Blockchain gaming sets new record with 4.2 million daily active users in August

2024-9-14 22:15

Blockchain gaming has reached a new milestone with 4.2 million daily active users in August, according to a recent DappRadar report.

The web3 gaming industry saw a 5% increase in daily unique active wallets (dUAW) last month despite falling to second place in terms of the most active crypto sector amid the AI boom.

Ronin keeps its dominance

Ronin continues to dominate the blockchain gaming landscape with the highest average number of Unique Active Wallets (UAW), which grew 24% in August to 1.32 million. Pixels and Forgotten Runiverse were the main games driving activity on the network during the month.

The second most active network was opBNB with 688,000 UAW during the period. The network experienced a 50% growth in active users, thanks to the game “SERAPH: In the Darkness” and the mobile games platform Gomble Games.

SKALE Network rounded out the top three most active blockchains for web3 gaming in August, recording a 10% growth during the month to hit 352,000 UAW on the back of games like motoDEX and World of Dypians.

Multichain ecosystem captures users

KGeN emerged as the leading gaming application last month, achieving over 2.3 million UAW. KGeN is a gaming ecosystem based on nine different blockchains that offers rewards and gamified quests for its users.

Immutable-based mobile title BoomLand recorded the second-largest number of active users during the month, gathering nearly 1.9 million UAW. Meanwhile, Pixels wrapped up the trio of most played games in August with 1.34 million UAW.

Additionally, the report highlighted the completion of the closed beta test phase of the MMORPG Lumiterra on Ronin. The game, which included a $1 million prize pool, reported a player retention rate of over 80% during the first seven days of the test and a total UAW of 728,000 UAW in August.

Nearly $580 million invested

Blockchain gaming is the crypto industry sector with the fifth-largest amount of capital raised from venture capital (VC) funds in 2024, according to RootData.

The gaming sector has captured nearly $580 million in investments so far, close to the $583 million gathered by centralized crypto platforms.

Notably, the amount raised by projects in the blockchain gaming industry this year is less than $100 million shy of the total $664 million raised last year.

The post Blockchain gaming sets new record with 4.2 million daily active users in August appeared first on CryptoSlate.

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