After a dormant 2022 and a quiet 2023, GameFi projects are returning on the back of a bull market. 🎮

This week, earn-as-you-move protocol StepN announced a partnership with Adidas to release 1,000 NFTs of Genesis Edition sneakers on Solana. This is part of a year-long collaboration that includes NFTs and sneakers.

Created by FSL in 2021, StepN allows users to earn rewards for walking, jogging or running. Rewards are available after users purchase virtual NFT sneakers and link their smartphones.

While other protocols focus on hardware.

Earlier this month, Ordz Games unveiled its first Web3 handheld gaming device, the "BitBoy One." The device allows players to earn Bitcoin (BTC) through retro-style games.

Other projects have shifted their focus to video games.

ARPG In the Darkness, built on Arbitrum and developed by Seraph Studio, recently achieved sales of over 11,000 Ether (ETH) through several in-game NFT sales, including heroes, passes, gear and more.

According to DappRadar, the number of unique active wallets on GameFi has doubled over the past year to 2.54 million.