DappRadar Forecasts Huge Growth For Blockchain Gaming In 2023

DappRadar released its forecast for the blockchain gaming sector in 2022 on Thursday. Several intriguing developments from the previous year are highlighted in the study, which is likely to shape 2023. On-chain payments and the variety of active wallets have risen as a result.

According to DappRadar, gaming is responsible for a substantial chunk of on-chain activity in the Dapp ecosystem—nearly half of it. On-chain game transactions rose 37% from the previous year to reach 7.4 billion and have grown by 3,260% since 2020.

With a 97,384 dUAW average, Polygon was among the year’s top performers. From 2021, a UAW increase of 338.37%. Similarly, 2023 has started well for the Ethereum side-chain. According to an announcement this week, Fractal, a Web3 game platform, will be added to its network. Added evidence that Layer 1 is bullish.

FRACTAL IS EXPANDING TO POLYGON  @fractalwagmi mints, tournaments, marketplace, and studio are now available #onPolygon Excited to announce the launch with Fractal’s 30 Polygon partners. Watch the video reveal

Splinterlands is the most popular game, with 235,499 average unique active wallets in 2022, with 1 million monthly transactions and 5 per wallet. However, activity decreased after the economy and rewards changes in August, ending the year at 157,681 dUAW.

2023: A Growth Year for Blockchain Gaming

1/ Despite the crypto market downturn of 2022, gaming remains a driving force for the Web3 industry, accounting for ~50% of all blockchain activity tracked by DappRadar. What actually happened in the gaming space last year? DappRadar x @BGameAlliance Games report explains

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DAO economies in games are an exciting trend, like Alien Worlds’ syndicates, which offer decentralized governance and community-driven gameplay. In 2023 Blockchain gaming to improve UX with secure, easy-to-use wallets for new users.

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