Web3 Gaming Awards Event The GAM3 Awards, organized by Polkastarter Gaming, announced 16 winners at a live event on December 15.

congratulations to all the winners in our inaugural 2022 #GAM3 Awards ✨

we can’t wait to see what awaits you and the entire industry in 2023.

For more information and a summary of the awards, please visit ➡️ https://t.co/uK4Ymsc65d pic.twitter.com/PjFYliUwMz

— GAM3 AWARDS | December 15 (@PolkastarterGG) December 15, 2022

Games were judged based on a variety of criteria such as core loop, graphics, accessibility, replayability factor, fun elements, and overall gameplay experience. Although the focus was on gameplay, eligibility for the awards largely depended on whether the nominated games used blockchain technology in any way.

An international jury made up of gaming, media and web3 media was responsible for selecting the nominees.

Award winners included Big Time, which won both Game of the Year and Best Adventure Game; Shrapnel, which was awarded as the Most Anticipated Game; Star Atlas, which won the in the category of Best Graphic, and Thetan Arena, which was named Best Mobile Game. Winners in other categories included Blankos Block Party, Illuvium, Superior, MetalCore, Gods Unchained, EV.io, Brycent, League of Kingdoms, and The Harvest.

Related: Gamers Are More Interested In Winning Bitcoin Than NFT: Survey

Despite the sudden implosion of FTX and its cascading effects throughout the web3 ecosystem, the blockchain gaming niche still seems to be thriving.

According to analytics service DappRadar, “in October and November, gaming activity accounted for nearly half of all blockchain activity” tracked across 50 networks, “with 800,875 daily unique active wallets (UAWs) interacting with games smart contracts in November”.

The report also revealed that blockchain gaming raked in over $320 million in November, indicating excitement and potential growth for the Web3 gaming industry.