{"id":26205,"date":"2022-10-17T12:07:33","date_gmt":"2022-10-17T06:37:33","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=26205"},"modified":"2022-10-17T12:09:19","modified_gmt":"2022-10-17T06:39:19","slug":"blockchain-games-continue-to-attract-vc-funders-despite-bear-market-dappradar-report","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/news\/blockchain-games-continue-to-attract-vc-funders-despite-bear-market-dappradar-report\/","title":{"rendered":"Blockchain games continue to attract VC funders despite bear market: DappRadar report"},"content":{"rendered":"<p>Harsh market conditions may have kept retail investors away, but venture capitalists are doubling down on their investments in the crypto space. Venture capitalists have poured in $1.3 billion into the blockchain gaming space, a recent Blockchain Game Alliance report by DappRadar reveals. While that is 48% lesser than the previous quarter, it is almost double the number from last year.<\/p>\n<p>\u201cThe amount of investments demonstrates that despite the challenging and uncertain conditions in the digital asset markets, major investment entities remain bullish on the blockchain gaming industry,\u201d the report reads.<\/p>\n<p>The report also mentions that projects focused on building Web 3.0 metaverse infrastructure accounted for almost 36% of quarterly investments.<\/p>\n<p>The report findings come at a time when the market has been having a dry run. The fact that blockchain gaming and metaverse are helping boost crypto adoption could spell hope for retail investors.<\/p>\n<figure id=\"attachment_26206\" aria-describedby=\"caption-attachment-26206\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-26206\" src=\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-17-at-9.53.55-AM-1024x608.png\" alt=\"\" width=\"800\" height=\"475\" srcset=\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-17-at-9.53.55-AM-1024x608.png 1024w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-17-at-9.53.55-AM-300x178.png 300w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-17-at-9.53.55-AM-768x456.png 768w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-17-at-9.53.55-AM.png 1297w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><figcaption id=\"caption-attachment-26206\" class=\"wp-caption-text\">Source: DappRadar<\/figcaption><\/figure>\n<h2>Blockchain gaming: A bright spot on the crypto horizon<\/h2>\n<p>The burgeoning interest is not entirely surprising. After all, according to the report, Web 3.0 games account for almost half of the blockchain activity across 50 blockchain networks.<\/p>\n<p>Additionally, in September 2022, the blockchain gaming industry witnessed an 8% rise in the average number of daily Unique Active Wallets (dUAWs). The 912K dUAWs recorded account for almost 48% of blockchain activity.<\/p>\n<p>While other top blockchain platforms witnessed a slight decline in the number of UAW, Solana\u2019s UAW increased by 269% or 45K compared to the previous quarter. And gaming is only 4.82% of the network activity for Solana.<\/p>\n<h2>Top blockchain games in Q3<\/h2>\n<p>Alien Worlds (TLM) retained the top spot this quarter as far as the most played blockchain games are concerned. With average dUAW of 190,770, it saw an increase of 14% compared to the previous quarter. Splinterlands comes in second. Farmers World is the third-most played blockchain game.<\/p>\n<p>The most used dApp this September is Gameta, with a 109% dUAW increase. The dUAWs reached 69K after rising by 253% since the previous quarter.<\/p>\n<p>The blockchain gaming segment expects to close the year with $9.25 billion in funding.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Harsh market conditions may have kept retail investors away, but venture capitalists are doubling down on their investments in the crypto space. Venture capitalists have poured in $1.3 billion into the blockchain gaming space, a recent Blockchain Game Alliance report by DappRadar reveals. While that is 48% lesser than the previous quarter, it is almost [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":26209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[7701],"tags":[6467,6536],"class_list":["post-26205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto","tag-news"],"acf":{"json_ld_schema":"\n[{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#FAQPage\",\"headline\":\"Wall Street jottings: A personal, guided tour to investing in US stocks\",\"keywords\":\"Personal Guide, US Investing, \",\"datePublished\":\"2022-07-22T13:28:55+05:30\",\"dateModified\":\"2022-09-19T19:04:28+05:30\",\"dateCreated\":\"2022-07-22T13:28:55+05:30\",\"author\":{\"@type\":\"Person\",\"name\":\"Deepan Datta\",\"description\":\"A keen observer of the crypto market and believes crypto\/blockchain will bring the next phase of the industrial revolution and build an inclusive society.\",\"url\":\"https:\/\/coinswitch.co\/switch\/author\/deepan\/\",\"sameAs\":[],\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ea29018d03e4615947c5df3ce7b4030b?s=96&d=mm&r=g\",\"height\":96,\"width\":96}},\"image\":[{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#primaryimage\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings.jpg\",\"width\":\"1800\",\"height\":\"1080\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x900.jpg\",\"width\":\"1200\",\"height\":\"900\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x675.jpg\",\"width\":\"1200\",\"height\":\"675\"}]}]\n","json_ld_custom_schema":"","key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Article Default Disclaimer"},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/26205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=26205"}],"version-history":[{"count":3,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/26205\/revisions"}],"predecessor-version":[{"id":26214,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/26205\/revisions\/26214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/26209"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=26205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=26205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=26205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}