2022-5-29 06:00 |
Investment focus in the blockchain industry is gradually tilting towards gaming, driving a massive rise in the number of projects, funding, transactions, and participants in this market sector.
According to Footprint Analytics, the total number of GameFi projects reached 1,498 as of May, up 99% YoY. The amount of investment in the first half of the year reached $3.7 billion, surpassing the total of $780 million for 2021.
This article will assess which games have potential and which games are losing attention in the first half of 2022.
Overview of GameFi Project Financing in the First Half of the YearThe GameFi sector has gradually increased its proportion in the entire blockchain sector, with a total investment of $22.5 billion. The GameFi sector accounted for 16.4% of the total investment, with a total investment of $3.7 billion.
Footprint Analytics – Funding-Monthly Investment Trend Footprint Analytics – Gaming Financing Distribution Financing GameFi Project Analysis The Sandbox and Phantom GalaxiesIn January, in terms of total investment rankings, metaverse game developer Animoca Brands announced the completion of a $359 million funding round led by Liberty City Ventures. Metaverse-related game projects are in a positive phase.
Footprint Analytics – Monthly Ranking of GameFi Project Funding in 2022The Sandbox, Phantom Galaxies, and REVV Motorsport are all Animoca Brands’ game projects.
The Sandbox is Animoca Brands’ flagship game, a sandbox game that builds a metaverse. At the end of last year, after the launch of the alpha game, the rapid user growth was detonated. But its user base and market value are declining due to the public test version game’s delay in opening to the public. The game ecosystem needs constant user participation and maintenance to be stable. Footprint Analytics – The Sandbox Market CapPhantom Galaxies is a AAA game set to launch its beta in Q3. Gameplay will revolve around an open-world online space sim with fast-paced mech shooters and a compelling story. Players can customize the game’s mechs and ships to go on missions, solve puzzles, and collect resources to craft.
The end of last year was a time when metaverse projects were at their peak, and this sector had the most potential. But as the metaverse project, The Sandbox did not go ahead as planned again, the slow launch of Phantom Galaxies will also gradually lose attention.
CivitasAlthough some GameFi games have dropped from the spotlight, others have gained popularity.
Footprint Analytics – Monthly Ranking of GameFi Project Funding in 2022Civitas announced in April that it had closed a $20 million round of funding led by Delphi Digital and Three Arrows Capital, with participation from Framework Ventures, BITKRAFT, DeFiance Capital, Sfermion, CCP Games, Yield Guild Games, Merit Circle, and YGG SEA.
Civitas is a community-oriented city-building game where players can work individually or collaboratively to upgrade cities through battles. It uses a subDAO model where cities are controlled by the community, allowing guilds to grow as users work and vote.
Screenshot Source – CivitasThe game is still in the early stages, and the gameplay is relatively new.
Accessing the universe of augmented reality through cell phones, players can discover token $CITI as well as play mini-games and find unique resources needed for crafting. With real-world geolocation technology, players will be able to use map views to locate assets and engage in activities scattered throughout the real world. Players interact with the land; locate, collect, craft items; and post on the city forum if playing on a computer. Users will also be able to access all city tower features, city markets, and world map views.The game received investment from Delphi Digital and Three Arrows Capital before going live in beta. Of course, early entrants will need to research their subsequent development path.
STEPNSTEPN closed a $5 million seed round led by Sequoia India and Folius Ventures in January. It is also considered one of the most promising GameFi projects at this stage. It offers financial rewards and introduces an element of social rewards to motivate millions of users through its Move to Earn approach.
Footprint Analytics data shows that $GMT transfers to new addresses and active addresses rose in waves.
Footprint Analytics – GMT Transfer Address in BSC SummaryFor GameFi projects, obtaining capital financing from well-known VCs is crucial to driving development in the bear market, making team expansion and game development user acquisition possible.
This piece is contributed by Footprint Analytics community.
The Footprint Community is a place where data and crypto enthusiasts worldwide help each other understand and gain insights about Web3, the metaverse, DeFi, GameFi, or any other area of the fledgling world of blockchain. Here you’ll find active, diverse voices supporting each other and driving the community forward.
Date & Author: May 2022, Vincy
Data Source: Footprint Analytics – 2022 Funding Potential GameFi Projects
What is Footprint Analytics?Footprint Analytics is an all-in-one analysis platform to visualize blockchain data and discover insights. It cleans and integrates on-chain data so users of any experience level can quickly start researching tokens, projects, and protocols. With over a thousand dashboard templates plus a drag-and-drop interface, anyone can build their own customized charts in minutes. Uncover blockchain data and invest smarter with Footprint.
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