pictures and games – In a market rather lackluster crypto worldwide, the sectors of the NFT and GameFi persist and even tend to develop. Not a day goes by without the announcement of a new collaboration or the launch of a project. What vitality! And the latest report from DappRadar confirms it in numbers.
Overall volume down, but revenue up
DappRadar is a platform that provides the decentralized applications about 20 different blockchains and giving access to many data such as the number and volume of transactions or the number of users. Last week the trade press repeated a report quarter taking stock of the NFT and GameFi sectors – blockchain based games and who can make money?.
The first thing that stands out is the to shrink general number of transactions of NFTs. Between the second and third trimesters, it decreased by 67% rise to 2.71 billions of dollars. That said, there was still an increase in 8.3% Sale. This cross dynamic is explained by the depreciation of cryptos in which we express the price of NFT. But back to our data. We can see that the month of September is slightly better than the month ofAugust with an increase of 10.4% volume and 21% the number of sales. This indicates that interest in NFTs is far from waning.
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Only strong NFT projects survive…with a few exceptions
But the data global hide naturally inequalities between projects. Side Ethereumbetween the third and second quarter, transaction volume decreased by 76% when the number of transactions increased by 11%. On the Solana side, over the same period, there has been a decline in 63% of transaction volume. But these numbers quarterly do not necessarily reflect reality monthly. Indeed, thanks to the launch of the collection « y00ts ” secure Solanathe transaction volume jumped from 96% in a month !
In addition to the new collections and their inevitable fashion effect, these are mainly the so-called Blue chips that control the market. And, in this area, the house Yuga Labs wins votes with the OtherSide, Bored Ape Yacht Club, Mutant Ape Yacht Club, and CryptoPunks collections. These four projects represent almost the half capital letters global NFTs (46.21%)!
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Play-to-Earn remains profitable and does not lose players
Finally, the last interesting piece of information in this report concerns the spell based on blockchain. The number ofaddresses portfolios increased by 8% to achieve 912,000 between the month ofAugust and the month of September. The report concludes on this topic:
“This is an optimistic indication for blockchain gaming, as many had speculated that if decentralized gaming applications ceased to be financially beneficial to the common user, they would lose most of their player base. . It turned out that wasn’t true. »
do not not please to everyone who had plans to collapse of the NFT market and who shouted at the speculation pure, NFTs and video games always have their lovers. And the successful collections continue to attract stars like everyone else. Of course, some great loss stories will continue to feed the chronicles. specializedbut luckily they remain in the margins.
Full of promise, DeFi is still in its infancy and still committing some resounding missteps. There are no 36 ways to protect your cryptocurrencies! Keep them safe on a Ledger wallet. Free shipping (commercial link).