Over 25% of on-chain activity in Q3 driven by blockchain gaming, data shows

https://crypto.news/over-25-of-on-chain-activity-in-q3-driven-by-blockchain-gaming-data-shows/

5 Comments

  1. tldr; Blockchain gaming dominated the web3 landscape in Q3, capturing over 26% of on-chain activity, according to DappRadar’s report. This was driven by 4.4 million daily active wallets, a 21% increase from the previous quarter. The Ronin Network led with over 1 million daily wallets, a 34% growth. Despite high activity, investment in blockchain gaming fell by 90% to $110 million, with most funds going to infrastructure projects. The metaverse saw declining trading volume but rising sales, indicating sustained demand.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. MichaelAischmann on

    So what are the games people play?

    Is it play to earn or is it actually fun or even both?