P2E and Web3 Game Watch: The Gaming Week in Review (November 18 – November 25, 2022)

Games like CropBytes are offering a free entry and subsequent token and NFT earnings.

More and more former play-to-earn games are shifting their attention to quality gameplay and ownership. Some of the NFT projects bet on airdrops or offer more accessible options. Tournaments and special short-term challenges are gaining ground, and games move in to selling ticket NFT or game passes to invite revenues. Axie Infinity is preparing for Origins Season 2, pending several updates. 

Top Events of the Week

Leading Games by Number of Users

There is a slight shift in the top-ranked games, as Gameta moved from Solana to BNB Chain and is rebuilding its transaction and player count. Most games remain near their usual levels of activity, especially Alien Worlds that keeps organizing mini-challenges every few minutes. New games rise to the top, though with higher player count due to one-off event or token distribution. Most P2E games do not distribute rewards continuously, to achieve automation and save on fees. Axie Infinity kept shedding players during its inter-seasons period, waiting for Origins S2. 

GamePrevious WeekCurrent
Alien Worlds237.51K206.39K
Farmers World73.44K73.54K
Benji Bananas69.73K
X World Games23.18K26.63K
Axie Infinity10.31K9.46K

P2E Token Price Action

The market cap of all P2E tokens slid to $3.77B, facing more downward price pressures.

Ethereum (ETH) managed to hold above $1,100, though expecting more volatility and potentially undermining some of the P2E projects. AXS, one of the leading P2E tokens, is down to the $6 range, diminishing the game’s returns.

Upcoming Airdrops and Giveaways

The best approach to airdrops is to only visit official links. Also use a new and empty wallet, to avoid malicious links that can empty a wallet of all its NFT and tokens.

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