Weekly GameFi Update (Week 22, 03/06/2022 – 09/06/2022)

Cronos launches Cronos Accelerator Program. Epic Games lists their first blockchain game. Illuvium sells US$72M worth of virtual land.
Jun 10, 2022
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Key Takeaways

  • On Tuesday, Cronos launched the Cronos Accelerator Program for DeFi and GameFi startups, funded by the US$100M Cronos Labs Ecosystem Fund. Developers can apply for the 10-week startup program and receive investments of $100,000 to $300,000, including additional funds for audits, node services, and gas fees.
  • In a big step toward bringing GameFi to the masses, Epic Games is listing their first blockchain game named Grit—a wild west-based Battle Royale—and will be accessible to 194 million users.
  • Despite the ongoing bear market, Ethereum-based NFT RPG Illuvium has managed to sell almost 20,000 digital land plots worth over US$72M, in a sale that ended on Sunday. The game is set to launch later this year. 
  • The total market cap for GameFi tokens now stands at US$9.41 billion, down -5.28% from last week.

Highlights

Game Updates

Top Gainers and Losers

Screen Shot 2022 06 10 At 17.14.55
*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

Screen Shot 2022 06 10 At 17.16.09
* 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$429K.
*
Alien Worlds, Splinterlands, MOBOX, Sunflower Land, Pegaxy, SecondLive, Axie Infinity, DeFi Kingdoms data 
from DappRadar

Top 15 Largest Tokens by Market Cap

Screen Shot 2022 06 10 At 17.17.39
Source: CoinGecko, Crypto.com Research

Daily Gamers by Blockchain

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