POLY
by BSC News
April 13, 2023
DappRadar and Blockchain Gaming Alliance publish quarterly report.
Polygon bucked the general downward Web3 gaming trend in the first quarter of the year, posting a significant increase in user activity while other major blockchains reported declines. The increased adoption propelled Polygon into third place among gaming chains, surpassing BNB Chain in terms of Unique Active Wallets (UAWs).
DappRadar and the Blockchain Gaming Alliance partnered to produce a quarterly report on “The State of Blockchain Gaming” for the beginning of 2023.
Here are some highlights from the report:
“While there was a slight decrease in daily unique active wallets compared to the previous quarter, the overall dominance of blockchain gaming increased. The emergence of Polygon as a major player and the success of Alien Worlds and Splinterlands indicate the potential for growth and innovation in the industry,” according to the report.
Alien Worlds celebrated the news on Twitter.
Polygon is a “sidechain” scaling solution that runs alongside the Ethereum blockchain — allowing for speedy transactions and low fees. MATIC is the network’s native cryptocurrency, which is used for fees, staking, and more. The effectiveness of Polygon as an alternative to Ethereum has seen existing projects such as Aave and Curve adopting its chain.
Related News
Latest News
9h : 20m ago
Michael Saylor Capitalizes on MicroStrategy Stock Surge, Sells $370M $MSTR
10h : 59m ago
Hedgey Finance Reportedly Suffers $44.7M Exploit
12h : 20m ago
US SEC Escalates Legal Battle Against Justin Sun with Amended Lawsuit
April 17, 2024
What is Binance Megadrop?
April 17, 2024
Binance Prepares for Return to India After Paying $2M Fine
April 17, 2024
Aptos Announces Strategic Partnerships With Microsoft, Brevan Howard and More
April 16, 2024
What is Merlin Layer-2 Chain?
April 16, 2024
Bernstein Doubles Down on Bold Bitcoin Price Prediction
More News