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Esthar
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2023-10-14 03:05:33

Esthar on Nostr: The blockchain gaming sector received approximately $600 million in Q3 2023, ...

The blockchain gaming sector received approximately $600 million in Q3 2023, according to the latest quarterly report released by crypto data firm DappRadar and the Blockchain Game Alliance.

That mark is down 38% from the $973 million worth of crypto gaming investment that DappRadar tracked in Q2 2023, but it puts the tally at roughly $2.3 billion in funding so far this year. While the gaming industry continues to be plagued by mass layoffs, crypto gaming is still seeing many millions invested each quarter.

Other Key Takeaways :
- Blockchain gaming activity in Q3 2023 had an average of 786,766 daily Unique Active Wallets, an increase of 12% from the previous quarter.
- Alien Worlds sustains its position as Q3 2023’s most-played Web3 game in terms of wallets interacting with the blockchain, commanding over 60% of WAX’s activity.
- Axie Infinity and Gods Unchained lead the pack in Web3 gaming transaction volume, having a volume of $90 million and $55 million, respectively.
- Virtual worlds dapps hit an all-time trading volume this quarter totaling $13 million with 28,000 land sales.

Check out the complete DappRadar x Blockchain Game Alliance Report here:
➡ https://dappradar.com/blog/state-of-blockchain-gaming-in-q3-2023#Chapter-4
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