Web3 Gaming – Market Insights 3-10-23

Ephraim Austin

Mar. 10, 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
  • Web3 gaming funding announcements
  • New games launched
  • Upcoming Launchpad sales

Top 10 Gaming Projects by Market Cap 

Top 10 Web3 Games by Market Cap
Source: CoinMarketCap

  • ApeCoin is still holding down the number one spot with a $1.5 billion market cap as we ended the week in the red.
  • This week we saw a major market sell-off as Sillvergate announced liquidation and regulators continued their campaign against crypto.
  • The top 10 gaming projects by market cap stayed relatively constant this week with no notable ranking moves.     

Top 10 Gaming Projects Market Movers

Web3 gaming - top gainers and losers
Source: CoinMarketCap

  • Volt Inu is the top gainer this week, up 22% after being listed on Huobi.
  • MARBLEX and Monkey League were 16% and 10% respectively with no significant news. 
  • Step App led this week’s losers, down 33% with no significant news. 
  • The rest of this week’s losers appear to be down on negative market sentiment. 


  • 3/7/23: Redemption Games has spun out of AppLovin and it has raised a new round of $7 million as an independent game studio. (Link).
  • 3/8/23: Matchday, a Web3 football game developer, raised $21 million in a seed round led by Courtside Ventures. (Link)

Games Launched

  • NightVerse is a metaverse game where you can catch pets, make friends, and battle in the virtual world.
  • World Super League is a fantasy football game. 
  • Jadu is a next-gen multiplayer AR fighting game found on BNB Chain.
  • DESHGAME is a Web3 fishing game built on Arbitrum.
  • GOGA is an AI-based E-learning dApp where users can play to learn and earn
  • World of Dypians lets players explore a world without end in a quest to form their destiny. Players can create their own tools and armor to assist in their journey.
  • FATES takes place in a time where human existence on planet Earth is in danger. Humanity will need to evacuate a ruined Earth and work together to build a new future within our solar system.
  • Petobots is an NFT collectible game. 
  • R3VENGE is a zombie first-person shooter game.
  • Octo Gaming is a variety of hyper casual play & earn games. 

Launchpad – Upcoming Sales

Below are upcoming gaming sales found on the Seedify launchpad: 

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.

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

alternate history where WW2 never ended.