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
- Snake City Brings Two Special Weekly Events
- HoneyWood Offers Free Tokens
- Sunflower Land Offers Oranges, Squirrel Monkey NFT
- Revival of Avalanche Offers Free NFT
- Destoria Still in Founders Pass Stage
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.
Game
Previous Week
Current
240.32K
246.65K
198.46K
203.56K
Farmers World
68.36K
74.99K
Planet IX
84.92K
99.22K
Upland
24.05K
23.57K
Play Mining
19.39K
20.17K
Axie Infinity
12.55K
14.12K
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
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.
Related Articles
P2E and Web3 Weekly Review (May 12- May 19)
Games try to retain their player base with special events, prize pools and daily activities.
P2E and Web3 Weekly Review (March 24- March 31)
Users are still flowing into top games, based on engagement techniques and available competitive events.
P2E and Web3 Weekly Review (December 16 – December 23, 2022)
P2E games shifted their model in the past year, with top ones retaining a high player count with on-chain activity.