<p>A new report from <a href="https://dappradar.com/" rel="noopener noreferrer nofollow">DappRadar</a> and the <a href="https://www.blockchaingamealliance.org/" rel="noopener noreferrer nofollow">Blockchain Game Alliance</a> confirms that blockchain gaming is defying the bear market with $300 million raised in July and more than one million daily Unique Active Wallets (UAWs). Blockchain games represents almost 60% of crypto industry’s usage, and with $857 million in transactions last month.The amount of gaming-related transactions is also significantly larger than any other market area, with a current total of $807 million, a 6% increase from June and a 41% increase from the previous year. The second-closest sector, DeFi with $51 million, shows a decline of 33% month-over-month and 61% down from the previous year.</p><h2 id="header-0">GameFi overtakes DeFi</h2><p>Alien Worlds, one of  the most played blockchain games with 205,285 average daily UAWs, an increase of 8% from June, featured in this week’s <a href="https://dappradar.com/dappdays" rel="noopener noreferrer nofollow">DappDays</a>, a five day educational event organized by DappRadar. Activities included supporting articles, videos, quizzes and over £10,000 in giveaways, as well as a daily AMA featuring five gaming and metaverse dapps.</p><p>Read the full article: <a href="https://nftandgamefi.com/2022/08/11/blockchain-games-defy-the-bear-market-as-gamefi-overtakes-defi/" rel="noopener noreferrer nofollow">Blockchain games defy the bear market as GameFi overtakes DeFi</a></p>

Blockchain games defy the bear market as GameFi overtakes DeFi

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