Blockchain Game Weekly Report | Pixels Chapter 2 is now online; over 99% of game tokens have fallen (June 17-June 23)
Original | Odaily Planet Daily
Author | Asher
The blockchain game sector has seen another week of decline. This morning, BTC even fell to around $62,000, causing the overall sentiment in the crypto market to be depressed. At this time, less operations, more attention, and looking for opportunities may be the best way to spend the next 1-2 months. Therefore, Odaily Planet Daily has summarized and sorted out the blockchain game projects that have been popular recently or have popular activities.
Secondary market performance of blockchain gaming sector
According to Coingecko data, the Gaming (GameFi) sector fell 11.1% in the past week; the current total market value is $ 16,644,365,990 , ranking 33rd in the sector ranking, down one place from the total market value sector ranking last week. In the past week, the number of tokens in the GameFi sector increased from 373 to 376, with 1 project added, ranking 5th in the sector ranking, second only to Meme, DeFi, NFT, and Finance/Banking sectors.
Among the gaming projects that have issued tokens, only one project has a positive increase, while the other over 99% of the projects have a negative increase. Among them, Dream Machine project token DMT led the decline with a drop of 39.9%. In addition, several other projects that have received attention are as follows:
Nyan Heroes project token NYAN fell below $0.15, with a drop of 29.2% in the past 7 days, and the current token price is $0.132; Notcoin project token NOT fell below $0.15, with a drop of 26.3% in the past 7 days, and the current token price is $0.0134; YGG fell 24.7% in the past 7 days, and the current token price is $0.56; MAVIA fell 24.7%, and the current token price is $1.68; PIXEL fell 24.4%, and the current token price is $0.262; ILV fell 18.8%, and the current token price is $63.24; BIGTIME fell 18.2%, and the current token price is $0.1127; ALICE fell 17.6%, and the current token price is $1.09.
In terms of blockchain game NFTs, according to NFT Price Foor data, the floor price of NFTs in the game sector has fallen by 4.76% in the past 7 days, ranking fourth in the sector. Among them, after excluding projects with a transaction volume of less than 50 ETH, the game NFT with the largest increase in 7 days is Pixelmon Generation 1, with a 7 -day increase of 16.86%, the current floor price is 0.48 ETH, and the 7- day transaction volume is 155.13 ETH. In addition, Pirate Nation – Founders Pirates has a seven-day transaction volume of 543.45 ETH, an increase of 0.74% in the past 7 days, and a current floor price of 0.8 ETH.
Well-known game dynamic tracking
Pixels
Official website: https://play.pixels.xyz/
Description: An interoperable and profitable farming simulation game in a virtual world.
Latest news: On June 19, Pixels announced on the X platform that Chapter 2 is officially online. Chapter 2 is committed to making Pixels more interesting, while introducing new systems to ensure the sustainability of the game. Chapter 2 is about game progression! Not only is the game more interesting, but there are also many things to do between levels, allowing players to make their own games.
Related link: https://x.com/pixels_online/status/1803171375995039960
MATR1X
Official website: https://www.matr1x.io/
Introduction: MATR1X is a metaverse brand that plans to build the MATR1X brand through self-developed high-quality games or cooperation with third parties, game IP development cooperation, global e-sports events, etc. MATR1X will interpret its game trilogy (Cyber Earth – Mars Immigration – Interstellar Exploration) through three large-scale games with a unified world view: MATR1X FIRE (first-person shooter), MATR1X WAR (shooting + MMORPG) and MATR1X EVOLUTION (SOC).
Latest developments: On June 21, MATR1X FIRE posted on the X platform that it was launching the Infinite Game plan, which aims to destroy 500 million FIRE tokens. The first stage is the Firefly stage, in which the initial total supply of FIRE is capped at 1 billion tokens and the destruction mechanism is activated. All FIRE consumed in the Apollo program will be destroyed, and it is expected that 23.85 million FIRE will be destroyed. In addition, 80% of the team tokens will be destroyed, and the 25 million tokens held by the founding team will be reduced to 5 million tokens. The 20 million FIRE removed will also be destroyed, further reducing the total supply cap. The second stage is the Flamingo stage, which aims to expand the use of FIRE, accelerate destruction, and reduce the total supply to 500 million. The third stage is the Phoenix stage, which upgrades the game economic cycle, diversifies the game ecosystem, and realizes the full circulation of $FIRE tokens.
Related link: https://x.com/Matr1x Official/status/1804170972016365773
MapleStory Universe
Official website: https://msu.io/
Introduction: MapleStory Universe, the blockchain version of MapleStory, is an MMORPG game. Its parent company is Nexon, a South Korean gaming giant that developed classic online games such as MapleStory and KartRider. It is worth noting that Nexon announced in December 2023 that it would invest $100 million in its Web3 game project MapleStory to expand the MapleStory universe. The investment will be used to develop a blockchain-based massively multiplayer online role-playing game.
Latest developments: Today, MapleStory Universe announced on the X platform that its mission platform is now open. You can participate by clicking on your profile in the upper right corner of the webpage and connecting to your wallet on Genesis Web.
Related link: https://x.com/MaplestoryU/status/1805113141304701046
AI ARENA
Official website: https://discord.com/invite/aiarenaplaytest
Introduction: AI Arena is a PVP fighting game developed by ArenaX Labs. Players can learn through AI and continuously evolve their game characters. The battle mode is similar to Nintendos Super Smash Bros.
Latest developments: Today, AI Arena posted on the X platform that the NRN token is now open for claiming. The token contract address is 0xdadeca1167fe47499e53Eb50F261103630974905, and the NRN token is launched simultaneously on Bybit, Kucoin, and Gate platforms.
Related link: https://x.com/aiarena_/status/1805133880246071372
Other developments worth noting in the blockchain gaming industry
Illuvium
Official website: https://lumiterra.net/
Introduction: Lumiterra is a multiplayer online, open-world adventure game. In this vast world, you can fight with different players, grow crops, capture monsters, build different equipment and weapons, and explore new things. At the same time, Lumiterra puts DeFi users, GameFi users (gold-making players), and gamers in a coexisting system, where each type of user can pursue their own needs. By meeting these needs and the commodity economic mechanism in the overall game, the game builds a healthy economic system consisting of three enhanced flywheels as a whole.
Latest news: Today, Ronin published a post on the X platform stating that the blockchain game Lumiterra will transition its ecosystem to the Ronin chain. A new MMORPG will soon be available on Ronin, with a closed beta reward worth $1 million.
Related link: https://x.com/Ronin_Network/status/1805134349710532776
METALCORE
Official website: https://www.metalcore.gg/
Introduction: MetalCore is an open world shooter developed by Studio 369. Players can earn MCG tokens and convert them into NFTs. The game also offers in-game currency Marks, which players can earn through in-game contracts, completing social tasks, and participating in the games guild system.
Latest news: On June 21, MetalCore announced on the X platform that its game token MCG will be launched on June 28. In addition, players who participated in the early closed beta version need to complete the final task to bind their wallets.
Related link: https://x.com/playmetalcore/status/1804100825922359431
SHRAPNEL
Official website: https://www.shrapnel.com/
Description: Shrapnel is a first-person extraction shooter with earning elements built on Unreal Engine 5.
Latest developments: On June 23, Shrapnel announced on the X platform that it will start the STX3 test on June 24, with a total prize pool of 1 million SHRAP tokens, and the test will last until June 28.
Related link: https://x.com/playSHRAPNEL/status/1804870578706190636
This article is sourced from the internet: Blockchain Game Weekly Report | Pixels Chapter 2 is now online; over 99% of game tokens have fallen (June 17-June 23)
Original article by Ryan Yoon Yoon Lee, Tiger Research Original translation: Felix, PANews Key points: India’s blockchain market continues to grow: India has a young population, a strong technical talent pool, and supportive government policies. Web3 technology is widely adopted, ranking first in the 2023 Global Cryptocurrency Adoption Index. Tax Reforms and Regulatory Changes: In the first quarter of 2024, India’s tax and regulatory environment saw significant changes for the Web3 and blockchain industries, including excessive TDS (tax deducted at source) and capital gains tax rate adjustments, as well as increased regulation of cryptocurrency exchanges. Investment and ecosystem development: Despite the uncertainty in the regulatory environment, Indias Web3 ecosystem continues to attract investment and grow. Although there was a clear lack of new investment in the blockchain industry in the…