2022 Q1 GameFi Industry Report: Is GameFi an outlet or a bubble?

In 2022, the popularity of the encryption market will decline. As of April, the total TVL of DeFi in 2022 will drop from 237.1 billion US dollars to 202.9 billion US dollars, a drop of 14.38%. The GameFi market is attracting the attention of users and the capital market.

One-stop visual data analysis platform Footprint Analytics and Web 3.0 NFT game infrastructure platform DeGame jointly released"2022 Q1 GameFi Industry Development Report", from the perspective of data to comprehensively interpret the performance of the GameFi industry in the first quarter, and deeply analyze the reasons.

This report mainly summarizes and analyzes the overall data of the GameFi track in Q1 of 2022, including the overall performance of the GameFi market, the performance of GameFi on various public chains, the liquidity of game tokens, and the investment and financing of GameFi. At the same time, it will track and display the key data of the popular GameFi project STEPN this quarter.

This article is an abbreviated version,Click the link to download the 2022 Q1 GameFi Industry Development Reportsecondary title

1. The overall performance of the GameFi market in Q1 2022 is relatively stable

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Footprint Analytics & DeGame - Q1 GameFi Token MC vs BTC MC

From the perspective of each chain, the total transaction volume of Q1 public chain GameFi was $6.322B, and the top three public chains were Harmony, Ronin and BSC. GameFi players focus on WAX, Hive, BSC and Polygon chains, which together account for 82.78% of the entire GameFi market users. WAX is the absolute leader, accounting for 77.7% of the total game transaction volume of all chains combined.

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2. Top games on each chain in Q1

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Footprint Analytics & DeGame - Market Share of Gamers (Q1)

Splinterlands on the Hive chain dominates, accounting for 99.90% of the players on the chain. Upland on the EOS chain concentrates the main players on EOS, accounting for 94.13% of the number of players on EOS and 85.06% of the transaction volume.

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3. Liquidity of game tokens in Q1 in 2022

In Q1 of 2022, 20-30% of the Tokens listed on the centralized exchange will be GameFi project Tokens, and the transaction volume of top game tokens is extremely high, accounting for most of the market share.

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4. GameFi Investment and Financing in Q1 2022

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Footprint Analytics & DeGame - Funding Trends

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5. STEPN, the star of this season

STEPN is a Move to Earn GameFi app built on Solana. It was officially launched in January of this quarter. In February, the daily activity reached 21K, and the monthly activity reached 66K.

Through the analysis of STEPN's economic model, data performance, and future plans, this report explains the reasons for the rise of this season's rising star STEPN, and uses this as an example to show GameFi practitioners and players the analysis and development history of popular projects.Click the link to download and view the 2022 Q1 GameFi Industry Development ReportPDF full Chinese version.

Footprint Analytics & DeGame - STEPN GMT Price & Trading Vol

As 2022 begins, the GameFi track is booming. Numerous data show that 2022 is very likely to be a year of rapid development for GameFi. The GameFi era is upon us, and the proof is in the data.

I believe this report is a good source of information for GameFi investors, project operators and even investment institutions. Based on real and scientific on-chain data, it analyzes the performance and development of the industry and gives readers the most objective basis for judgment .

About Footprint Analytics:

Footprint Analytics is a one-stop visual blockchain data analysis platform. Footprint assisted in solving the problem of data cleaning and integration on the chain, allowing users to enjoy the zero-threshold blockchain data analysis experience for free. Provide more than a thousand tabulation templates and a drag-and-drop drawing experience, anyone can create their own personalized data chart within 10 seconds, easily gain insight into the data on the chain, and understand the story behind the data.

Footprint Analytics official website: https://www.footprint.network

Discord community: https://discord.gg/3HYaR6USM7

Twitter：https://twitter.com/Footprint_DeFi

About DeGame:

DeGame.com is a Web 3.0 NFT game infrastructure platform under Singapore blockchain company L2Y Research. DeGame.com provides functions such as game discovery, query, strategy, download, data tracking and professional analysis, and is committed to becoming the most useful one-stop chain game data and information aggregation platform in the Web 3.0 world, helping players and investors to better Discover high-quality games and Play-to-Earn opportunities quickly.

DeGame official website: https://degame.com/en/home

Discord Community: https://discord.com/invite/9snHhFzAx2

Twitter：https://twitter.com/degame_l2y