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Tag: Innovation

Blockchain Gaming and Virtual Worlds Market Report April 2023: DappRadar

Blockchain Gaming and Virtual Worlds Market Report April 2023: DappRadar

The article gives insights into the Growth, Fluctuations, and Innovations in the Blockchain Gaming and Virtual Worlds Industry. Blockchain gaming experienced a slight decline in activity in April 2023 according to a recent report by DappRadar. The report suggests a 10% decrease in overall activity. However, blockchain games still accounted for 38% of on-chain activity, demonstrating their continued relevance and potential for growth. The emergence of new gaming chains such as Arbitrum and Immutable X, with Arbitrum experiencing a 118.36% increase in users and Immutable X witnessing an 8.88% growth, reflects the ongoing expansion of the blockchain gaming ecosystem. This growth will lead to further innovation and a wider range of gaming experiences in the future. WAX is the most popular game chain right now, with more than 320,000 unique active wallets (UAW) being used every day. Polygon is in second place with more than 140,000 UAW, followed by Hive with about 86,000 UAW and BNB Chain with 82,000 UAW. Game makers and investors are both interested in Sui, a new blockchain network.

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