Gaming unique active wallets grew 60% in 2022 – on-chain transactions up 37%

Web 3 gaming on-chain transactions and Unique Active Wallets (UAW) recorded 37% and 60% maturation during 2022, according to a caller study from DappRadar.

The apical 3 astir fashionable gaming blockchains were Wax (WAXP), Hive (HIVE), and BNB Chain (BNB), with 353,000, 234,000, and 136,000 regular UAWs, respectively, according to the DappRadar report.

Gaming growth

Currently, 1.15 cardinal regular UAWs link to gaming dApps, marking a 60% summation implicit 2021. This summation successful regular gaming UAW numbers besides allowed games to predominate DeFi UAWs successful 2022.

In 2021, Defi UAWs were ascendant by occupying 41% of the manufacture share, portion gaming’s was 39%. This changed to 28% for Defi and 49% for gaming successful 2022, positioning the gaming UAWs arsenic the dominants of the market.

UAW dominance of Defi and Gaming

Meanwhile, on-chain crippled transactions person accrued to 7.4 cardinal successful 2022, marking a 37% summation since 2021 and an awesome 3,260% since 2020. One unsocial wallet conducted 25 gaming on-chain transactions connected mean successful 2022.

This maturation was recorded contempt the halting effects of the carnivore market, which caused galore aspects of the crypto sphere to shrink. Gaming activities, however, presently relationship for 49% of the on-chain enactment DappRadar tracks.

Chains

Protecting its ranking successful 2021, Wax remained the astir fashionable gaming blockchain that hosted the highest fig of regular UAWs. Wax attracted 353,000 regular UAWs, which marked a 57% summation from 224,000 successful 2021.

Top gaming blockchains by UAW

Hive, BNB Chain, and Polygon (MATIC) followed WAX arsenic the second, third, and 4th successful ranking with 234,000, 136,000, and 97,000 regular progressive UAWs, respectively. 2022’s numbers marked 96% and 20% year-over-year maturation for Hive and BNB Chain.

However, Polygon’s UAW number successful 2022 marked a staggering 338% maturation since 2021. The study states that the concatenation owes this enlargement to the popularity of games similar Arc8, Benji, Bananas, Crazy Defense Heroes, and Pegaxy.

Increasing its regular UAW number from 138 successful 2021 to 12,300, Flow (FLOW) recorded the astir extended maturation successful 2022 with 8,881%.

Investments

Throughout 2022, Web3 Gaming and metaverse projects jointly raised $7.6 cardinal successful investment, which marks a 59% summation since 2021.

Investments successful gaming and metaverse

In 20219 and 2020, the full magnitude of investments raised by these fields was measured successful millions. It reached billions for the archetypal clip successful 2021, with a full of $3.7 billion.

The 3 astir important investments that fell nether this class successful 2022 were Flow’s $725 cardinal Ecosystem Fund, the $500 cardinal concern money by Immutable X, and the $450 cardinal backing raised by Yuga Labs and Polygon each.

Breakdown of full investment

The supra graph represents the breakdown of the $7.6 cardinal spared successful gaming and the metaverse successful 2022. Projects focusing connected infrastructure reserved 33.5% ($2.54 billion) for themselves. Another $2 cardinal went to idiosyncratic gaming and metaverse projects, which accounted for 27.3% of the full amount. Guilds and incubator programs got different $1.4 billion, portion concern firms got $1 billion.

The station Gaming unsocial progressive wallets grew 60% successful 2022 – on-chain transactions up 37% appeared archetypal connected CryptoSlate.