Key Takeaways

On Tuesday, Axie Infinity developer Sky Mavis restarted the Ronin bridge and began reimbursing victims of the US$625M hack, which happened earlier this year. The bridge will be refilled with outstanding user-owned assets with the help of $150M raised in April.
Even more leading global brands are embracing the metaverse. This week it’s Mars Inc., filing NFT, crypto and metaverse trademarks for M&Ms. The application includes NFTs, digital tokens, virtual candy, and snacks.
Cronos is continuing to enhance the usability of its GameFi platform, Cronos Play, announcing the release of new integrations. Developers will be able to use the Cronos Play Unreal Engine Plugin, Cronos Play C++ SDK, as well as the Moralis suite of developer tools.
The total market cap for GameFi tokens now stands at US$8.69 billion, up +4.95% from last week.

Highlights

Top Gainers and Losers

*Gaming Infrastructure tokens: ENJ, FLOW, WAXP, UOS, MBOX, DAWN, GALA, IMX
*Gaming Utility tokens: AXS, MANA, SAND, ALICE, ILV, ATLAS, POLIS, GODS, GMT, DAR, AURY, APE, PYR
*Gaming Guild tokens: YGG, MC, UNIX, GGG, AGV

Top Games Metrics

* Week-on-Week (WoW) % change is calculated based on the differences between two consecutive 7-day periods
* Users refer to the number of unique wallet addresses interacting with the dApp’s smart contracts
* Weekly Volume refers to the total amount of incoming value to the dApp’s smart contracts during the 7-day period
* Weekly Transactions refer to the no. of transactions made on the dApp’s smart contracts during the 7-day period
* Stickiness refers to the ratio of daily active users (DAU) to monthly active users (MAU). A high stickiness means users consistently return to the dApp.
* Weekly volume using Splinterlands data is approx US$378K.
* Alien Worlds, Splinterlands, MOBOX, Sunflower Land, Pegaxy, SecondLive, Axie Infinity, DeFi Kingdoms data
from DappRadar
* STEPN data from Dune Analytics

Top 15 Largest Tokens by Market Cap

Source: CoinGecko, Crypto.com Research

Daily Gamers by Blockchain

Author

Research & Insights team

1 Jul 2022|MARKET UPDATES

GameFi (Week 25, 24/06/2022 – 30/06/2022)

Axie Infinity developer Sky Mavis starts reimbursing victims of Ronin bridge hack. Mars Inc files metaverse trademarks for M&Ms. Cronos announces new Cronos Play integrations.

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