Dappradar Games Report for July 2024: AI Dapps Reign Supreme, Blockchain Gaming Stays Strong

Dappradar released the ‘Dappradar Games Report’ for July 2024 with the Blockchain Gaming Alliance. It unraveled the developments in the realm of blockchain-based gaming and more.

Dappradar has unveiled its ‘Dappradar Games Report’ for July 2024 in collaboration with the Blockchain Gaming Alliance. The report sheds light on the latest developments in the realm of blockchain-based gaming and more.

While gaming has consistently maintained its position as the top niche in the blockchain space, last month witnessed a shift in the landscape as AI dapps took center stage. According to the report, the ‘Other’ category on Dappradar's platform, which now houses a multitude of AI-related applications, has overtaken the ‘Games’ section to claim the number one spot.

The rise of AI dapps comes as no surprise, considering how the technology has dominated conversations for a significant period now, with its use cases extending into almost every industry. At the cross-section of AI and blockchain lie numerous dapps that cater to diverse user needs, thanks to the novel utility حاصل from the power of AI and the inherent benefits of blockchain and crypto.

Among the top dapps in this category are DIN and AlayaAI, which played a pivotal role in driving the category's overall performance. The category “now holds the top position with a 28% share.” Meanwhile, blockchain gaming “sits in second place with a 26% share.”

Impressive Achievements by Blockchain Gaming

Despite the shifting landscape, gaming still managed to achieve some impressive feats last month. For instance, out of the 15 million daily unique active wallets (dUAW) observed across the dapp industry, gaming dapps engaged “with 4 million dUAW.” This figure marks a substantial 79% increase from June, setting a new all-time high.

Among the networks hosting decentralized gaming use cases, Ronin remained the clear frontrunner, attracting 1 million dUAW, which translates to one-fourth of all dUAW interacting with the segment. Pixels and Lumiterra emerged as the top two games, driving massive usage to the renowned gaming network. Following Ronin in terms of network rankings were opBNB, Oasys, and Near, respectively.

In the realm of gaming NFTs, Gods Unchained topped the charts as NFTs pertaining to the game garnered over $15 million in trading volume. Another highlight was the strong performance of Metaverse-related NFTs, with assets from the Mocaverse gaming metaverse clocking in a trading value of more than $4 million.

However, the report also noted a slowdown in the flow of investments into the blockchain gaming category, “recording only $23 million in investments spread across just three deals.” It further stated, “This marks the lowest investment level since Q3 2020, signaling a slowdown in funding activity.”

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