Compiled by | Odaily Planet Daily
Author | 0xSekiro
The blockchain game sector has been in a high heat since the sentiment rebounded. Although the market’s FOMO for new blockchain game projects has decreased compared to the beginning of the month, more attention has been paid to the performance of the secondary market of high-quality blockchain game projects. Odaily Planet Daily has reviewed the performance and development of representative blockchain game projects in the secondary market.
Secondary market performance of blockchain gaming sector
In the past week, the blockchain game sector has seen a gratifying rise, with 7D rising 16.7% and a current market value of $13.2 billion, up about 30% from $10.2 billion 20 days ago. In contrast, in the past 20 days, the number of tokens in the GameFi sector has increased from 285 to 297, with only 12 projects added, an increase of 4.2%, indicating that the flow of funds prefers the secondary market of blockchain games. In addition, from the perspective of the general trend of blockchain game development, according to a recent report by Game 7, only 223 Web3 games have been released so far in 2023, a 65% decrease from 2022 (640) and about 73% less than 2021 (811).
In response to this situation, Robbie Ferguson, co-founder and president of Immutable, believes that many excellent Web3 games are about to come out, but this requires patience. Recently, investment in Web3 games has increased significantly, and developers are focusing on making outstanding popular games.
Among the gaming projects that have issued tokens, 87 projects have seen a positive increase; among them, Gameswift, a gaming ecosystem based on ZK, led the increase with a 154.2% increase. In addition, several other projects that have received attention are as follows:
The 3A-level MMORPG game SIDUS Heroes token SIDUS has increased by 104.4% in the past 7 days; the STEPN token GMT has increased by 32.8% in the past 7 days; APE has increased by 29.3%; BIGTIME has increased by 11.8%; and GALA has increased by 10.8%.
In terms of blockchain gaming NFTs, according to NFT Price Floor data, the NFT floor price in the gaming sector has increased by 12.82% in the past 7 days, exceeding the growth rates of PFP, art, history, metaverse and practical NFTs, ranking first in the sector.
Among them, the game NFT with the largest increase in 7 days is BlockGames Dice, with a 7-day increase of 253.8%, and the current floor price is 0.73 ETH; Impostors Genesis Aliens ranked second in terms of increase, with a 7-day increase of 152.25%, and the current floor price is 0.84 ETH; in addition, The Grapes’ current floor price is 2.83 ETH, with an increase of 60.8% in the past 7 days.
In contrast, games with the largest drop in floor price in the past 7 days include Oxya Origin, which fell by 44.83%, and the current floor price is 0.16 ETH; Cool Cats FC has dropped by 21.35% in the past 7 days and the current price is 0.0007 ETH.
Hot games/game platform dynamics tracking
1. Frenpet
Official website: https://frenpet.xyz/
Introduction: Frenpet is a pet training GameFi based on the Base chain. Players can purchase items by purchasing $Fren Pet tokens, and by feeding food and bonk pets on the leaderboard, players can make their pets earn more points.
Latest news: Two new pets, Panda and Koi, have been launched recently; and the Gas calculation problem has been optimized. Current transactions will be 50% cheaper than before.
Related link: https://twitter.com/frenpetonbase/status/1728601356045259032
2. Stepn
Official website: https://stepn.com/
Introduction: Stepn is a web 3 lifestyle app with Social-Fi and Game-Fi elements. Players can earn income by walking, jogging or running outdoors.
Latest news: Recently launched the MOOAR Genesis Shoes; at the same time, the cooperation activity with GasHero has progressed to the sixth round. By participating in the event, you can win GasHero BCV and 2 heroes. In addition, its new game GasHero will start community testing on November 27.
Related link: https://twitter.com/Stepnofficial/status/1728049354324279588
3. Big time
Official website: https://bigtime.gg/
Description: Big Time is a multiplayer cooperative RPG adventure game that combines fast-action combat, NFT collection, and history. In the game, players travel through time and space to defend history and fight against a mysterious force that is gradually tearing apart the walls of history and time.
Latest news: From November 24 to December 8, Bigtime launched the "Bigtime Warriors" event. During the event, players can gain more experience points by participating in the guild's Discord voice channel and starting game activities. At the same time, the official will also give real-time lucky draws for Discord voice sharing.
Related link: https://twitter.com/BigtimeWarriors/status/1728063848131985566
4. GALA
Official website: https://gala.com/
Introduction: Gala Games is a decentralized gaming social platform and also a blockchain game development company dedicated to launching and attracting different types of blockchain games, allowing players to experience the fun of the game while truly owning the NFT assets in the game. 2021
Latest news: A Web3 game promotion has recently been launched, during which players can get discounted NFTs for Gala platform games. In addition, Eternal Paradox, a turn-based game under Gala, will be launched on December 5.
Related link: https://twitter.com/GoGalaGames/status/1728461570567524769
5. SYMBIOGENESIS
Official website: https://story.symbiogenesis.app/en/
Introduction: Symbiogenesis is a Web3 game developed by Square Enix, the developer of the famous game IP "Final Fantasy"
Latest news: On November 27, the first round of NFT auctions based on Symbiogenesis will begin. The first batch of NFT-based game characters will be auctioned in three rounds. The first round of auctions will be held from November 27 to 28, the second round of auctions will be held from November 30 to December 1, and the last round of auctions will be held from December 2 to 3.
Related link: https://twitter.com/symbiogenesisPR/status/1729000871793738133
Chain game launch dynamics
1. Pixel island
Official website: https://pixelisland.xyz/
Introduction: Pixel island is the first pixel-style full-chain game on opBNB. During the public beta on November 28, 20 whitelists will be issued, and players participating in the public beta can receive a first-generation hero for free.
Online dynamics: Public beta will be launched on November 28
Related link: https://twitter.com/Pixel_islands/status/1726488796605395294
2. Eternal Paradox
Official website: https://app.gala.games/games
Description: Eternal Paradox is an innovative hybrid 4X turn-based RPG from Gala Games, where players will embark on an epic adventure full of exploration, strategy, and exciting combat to earn rewards.
Online dynamics: will be online on December 5
Related link: https://blog.gala.games/eternal-paradox-launch-date-revealed-eb98cf851915
3. Gas hero
Official website: https://gashero.com/
Introduction: Gas hero is a native web3 multiplayer game developed by FSL. It is the fourth product launched by Find Satoshi Lab after STEPN, DOOAR and MOOAR.
Launch dynamics: On November 27, the GasHero community test was officially launched, and the first round of airdrops will be carried out at 3 pm UTC time on the same day. During the test, users can trade related assets in the GasHero in-game market and the MOOAR test network.
Related link: https://twitter.com/GasHeroOfficial/status/1728975277424779288
4. Illuvium
Official website: https://illuvium.io/
Introduction: Illuvium is an RPG and NFT game built on Ethereum. The game mechanism is that players capture beasts by leveling up by beating monsters, casting them into NFTs, and then selling them on the trading market for profit.
Launch Update: Beta 3 will launch on November 28th and will include three interoperable AAA games: Illuvium: Zero (city builder), Illuvium: Overworld (monster world), and Illuvium: Arena (arena).
Related link: https://twitter.com/illuviumio/status/1726691986751869277
Other developments worth noting in the blockchain gaming industry
1. Illuvium
Updates of the week: Illuvium announced that it will launch the public beta version of IlluviDex in Q1 2024. The in-game exchange IlluviDex introduces new features, including a quote system for negotiated prices, a new structural layout where assets are organized by game, and a card stacking function to simplify browsing asset collections.
In addition, Illuvium officially announced that all revenue within the ecosystem will be 100% returned to ilv pledgers. This includes: in-game fee income, such as skins, etc.; dex transaction fees; game sponsorship, event income, etc. These fee incomes will go into its DAO treasury, and then buy ilv at the market price, and the resulting ilv will be distributed to ilv pledgers.
Related link: https://illuvium.io/news/illuvidex-developer-blog
2. TreasureDAO
Official website: https://treasure.lol/
Introduction: It is a native metaverse game ecosystem on Arbitrum, aiming to bring games and players together through its ecological token MAGIC.
This week’s news: TreasureDAO co-founder Karel Vuong posted on the X platform that TreasureDAO is building a game chain (possibly using Arbitrum or Cosmos) and plans to use MAGIC as the gas token.
Related link: https://twitter.com/karelvuong/status/1729004879505760529
3. IQ Protocol
Official website: https://market.iq.space/
Introduction: IQ Protocol is a permissionless, open source NFT rental platform.
News of the week: Its native token IQT has been listed on Uniswap.
Related link: https://twitter.com/IQLabs_official/status/1726598472978370647?s=20
