According to research firm DappRadar, investment in blockchain games in August increased by 135% compared to July to $750 million.
Analysts at DappRadar reported that the average daily number of unique active wallets (UAW) of one of the leading Wax protocols decreased by 8% compared to the previous month. At the same time, the main gaming activity – about 40% – still falls on this blockchain. The second largest gaming blockchain, Hive, which hosts Splinterlands, is averaging up to 169,043 UAW per day, up 12% from the previous month.
One of GameFi’s largest investments, $200 million, came from Machine Zone founder Gabriel Leydon. His mobile games studio is behind the development of Game of War and Mobile Strike. Australian platform Immutable raised $500 million in June to support developers building blockchain-based games. Axie Infinity’s NFT sales exceeded $4 billion, and Xterio raised $40 million to invest in Web3 mobile games.
Singapore-based investment firm Temasek has led a $110 million funding round for Animoca Brands. The firm intends to expand its presence in the blockchain-based gaming sector.
Source: Bits
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