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 $1.9 billion market cap, up 5.69% on the week as the markets have heated back up.
- This week the top 10 gaming index has a new name: Illuvium, up 12.8% at a $184 million market cap.
- Render continues to outperform the market, up 27.8% on the week. The RNDR token is up over 300% in the last month thanks to the launch of a new foundation and the passing of a new tokenomics model.
- MAGIC was up over 40% on the week as metaverse-related names continue to outperform. MAGIC is the utility token used to buy and sell NFTs on the Trove marketplace.
Top 10 Gaming Projects Market Movers
- FLOKI leads the top gainers up 167% after Elon Musk tweets a picture of his dog Floki.
- WEMIX gained 102% over the past week after being listed on Coinone.
- SENATE finished the week up 55% as investors speculate on the AI aspect of the project.
- COCOS and Decentral games rounded out the top 5 gainers without any significant news.
- The losers this week were led by DeRace and Aurory without any significant news.
Funding
- 2/17/23: Blockchain gaming studio Unagi raised 4.7 million euros led by Sisu Game Ventures. Link
- 2/17/23: Nefta, a UK-based Web3 gaming and entertainment platform, raised a $5M seed investment funded by venture firm Play Ventures’ Future Fund. Link
Games Launched
- Zombie Outbreak Survival is a survival-themed MMORPG on WAX.
- Apex Kings is a car collecting and racing game on WAX
- Waxel is based on the popular Waxel Ninjas Collection found on the WAX blockchain.
- The Forge Arena is an FPS game built on WAX blockchain.
- GONFTY is building an NFT Web3 on-chain gaming metaverse platform ecosystem on Myria.
- Pome Survival is a Web3 gaming studio centered around the $BNB ecosystem with its original content and in-house development teams.
- Idle Mine is a free-to-play game where you convert your idle time into USDT.
- CYBASPACE is an MMORPG that gives you the power to own and trade everything in a vast cosmos of fast-paced action, puzzle solving & complete customization.
- Neos Metaverse is a peer-to-peer virtual reality metaverse for creators, educators and online communities.
- Titans of War is a historic trading card game on ImmutableX.
Upcoming Launchpad 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
