Welcome to our weekly Web3 Gaming Market Insights where we break down key trends in the Web3 Gaming market.
In this article, we’ll be covering
- Top 10 games by market capitalization
- Top 10 gainers/losers for the week
- Web3 gaming funding announcements
- New games launched
- Upcoming launchpad sales
Top 10 Gaming Projects by Market Cap
- ApeCoin retakes the top spot at a $2 billion market cap, up 1.7% on the week with no significant news.
- This week we are mixing up the top ten! WEMIX jumps up to the number five spot, up 27% on the week after being listed on Coinone.
- FLOKI jumps to number seven at a $441 million market cap after making gains from a tweet about Elon’s dog, Floki.
Top 10 Gaming Projects Market Movers
- Cocos-BCX takes the top spot this week after gaining 152%. Binance recently announced it will launch a COCOS perpetual contract with up to 20x leverage.
- Dvision Network ended the week up 53% without any significant news.
- SIDUS jumps 42% after being listed on Kucoin.
- GameZone and Aavegotchi rounded out the gainers with no significant news.
- The top losers finished the week without any significant news.
Funding
- 2/23/23: Iskra, a Web3 gaming platform for gamers and developers, invests around $77,000 HD Labs to boost its Web3 gaming projects. Link
- 2/23/23: Magic Eden invests in 11 Web3 gaming studios. Link
- 2/23/23: India-based Web3 gaming startup Kratos Studios has raised $20 million in a seed funding round led by venture capital firm Accel. Link
- 2/23/23: Metaverse role-playing game Worldwide Webb recently secured $10 million in a Series A funding round led by venture capital firm Pantera Capital. Link
Games Launched
- TorqueMotorsport is an upcoming blockchain-enabled motorsport game and is part of Animoca Brands.
- GeocachinGO is an augmented reality game that merges scavenger hunting with the benefits of reducing your carbon footprint.
- World of Mining is a Move-to-Earn application on BNB Chain that allows you to make money by moving around in the real world.
- Kratos is the IP owner of one of the world’s largest gaming DAO – IndiGG.
- Treaty allows you to take on the role of governor of your own nation in a fully-on-chain world. In this game, you must make strategic decisions on how to allocate resources, expand your territory, and choose which players to trust and collaborate with.
- Phi is a whole new Web3 world created directly from ENS & wallet activities, enabling the easy visualization of on-chain identities. It encourages users to interact with various web3 protocols, which provides a positive feedback loop to the entire crypto ecosystem
- Pixel Battle Pixel Battle is a casual shooting game where you can experience PVP and PVE through various weapons and skills by controlling NFTs called Mecha.
- Taitiko is a Play & Earn game based on minigames with no handicaps, and no skills needed to be a winner.
Launchpad – Upcoming Sales
Below are upcoming gaming sales found on the Seedify & Polkastarter launchpads:
Kaokuma is a multiplayer online APRG game with immersive combat systems and mechanics within a graphics-intensive metaverse. Players will play a role and fight in epic battles using specially designed NFT assets.
Date of Sale: TBA
Games for a Living (G4AL) develops AAA-quality blockchain games and tools for gamers & developers to benefit from Blockchain technology.
Date of Sale: TBA
ARtonar is the first app-less 3D and augmented reality NFT generation platform for the metaverse.
Date of Sale: TBA
Realm Hunter is a quest-based, semi open world RPG play and earn experience inspired from the likes of Pokemon and Genshin Impact
Date of Sale: TBA
Aradena Battlegrounds is a medieval fantasy metaverse. Fight with medieval warriors and fantastical beasts in a revolutionary PvP miniature strategy combat genre.
Date of Sale: TBA
Citizen Conflict is an upcoming free-to-play hero shooter game built in Unreal Engine 5. The game offers multiple enhanced game modes such as Extraction or Battle Royale. Target fundraise $650,000.
Date of Sale: TBA
