Cointelegraph Research report analyzes GameFi bumper in 2021 and trends for 2022

In March, Cointelegraph Research will publish a 30-page report on GameFi – the term used to describe the marriage of blockchain-based games with decentralized finance (DeFi). The report analyzes five popular play-to-earn (P2E) games, the GameFi economy, and the future development of an industry responsible for over 55% of all crypto transactions in the last quarter of 2021.

Working with multiple partners, including Konvoy Ventures, Game7, Forte, Animoca Brands and others, the Cointelegraph Consulting Research report will assess the strength of gaming economies, future challenges for the GameFi industry, and potential ways to overcome them.

The report dives into five popular P2E games and compares titles on deposited balance, number of active users and trading volume. Games will also receive one to five ratings for gameplay and tokenomics. Economic activity on GameFi has exploded in 2021 and entire economies have grown. This report explores the economics of digital economies. He argues for a free market economic model based on strong property rights.

Visit the new Cointelegraph research terminal here to register for early access to the report.

Provide useful information about GameFi

You don’t have to be a seasoned professional to find nuggets of useful information in this report. The report provides a broad overview of the GameFi industry with easy-to-digest data on five of the most popular P2E games. You will find informative graphics and analysis of important concepts relevant to the GameFi industry and how the early pioneers developed in 2021. An example of the data you can expect can be found in the table below:

The graph shows the balance players have invested (in USD) in each game, representing the value players place on their gaming hardware. The number of daily active users (measured by unique wallet addresses) is displayed on a 30-day moving average. Volume represents the daily amount of incoming value (USD) into the game. Finally, each game is scored for its gameplay and tokenomics factors.

Property rights online for the first time

Prior to GameFi, game worlds did not allow gamers to truly own their in-game assets. free markets at the price of their choice. Crypto gambling has grown in popularity as players collect and trade virtual assets. This has generated reliable revenue for game developers while creating value for gamers.

In 2020, Axie Infinity players in the Philippines earned their regular monthly salaries simply by playing the game at a time when measures against the COVID-19 pandemic led to economic hardship in the country. The chart below shows Axie Infinity’s dominance over GameFi based on in-game NFT transaction volume:

Axie Infinity was GameFi’s top hit of 2021. All assets and data on Axie are open source and their use does not require permission from Axie’s developers, SkyMavis. Community developers can create whatever they want and let the gaming community decide whether they like it or not. In other words, a free and open market is built into the game design.

Will 2022 be the year of GameFi?

The rapid development of the five games is impressive, and 2022 promises to be a big year for P2E games. GameFi changes the rules of the game but it is not without its share of challenges. Several regulatory concerns await the industry. This report is a great source of information for anyone interested in GameFi. It highlights the superiority of open free trade over planned economies.

This article is for informational purposes only and does not represent investment advice, investment analysis or an invitation to buy or sell financial instruments. Specifically, the document is not a substitute for individual investment or other advice.

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