POLY

Polygon Surpasses BNB Chain to Become 3rd Most Popular Gaming Chain

by BSCN

April 13, 2023

chain

DappRadar and Blockchain Gaming Alliance publish quarterly report.

Alien Worlds, Splinterlands Top Web3 Gaming List

Polygon bucked the general downward Web3 gaming trend in the first quarter of the year, posting a significant increase in user activity while other major blockchains reported declines. The increased adoption propelled Polygon into third place among gaming chains, surpassing BNB Chain in terms of Unique Active Wallets (UAWs).

DappRadar and the Blockchain Gaming Alliance partnered to produce a quarterly report on “The State of Blockchain Gaming” for the beginning of 2023.

Here are some highlights from the report:

  • Overall UAWs engaged in blockchain gaming fell 8.6%.
  • Gaming’s share of blockchain activity grew from 42.9% to 45.6%.
  • Top Web3 game Alien Worlds accounted for 66% of activity on WAX, the top gaming blockchain.
  • Splinterlands accounted for almost all activity on Hive, the second-ranked gaming blockchain.
  • A total of $739 million in investments was put into blockchain gaming and Metaverse projects in the quarter, a 13% increase.
“While there was a slight decrease in daily unique active wallets compared to the previous quarter, the overall dominance of blockchain gaming increased. The emergence of Polygon as a major player and the success of Alien Worlds and Splinterlands indicate the potential for growth and innovation in the industry,” according to the report.

Alien Worlds celebrated the news on Twitter.

What is Polygon:

Polygon is a “sidechain” scaling solution that runs alongside the Ethereum blockchain — allowing for speedy transactions and low fees. MATIC is the network’s native cryptocurrency, which is used for fees, staking, and more. The effectiveness of Polygon as an alternative to Ethereum has seen existing projects such as Aave and Curve adopting its chain.

For more about Polygon:

Website | Twitter | GitHub | Reddit | YouTube

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