Blockchain Gaming is on the Rise We first featured ‘Axie Infinity', a […]
Blockchain Gaming is Taking Off
October 5, 2021
Blockchain Gaming is Taking Off
The total cryptocurrency market cap surged back above $2T last weekend…Bitcoin ($BTC) and Ethereum ($ETH) both rallied convincingly but were surpassed by Axie Infinity ($AXS) in terms of gains. The success of Axie, a blockchain-based gaming protocol, sparked an explosion, and LikeFolio data shows that blockchain gaming has become one of the fastest-growing aspects of the cryptocurrency space.
Consumer Mentions of blockchain games, play-to-earn mechanics, and NFT game assets are at an all-time high: +943% QoQ and more than +8000% YTD (7d MA).
1000’s of new projects have already cropped up across a wide variety of blockchains including: Ethereum, Binance Smart Chain, WAX, and Tron.