Weekly GameFi Update (Week 26, 01/07/2022 - 07/07/2022)
Axie Infinity introduces land staking. Niantic partners with NBA to create AR game ‘NBA All-World’. Oasys raises US$20M with the help of Crypto.com Capital.
Key Takeaways
On Friday, Axie Infinity announced the introduction of ‘Land staking’. Players will be able to stake up to 30 land plots in one transaction and be rewarded through active gameplay.
Niantic has partnered with the National Basketball Association (NBA) to create an original augmented reality (AR) free-to-play game called ‘NBA All-World’, where users can compete against NBA hoop stars.
Oasys raised US$20M in a private token sale round with the help of Crypto.com Capital, among others. Oasys aims to solve challenges inherent to Web3 gaming such as slow transaction speeds, high gas fees, and unoptimised interfaces.
The total market cap for GameFi tokens now stands at US$9.24 billion, up +6.33% from last week.
Highlights
Timbaland lights up the metaverse with Bored Ape music video
Music streaming service Anghami buys Spotlight in metaverse push
South Korean convenience store CU helps bring booze culture to metaverse
Lickd inks two-year metaverse music deal with Decentraland’s Vegas City
Nancy Ajram to illuminate Decentraland with Sah Sah launch party
Animoca Brands leads US$32M funding round for Planetarium Labs
Konvoy Ventures launches US$150M fund to invest in blockchain games
Top Gainers and Losers
*Gaming Infrastructure tokens: ENJ, FLOW, WAXP, UOS, MBOX, DAWN, GALA, IMX
*Gaming Utility tokens: AXS, MANA, SAND, ALICE, ILV, ATLAS, POLIS, GODS, GMT, DAR, AURY, APE, PYR
*Gaming Guild tokens: YGG, MC, UNIX, GGG, AGV
Top Games Metrics
* Week-on-Week (WoW) % change is calculated based on the differences between two consecutive seven-day periods
* Users refer to the number of unique wallet addresses interacting with the dApp's smart contracts
* Weekly Volume refers to the total amount of incoming value to the dApp's smart contracts during the seven-day period
* Weekly Transactions refer to the no. of transactions made on the dApp’s smart contracts during the seven-day period
* Stickiness refers to the ratio of daily active users (DAU) to monthly active users (MAU). A high stickiness means users consistently return to the dApp.
* Weekly volume using Splinterlands data is approx US$271K.
* Alien Worlds, Splinterlands, MOBOX, Sunflower Land, Pegaxy, SecondLive, Axie Infinity, DeFi Kingdoms data
from DappRadar
* STEPN data from Dune Analytics
Top 15 Largest Tokens
Source: CoinGecko, Crypto.com Research
Daily Gamers by Blockchain
Thank you for reading! We hope you find our Weekly GameFi Update enlightening!
Hungry for more? Visit our Research Hub and University to access other insightful crypto research!
Share with a friend if you like our email!
how to get pay online
Alluda