Tuesday, July 8, 2025
The Dao Makers
No Result
View All Result
CRYPTO MARKETCAP
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
No Result
View All Result
The Dao Makers
No Result
View All Result

November 2022 GameFi Report

by The Dao Makers
December 22, 2022
in Launchpads
Reading Time: 6 mins read
0 0
A A
0
Home Launchpads
Share on FacebookShare on Twitter


Regardless of one of many worst potential occasions taking place in November—the entire collapse of the world’s largest crypto firm—the GameFi market didn’t fall considerably in comparison with October. 

This will point out that the market, barring a systemic collapse, has reached a restrict of its draw back threat. 

However, reducing funding in area continued, with the quantity of funding and the variety of funds reaching a historic low. 

Amid the downturn, Polygon has carried out comparatively properly as a gaming chain, with a number of giant titles gaining customers in November. 

Total, November was a comparatively uneventful month for GameFi, particularly contemplating what occurred within the CEX sector. 

Crypto Macro Overview

On the finish of November, the F&G index closed greater than on the finish of October. The FTX collapse stopped the F&G index restoration, inflicting it to fall from 40 to twenty. Hitting $1,091 on Nov. ninth, Ethereum was near dropping beneath the thousand-dollar mark however didn’t.

ETH Price VS FGI (November Report)
ETH Worth VS FGI (November Report)

The FTX collapse didn’t trigger the worth of ETH to drop under its June lows, regardless of this occasion being arguably extra vital than the Terra Luna collapse that occurred. 

Curiously, BTC did drop under its June lows, which is surprising as a result of altcoins would beforehand bear the larger brunt of unfavourable market sentiment and volatility. 

One potential rationalization is that this seemingly minor worth motion information is the primary proof of one thing large: the tokenomic results of the Merge coming to fruition. For the primary time, Ethereum is much less risky than BTC.

GameFi Financing & Funding

GameFi funding continued to fall and dropped to an ATL of $60 million in November, a decline of 69% MoM.  There have been simply 9 rounds within the GameFi business, led by Roboto Video games and Thirdverse. Thirdverse is a Tokyo-based growth studio specializing in Web3 and VR video games. It acquired a $15 million spherical led by MZ Web3 Fund.A16z was the lead investor in Roboto Video games’ $15 million Collection A. The standard gaming studio hopes to increase into Web3 and blockchain.  

Investment by Category (Nov. GameFi Report)
Funding by Class (Nov. GameFi Report)

Funding for GameFi has dried up a fraction of what it was. Funds have been invested in a handful of initiatives, most recreation builders and studios. Most of these rounds have been for established builders with a report of publishing profitable initiatives in Web3 or Web2. 

GameFi Market Overview

The overall quantity in GameFi dropped from October, declining from $260 million to $100 million. Transactions per consumer additionally declined sharply on the finish of November however are nonetheless greater than 6 months in the past.In October, Axie Infinity’s unlocking occasion prompted an unusually excessive quantity of site visitors on Ronin. In November, the breakdown between chains went again to a extra common distribution. 

November Report—GameFi Monthly Volume
November Report—GameFi Month-to-month Quantity

The overall quantity of GameFi greater than halved. A big a part of this was unusually excessive quantity in October pushed by the Axie Infinity unlocking occasion—with the market now coming again to its regular state. 

November Report—GameFi Volume and Transactions Per User
November Report—GameFi Quantity and Transactions Per Person

GameFi Customers Overview

MAU declined from 2.2 million % in October to 2 million, whereas new customers declined by simply over 100 thousand. Polygon noticed the best quantity of recent customers due to a number of titles rising in recognition, specifically Benji Bananas and Planet IX.

New Users by Chain % - November
New Customers by Chain % – November

Polygon has established itself as a possible winner within the GameFi area if it may well proceed attracting strong initiatives. Some notable Polygon-based titles which have grown rapidly prior to now few months are Benji Bananas, Arc8 by GAMEE, and Planet IX. 

New Users by Month (November Report)
New Customers by Month (November Report)

GameFi Tasks Overview

The sharp improve in quantity on Polygon was pushed by Benji Bananas gaining customers and quantity. The variety of customers grew to over 80K. Planet IX, a space-themed technique recreation, greater than tripled its customers in November. Observe that the worth of the sport’s token, IXT, didn’t improve. 

Benji Bananas Users
Benji Bananas Customers

Benji Bananas has vital development in customers in November, which was mirrored in its token worth. Then again, Planet IX additionally noticed a surge in gamers, however its token, IXT, continued to say no, indicating a much less sustainable undertaking. 

Posted In: Evaluation, DeFi

Learn Our Newest Market Report



Source link

Tags: GameFiNovemberReport
Previous Post

Two Top Sam Bankman-Fried Associates Plead Guilty in NY

Next Post

⚠ WARNING ⚠ Cardano ADA worth BUYING? Short Term Cardano Price Prediction

Related Posts

Launchpads

Solana’s tokenized stock market more than triples in two weeks to hit $48M

July 8, 2025
Launchpads

MEXC Releases Bimonthly Transparency Report: $559 Million Reimbursed to Users, $2.2M in Illicit Assets Blocked

July 7, 2025
Launchpads

why industry veteran Jameson Lopp sees apathy as the greatest threat

July 6, 2025
Launchpads

XRP Cryptocurrency × Dogecoin Mining: HASHJ launches dual-currency cloud channel to help investors obtain cryptocurrency!

July 6, 2025
Launchpads

Hackers steal $140M from Brazilian central bank reserve accounts via partner breach

July 5, 2025
Launchpads

CertiK Validates FUNToken’s Smart Contract Strength With “AA” Upgrade

July 4, 2025
Next Post

⚠ WARNING ⚠ Cardano ADA worth BUYING? Short Term Cardano Price Prediction

What exactly is the relationship between SideChains and main chain? : ethereum

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

Latest Week in Ethereum News : ethereum

December 17, 2022

Adecoagro Partners With Tether to Pioneer Renewable Energy Use for Bitcoin Mining in Brazil

July 4, 2025

5 Generations, 1 Team — Heres How to Lead a Multigenerational Workforce

July 7, 2025

🦄 uniswap-universal-router-decoder ✨ v0.8.0 ✨ has just been released !!

March 18, 2023

The four times Bitcoin price fell by Independence Day each year

July 4, 2025

Shenzhen warns citizens of investment scams using stablecoins

July 7, 2025

SELL ALTCOINS NOW? | BITCOIN | CRYPTO NEWS BANGLA | BULL RUN | ALTSEASON | MARKET

37

Why Facebook-Parent Meta Is Willing To Lose Billions On The Metaverse

46

BTC Price Predictions, SUI Fall, HYPE, Trump Coin Scandal & More

42

Game Changer: SEC Streamlines Path for Crypto ETFs

July 8, 2025

The Smarter Web Company Acquires 226.42 Bitcoin, Total Holdings Reach 1,000 BTC

July 8, 2025

Bonk Eyes 1M Holders, plans to Burn 1 Trillion Tokens in Major Milestone Move

July 8, 2025

60 Crypto Operators Under Ukraine’s Gun

July 8, 2025

Ethereum Price Hits Support – Can It Launch a Fresh Move Higher?

July 8, 2025

Ripple CTO Makes Major Revelations: Early XRP Entry, Mined Bitcoins — Here’s The Details

July 8, 2025
Telegram Twitter TikTok Youtube RSS
The Dao Makers

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at The Dao Makers.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Fix Driver Errors
  • Launchpads
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 The Dao Makers.
The Dao Makers is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos

Copyright © 2022 The Dao Makers.
The Dao Makers is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In