Home Metaverse Blockchain Gaming and Metaverse Initiatives Raised $1.3 Billion in Q3 2022, Report Says

Blockchain Gaming and Metaverse Initiatives Raised $1.3 Billion in Q3 2022, Report Says

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Blockchain Gaming and Metaverse Initiatives Raised $1.3 Billion in Q3 2022, Report Says

Source: www.outlookindia.com

Blockchain metaverse and gaming projects raised a staggering $1.3 billion in Q3 2022, DappRadar’s latest Q3 2022 gaming BGA report reveals.

Web 3.0 gaming, the report says, continues to be a “driving force for the dapp business despite challenging market conditions.”

DappRadar analyzed Blockchain activity on 50 networks. It found that in September 2022 alone, around 912,000 daily unique active wallets (UAWs) interacted with gaming smart contracts.

According to the report, Hadean, a metaverse company, has created essential metaverse components and established multi-year partnerships with entertainment, education, and business digital twin service providers. These include Minecraft, Pixelynx, Sony, and Gamescoin, among others.

“This new…

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