The chain gaming sector has been experiencing high popularity since the market rebounded. Although the market’s FOMO for new projects in chain games has declined compared to the beginning of the month, more attention has begun to be paid to the performance of the secondary market for high-quality projects in chain games.

Secondary market performance of the chain gaming sector#gala

In the past week, the chain gaming sector has seen relatively encouraging gains, with a 7D increase of 16.7%. The current market value is US$13.2 billion, which is an increase of approximately 30% compared to US$10.2 billion 20 days ago. In contrast, in the past 20 days, the number of tokens in the GameFi sector has increased from 285 to 297, with only 12 projects added, an increase of 4.2%, which shows that the flow of funds prefers the secondary market of chain games. In addition, from the perspective of the general trend of chain game development, according to a recent report by Game 7, only 223 Web3 games have been released so far in 2023, which is a 65% decrease compared to 2022 (640 games) and 65% lower than 2021 (640 games). 811) reduced by approximately 73%.

In response to this situation, Immutable co-founder and president Robbie Ferguson believes that many excellent Web3 games are about to come out, but this requires patience. Investment in Web3 games has increased significantly recently, and developers are focusing on making great and popular games.

Among the gaming projects that have issued coins, 87 projects have positive growth rates; among them, the ZK-based gaming ecosystem Gameswift led the way with an increase of 154.2%. In addition, several other projects of concern are as follows:

3A-level MMORPG game SIDUS Heroes token SIDUS has increased by 104.4% in the past 7 days; STEPN token GMT has increased by 32.8% in the past 7 days; APE has increased by 29.3%; BIGTIME has increased by 11.8%; GALA has increased by 10.8%.

In terms of chain game NFT, according to NFT Price Floor data, the NFT floor price of the game sector has increased by 12.82% in the past 7 days, exceeding the increase of PFP, art, history, metaverse and practical NFT, ranking first in the sector.

Among them, the game NFT with the largest increase in 7 days is BlockGames Dice, with an increase of 253.8% in 7 days, and the current floor price is 0.73 ETH; Impostors Genesis Aliens ranks second with an increase of 152.25% in 7 days, with a current floor price of 0.84 ETH; in addition, The The current floor price of Grapes is 2.83 ETH, with an increase of 60.8% in the past 7 days.

In contrast, games with larger floor price drops in the past 7 days include Oxya Origin, which fell 44.83%, and the current floor price is 0.16 ETH; Cool Cats FC has dropped 21.35% in the past 7 days, and the current price is 0.0007 ETH. #GMT

1. Frenpet

Introduction: Frenpet is a pet-growing GameFi based on the Base chain. Players can purchase props by purchasing $Fren Pet tokens, and by feeding food and pets on the Bonk rankings, players can make their pets earn money. More points.

Latest news: Two new pets, panda and koi, have recently been launched; and the Gas calculation problem has been optimized, and the current transaction will be 50% cheaper than before.

2. Stepn#stepn

Introduction: Stepn is a web 3 lifestyle app with Social-Fi and Game-Fi elements. Players can earn money by walking, jogging or running outdoors.

Latest news: The MOOAR creation shoes were recently launched; at the same time, the cooperation with GasHero has progressed to the sixth round. You can win GasHero BCV and 2 heroes by participating in the event. In addition, its new game GasHero will start community testing on November 27.

3. Bigtime#BigTime

Introduction: Big Time is a multiplayer cooperative RPG adventure that combines fast-action combat, NFT collection, and history. In the game, players travel through time and space to defend history and fight against a mysterious force that is gradually tearing apart the wall of history and time.

Latest news: From November 24th to December 8th, Bigtime launched the "Bigtime Warriors" event. During the event, players can gain more experience points by participating in the guild's Discord voice channel and starting game activities. At the same time, the official will also provide Discord voice sharing for real-time lottery draw.

4. GALA

Introduction: Gala Games is a decentralized game social platform, and it is also a blockchain game development company. It is committed to launching and attracting different types of blockchain games, allowing players to experience the fun of the game while also being able to play in the game. Really own the NFT assets in the game. 2021

Latest news: A Web3 game promotion has recently been launched, and players can get discounted Gala platform game NFTs during the event. In addition, Gala’s turn-based game Eternal Paradox will be launched on December 5.

5. SYMBIOGENESIS

Introduction: Symbiogenesis is a Web3 game developed by Square Enix, the developer of the well-known game IP "Final Fantasy"

Latest news: On November 27, the first round of NFT auctions based on Symbiogenesis is about to begin. The first batch of NFT-based game characters will be auctioned in three rounds. The first round of auctions will be held from November 27th to 28th, the second round of auctions will be held from November 30th to December 1st, and the final round of auctions will be held from November 30th to December 1st. The auction will be held on December 2nd and 3rd.

Chain game launch dynamics

1. Pixel island

Introduction: Pixel island is the first pixel-style full-chain game on opBNB. During the public beta on November 28, 20 whitelists will be released, and players participating in the public beta can receive a first-generation hero for free.

Online updates: Open beta will be launched on November 28th

Related links: https://twitter.com/Pixel_islands/status/1726488796605395294

2. Eternal Paradox

Introduction: Eternal Paradox is an innovative hybrid 4

Online updates: Will be online on December 5

3. Gas hero

Introduction: Gas hero is a native and web3 multiplayer game developed by FSL. It is the fourth product launched by Find Satoshi Lab after STEPN, DOOAR, and MOOAR.

Launch dynamics: On November 27, the GasHero community test was officially launched, and the first round of airdrops will be conducted at 3 pm UTC time that day. During the test period, users can conduct related asset transactions in the GasHero in-game market and the MOOAR test network.

4. The flood

Introduction: Illuvium is an RPG and NFT game built on Ethereum. The game mechanism is that players capture beasts by killing monsters and upgrading, cast them to generate NFT, and then sell them in the trading market to make a profit.

Launch dynamics: Beta 3 will be launched on November 28, including three interoperable AAA games: Illuvium: Zero (city-building game), Illuvium: Overworld (monster world) and Illuvium: Arena (Arena).

Other developments worthy of attention on the chain travel circuit

1. Illuvium

News this week: Illuvium announced that it will launch a public beta version of IlluviDex in Q1 2024. In-game exchange IlluviDex introduces new features, including a quote system to negotiate prices, a new structural layout of assets organized by game, and a card stacking feature to simplify browsing asset collections.

In addition, Illuvium officials also announced that 100% of all income in the ecosystem will be returned to ilv pledgers. These include: in-game fee income, such as skins, etc.; dex transaction fees; game sponsorship, event income, etc. These fee income will enter its DAO treasury, and then ilv will be purchased according to the market price, and the obtained ilv will be distributed to ilv pledgers.

2. TreasureDAO

Introduction: It is the metaverse game ecosystem native to Arbitrum, aiming to bring games and players together through its ecological token MAGIC.

This week’s news: TreasureDAO Lianchuang Karel Vuong posted on the X platform that TreasureDAO is building a game chain (possibly using Arbitrum or Cosmos) and plans to use MAGIC as the Gas token.

3. IQ Protocol

Introduction: IQ Protocol is a permissionless, open source NFT leasing platform.

News this week: Its native token IQT has been listed on Uniswap.