Weekly GameFi Update (Week 25, 24/06/2022 - 30/06/2022)
Sky Mavis starts reimbursing victims of Ronin bridge hack. Mars Inc files metaverse trademarks for @mmschocolate. Cronos announces new Cronos Play integrations.
Key Takeaways
On Tuesday, Axie Infinity developer Sky Mavis restarted the Ronin bridge and began reimbursing victims of the US$625M hack, which happened earlier this year. The bridge will be refilled with outstanding user-owned assets with the help of $150M raised in April.
Even more leading global brands are embracing the metaverse. This week it’s Mars Inc., filing NFT, crypto and metaverse trademarks for M&Ms. The application includes NFTs, digital tokens, virtual candy, and snacks.
Cronos is continuing to enhance the usability of its GameFi platform, Cronos Play, announcing the release of new integrations. Developers will be able to use the Cronos Play Unreal Engine Plugin, Cronos Play C++ SDK, as well as the Moralis suite of developer tools.
The total market cap for GameFi tokens now stands at US$8.69 billion, up +4.95% from last week.
Highlights
Swave Photonics secures US$7.3M to bring AR/VR experiences to the metaverse
SHIB's metaverse: more than 19,000 land plots purchased so far
Meta launches Meta Pay, a metaverse dedicated digital wallet
Catalonia is building its own metaverse, says innovation minister
Axie to fund 200 Nas Academy ‘The Creator Academy’ fellowships
Japanese virtual IP firm raises US$10M to accelerate metaverse business
Salvatore Ferragamo & Puma create free NFTs and metaverse project
Former Sony and Playstation veterans form gaming studio for Web3 games
K-pop logs in to the metaverse strung by idols’ vagaries, inability to tour
Are Splinterlands bots profitable, or a problem? Hardcore players weigh in
Axie Infinity and Polygon leaders tackle the bear market in crypto, NFTs, and blockchain games
Top Gainers and Losers
*Gaming Infrastructure tokens: ENJ, FLOW, WAXP, UOS, MBOX, DAWN, GALA, IMX
*Gaming Utility tokens: AXS, MANA, SAND, ALICE, ILV, ATLAS, POLIS, GODS, GMT, DAR, AURY, APE, PYR
*Gaming Guild tokens: YGG, MC, UNIX, GGG, AGV
Top Games Metrics
* Week-on-Week (WoW) % change is calculated based on the differences between two consecutive 7-day periods
* Users refer to the number of unique wallet addresses interacting with the dApp's smart contracts
* Weekly Volume refers to the total amount of incoming value to the dApp's smart contracts during the 7-day period
* Weekly Transactions refer to the no. of transactions made on the dApp’s smart contracts during the 7-day period
* Stickiness refers to the ratio of daily active users (DAU) to monthly active users (MAU). A high stickiness means users consistently return to the dApp.
* Weekly volume using Splinterlands data is approx US$378K.
* Alien Worlds, Splinterlands, MOBOX, Sunflower Land, Pegaxy, SecondLive, Axie Infinity, DeFi Kingdoms data
from DappRadar
* STEPN data from Dune Analytics
Top 15 Largest Tokens
Source: CoinGecko, Crypto.com Research
Daily Gamers by Blockchain
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