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Market Insights – Web3 Gaming

Ephraim Austin

Ephraim Austin

May 12, 2023

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
  • Weekly funding news
  • New games added
  • Upcoming launchpad sales

Top 10 Gaming Projects by Market Cap 

  • ApeCoin is still holding down the number one spot with a $1.19 billion market cap as the gaming sector was down with the overall markets. 
  • The composition of Top 10 gaming stayed roughly the same this week (no new entrants).
  • This week’s only bright spot was FLOKI which ended the week up ~6% as meme coin season heated up; we’re looking at you PEPE.  

Top 10 Gaming Projects Market Movers

  • It was a tough week as there were only four tokens that ended the week in the green.
  • This week investors favored Crypton, FLOKI, Star Atlas and MonkeyLeague
  • The weekly losers were led by Delysium with no significant news. 
  • NFT Worlds was down 36% as the former Minecraft game rebranded to Topia. 


  • 5/8/23: Web3 game studio Aether Game has raised $4.5 million in a token and equity round with participation from Magic Eden, Mysten Labs, and Polygon. The firm will utilize the capital to develop its games “Cards of Ethernity” and “Gates of Ethernity” (Link).

Games Added to P2E Analytics

  • Aether Games is a Transmedia development studio that combines traditional gaming and blockchain technology to create immersive experiences across various media formats.
  • Mobaverse: Developed by PlayCraft, Mobaverse is a multiplayer online battle arena (MOBA) game that uses NFT heroes to engage in battles.
  • GOALS is an action and esports massively multiplayer online (MMO) football game on the blockchain.
  • Karate Combat is a full-contact striking league with immersive CGI environments created using Epic Games’ Unreal Gaming engine. 
  • Rumby Stars is a strategic casual arcade Web3 game developed by South Korean blockchain game company GOMBLE.
  • Royale Chess is a ten-player, battle royale chess Web3 game built by game dev company SuperDuperSecretCo.
  • MetaGravity is a company that develops the fabric for scaling the Metaverse. Moreover, MetaGravity is also building a medieval fantasy MMO game called Edge of Chaos.

Launchpad – Upcoming Sales

Below are upcoming gaming sales found on Seedify and Polkastarter: 

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

Amazy is a GameFi fitness app that allows users to wear virtual sneakers and walk or jog to earn $AMT tokens.

Date of Sale: TBA

War Legends is a tank-based Web3 multiplayer online battle arena (MOBA) game set in an 

alternate history where WW2 never ended.

Date of Sale: TBA

Citizen Conflict is an upcoming free-to-play hero shooter game built in Unreal Engine 5 and launching on the BNB Chain. The game is looking to raise $650,000.

Date of Sale: TBA

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Market Insights – Web3 Gaming

Top games by market cap, gainers and losers, fundraising, new games and launchpad sales.


Ephraim Austin

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