P2E and Web3 Weekly Review (May 19- May 26)

Web3 games continue to seek innovation tools, retaining their appeal even during a stagnant crypto market. With competitive economies, exclusive prizes and paid tournaments, many games remain sustainable. Axie Infinity retains its prominent spot, though with a changed model and with additional mini-games. The Web3 games still run the gamut from complex 3D worlds to mini-games and puzzles, using tried and tested loyalty models to build up their player base and add NFT holders.

Top Events of the Week

• Clash Row Reaches Open Beta
• Rumby Stars to Expand Mini Games for Global Reach
• Ascenders Opens NFT Mint for Home Bases

Web3 Game News

Axie Mini Game Tournament Open This Weekend – Axie mini-games on Ronin are opening a tournament this weekend, with experimental gameplay using existing Axies NFT. Event opens on May 27.

https://twitter.com/GilaCees/status/1662066742330310656

Sunflower Land Adds Houses and Rooms – Sunflower Land hackathon achievements are growing. Now, the game offers additional buildings and room interiors, along with new special items. 

https://twitter.com/0xSunflowerLand/status/1661946975309426688

Illuvium Opens Zero Alpha Season – Illuvium launched its long-awaited Zero Alpha playable season this May 25. The game is still delaying its open beta, but offers new gameplay for early owners that waited years for the product launch. 

https://twitter.com/illuviumio/status/1661661955306946560

Leading Games by Number of Users

In the past week, leading games showed a new inflow of users, boosting their activity by more than 10%. Games with incentives, special events or tournaments remain highly active. Daily tasks and quests are another source of activity. Game products with multiple on-chain transactions are also gaining visibility, especially through fast, low-cost blockchains.

Game

Previous Week

Current

Alien Worlds

251.77K

274.77K

Farmers World

80.023K

83.14K

Splinterlands

54.82K

72.77K

SuperWalk

45.75K

47.27K

Sunflower Land

14.51K

14.84K

Axie Infinity

8.81K

9.38K

P2E Token Price Action

The market cap of all P2E tokens slid to $4.86B, after new selling pressure pushed most leading assets to a lower range. Still, ETH remains above $1,880, supporting the value of decentralized trading. 

Upcoming Mints, Airdrops, and Giveaways

• Mercenaries of Efyria Art Collection
• OracleAI Coming May 29
• Peace Eagle NFT

Games continue to offer loyalty through NFT ownership. While sales and resales of NFT are far from the boom in early 2022, activity still picks up. Collections appear with new items, and go through periods of heightened trading. The potential for free NFT to gain value is keeping up the interest in free mints, low-cost mints, or special NFT events.