The world of web3 games saw Great growth in 2023, but user adoption remains a challenge for many projects. According to data from Self Analytics, the number of active blockchain games increased slightly to 2,471. However, only 20% of these (226 games) attracted more than 5,000 monthly users.

While funding was up from previous months, investments such as Binance Lab’s $25 million backing of Xterio show continued interest in the potential of Web3 gaming. Sui 8192 also made waves by enabling frictionless blockchain gaming with no barriers to entry.

Its rapid user adoption points to the expansive possibilities of blockchain-integrated gaming.

While Web3 gaming faces Great Upword such as crypto prices, its core value proposition of true ownership and interactivity continues to intrigue developers and users alike. With thoughtful design and accessible experiences, Web3 gaming may soon reach a tipping point toward mainstream adoption.

Data of this report was obtained from Self GameFi BELIEFS

GameFi Projects Overview •The marriage of sports and blockchain technology offers a new perspective on engagement, interactivity, and the potential for true ownership of in-game assets.•The cryptocurrency market has seen its fair share of price fluctuations, with StarShip leading the way in terms of the most significant price change.

However, among the 2,471 games, only 679 managed to attract more than 1000 users on a monthly basis; 226 selected games reached the milestone of attracting more than 1,000 monthly users, representing 9% of all games Will be increasing soon for sure.

What’s new in this ? •Delabs Games Raises $10.7 Million to Build on Polygon•Google Play Store officially allows NFT games,

Metaverse With New In-House Game Studio

Blockchain Game ‘Sui 8192’ Surpasses Solana’s Network Activity•Binance Labs Invests $25M in Web3 Gaming Startup Xterio Sorare operates as a blockchain-powered game that introduces a novel concept where users, called managers, can purchase and trade non-fungible tokens (NFTs) representing elite athletes and participate in competitive events, giving users the opportunity to engage with their favorite sports in an innovative and immersive way. GameFiNFT•Despite the surge, Bitcoin ended the month at a lower value of $29,230, down around 4% from its opening price of $30,587.

In particular, muted summer trading activity and a lack of short-term positive catalysts likely contributed to Bitcoin’s decline. However, as Rachel Lin, CEO of decentralised futures exchange SynFutures, pointed out, Bitcoin’s dip below $30,000 may represent a brief correction in an overarching bullish trend.

Overall Web3 Game Market The number of games continued to grow in, increasing from 3,469 to 5,469.

In July, the peak of user interaction with an impressive 2,014,190 users engaged in various protocols and games. On this day, Alien Worlds stood out with 302,533 users, accounting for nearly 20% of the whole market, underscoring the important role that flagship games play in driving the total number of active users.

Web3 Game Chains In the current month, a total of 1,177 active games have sustained user engagement through their respective game contracts. Particularly noteworthy is the BNB chain, which hosts 50.5% of all engaged games.

two standout games within the BNB ecosystem have successfully drawn an active user base surpassing 20,000 individuals: “Hippo Dash,” developed by Gameta, and “SecondLive.” This accomplishment underscores these games’ ability to capture a significant audience, emphasizing the pivotal role of innovative gameplay and captivating concepts in generating substantial user engagement.

In the current landscape of blockchain gaming, there are still significant barriers to entry. Sui 8192, however, has broken the entry barrier to the blockchain game with impressive user and transaction data on its blockchain.

The rules of Sui 8192 are simple: move numbered blocks in four directions, merging identical blocks to accumulate their values until you reach the target number, 8192. Surprisingly, each block movement triggers a transaction that changes the state of the game objects.

Although seemingly simple, Sui 8192 holds immense potential for the gaming industry.

Not only does it democratize blockchain games, making it accessible from any internet-connected device, but it also imbues the gameplay itself with persistence, integrating it into players’ digital assets.

While trading or gifting games may seem less practical at the moment, this functionality sets a groundbreaking example for future DApps.

The transactional immediacy of each in-game move, quickly processed and seamlessly integrated into the online experience, is a testament to the power of the Sui network.

Sui’s potential lies not only in its ability to process transactions in parallel, but also in its horizontal scalability, achieved by adding nodes to meet increasing demand.

This dual capability ensures consistently low transaction fees, even as more games and decentralized applications migrate to the platform.

With more than 50 games already taking advantage of Sui’s transformative potential within the first few days of its mainnet launch, it’s clear that Sui’s vision transcends the boundaries of “blockchain games”.

It empowers game developers to enrich player experiences through the possibilities of Web3 gaming.

GameFi Projects Overview The blockchain game Sorare on Ethereum has attracted significant attention and has emerged as a frontrunner in terms of user engagement. With 3,037 active users last month, Sorare has made a remarkable entrance, surpassing The Sandbox and Axie Infinity in terms of user numbers.

Similarly, Ultimate Champion remains at the top of the game on Polygon, with the second position secured on BNB Chain.

Ultimate Champions is a unique, free-to-play fantasy football and basketball game featuring officially licensed digital cards hosted as NFTs on the blockchain.

The success underscores the powerful synergy between sports and blockchain games.

The marriage of sports and blockchain technology offers a new perspective on engagement, interactivity, and the potential for true ownership of in-game assets.

The cryptocurrency market has seen its fair share of price fluctuations, with StarShip leading the way in terms of the most significant price change. Operating on the BNB Chain (BNB), StarShip has experienced a remarkable surge, boasting an impressive increase of 890.67%.

This meteoric rise can be largely attributed to the game’s successful launch, which caught the attention and interest of investors. Close on its heels is the well-established Decentral Games, another player in the blockchain gaming space that is super worth learning about.

Meanwhile, Delabs Games, a blockchain game developer, has raised $10.7 million in a seed investment round.

#GAMEFI

Follow and like 😇 and have a Wonderful Life LETS KEEP GROWING

https://twitter.com/1ONE_PUNCH1?t=fXVddp6QSEg0zmE8KQzQfg&s=09

This piece shall explain:

•The essence of metaverses

•2 societal phenomena that make metaverses necessary

•3 foundational principles for an effective metaverse

•4 Innovative projects and efforts spearheading the adoption and evolution of metaverses

Let’s dive in!

METAVERSE -

If you didn’t watch “Ready Player One”, you likely don’t have a sense of what the metaverse is. There are many definitions of the metaverse out there, but they are either too vague or too limiting. ADL defines the metaverse as “...the future version of the Internet, blending the frontiers between reality and virtuality, at the convergence of immersive spaces, collaboration platforms, social experiences, and leveraging the creator economy” My personal take expands on it:

The future version of the internet: The metaverse represents the evolution of the internet, a dynamic digital universe that we can exist within, rather than merely interact with. Instead of information being presented in a static, two-dimensional format as we have on current web pages, the metaverse offers a fully immersive, 3D experience – answering what the metaverse is

Blending the frontier between physical and virtual: Reality will increasingly become intertwined with virtuality and exist as a spectrum. Be it bringing the virtual world and digital objects into the physical world (augmented reality), or “transporting” humans from the physical world into the virtual one (virtual reality), or anything in between – answering where the metaverse will take place

At the convergence of immersive spaces, collaboration platforms, social experiences: Metaverses aren’t “just games”, it spans beyond. It enables users to cooperate and interact synchronously and async  for work, foster social interaction and connection among users, or anything really in a more immersive and efficient manner – answering what people can do

Leveraging the creator economy: The metaverse will continue to capitalize on the trend of creators, artists, influences and others generating content, experiences, or digital assets, Just like the past two decades, it is an opportunity for individuals and co-creators to contribute to the platforms and in return earn from their creations or services – answering who contributes to the metaverse

Spectrum of Metaverse: bringing virtual into physical world (AR), transporting user into fully immersive virtual environment (VR), mix of both (MR) There are definitely more factors we can add and dive into, but I shall leave it to the “Ideal Metaverse” segment in the later part of this article. My conviction that metaverses are the future does not solely lie in their revolutionary capabilities, their potential to redefine industries or the enormous economic value they promise to generate. Instead, it’s that they address the core needs of the upcoming powerhouse demographic – Generation Z. This tech-savvy, connected generation and the ones after them will soon become the largest population and consumer base.

The Perfect Storm is Brewing Gen Zs, known colloquially as “Zoomers”, describes those born between 1997 and 2012.

They hold the unique distinction of being the first generation to grow up in a digital world, their lives intrinsically intertwined with computers and digital devices.

Inevitably, their online engagement outpaces all previous generations, reflecting their innate digital fluency. Two key characteristics inherent to these digital natives underscore the essential role metaverses will play in their lives. Gen Z’s need for connectivity and dopamine Technological advancements have led to countless benefits, but it has also nurtured a profound sense of isolation among that younger population – 79% of Gen Zs reported feelings of loneliness and are branded as the “loneliest generation ever”.

Ironically, one of the most prominent causes of this predicament lies in the very tool they utilize to seek connection – social media. Gen Zs, who are the heaviest users of these platforms, face a paradox; their pursuit of connection leads them to invest more time on social media, yet it is this very act that breeds further isolation

What may seem like an ephemeral sense of connectivity while scrolling through social feeds evaporates the moment they exit the platform, only to be replaced by a renewed wave of loneliness.

This forms a “loneliness flywheel” – a relentless cycle which escalates as the average global time spent on social media continues to climb, with Gen Zs dedicating 50% more time than Millennials. Should users regulate their social media usage? Probably. Will they? Highly unlikely, and this can be traced back to the brain's biochemical response to perceived social interaction Every time users enter their social media applications in their quest for connectivity, their brain receives surges of dopamine, the neurotransmitter that helps in driving our brain's reward system.

When users engage with social media - whether it’s receiving a like on a photo, or seeing positive comments on a post - the brain interprets these as social rewards. These rewards lead to the release of dopamine, which reinforces the behavior that led to the reward, creating a feedback loop that encourages us to repeat the action. In this case, the sense of social connectivity has been “druggified” by social media platforms.

To make matters worse, these platforms have become more proficient at supplying the “social connectivity drug” to users.

Over the years, social media platforms have evolved to more immersive content and incorporated shorter dopamine loops to keep users hooked.

They’ve transformed from primarily text-based (Twitter, Facebook), to image-based (Instagram), to video-based (YouTube), and now short-form videos (TikTok) each shift designed to trigger faster and more potent dopamine responses which explain why social media usage is ever-increasing.

The metaverse's inherent immersiveness and interactivity offer a profound upgrade over traditional social media, providing users with a richer, more engaging social experience. Unlike traditional platforms where interactivity is typically one-dimensional - likes, shares, comments - the metaverse brings 3D virtual environments where users can embody digital avatars, manipulate virtual objects, and engage in real-time, multi-sensory interactions This heightened level of user involvement goes beyond what we've seen on platforms like TikTok and Instagram Live, where interaction, though possible, is largely linear and limited. Users in the metaverse are no longer passive consumers, but active participants.

For instance, they could virtually attend a live concert, actively engaging with the performance by dancing, cheering, or interacting with the performer and other attendees.

They could also participate in shared virtual experiences, like collaborative world-building, that encourage a deeper level of interaction and connection

Players gathering for Ariana Grande’s concert in Fortnite Moreover, spatial interfaces in metaverse platforms offer a sense of physicality and presence that's absent in traditional social media.

This allows users to establish and navigate social connections in a manner that mirrors real-world interactions, fostering a sense of social connection and belonging that is more profound than the often superficial relationships established on traditional social media Consequently, the metaverse not only meets the digitally-native Gen Z's demand for stimulating and novel experiences but also facilitates deeper, more meaningful connections.

In doing so, it holds the potential to fundamentally redefine the framework of digital social interaction, transforming passive consumers into active participants and explorers in their digital experiences. Gen Z’s need for self-expression The tide of generational values has turned, with 73% of Gen Zs placing a premium on self-expression as a vital component of a fulfilling life, starkly contrasting the societal pressure to conform felt by their predecessors.

The concept of self-expression has not only grown in importance but has also undergone a significant evolution Before the digital era, people’s identities were formed and expressed by what they were like and owned in the physical world – their given names, the houses they stayed in, the items they owned, and their physical appearances.

The advent of the internet and social media has dramatically expanded this landscape, offering new avenues for expressing one's identity like self-chosen usernames, carefully curated text and visual

social media feed, digital assets, and in-game avatars – These elements collectively contribute to the formation of a digital identity. Gen Zs, as digital natives spending 60% of their daily waking hours on the internet, have embraced digital identity as an integral extension of themselves.

It offers a canvas for them to mirror their individual personalities: 3 in 5 feel that having an online presence makes them feel more comfortable in their own skins60% believe that how they present themselves online is more important than how they present themselves “in real life”45% of gamers who use in-game cosmetics to customize their in-game appearances are Gen Zs As the future generation spends more time in the digital sphere and importance of identities as a whole becomes increasingly essential, Gen Zs will naturally demand the ability to express themselves through more immersive digital mediums.

Ready Player Me’s Avatars for the metaverse Metaverses offer a new frontier for digital identity and self-expression. 

These virtual environments unlock the ability for users to form digital identities without the same constraints in the physical world and traditional social media platforms. Users can curate avatars that reflect their personality, imagination, or aspirational selves, unrestricted by real-world norms or physical limitations.

Beyond physical appearance, individuals can design personal spaces, participate in social activities, and interact with the environment and community, all of which offer deeper layers to their digital identity.

This limitless scope for customization and interaction, blending reality and fantasy, makes the metaverse a compelling platform for Generation Z, who highly value individuality and self-expression.

This evolving digital realm promises an even more immersive and diverse spectrum for identity expression in the future The prominence of metaverses is not some distant pipe dream.

In fact, it’s already here and is filled with Gen Zs

#GAMEFI #METAVERSE #GOATMoments #BinanceTournament #googleai

The world of gaming is undergoing a paradigm shift with the blockchain technologies, ushering in a new era of decentralized and rewarding game experiences.

As this ever-changing landscape continues to evolve, an increasing number of gamers are flocking to this space. It is important for gamers to stay informed about the emerging trends and analytics that are shaping the web3 gaming industry now.

In this article, we will introduce you into the exciting world of web3 gaming analytics. We’ll dive deep into the data metrics and insights that every gamer should be paying attention to, from overall game data to in-game tokens and NFTs.

In addition, we will provide you with three tools that simplify the process of accessing, analyzing, and gaining useful insights from these data. GameFi According to Gamers Blockchain games are revolutionising the gaming industry by introducing an open economy and digital asset ownership, setting them apart from traditional games.

Unlike traditional games, players of blockchain games have real ownership of in-game assets and the freedom to trade or sell them for cryptocurrency. This fundamental shift is attracting both gamers and crypto enthusiasts, resulting in the emergence of a user-centric gaming world.

Gamers play a pivotal role in the web3 gaming world as they actively create, trade, contribute to and shape the gaming ecosystem. In a promising game, it is essential that on-chain data is transparent, enabling gamers to make informed investment decisions and optimise their game accounts at the right time and place.

This allows them to maximise their gaming experience and stay engaged with the game for a longer period of time.

Projects in the blockchain gaming space should strive to provide players with compelling games, while players should actively monitor metrics that can influence the game, ensuring their rights are protected and allowing them to reap more benefits from their participation.

Web3 Gaming Analytics Gamers Should Take Note Of Market Size Market size refers to the total value of a specific market, usually measured by revenue or sales.

In the web3 games industry, market size is a broader concept that helps you understand the size of a game currently, and it is essential for players to determine the stability and reputation of a game. By analyzing market size, players can make informed decisions about investing their time and resources in a particular game.

Several important factors affect market size in the web3 game industry. To determine a game’s market size, gamers should notice the number of active users, transaction volume, and transaction value.

In the realm of web3 gaming, the number of active users plays a crucial role in determining the popularity and impact of a project. A larger user base indicates greater influence and stability.

Transaction volume and value serve as a measure of the project’s commercial potential, reflecting the level of user engagement and trustment.

A higher transaction value indicates greater revenue and profit potential.

By considering all of these elements, players can gain a clear understanding of the market size of a particular game and make an informed decision about their commitment to the project. ***From the Footprint Analytics research page, you can track all the data you need to evaluate game size, including the number of active users, transaction volume, and transaction value.

By analyzing the data, you can find games that are not only entertaining, but also stable, profitable, and have a strong in-game economy.

Token performance is a critical factor in determining the trend and development of a Web3 game, as it indicates an increase in market confidence, which can attract additional gamers and even investors to the game.

A game’s native token is often used as a medium of exchange within the game’s ecosystem, and its market performance indicates market confidence and expectations for the game. Because the value of these tokens can change based on supply and demand in the real market, it is crucial for players to regularly monitor token performance and make strategic decisions in the game.

When the price of a token rises, it means that the market is confident in the game and expects it to get better. Also, a game with good token performance will be more likely a strong game that receives long-term stable support from the gamers. However, token price fluctuations can also indicate market uncertainty and potential danger.

A sharp drop in price could indicate a lack of confidence in the company, causing investors and participants to lose interest. The ideal situation would be a steady increase in token price with moderate volatility.

This shows that the market is positive and believes in the project, but there is no excessive speculation. In order to achieve a steady increase in the token price with minimal volatility, a number of components must be in place, including a clear and defined game roadmap, a strong and loyal community, a robust risk management game environment, and well-designed token economics.

Therefore, it is an excellent metric for gamers to track. ***From the Naga Analytics page, players can monitor the performance of each game’s token, including its fluctuations over the last 24 hours. By gaining insight into token performance, players can better engage with and influence the dynamic economy that underpins the game itself.

#GOATMoments #GAMEFI #googleai #Binanceturns6 #BinanceTournament

MATR1X FIRE Mission Frontier Alpha Test

8.8 Update

Encountering “Redemption Code Required” during TestFlight Download. How to solve it?

Downloading the iOS test package for MATR1X FIRE normally doesn’t require a redemption code. If this issue occurs, it’s typically due to downloading TestFlight for the first time without invoking the application downloader. Follow these steps to resolve it:

a. Rescan the code with your mobile device.

b. If the TestFlight redemption screen appears, do not tap “Redeem.” Wait for a moment, and the screen will automatically redirect to the download.

c. If the issue persists, repeat steps 1 and 2. If that still doesn’t work, contact our official support through opening a ticket at Discord https://discord.gg/matr1x .

2. Slow Mobile Connection to the Official Website, Unable to Open

If you’re experiencing slow connection speeds, you can try connecting using different methods:

a. Connect using Wi-Fi.

b. Disconnect Wi-Fi and use mobile data instead.

c. In some specific regions, you may need to use a VPN connection(Nodes in HK &SG areas recommended，must support UDP protocol).

3. I’ve successfully performed an on-chain operation for the activation of ADVANCED and BOOSTED ADVANCED Battle Passes on the Polygon network, but I haven’t seen the confirmation yet. What’s happening?

The activation of ADVANCED and BOOSTED ADVANCED Battle Passes requires a confirmation process that may take some time. Due to the need to wait for 300 blocks on the Polygon network for operation result confirmation, the activation will be confirmed about 10 minutes after the on-chain operation is successful. Please be patient, and the confirmation should appear shortly.

Ⅰ. Questions related to basic information

1. How can I be eligible for the Mission Frontier Alpha Test?

This test is mainly aimed at Android and iOS players. PC simulator and rooted Android devices are not supported. While iPads can be used, their interface isn’t yet fully optimized. Please rest assured we are continuously working on improvements and updates.

3. When does the test starts and ends?

The test is open from August 8th to August 28th, every day from 18:00 to 23:00(SGT)

Ⅱ. Questions related to download and installation

1. After being eligible for the test, how can I download the game?

After you gain eligibility for the test, please open the event page of Mission Frontier from Matr1x official website on your mobile device. Click Download and the system will automatically identify the mobile system and start downloading.

1）Receive verification email from TestFlight with activation code.

Some iOS users may have to download via verification code as follows:

1）Receive verification email from TestFlight with activation code.

3. What should I do if the downloading speed is extremely slow or the download fails?

You can press “stop” and wait for a moment before clicking “start” again. You can also try to re-start the download. If it still fails, please approach official channels for help.

4. What is the configuration requirement of this Mission Frontier Test

In order to ensure a smooth gaming experience, it is recommended to use devices with the following configuration to participate in the test:

iOS mobile phone: memory of 2GB or above, chip of A9 or above, iOS system of 11.0 or above.

Android mobile phone: memory of 3GB or above, XiaoLong chip of 460 or above, Android system of 6.0 or above.

5. How do I log in the game?

Before logging into the game, you need to complete the activation of Mission Frontier Battle Pass. If you haven’t done so, please refer to the guide below:

Mission Frontier Battle Pass Guide

During the 8/8–8/28 SGT test period, log in to the game via an email account with activated Mission Frontier Battle Pass

3）After successfully logging in, you do not need to enter the verification code again next time you login to the game, unless you change your account number or mobile device.

GameFiAll players with activated Battle Pass can join this test, including BP(Basic), BP(Advanced) and BP(Boosted Advanced).

2. What devices are supported in this Mission Frontier Alpha Test?

Some iOS users may have to download via verification code as follows:

2）Download TestFlight from App Store, enter the code and start downloading.

2. What is the size of the installation file? How much storage space do I have to prepare?

Both installation packages for Android and iOS have a size of 800 MB. It is recommended to reserve 3 GB of memory to facilitate the smooth operation of the game.

1.Open the game2.Enter your email account on the login page, click “send” to get the email verification code; enter the code to log into the game.

Ⅲ. Questions related to event & rewards

1. What are the rewards for Battle Pass?

BP Mission Rewards Table

2. What kinds of mission does Battle Pass have? How about the difficulty levels?

BP Missions are classified into “Season Missions” and “Daily Challenges”. The main missions are as follows:

1.“Season Missions”: Competitive match missions; can be completed in games; moderate in difficulty

•Participate in Competitive and Teammatch mode•Win in Competitive and Teammatch mode•Use different weapons to kill and get head-shots•Win MVP•Competitive mode, placement and removal of EMP•Get triple kills and penta-kills•Win rounds•Win end-games

2）Daily challenges: daily minimum time mission and missions like “Win N matches in the first X matches in Competitive mode”; very challenging

•Accumulated game time of N minutes•Win N matches in the first X matches in Competitive mode

3. How can I level up my Battle Pass to lv. 250？

You have to complete the BP missions every day, which will require a daily battle time of around 1 hour, including “Season Missions” and “Daily Challenges”.

Please note: “Daily Challenges” will be reset every day starting from day 11 and can only be completed on that day.

4、What rewards can BP(Basic) get？

Only basic rewards can be activated; ineligible for BP leaderboard rewards, ranking leaderboard rewards and daily rewards for Immortal Legend.

5. What rewards can BP(Advanced) or BP(Boosted Advanced) get？

Both basic and advanced rewards will be activated: large amounts of $FIRE and $MAX; chances of winning genesis avatars; eligibility for both the Battle Pass Experience Leaderboard and the Ranking Score Leaderboard rewards.

#GAMEFI #BinanceTournament