Ahead for Gaming 2024 – Full Report Year Ahead for Gaming 2024 – Executive Summary Key Themes NFTs...NFTs....Gaming Covering mobile markets, opportunities in Asia, the nascent fully on-chain gaming sub-sector,...Theme #1: Web3 mobile gaming markets are primed for growth, especially in Asia.

Check out our previous NFT Platforms report for a high-level framework for thinking through the many...seeing influxes of activity as a result of the latest hyped-up NFT drop or some other event....Stardust Venly Enjin These projects have attracted serious attention from game developers and NFT projects...

Once the community is onboarded, they can be engaged through games, discounts and utility via NFTs, and...racing video games....In total, 6634 NFTs were sold....Or even more literally: the NFTs could be used in a game, like Louis Vuitton or Burberry x Blankos Block...The real game-changer comes when NFTs offer actual utility.

The project recently conducted its first NFT mint and is also developing a game called BattleMogs....The company’s use of play-to-mint campaigns, where the highest scoring users can mint in-game NFTs, has.... — Illuvium Feb 6, 2023 Crypto Unicorns released a new gameplay trailer for its upcoming Jousting game...

This represents a 6% fall from last month, but we are still up compared to the end of 2022....and non-gaming dApps, has just under 62% of tokens staked. ...Gameta is an NFT gaming platform on BNB Chain that hosts multiple hyper-casual and casual Web3 games.

Gala Games burns $660M in tokens, two new token standards aim to advance NFT utility, exciting updates...DeGame raised $6.5M to build an NFT gaming aggregation platform....Gala Games successfully transitioned to GALA v2 and burned $660M worth of GALA tokens....Welcome to another edition of Delphi’s monthly Gaming Roundup!

Planet IX continues to do well, with a further 43% increase in the total monthly number of UAW and a 61%...The number of transactions spiked more than 60% during this time as users started buying and trading...Oh Baby Games raises $6M in a seed round of investment.

...other free NFT drops, early access to games, and possible GuildFi token rewards....MIP-6 furthered this by setting forth the parameters in which the DAO could de-risk from their investments...Merit Circle’s Game NFT MarketplaceSphere is Merit Circle’s game asset-specific NFT marketplace....play-to-earn games?

Investments Fusionist raises $6.6M to continue development on its Web3 gaming initiatives....Tabi raises $10M in angel investments to build a gaming-focused NFT platform on the BNB Chain....Select Tezos-based games and NFTs will be featured on GameStop’s upcoming Playr platform as a part of...

...a reported 60M daily active users within one month!...Moreover, anecdotal estimates from incumbents valued the WeChat mini-game market at $6B in 2023, with...According to a CNBC calculation, the operating margin in the gaming business came in just under 6%, forcing...NFTs to progress through the game.

This decentralized gaming ecosystem, which includes a number of different games, NFT projects, and tools...marketplaces, and represents 95% of all gaming and NFT transactions on the network....But before we talk about the organization and how it has become the leading gaming and NFT ecosystem...

State of the Market As of September 30th, the total market cap for all gaming-related tokens was $6,155,888,213...Marketplace, and several Uniq NFT drops starting on September 6th that were purchasable with UOS....over the next 6-12 months will significantly impact the total number of new users attracted to blockchain...

State of the Market The total market cap for all gaming-related coins reached $6.29B, up over 20% from...rewards (LAVA acts as the ecosystem token), which has led to a relatively loyal community of holders. 67%...currency.The influx of new wallets was likely due to the recent doubling of referral token rewards from Oct. 6th...

Furthermore, ApeCoin was the only token in the top-10 by market cap that saw an increase in volume (6%...Heroic Story raised $6M to develop Web3 games inspired by tabletop RPGs like DnD....Fractal, a gaming-focused marketplace, also recently made the move to incorporate Ethereum NFTs....Square Enix announced its first NFT game, Symbiogenesis.

PussyDAO, a DAO connecting NFTs to physical objects (like clothing), officially goes live....TalentDAO bets on modular governance based on soulbound NFTs instead of fungible governance tokens....We think there are some exciting possibilities in the intersection of NFTs, fungible tokens, and in-game...base and make the game unplayable.

...funding for 2024 to $673M....Overworld Incarnas – the most hyped NFT collection at the start of this year – lost over 75% from its...Genesis NFTs from collections like Infinigods, CityVerse Tycoon, and Pirate Nation have continuously...grown their floor price, while most gaming NFT collections have been underwater.

Gaming NFT Market As previously mentioned, Web3 gaming NFTs have shown small signs of recovery over the...NFT collections by marketcap. ...almost doubled from 33 to 64....XAI, and SAGA, all launching with between 6% and 17% of their tokens unlocked (including both controlled...

Here, McKinsey estimates these purchases have lowered the U.S. borrowing rate by 50 to 60 basis points...exporters and companies that compete with foreign imports, imposing a net cost of an estimated $30B to $60B...French President Emmanuel Macron’s move to raise the retirement age in France from 62 to 64 serves as...This, my friends, is the End Game.

The average yearly funding amount has dropped by 66% since 2022 and 56% compared to the year prior....Q3 funding in 2023 fell 64% year-on-year (YoY), compared to Web3 gaming’s 66% decline....Additionally, as mentioned in the Year Ahead: NFTs report, advancements with the ERC-6551 token standard...