Chain Game Weekly | Illuvium partners with Team Liquid, Matr1X raises $10 million in funding (11.27-12.3)

Finishing|Odaily Planet Daily

Author |OxSekiro

The blockchain game sector is becoming more and more popular, especially since October this year, the overall financing amount of the chain game sector has exceeded 100 million US dollars, an increase of 61% compared with 67 million US dollars in September, and at the same time, in the past November, the chain game sector has continued to be positive, including Pixels, Illuvium, Gala Games, TreasureDAO, etc. In addition, the entry of traditional gaming giants such as Unisoft has raised users’ expectations for the playability of blockchain games.

Odaily summarizes the recent financing information and the progress of popular games in the chain game sector, and also takes stock of upcoming participation opportunities.

Secondary market performance of the chain game sector

In the past week, the chain game sector continued its previous upward trend, with 7 D rising 12.2%, and the current total market capitalization is $1.48 billion, still ranking 17th among all sectors, higher than the ZK sector and lower than the Layer 2 sector.

It is worth noting that this week, the number of tokens in the blockchain game sector increased by 3 compared with the rise, rising to 300, which shows that the current market’s attention to games is still on the old projects, and the uncertainty shown by the new projects has also made the market enthusiasm relatively cold.

For example, Jason, an independent researcher, said that in the last cycle, the game was the sector with the most financing in the entire Web3 primary market, locking up a large number of institutional funds, and it is difficult to exit such a large number of times every two cycles, otherwise the institutions will have a hard time, and the primary market has a strong willingness to bubble up in this sector.

In addition, this year will be the first year of 3A GameFi, after the last round of shoddy mini-games, how to balance playing and earning is a big proposition left to the market, excellent big productions not only convey the team’s strength and willingness to do things to the outside world, but also continue to develop from playable to fun, but at the same time, it is also a pity that we have not seen such paradigm innovations as crypto cats, Axie, and STEPN for the time being.

But at the same time, Chen Jian also believes that the historical experience of Web1, 2, and 3 tells us that games are the tracks with the most large-scale circle-breaking effect.

The game is a track that is naturally suitable for combining blockchain, NFT + Token + economic model + scalability, which can use as many characteristics of the blockchain as possible.

In terms of secondary market trends, in the past 7 days, out of the 300 games counted, only 71 game tokens are on the rise, and the remaining 229 games are all in decline.

Although the number of rising tokens is relatively small, it reflects the trend that the heat is concentrating on popular projects, such as BIGTIME Token, which has risen 152.3% in the past 7 days, ranking 3rd on the list of gainers; Star Atlas is up 66% over the last 7 days, placing it in 7th place.

At the same time, projects that inhabit the blockchain game sector as game platforms and infrastructure seem to be more favored by capital, such as the old public chain ICP (up 5.3% on 7 D) and Immutable (up 6.4% on 7 D). and some small game platforms Chain Games (7 D up 176.8%) and KAP Games (7 D up 158.1%), ranking 1st and 2nd respectively.

In the secondary market of related NFTs, according to NFT Price Floor data, the floor price of NFTs in the gaming sector has increased by 7.39% in the past 7 days, with a trading volume of 16,210. Among them, the game with the biggest increase in seven days is ZED RUN (horse racing), which has increased by more than 60,000%, and the current floor price is 0.0003 ETH, while the more popular The Grapes in November has dropped by more than 38.97% since the start of the Token presale, and the current floor price is 1.58 ETH.

In addition, Blur data shows that the floor price of the P2E chain game Pixels Farm Land NFT has risen to a maximum of 0.998 ETH, a seven-day maximum increase of 69.18%, and although it has fallen, the floor price is still at ETH 0.978.

Blockchain game financing information

Dynamic tracking of well-known games

1. BinaryX

Website:

Introduction: BinaryX (BNX) is a blockchain gaming ecosystem built to launch cryptocurrency-powered games.

What’s new: It has launched the latest chain game AI Hero.

Related Links: _x/status/1729410122374586670

2. Gabby World

Official website:_world

Description: Gabby World is positioned as a full-chain, autonomous world led by humans, self-generated and evolved by AI, and providing an interactive adventure experience.

What’s new: The final 33 Masterpiece Series NFTs will be released on December 7th.

Related Links: _world_/status/1730576196294025662

3. Illuvium

Website:

Synopsis: Illuvium is an RPG and NFT game built on ETH, the game mechanism is that players capture beasts by fighting monsters and upgrades, and mint them to generate NFTs, and then put them on the trading market to sell for profit.

What’s new: Its Beta 3 version went live on November 28. In addition, Illuvium has partnered with esports club Team Liquid. Team Liquid will test its new competitive PVP auto-battles and will also co-host a $100,000 esports tournament with Illuvium in 2024 to develop its game’s esports scene and tournaments. As part of the collaboration, the game will also release Team Liquid-themed Illuvium NFTs in the form of character skins and avatars.

Related Links:

Blockchain game launch dynamics

1. SHRAPNEL

Website:

Description: SHRAPNEL is a 3A shooter chain game based on the Avalanche blockchain and powered by the Unreal Engine 5, built on the blockchain gaming platform Forte.

Launch: Previously raised $35 million in funding, and a new game will be launched on December 10.

Related Links:

CoinMusme

Website:

Introduction: CoinMusme is a blockchain game that anthropomorphizes NFT currencies commonly found in blockchain technology into a variety of beautiful girl characters, allowing players to collect and breed

Launch Updates: The game is coming soon.

Related Links: _GameFi/status/1728718287020962250

Age of Dino

Website:

Description: Age of Dino (AOD) is a next-generation massively multiplayer online (MMO) strategy game developed on the Xterio platform.

Availability: Servers will be available from November 30 to December 7.

Related Links:

Other noteworthy developments in the chain game track

1. Horizon

Website:

Introduction: Horizon Blockchain Games is a blockchain game developer that aims to bring the symbiotic economy and power of Web3 and ETH to players, consumers, and developers through its products.

What’s new: Launch of Sequence Builder, a full-stack dashboard for game developers, with support for adding blockchain elements (such as NFTs) to video games using popular engines like Unreal Engine and Unity.
Sequence Builder allows game developers to integrate existing NFT collections into their games, add crypto wallet connectivity, support in-game crypto trading gas fee prepayments, launch a white-label NFT marketplace, and more. According to the company, NFT mint functionality will be added in the future, with the possibility of expanding to Solana (currently only supported by ETH).

Related Links: sequence/status/1730272311142486292

2. ICC Camp

** **

Introduction: ICC Camp is committed to exploring and promoting the development of the Web3 game industry ecosystem, and has received key strategic support from ABGA (Asian Chain Game Alliance) and Web3 Labs. The mission of ICC Camp is to cultivate and support outstanding entrepreneurs in the Web3 game industry in the future, providing students with systematic and high-quality offline courses, introducing rich industry resources, and providing substantial financial support.

What’s new: On November 29, ICC Camp (Imagine Creation Combinator Camp), an accelerator focused on the Web3 game ecosystem, was announced.

Related Links: _icc85839/status/1729760268094255465