Thread by @PanParagraf

I’ve just read the monthly gaming roundup by @Delphi_Digital so you don't have to.

These numbers speak volumes...
It seems that January has already set the stage for what is coming for web3 gaming in 2023.

Here are my top takeaways from the report👇
1/

A triple-digit growth (!) of the top #gaming tokens in the past 30 days alone foreshadows a bounce back from last year’s lows.

As of Jan 25, the top 10 gaming tokens by market cap have increased in price by at least 50%, with some seeing as much as 200% growth from Jan 1.
2/

And not all of these projects had big announcements during this time, making the growth all the more intriguing.

The sector has also seen a number of token unlocks from $APE, $APT, and $AXS, which, combined with increasing prices, contributed to the overall growth.
3/

Gaming-related funding is up compared to December, and the total market cap for all gaming-related tokens is around $11.5B, an almost 82% increase from the previous month.
4/

Interestingly, the number of unique active wallets (UAW) has remained steady over the past several months, which doesn’t really surprise me, considering that many of the recent standout game launches (Illuvium, Axie Homeland) do not require any on-chain interactions.
5/

This may suggest that Web3 gaming is decoupled from external market movements, and gamers just want to play their favorite games regardless of changes in token prices.

Likewise, the number of on-chain transactions made within games remained fairly consistent.
6/

What does this mean for the future?

Well, the steady growth and lack of volatility suggest that gamers are committed to playing their fav games and supporting the growth of new ones.

Web3 gaming is still going strong and I'm curious to see what's in store for the next months👀

Thanks for making it to the end of my thread

Here is the list of some web3 gaming OGs I highly recommend to keep on your twitter list:
@RealJonahBlake @0xHustlepedia @bigdog_max @urvgoel @SpikeReacts_ @JoshLu @0xRyze @CryptoStache @brycent_ @cagyjan1 @Fwiz