P2E and Web3 Weekly Review (December 9 – December 16, 2022)

The end of 2022 is bringing multiple giveaway events and NFT drops and lucky draws. The year has been challenging for P2E games that relied on a constant bull market, yet multiple other projects managed to launch. In the past week, Sunflower Land reached the open beta stage, and TimeShuffle opened its alpha game for wider testing. The gaming and NFT market are also trying to decouple from crypto, as the fallout of the FTX exchange is still felt across all markets.

Top Events of the Week

• Meta Apes Reaches Peak Player Count
• Sunflower Land Opens the Game for New Farmers
• My Neighbor Alice Launches Last Yearly Land Sale, Alpha Season 2
• Universe Island Apps Go Live
• Illuvium Overworld Launches as Private Beta

Leading Games by Number of Users

Most top games retained their player count, with a big boost to Splinterlands, which wrapped up its Season 100 with ranked leaderboards. Busy games remain almost the same in the top list, mostly due to the structure of their smart contracts. Games with mid-range popularity still gather between 10K and 20K players per day. Some of the games have even more active daily counts, but do not have intensive blockchain usage to track engagement. 

Game

Previous Week

Current

Alien Worlds

233.51K

237.16K

Splinterlands

150.86K

199.08K

Farmers World

73.72K

68.86K

Planet IX

45.79K

45.67K

Benji Bananas

34.93K

34.65K

Era7: Game of Truth

29.57K

29.51K

Axie Infinity

9.98K

11.08K

P2E Token Price Action

The market cap of all P2E tokens slid further down to $3.79B as BTC and ETH showed weakness as well. Tokens are mostly used within games, with fewer investors for speculative trading.

Upcoming Airdrops and Giveaways

• Town Star 12 Days of NFT (ONGOING)
• Curionic Year-End Giveaways (DAILY)
• Voxies 12 Days of Christmas Giveaway
• Coinbase Wallet Gaming Days with Rewards
• Medieval Empires Game MME Token Giveaway

Free NFT airdrops do not guarantee quality or a high resale price. Only use official links and create new wallets for airdrops to secure older assets. 

NFT projects continue to have launches, though with more subdued trading. Yet the past year saw games pick the NFT format for more secure ownership, even without an active resale and speculation market.