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According to a recent report from DappRadar, on-chain transactions and Unique Active Wallets (UAW) for Web 3 games will register 37% and 60% growth in 2022.
According to DappRadar, the top three most popular gaming blockchains are Wax (WAXP), Hive (HIVE), and BNB Chain (BNB), with 353,000, 234,000, and 136,000 daily UAW respectively. report.
Today, 1.15 million UAWs connect to gaming dApps every day, a 60% increase over 2021. This daily increase in gaming UAW numbers also allowed gaming to dominate his DeFi UAW in 2022.
In 2021, Defi UAW dominated with 41% of the industry share, compared to Gaming with 39%. This changed to 28% in his Defi and 49% in Gaming in 2022, positioning his UAW in Gaming as the market leader.
Meanwhile, on-chain game transactions will grow to 7.4 billion in 2022, a 37% increase from 2021 and a staggering 3,260% increase from 2020.
This growth was recorded despite the impact of the bear market that has shrunk many aspects of the crypto space. However, gaming activity now accounts for 49% of his on-chain activity tracked by DappRadar.
Retaining its 2021 ranking, Wax remained the most popular gaming blockchain with the highest number of daily UAWs. Wax collects 353,000 UAW daily, up 57% from 224,000 in 2021.
Hive, BNB Chain and Polygon (MATIC) followed WAX as second, third and fourth in the rankings with 234,000, 136,000 and 97,000 daily active UAWs respectively. The 2022 figures marked 96% and 20% year-over-year growth for Hive and BNB chains.
However, Polygon’s UAW numbers in 2022 registered a staggering 338% growth from 2021. The chain’s expansion is due to the popularity of games such as Arc8, Benji, Bananas, Crazy Defense Heroes, and Pegaxy, according to reports.
Flow (FLOW), which increased the number of UAWs per day from 138 to 12,300 in 2021, recorded the strongest growth at 8,881% in 2022.
Through 2022, Web3 Gaming and the Metaverse Project have jointly raised $7.6 billion in investment. This is his 59% increase from 2021.
In 20219 and 2020, the total investment raised in these areas was measured in millions. It will reach billions of dollars for the first time in 2021, bringing the total to $3.7 billion.
The three most significant investments that fall into this category in 2022 are Flow’s $725 million ecosystem fund, Immutable X’s $500 million investment fund, and Yuga Labs and Polygon each raising $400 million. It was a $50 million funding round.
The chart above breaks down the $7.6 billion spent on games and the metaverse in 2022. Another $2 billion was spent on individual games and metaverse projects, accounting for 27.3% of the total. The Guild and Incubator programs earned another $1.4 billion, and the investment firm took his $1 billion.
