Blockchain Gaming is Taking Off

October 5, 2021

Blockchain Gaming is Taking Off

The total cryptocurrency market cap surged back above $2T last weekend…Bitcoin ($BTC) and Ethereum ($ETH) both rallied convincingly but were surpassed by Axie Infinity ($AXS) in terms of gains. The success of Axie, a blockchain-based gaming protocol, sparked an explosion, and LikeFolio data shows that blockchain gaming has become one of the fastest-growing aspects of the cryptocurrency space.
Consumer Mentions of blockchain games, play-to-earn mechanics, and NFT game assets are at an all-time high: +943% QoQ and more than +8000% YTD (7d MA).

1000’s of new projects have already cropped up across a wide variety of blockchains including: Ethereum, Binance Smart Chain, WAX, and Tron.

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