Web3 games are a fun way to earn cryptocurrency and NFTs while playing the games you love. The potential of these NFT games cannot be overstated as they become mainstream video games. Ethereum is the widely used blockchain to host these games and dApps. In 2022, nearly 50% of the blockchain traffic was generated by blockchain games and dApps. The traffic was just 39% of the total network in 2021, according to DappRaddar.
Considering this, we can safely say that blockchain games have the potential to kickstart the next bull run. No single game has enough impact to start it but if there are multiple games giving their best, they could potentially stimulate the entire crypto market. So, which games hold this potential? let’s find out.
Web3 Games to Kickstart the Next Bull Run
1. Citizen Conflict
Citizen Conflict is the first web3 shooter game to bring the open-world MMO experience built on Unreal Engine 5 by QORPO game studio. Unlike most of decentralized games, Citizen Conflict brings the heat of the esports modes to the blockchain with an impressive storyline, large-scale gameplay on MMO open world map, and a futuristic dystopian design.
2. Thetan Arena:
Thetan Arena is a MOBA (Multiplayer Online Battle Arena) game in the esports category, incentivizing the players with blockchain technology. The game has over 26.33 million total players so far. The reason for Thetan Arena to be so successful in the earlier stages is its engaging and immersive gameplay and the dual token ($THC & $THG) game economy to focus on the sustainability and scalability of the platform.
The mechanized battle game, Metalcore has a story similar to the movie Avatar, except this is the game and rewards players. Players land on an alien mineral-rich planet and engage in territorial warfare on a huge map. The game is experiencing good traction even in the earlier stages and without the launch of its native token. Once MetalCore moves to that stage, it might bring many green candles into the crypto space.
Engaging gameplay, a large in-game world map, a unique storyline, and a play-to-earn economy make Illuvium one of the top games in the development process. And, therefore, it could prove to be one of the games that kickstart the next bull run. Illuvian combines auto-pilot and RPG gameplay and its ecosystem is supported by Ethereum coin and $ILV token.
Key Factors Contributing to the Web3 Games Success:
- Crypto Market Price Action: Bitcoin stands strong in the face of FUDs and bearish waves which gives these games additional support to push the market upwards. Moreover, since Ethereum, BNB, Solana and other tokens are more than 70% down from their all-time high, players can purchase the playable NFTs at discounted prices.
- The increasing popularity of NFTs: NFT utilities are increasing as people become more aware of their potential. From Web3 games to Web3 itself, the assets used are NFTs. The increase in the popularity of NFTs will incentivize the blockchain community.
- Mainstream Adoption of Web3 Game: According to a report by DappRadar, the global blockchain gaming market size is expected to grow from $4.6 billion in 2022 to $65.7 billion by 2027. The popularity of Blockchain games is increasing and it is attracting more players over time.
Crypto, technically, is often trapped between support and resistance levels and needs a spark to move in any direction. The above-listed web3 games have the potential to trigger a bullish rally upward in such a situation and be a reason for the next bull run.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.