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

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

• Alien Worlds Prepares for New Type of Battledome Tournament
• Genopets to Extend Closed Beta with New Invitations
• Winkyverse Educational Metaverse Prepares for Land Sale
• CropBytes Transforms into Free-to-Earn
• Gunfire Avax Prepares for FIFA 2022 Mint

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. 

Game

Previous Week

Current

Alien Worlds

237.51K

206.39K

Splinterlands

169.82K

153.33K

Farmers World

73.44K

73.54K

Benji Bananas

–

69.73K

Upland

27.08K

25.92K

X World Games

23.18K

26.63K

Axie Infinity

10.31K

9.46K

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

• MOBOX FIFA World Cup Airdrop – running til December 19
• SakuraVerse $PPT Token Lucky Draw
• Utopo and Vers Heroes Token Airdrop
• Imperium Wars Free NFT

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.