BNB Chain comes in as the third most prominent blockchain and maintain steady growth from 2021.
DappRadar x BGA Games Report 2022 GameFi Report
With 167,000 daily active wallets (dUAW), BNB Chain was the third most active blockchain behind Hive and WAX, according to the January 26 report from Sara Gherghelas. BNB Chain saw a 20% increase in dUAW while also seeing a 9% increase of in-game Non-Fungible Tokens (NFT) sales count from 2021. The growth on BNB Chain was average in comparison to the overall market movement.
“The dapp industry continued to grow and evolve in 2022, with a significant increase in the number of Unique Active Wallets,” Gherghelas writes. “In 2021, the average daily number of Unique Active Wallets (dUAW) was 1.58 million, but in 2022 this number increased by 50% to 2.37 million.”
BNB Chain played home to some of the most popular blockchain games. Two of the most popular blockchain games had users on BNB Chain: Splinterlands and Alien Worlds. Although the vast majority of Spinterlands’ users use its native chain, Hive, around 20% of Alien World’s users are on BNB Chain, with the rest on its native chain, WAX.
“The blockchain gaming industry has faced its fair share of challenges in 2022, but from the half of 2022, the market has started to consolidate,” Gherghelas. “The number of unique active wallets (UAWs) in the blockchain gaming sector has increased this year 60%, reaching 1.15 million dUAW on average. Gaming represents 49% of all daily blockchain activity.”
Through the report, Gherghelas dives deep into several major takeaways for blockchain gaming from 2022. Highlights include:
- $7.6 billion of VC poured into blockchain gaming in 2022
- The rapid growth of Immutable X
- The Evolution of leading dapps from alpha to beta
- The Metaverse hyper-cycle
- The Future of Move-to-Earn
The gaming market saw major increases and looks to be primed to capture an even bigger market share heading into 2023.
For a full review of the report, read it here.
What is BNB Chain:
Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
Find more about BNB Chain here:
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.