Crypto Research Reports & Releases

Mobile is the dominant global gaming platform. The proliferation of fast wireless internet and comparatively low hardware costs are all key factors that are driving widespread adoption. It has been reported that in 2022, consumers spent an average of five hours per day on their mobile devices.

At some point, Yuga Labs understood that it could not perpetually release additional NFTs or minor perks in order to maintain user engagement and the FOMO-driven high valuations. Thus, the company adjusted its strategy to focus on content and revenue-generating business models.

Despite the total number of deals in June falling by 47% compared to May, the total funding raised remained relatively stable ($89.4M vs. $85.8M). That said, Mythical Games’ $37M Series C1 round of funding skews the data to make it look like the average raise per project has increased from last month.

If you believe blockchain’s role in gaming is to evolve beyond an incremental value add, then a natural path of progression for many projects will be towards an end-state that is fully on-chain. This transition of state will subsequently lead to a meaningful expansion of the surface area for experimentation.

Welcome to another edition of Delphi’s monthly Gaming Roundup! As always, we have curated the latest and greatest data and news from the past month to keep you updated with everything that’s going on in the Web3 gaming sector.

As mobile gaming grew its share of the global games industry, representing roughly half of total revenue, the free-to-play (F2P) business was booming. Following a model of onboarding first and monetization later via in-app purchases (IAPs), F2P quickly carried the industry to new all-time highs.

Despite the broader crypto market performing quite well in April, with ETH making a run past $2,000, the Web3 gaming sector continued to follow a downward trend. This report will add color to the current market conditions to inform readers on what to expect in the coming months.

Heavily inspired by Tamagotchi digital pets, Aavegotchis are NFT collectibles that enjoy the on-chain benefits of DAOs, DeFi, and gaming. Aavegotchi was birthed from an Aave ecosystem grant and resides within Ethereum’s leading side chain, Polygon.

We have reached the end of the first quarter of 2023! In this month’s edition of the Gaming Roundup, we will take a look at the markets and how gaming assets have performed over the past three months. We will also highlight some standout performances along with your monthly montage of industry news.

TreasureDAO is the 5th largest entity on Arbitrum by transactions and log occurrences. This report will outline the past, present, and potential future for one of the most promising Web3 gaming ecosystems you may never have heard of.

In this month’s edition of the Web3 Gaming Roundup, we will take a look at the sector’s performance over the 28 days of February as well as highlight some points of interest.

Crypto games, often referred to as GameFi, have created an allure previously nonexistent in traditional games for the average player -- monetary incentives. The amalgamation of gaming and finance has pulled in players worldwide along with, inevitably, gaming bots.