The GameFi sector continues to lead the way in blockchain and crypto. Despite the continued downturn in the crypto market by the latest numbers from DappRadar revealThat Web3 Games and Project Metaverse raised $748 million last month, a 135% increase from July, but still a 16% drop compared to June.
Blockchain games raised $3.1 billion in the last quarter, which by 2022 has raised more than $6.9 billion. This year’s forecast appears to indicate investment could reach $10.2 billion, up 20 percent from $4 billion in 2021. The figure suggests investors still trust GameFi, though. There will be unstable market conditions.
“Overall, we note that 38% of the investment goes into infrastructure, 33% for games and Metaverse projects, and 27% for investment firms,” the report states.
More than 50% of industrial applications remain in the blockchain game, despite a decline of 11% from last month. It dropped to an average of 847,000 Unique Active Wallets (UAW) per day.
On the NFT token side, total game-related trading volume increased 13.25% in August. And sales rose 83.36% to more than 1.3 million tokens. A recent ChainPlay survey found that 75% of GameFi investors joined the crypto space for gaming projects only, and 81% value a more positive in-game experience. making a profit
Sales for the Metaverse project were up 38.62% month-over-month to 19,354, while trading was down 28.90% to $22 million.
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