1/10/2023 0 Comments Repertoire synonym![]() ![]() Also, it lays a blueprint on how scaling solutions like L2 and sidechains should become the preferred option to host any type of blockchain game transactions.Īpart from Illuvium, IMX is host to Gods Unchained, a TCG blasting through the bear market, Guilds of Guardians, Ember Sword and other exciting games expected to be integrated in upcoming months. Illuvium’s land sale marks the first milestone in one of the true first AAA blockchain games. gas fee for the land sale was $20 compared to the 2 ETH -$4,000 seen in the Otherdeeds). Contrary to the Otherside mint that left millions lost in an atrocious gas wars, Illuvium’s Dutch Auction prevented that situation (the avg. Illuvium will run on Immutable-X (IMX), an Ethereum layer-2 solution that optimizes gas fees whilst enjoying Ethereum’s infrastructures advantages. Also, Illuvium will release a mobile version called Illuvium Zero where players will be able to build an industrial virtual complex to mine resources. Prior to the land sale, in Q1, the game launched its private Beta giving a handful of players a real taste of battle action involving the magical creatures Illuvials. Land in Illuvium will be important as owners will have direct access to fuel, the main resource required to play the game. Illuvium, one of the most anticipated blockchain games, managed to sell out the game’s first land plots despite the unfavorable market conditions.įrom June 2 to June 4, Ethereum’s open world RPG successfully sold 20,000 land plots generating 4,018 ETH worth $72 million at the time of the sale. Illuvium land sale generates $72 million and lays blueprint for future NFT sales Besides delegating SPS to earn part of the rewards attributed to the validator node, players will be able to acquire the node licenses in the game’s marketplaces, allowing a fairer distribution to the game’s rewards. SPS holders will have a governance vote to shape up the future of Splinterlands’ DAO. SPS node licenses will be instrumental to the decentralized future of Splinterlands ecosystem which will rely on a Delegated Proof of Stake (DPoS) as the consensus mechanism to approve all transactions. On May 26, the first 2,000 validators node licenses sold out in less than 15 minutes, burning 14.5 million SPS and allocating almost $4 million to the game’s DAO. In May Splinterlands attracted 350,000 daily UAW, shrinking only 4% from April’s numbers.īut the most significant story for the popular Hive game is the successful sale of SPS validator node licenses. For the eight month in a row, Splinterlands dominated the gaming scene with its dynamic trading card mechanics. The leading blockchain game doesn’t seem to acknowledge the bear market. Table of Contents Splinterlands keeps rolling – 350,000 daily UAW despite bear market STEPN registers 2 million monthly users as the move-to-earn paradigm keeps adding exercise enthusiasts.Investments keep pouring into blockchain games with $1.4 billion raised by Web3 games and related metaverse projects since May.Galaverse reveals major plans for the Gala ecosystem including GRIT, Project Saturn and major updates to TWD Empires and Mirandus.Illuvium generates $72 million from its first land sale the event shows the advantages of Layer2 solutions like Immutable.Splinterlands maintains its position as the top blockchain game with 350,000 daily UAW in May while giving a big step towards decentralization.This report will cover the most important events that occurred over the last weeks which make blockchain games one of the most exciting categories in the dapp industry. Blockchain games confirmed their status as the blockchain vertical that is better navigating the bear season. Similarly, the activity in the dapp industry fell to its lowest point since last September, registering 2.22 million daily Unique Active Wallets (UAW).ĭefying the bear market trend, 1.15 million daily UAW interacted with blockchain games on average in May, decreasing only 5% from the previous month. The crypto market cap has fallen below $1 trillion for the first time since 2020. The dapp industry is experiencing struggles of a prolonged bear season affecting the crypto market. ![]() Illuvium´s first land sale, The Galaverse, and new move-to-earn projects keep the interest in this vertical alive. Blockchain games are the vertical keeping pace up for the entire industry in a harsh bear season blasting the market. ![]()
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