Telegram has emerged as a key growth platform for Web3 video games, capturing 21% of recent Web3 sport launches this 12 months, in keeping with a report by Game7.
Game7 stated its report examines examines over 2,500 blockchain video games, 1,500 funding rounds, and 100 blockchain ecosystems, revealing important shifts within the Web3 gaming panorama.
The report stated the surge in gaming-focused chains continues to outpace sport growth, with 104 new blockchain networks introduced by means of Q3 2024, alongside 252 new sport bulletins. However these new Web3 sport bulletins are down 36% in comparison with 2023.
Immutable has positioned itself because the main blockchain gaming ecosystem with 181 introduced titles (71% YoY development), whereas Arbitrum achieved 68% YoY development to 119 titles, largely pushed by the Orbit Framework which powered 23 new Web3 gaming networks.
“As we method 2025, the crypto and Web3 gaming ecosystem is poised to make a big impression,” stated George Isichos, core contributor to Game7, in a message to GamesBeat. “Our analysis goals to equip stakeholders throughout all chains, genres, and platforms with the insights wanted to chop by means of the noise and concentrate on essentially the most promising alternatives for the 12 months forward. At Game7, we wish to make a distinction, not solely by offering essential analysis but additionally by working hand in hand with the very best groups prepared to deal with essentially the most thrilling challenges by means of our developer program.”
Asia Pacific groups have added 39% of recent Web3 video games in 2024, adopted by the U.S. with 36%, although U.S.-based groups nonetheless account for 27% of complete Web3 video games.
And Game7 stated a essential “playability hole” persists. Evaluation reveals that solely 45% of Web3 video games are in a playable state, with simply 34% having built-in blockchain expertise.
Game7’s evaluation focuses on developer exercise and ecosystem infrastructure growth as key indicators of business development, offering goal and dependable insights.