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Web3 & Blockchain | Game Industry Library
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Web3 & Blockchain
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Web3 & Blockchain
Reports in the Web3 & Blockchain category.
12 documents
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Report
5 pages
State of Blockchain Gaming Q1 2023 Report
Blockchain gaming and metaverse projects secured $739 million in investment during Q1 2023.
Investment in the sector grew by 12.95% quarter-over-quarter compared to the $654.5 million recorded in Q4 2022.
The $739 million total for Q1 2023 represents a sustained upward trajectory in capital interest for blockchain-based gaming.
Market Analysis
Investment
Blockchain
+1
DappRadar
Mar 2023
Report
30 pages
Fashion & Beauty Trends: How Gen Z Express Themselves in Immersive Spaces 2023
Digital fashion is a primary priority for Gen Z, with over 50% of users valuing avatar styling over physical clothing and 1.6 billion virtual fashion transactions occurring in 2023, a 15% growth.
Avatar engagement is high and frequent, evidenced by 165 billion update actions—a 38% increase—with 70% of participants adjusting their avatars on a daily or weekly basis.
Virtual aesthetic investment is significant, highlighted by a 20% surge in hairstyle purchases to over 139 million items and monthly spending on digital looks typically ranging from $10 to $100.
Market Analysis
Global
Roblox
+2
Roblox
Jan 2023
Report
30 pages
Fashion & Beauty Trends: How Gen Z Express Themselves in Immersive Spaces
56% of Gen Z users now prioritize styling their digital avatars over their physical appearance, a significant increase from 42% in the previous year.
Engagement with digital identity is surging, with Roblox users performing 165 billion avatar updates (a 38% year-over-year increase) and purchasing 1.6 billion digital fashion items (a 15% increase) between January and September 2023.
Digital-to-physical brand influence is high, as 84% of Gen Z respondents are more likely to consider a physical-world brand after interacting with its items in an immersive space.
Market Analysis
Player Demographics
Global
+1
Roblox
Jan 2023
Report
24 pages
Blockchain Industry Report: October 2022
Total unique active wallets for decentralized applications grew 6.8 percent to over two million in October 2022, fueled by adoption on Arbitrum, Optimism, and NEAR.
Cross-chain bridges were the primary security risk, accounting for 82 percent of the $3.57 million in total exploit losses during the month.
DeFi total value locked increased 5.3 percent to $83 billion, with Ethereum maintaining a 62 percent market share.
Market Analysis
Blockchain
NFT
+1
DappRadar
Oct 2022
Report
16 pages
DappRadar Blockchain Industry Report: Highlights of July 2022
Blockchain gaming remains the industry's primary driver, accounting for nearly 60% of all dapp usage with 1 million daily Unique Active Wallets (UAW), an 8% month-over-month increase.
DeFi activity hit a yearly low with UAW dropping below 500,000, though Total Value Locked (TVL) recovered 22% to reach $82.3 billion across Ethereum, BNB Chain, and Tron.
The NFT market contracted significantly in July 2022, with monthly trading volume falling below $1 billion for the first time in over a year.
Market Analysis
Web3
Blockchain
+2
DappRadar
Jul 2022
Report
76 pages
Value Creation in the Metaverse: The Real Business of the Virtual World
Senior leaders project the metaverse will generate up to $5 trillion in economic value by 2030, a scale comparable to the economy of Japan.
Investment in the metaverse ecosystem reached over $120 billion in early 2022, bolstered by major corporate commitments like Microsoft’s $69 billion acquisition of Activision and Meta’s $10 billion annual budget.
Gaming serves as the primary market catalyst with three billion users and a $200 billion valuation, while virtual goods sales have already reached approximately $40 billion.
Metaverse
Market Analysis
Investment
+1
McKinsey & Company
Jun 2022
Report
46 pages
The Metaverse, Blockchain Gaming, and NFTs: Navigating the Internet’s Uncharted Waters
The metaverse is evolving into a 3D social ecosystem led by 'game as a platform' models like Roblox, which currently sustains tens of millions of daily active users.
Blockchain-based 'Play-to-Earn' games represented nearly 50% of all decentralized application wallet activity by late 2021, though growth is primarily driven by emerging markets seeking income rather than gameplay.
Long-term growth for virtual platforms is hindered by high developer take rates, persistent net losses among industry leaders, and technical limitations preventing massive simultaneous user scaling.
Market Analysis
Blockchain
NFT
+3
Newzoo
Jan 2022
Report
46 pages
Newzoo Trend Report 2022: The Metaverse, Blockchain, Gaming, and NFTs
The metaverse is evolving into a persistent, 3D social ecosystem driven by Gen Z and Gen Alpha's prioritization of digital identities and direct-to-avatar commerce.
Gaming platforms like Roblox have achieved significant scale, currently maintaining over 50 million daily active users.
Current blockchain gaming models, particularly play-to-earn and scholarship guilds, face critical challenges regarding long-term financial sustainability and core gameplay quality.
Metaverse
Blockchain
NFT
+1
Newzoo
Jan 2022
Report
16 pages
Blockchain Industry Report
Blockchain gaming remains the industry's most resilient sector, accounting for 57.4% of total daily unique active wallet (UAW) activity with 1 million daily UAW and $857 million in transactions.
Total Value Locked (TVL) in DeFi showed signs of recovery in July, increasing 22% to $82.3 billion across major networks like Ethereum, BNB Chain, and Polygon.
NFT trading volume dropped 25% month-over-month to below $1 billion, while OpenSea’s market share eroded significantly from 84% to 58.6% due to competition from new entrants like GameStop and Nickelodeon.
Market Analysis
Web3
Blockchain
+1
DappRadar
Jan 2022
Report
32 pages
Member Survey & Report 2021
The blockchain gaming sector saw $4 billion in capital inflows from venture firms and DAOs in 2021, signaling strong institutional confidence in the industry's long-term viability.
Industry professionals expect traditional gaming entities to integrate blockchain technology within the next two years, driven by the adoption of play-to-earn mechanics and true digital asset ownership.
Regulatory uncertainty is the primary concern for over 50% of organizations in the space, followed by challenges regarding public education, user-friendliness, and a shortage of specialized engineering talent.
Blockchain
NFT
Market Analysis
+1
Blockchain Game Alliance
Dec 2021
Report
71 pages
Newzoo Metaverse Report 2021
The metaverse is evolving gaming into a persistent, scalable platform for social interaction and non-gaming activities, with 70% of gamers anticipating increased playtime in these virtual hubs.
The industry is shifting toward a direct-to-avatar economy where digital identity and creator-led markets drive engagement on platforms such as Roblox, Fortnite, and Avakin Life.
Blockchain technology is facilitating decentralized economies and play-to-earn models, with the sector currently transitioning toward scalable, green Layer 2 protocols to address transaction costs and environmental concerns.
Metaverse
Market Analysis
NFT
+1
Newzoo
Jan 2021
Report
15 pages
Dapp Industry Report: January 2021
Ethereum maintained market dominance in January 2021 with $112 billion in transaction volume, representing 86% of total blockchain activity and over $30 billion in total value locked.
The NFT sector experienced explosive growth, with Ethereum-based NFT volume increasing tenfold to $33 million, while Flow’s NBA Top Shot surpassed all Ethereum platforms to lead the market with over $40 million in sales.
Binance Smart Chain recorded its strongest performance to date, processing over $15 billion in transaction volume and achieving the highest number of unique active wallets, driven primarily by Venus and PancakeSwap.
Market Analysis
Blockchain
NFT
+1
DappRadar
Jan 2021