34% lower than Q2, the lowest transaction volume since records. In addition, the transaction volume of NFT in the third quarter decreased by 80.62%, and the sales volume was 3.6 million dollars. Obviously, this recession was caused by the ban on NFT by My in July.

However, from a more positive perspective, Move to Earn dapp, led by STEP, is gaining strong momentum. The company celebrated its first anniversary in September. The monthly cumulative users of STEP exceeded 3 million, and the shoes produced in the third quarter exceeded 735000 pairs. However, the number of active users decreased by 67% to 482K. Sweat Economy announced the arrival of its Web3 at NEAR, which was the largest NFT air drop in the history of the agreement and caused a huge sensation. On September 13, they distributed sweat tokens to as many as 13.5 million token holders.

After SWEAT set a sales record on DAO Maker, the Sweat Wallet application became the financial application with the most downloads in 51 countries. Since its launch, the application has more than 1.3 million active users and more than 1.5 million transactions, marking that sweat has become the main force of Web3.

The blockchain game industry should pay attention to Vulcan Forged, which has obtained a capital of 8 million dollars led by SkyBridge Capital, an investment company founded by Anthony Scaramucci, the former communications director of the White House. This investment aims to accelerate the expansion of "Metascapes", an immersive meta universe game that allows players to build their own territories and save data through NFTs.

The paradigm shift from Web2 to Web3

On September 10, Atari X announced the launch of Atari Sunnyvale, a large social and gaming experience in a sandbox, featuring an environment based on classic Atari games. A few days later, the mobile team based action role-playing game Guardian Association (GOG) announced that it had reached multi-year agreements with eight of the world's largest and most prestigious professional e-sports organizations.

Most importantly, Blackos Block Party and Star Atlas were launched on the Epic Games Store, opening a new door for Web2 gamers.

epilogue

In summary, the third quarter game report of DappRadar shows a positive outlook for Web3 games. Although the investment in blockchain games and meta universe projects decreased by 48% in the third quarter, the funds raised in this part were almost twice the total amount last year. A new wave of game players continue to migrate to Web3. With the emergence of a large number of exciting emerging stars in the ecosystem, Web3 games clearly have a bright future.