GameFi News Weekly Recap

Edition #1 - January 6th, 2024

GameFi News Weekly Recap
Edition #1 - January 6th, 2024

NFT SALE
Photo Finish Live Records $31,250 USD Sale, 2nd Biggest Sale in Game’s History

Virtual Horse Racing Game, Photo Finish Live, built on the Solana Blockchain, recorded its second biggest sale in history on January 5th, 2024, when Big Brain Stables purchased unraced Foal ‘Unlocked’ for 2.5 million DERBY (equivalent to $31,250.00 USD at the time of the sale).

Unraced Filly Unlocked sold for $31,250.00 USD

NEWS
DeFi Land Partners with Kamino Finance and Offers 5 Million $DFL Tokens as Rewards

DeFi Land, built on the Solana blockchain, has partnered with Kamino Finance to bring more liquidity and rewards to DeFi Land and its players. Players now have access to their automated liquidity protocol and 5 million bonus $DFL tokens as rewards, accessible over the first three months.

NEWS
First-Person Shooter Shrapnel Releases Gameplay from Early Access Map

Shrapnel posted gameplay footage on YouTube from a playtest session of the Early Access Map, STX.01. STX.01 is the launch of Shrapnel’s early access program, and can be accessed by purchasing an extraction pack. Shrapnel developers will be using the early access program to collect feedback that they can use to improve all in-game mechanics.

Screenshot from Shrapnel’s STX.01 Playtest Footage on YouTube

NEWS
Ronin Enters 2024 as the Fastest Growing Blockchain in the World

Ronin enjoyed a successful 2023, growing from 12k daily active addresses to more than 200k. Ronin’s market cap also increased from $40m USD to more than $500m USD. Ronin, home to Axie Infinity, Pixels, and more, is a blockchain built specifically for Web3 games. Ronin is one to watch in 2024 as Web3 gaming continues to grow.

NEWS
Rise of Phishing and Wallet Draining Accounts on X & Discord Platforms

The past week has seen a rise in hacks and attacks on Discord and X. Several X accounts have been hacked, with hackers posting a link to claim a free airdrop. The fake links are then draining people’s wallets when they connect. A timely reminder to be extremely cautious when clicking any links on X or Discord.

DAPP RADAR WEEKLY REPORT
Top 5 Blockchain Games by Transaction Volume over Last 7 Days

RankGameBlockchainTokenVolume
1Axie InfinityEthereum/RoninAXS$15.33M
2xPet.techArbitrumXPET$10.75M
3Gas HeroPolygonGMT$7.34M
4Gods UnchainedEthereum/ImmutableGODS$4.27M
5DeFi KingdomsAvalancheWJEWEL$3.81M