2024

Dragon

<ul class="wp-block-list">
 <li>Crypto Dragon marked a milestone, reaching 300,017 transactions from August 18 to August 22, as per Footprint Analytics.&nbsp;</li>
 <li>The weekly trending list of games includes Europe Fantasy League and Gangster Arena 2.&nbsp;</li>
 <li>The blockchain gaming market is projected to increase from $10.2 billion in 2024 to $304.3 billion by 2033.&nbsp;</li>
</ul>
Nowadays, blockchain-based games are gathering a massive spotlight from the broader gaming community. The evolving decentralized will likely surpass traditional gaming in the next few years.&nbsp;&nbsp;
According to the data from Footprint Analytics, Crypto Dragon, a blockchain-based game, recorded a significant spike in the number of transactions. It recorded around 300,017 transactions between August 18 to August 22.&nbsp;
🏆 Top Blockchain Games of the Week ⛓️🎮- Part 1 🗓️ Aug 18-24 🫶w/
The list of most trending games in this period includes Europe Fantasy League with 87,431 transactions; Gangster Arena 2 recorded 4,507 transactions; the Lost Glitches with 262,914; and WarEden with 36,176, among others.&nbsp; Blockchain Gaming Market Size 
The sudden outbreak of the COVID-19 pandemic severely impacted various markets across the globe. With most of the world’s population under lockdown, virtual gaming platforms experienced a spike in traffic and usage.&nbsp;
The Web3 gaming market is projected to experience rapid growth, increasing from $10.2 billion in 2024 to $304.3 billion by 2033 at a compound annual growth rate (CAGR) of 67.7%.
This emerging market combines blockchain technology with video games, creating an innovative industry.&nbsp;
According to research by DaapRadar, the Web3 industry saw an uptick in Q2 2024, with daily Unique Active Wallets (dUAW) soaring to 10 million, representing a 40% jump from the previous quarter.&nbsp;
This growth momentum was particularly pronounced in the blockchain gaming sector, which witnessed a 33% increase in dUAW, reaching 2.8 million by the end of the quarter. Traditional Gaming Market Size&nbsp;&nbsp; 
The mainstream gaming market is expected to reach $244.22 billion by the end of 2024 and is expected to grow 10.17 CAGR and reach $397.21 billion by 2029.
The video games market is experiencing significant growth, with a projected user base of 1.472 billion by 2027. This expansion is accompanied by a rising user penetration rate, expected to increase from 16.9% in 2024 to 18.5% by 2027.
Among the various market segments, In-game Advertising dominates with a market volume of $109.60 billion in 2024. On a global scale, China is leading the charge, generating an impressive $94,490.00 million in revenue in 2024, solidifying its position as a critical player in the market.
Japan is at the forefront of innovative game development and setting new trends in the market.&nbsp; Top Blockchain Gaming Companies&nbsp; 
Hundreds of companies offer Web3 and blockchain-based games, but some of the leading ones include Mythical Games, Animoca Brands, Pixels, The Sandbox, Planetarium, and Azra Games, among others.&nbsp;
Mythical Games is a prominent player in the blockchain gaming industry, known for developing popular games such as ‘Blankos Block Party,’ and ‘NFL Rivals,’ created in partnership with the NFL.&nbsp;
Mythical Games boasts a rapidly expanding user base, with over 1 million registered players and more than 500,000 monthly active users. The company operates on its proprietary blockchain platform, Mythical Chain, designed to deliver fast transaction processing, low latency, and high scalability.&nbsp;
Animoca Brands is a well-known blockchain gaming giant famous for its games like ‘REVV Racing,’ ‘MotoGP Ignition,’ and ‘F1 Delta Time’.&nbsp;The company generates revenue through game development, publishing, digital asset sales, and strategic licensing and partnerships.&nbsp;
It has over 100 million registered users and over 10 million monthly active users.&nbsp;The Sandbox is a decentralized, community-driven blockchain gaming platform built on the Ethereum blockchain, enabling users to create, sell, and own digital assets and experiences.
Users can create and trade digital assets, such as 3D models, textures, and scripts, utilizing the platform’s native token, SAND.&nbsp;
The Sandbox offers robust tools and resources for developers to craft immersive games and experiences, fostering a vibrant community-driven ecosystem where users actively participate in governance and decision-making.&nbsp;
The platform has formed strategic partnerships with renowned brands like Atari, Shaun the Sheep, and The Walking Dead.&nbsp;

Blockchain Game Crypto Dragon Records 300,017 Transactions

Todayq News

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