P2E and Web3 Weekly Review (January 20 – January 27, 2023)

Axie Infinity stabilized with more than 14K daily players on the blockchain, boosted by Origins Season 2.

P2E games continue to shift, with new releases for battle, adventure and other NFT projects. A new batch of games has risen to the top of P2E in terms of social media presence. At the same time, Axie Infinity keeps up the pace with its second season, increasing the rarity of reward items. The trend of finished games or at least minimal releases continues, 

Top Events of the Week

Leading Games by Number of Users

Leading Web3 games retained most of their users in the past week. Top projects remain within their usual range, with small player fluctuations. The type of game to retain users includes games with high-level activity, regular on-chain transactions or NFT usage. Mini-games, arcades or those with regular MMO gameplay retain a much higher transaction count, especially those using fast blockchains. Axie Infinity draws in more than 14K players in the weeks of its Origins Season 2 event.

GamePrevious WeekCurrent
Alien Worlds240.32K246.65K
Splinterlands198.46K203.56K
Farmers World68.36K74.99K
Planet IX84.92K99.22K
Upland24.05K23.57K
Play Mining19.39K20.17K
Axie Infinity12.55K14.12K

P2E Token Price Action

The market cap of all P2E tokens kept rising to $6.01B, completing a few weeks of recovery. The market is on track to double in value since the 2022 lows of around $3.5B in market capitalization.

Upcoming Airdrops and Giveaways

Superpals NFT

Apeish Upcoming Free Mint

Eternals NFT Mint

The Nifty Company Free NFT

Free NFT Drop on Galxe

Among legitimate mints, there are also possibilities for drainer sites. Malicious links usually bear a warning. 

https://twitter.com/stemywellington/status/1618974507057967104

The best approach is to use a new wallet for additional mints, or a wallet that has no significant assets beyond those for gas fees. NFT can also be acquired through game activity, crafting or special events. Not all NFT are transferable on the blockchain, and value is not guaranteed. Further transfers and usage may require additional fees for gas or listing.

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