Investment in Web3 Gaming Fuels the Industry’s Growth

Jade
7 min readMar 2, 2023

GM

The popularity of virtual worlds is on the rise among gamers and investors. Sequoia Capital’s incubation program has recently backed two metaverse game startups, AltWord and Bifrost.

In terms of user activities, virtual worlds have also experienced significant growth, with a trading volume of $44.5 million in January 2023, representing a 114% increase from the previous month.

Each day, hundreds of thousands of users engage in a wide variety of on-chain games in categories ranging from shooting, RPG, trading cards, casual, and more. With the DappRadar Games Rankings, you can quickly find the hottest and newest games of the moment. Click on the link below to take a look now.

On top of that, every week DappRadar brings you the DappRadar Gaming Magazine here on Medium. Your weekly update for all gaming news!

Before we get started, if you don’t want to miss the best games and play-and-earn opportunities out there, hit the 🔔 Subscribe button now.

Now LFG!

🔥LAVA token economy gets a reboot as Vulcan Forged migrates to the Elysium blockchain

Vulcan Forged is set to mark a major milestone with the migration of their LAVA token from the Polygon network to their own Elysium blockchain, which is dedicated to building a thriving gaming metaverse ecosystem.

While the token primarily supports in-game utilities, Vulcan Forged also ensures that anyone can benefit from their tokenomics, even if they’re not gamers. And this is made possible with the launch of its Elysium blockchain.

This game-centric blockchain is not only eco-friendly but also provides gamers, developers, and investors interested in the space with a gaming ecosystem that benefits everyone.

You can learn more about how to earn rewards in the Elysium network via the article below.

🔗Everyone Can Benefit from Elysium’s Game-centric Ecosystem

Vulcan Forged has a growing library of games within its platform. For example, Berserk is a digital card game where players collect cards and battle each other in turn-based combat. Forge Arena is a real-time multiplayer battle game that allows players to fight against each other using unique and customizable characters.

👉Explore games on Vulcan Forged

✨ Newest games listed on DappRadar

  • Mage Wars is an economic investment game built on a decentralized smart contract by Binance Smart Chain. Build a Tower, Hire Mages, Fight in the Arena, and Win!
  • Dr.Ji isn’t just any ordinary NFT collection; it’s combined with an elaborate role-playing game set in a magical world. Dr. Ji’s creation allows the DAO community to select their camp, lead their chosen side to victory, and influence the story.
  • Welcome to WordleAurora, the revolutionary 5-word game built on the Aurora chain. Test your vocabulary skills and compete against other players to become the ultimate Wordle master.
  • Toshimon is a retro-style trading card game that utilizes NFTs as in-game assets. Open packs, collect Toshimon, win battles and complete challenges to earn rewards.
  • Bitcat is a virtual world of playful cats that embark on real time battles against other players. Players can compete fiercely with cat characters in an expansive game world.

Check out more new games on DappRadar

🎴Cross The Ages listed on DappRadar and gaining traction

Cross The Ages is an innovative collectible game that brings the digital and physical worlds together with the use of NFTs and NFCs. With every trading card authenticated on the blockchain as a unique asset, the game offers an unparalleled experience to collectors.

Recently listed on DappRadar, Cross The Ages has generated a remarkable trading volume of $1.43 million. The game’s stunning visuals are a treat to the eyes, especially when NFT cards are leveled up, and their amazing animations are unlocked.

Cross The Age is live on the Immutable X blockchain. If players want to trade assets, buy, sell, borrow, and lend cards to other players, the Immutable X Market is the place to go.

For the ultimate collector’s experience, players can even convert their digital cards into physical cards with NFC technology.

👉Learn more about Cross The Age

🔗Expore more games on Immutable X

📅 Game Events Calendar

Every week we highlight the most interesting gaming projects you need to keep your eyes on. What’s new to play? Which pre-sale is coming up? And which beta test can you join?

  • Planet Mojo Champions FREE MINT is coming
  • Coinbase has listed PRIME, a token of the sci-fi themed card game, Parallel.
  • Enter The Sandbox and experience Clay Nation
  • The BinaryX team will buy back 1 million BNX from the secondary market
  • Galaxy Blitz Genesis Game Launch will start on 21 March 2023
  • Earn CBT pass to participate in DESPERADO’s upcoming Pre-Open Test
  • Season 3 of Berserk begins on March 8th.
  • 𝗢𝗣𝗘𝗡 𝗔𝗟𝗟 𝗣𝗔𝗖𝗞𝗦 feature is now live in Gods Unchained
  • New version of Legends of Elumia is ready to play

🦸‍♀️Assemble your heroes in Elemental Raiders

Looking for an epic NFT game that blends traditional RPGs with collectible card games? Check out Elemental Raiders, the thrilling and free-to-play hero battler.

Developed by Games for a Living and co-founded by Trip Hawkins, the legendary CEO and founder of Electronic Arts, Elemental Raiders lets you collect a team of heroes and build the ultimate deck of skills to battle against raid bosses and other players in the Arena.

Defeat your opponents, earn rewards, and trade them in the marketplace. With turn-based gameplay and stunning visuals, Elemental Raiders is the ultimate NFT hero-battling game that will keep you hooked for hours.

Get ready for March 16th when the highly-anticipated NFT minting for 3,333 limited auras! These unique NFTs will add a cosmetic effect to enhance your gaming experience. Don’t miss out on securing your spot by checking out the post and getting on the whitelist.

👉Learn more about Elemental Raiders

🔥 Gaming dapp highlights

  • During Arc8 by GAMEE’s crossover event with @Benji Bananas featuring G-Bot Starters and $1,000 in $PRIMATE tokens, the platform saw a significant increase in user activity with 32.42k users, up by 729.68%. The platform also saw an increase in transactions, reaching 309.29k transactions, up by 3,970.18%.
  • Second Live has emerged as a popular platform for projects to host exclusive AMAs within the Metaverse. The platform’s popularity is reflected in its increasing user activity, with UAW growing by 27.48% to reach 12.1k users. In addition, the platform saw an increase in trading activity, with 66.6k transactions, up by 29.94%.
  • TopGoal’s Champion League Campaign, which ran from February 28th to March 3rd, offered participants the chance to win three TopGoal All Star trial cards. The campaign was successful in driving user activity, with UAW increasing by 5,545.71% to 1.97k users and transaction activity increasing by 5,574.29% to 1.98k.
  • DesperadoB218’s Discord TOP TRADER EVENT has driven a significant increase in user activity on the platform. The platform saw a 429.9% increase in UAW. The platform also saw a 494.89% increase in transaction activity.

Closing words

As we said at the beginning of today, the Web3 gaming space is thriving.

Magic Eden Ventures, the venture capital arm of NFT Markets, Magic Eden, has recently invested in 11 game studios specializing in Web3 games. These include Blockstars, a music-themed management simulation game, and Bravo Ready, a development team for a mini-arena game.

There are so many new Web3 games coming out all the time! It can be tough to keep up with everything.

Use the DappRadar Alerts feature now! Follow the steps below, then all the alpha right at your fingertips!

1. Make an account

2. Create your own Alerts

3. Receive notifications when new games launch

Pure alpha 🦍

Start here: https://dappradar.com/hub/alerts

👍 We have the best tools to help you keep up with gaming trends!

😊 We look forward to seeing you again in the next issue!

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Jade

Head of Marketing at RealtyX DAO. Exploring NFTs and the metaverse