Top GameFi projects by active users
|Game||Active Users, past 7 days||Change|
|1. Alien Worlds||520k||+67%|
|3. MOBOX: NFT Farmer||173k||-10%|
|5. Farmers World||142k||+16%|
|6. Sunflower Land||73k||+334%|
|8. Galaxy Blocks||72.5k||+86%|
|9. Defi Kingdoms||66k||-13%|
|10. Crazy Defense Heroes||57k||-28%|
While sci-fi strategy NFT game Alien Worlds has nabbed the no.1 user-base spot in the past few days from the Warner-Music Group-partnered Splinterlands, keen followers of play-to-earn gaming will see a notable absence from this top-10 list update.
The P2E pioneer Axie Infinity, with an active user count of about 55k over the past week, has now slipped down to 12th spot, beneath a Binance Smart Chain (BSC)-built game called Bomb Crypto.
The game’s creators and developers will be hoping its update, Axie Infinity: Origin, will bring in a flood of new users, although judging by this critical “FoldableHuman” tweet, that’s a bit of a task at present…
The Axie Infinity devs’ mentions are full of digital landlords pissed that their “scholars” (Filipino employees being paid in game scrip) are all quitting the game and no-showing their weekly quotas.
— Dan Olson (@FoldableHuman) April 12, 2022
An uphill battle for the blockchain auto-battler for sure. But it’s certainly making all the right noises and doing its best, with the help of Binance funding, to move past the horrendous US$550 million+ “Ronin validator hack” that’s rocked the project and GameFi in general.
A strong Axie historically means a strong GameFi space, so here’s hoping the game gets back on track sooner than later as the sector continues to build. Crypto Gaming United’s Sergei Sergienko expressed a similar sentiment in conversation with Stockhead earlier this week.
Top GameFi projects by market cap
Meanwhile, according to CoinGecko, here are the top 10 GameFi coins by market capitalisation at the time of writing…
Taking this chart at face value, Axie’s native governance token AXS and it’s in-game economy token Smooth Love Potion (SLP) are both still well down on the week. However, they’ve recovered substantially compared with where they were at just a few days ago.
Meanwhile, the NFT and gaming ecosystem powerhouse Enjin (ENJ), which is based in Singapore and was founded in 2009 (ancient in crypto terms), has been the steadiest performer over the past seven days.
And the most positive mover over the past 24 hours in this sector is Immutable X (IMX), the layer-2 scaler for Ethereum-based NFTs, developed by the Sydney-based company Immutable.
Having recently teamed up with the meme stock Gamestop, Immutable has more big partnership news it’s this week sharing with Israeli cross-chain NFT platform NFTrade…
Immutable X is the leading Layer 2 scaling solution for NFTs to enable gas-free minting and trading, while not compromising the security of the most used blockchain globally for NFTs, Ethereum.🔥$NFTDhttps://t.co/yTzcpvYiOy
— tehMoonwalkeR (@tehMoonwalkeR) April 14, 2022
GameFi funding: Blast Royale; Legends of Elumia
As you’ll know if you’ve even only been catching the headlines of our regular Monday Fund Day column, there has been a ridonculous amount of capital flowing into the crypto space pretty much every week this year. And the blockchain-gaming, metaverse and NFT sectors (all related) sees a lot of it.
In addition to the promising-looking first-person shooter Shrapnel we mentioned a few days ago, here are a couple more interesting-looking projects pulling in the bucks this week…
A competitive “battle royale” mobile game built on Polygon, Blast Royale has raised US$5 million in a seed funding round led by the crypto-gaming studio and investment powerhouse Animoca Brands.
At this point it might be quicker to list the blockchain games that Animoca doesn’t actually have a stake in. But just as a sidenote, one of the firm’s major investments is Sky Mavis, which is the developer of the aforementioned Axie Infinity.
Blast Royale’s London-based developer First Light Games announced the seed-round closure this week, which was co-led by Mechanism Capital with contributions also coming from Dragonfly Capital, DeFiance Vapital, Morningstar Ventures and Merit Circle, among others. Noted angel investors Santiago R Santos and Nick Chong also participated.
The funds raised will be used to continue to develop the game, attract top talent, and grow the game community.
👇 Read the Full Article here: https://t.co/LfmOUt4zWz
— Blast Royale (@blastroyale) April 13, 2022
The game is currently in its development stages, with a testnet release due out at the end of Q2 this year.
As you can see from this beta footage, it looks like it’s aiming to bring a fast-paced arcade-style version of the battle royale (think Fortnite and PubG) genre to mobile gaming, integrated with play-to-earn tokenomics and NFTs.
Yat Siu, CEO and co-founder of Animoca Brands, said, “We are very impressed with the high quality of gameplay in Blast Royale. Given the progress so far and the First Light Games team’s strong pedigree of several iconic hit games, we believe that Blast Royale will be an appealing and compelling metaverse entry for a new generation of gamers.”
Let us take a look at @blastroyale overview.
— Gamefi Hunter (@gamefi_cc) April 7, 2022
LEGENDS OF ELUMIA
Did we mention Animoca Brands is everywhere?
The NFT-based fantasy MMORPG (massively multiplayer online role-playing game) Legends of Elumia has now closed a US$4.5 million seed-funding round led by Alameda Research, Animoca Brands, with several other VCs and crypto-native firms participating.
💎Other top investors:@TheSpartanGroup @Cryptocom_Cap @GuildFiGlobal @CryptologyAG @goodgamesguild @yggsea @PathDAO @Ancient8_gg @UniXGamingGuild @ivcryptofund @KyrosVentures @capital_spark @SolarEcoFund @ForwardAnalytic @master_ventures @mavencapitalio @MetavestCapital
— Legends of Elumia (@PlayElumia) April 13, 2022
The Solana-based game is divided into three two gameplay styles: player vs player (PVP) and player vs environment (PVE). The latter will involve completing dungeons and quests, as well as and defeating enemies in the game’s vast world.
Players of the game will have access to a range of in-game NFTs, tradable on the open market of course. These will include 2D avatar images and their 3D in-game versions, plus various other in-game 3D-animated assets such as weapons, pets and land.
💎The Infinite Tower – A monument that existed before humans could remember, is the center of the City of Elumia.
🏰Entering leads to places varying in landscape and monsters to earn your way.
— Legends of Elumia (@PlayElumia) December 22, 2021
Like Blast Royale, Legends of Elumia is also targeting Q2 of this year for its alpha-release into the wild. So, not long to go for this one then, apparently.