Play to earn, these games that allow you to earn money, have become one of the strong trends in the crypto ecosystem. With successes like Axie Infinity or Aavegotchi, the craze for this new gaming mode is growing week after week.
Activity in the Play to earn sector is exploding
A report from DappRadar, a company that specializes in analyzing decentralized application data, tells us that user activity jumped almost 2,000% year-on-year. A considerable figure that testifies to the madness that has gripped NFT play to earn games in recent months.
The year 2022 seems to confirm this trend with nearly 1.22 million new active wallets in March alone. Despite security incidents, as evidenced by the recent hack of Ronin, the blockchain that hosts the game Axie Infinity, the industry continues its mad ascent.
Witness to this growth, the funds raised by the gaming sector on the blockchain amount to 2.5 billion dollars. And this only for the first quarter of 2022. This represents an increase of almost 150% compared to the same quarter last year.
The gaming industry thrives on block chain
The gaming industry is increasingly interested in blockchain technology. She seems to see in it a universe rich in promise and opportunity. Industry giants like Ubisoft, publisher of Assassin’s Creed or Far Cry, have announced the launch of an NFT platform named Quartz on the Tezos blockchain. Ubisoft, which is also a partner of the Ultra project, which aims to develop a blockchain ecosystem around gaming.
For the CEO of Square Enix, the publisher of the cult Final Fantasy, the blockchain is the future of video games.
This massive enthusiasm for Play-to-earn therefore only seems to be the beginning of an idyll between video games and blockchain. These two universes seem perfectly complementary and collaborations will surely multiply in the years to come.