Investments in blockchain games are projected to reach a total of $10 billion by the end of 2022, while the interest in the Metaverse seems to have cooled down.
A recent DappRadar study estimated that blockchain-based games raised $2.5 billion in Q1, 2022 from investors. If this pace maintains, the total investments by the end of the year will be 150% higher than in 2021. Additionally, in March, blockchain games attracted 1.22 million Unique Active Wallets and accounted for 52% of the industry’s activity.CryptoPotato
In total, blockchain games have raised $2.5 billion since the start of the year. The bold forecast predicts that investments for the entire of 2022 could reach $10 billion . Last year the total invested funds into the sector equaled $4 billion. On the other hand, interest in the Metaverse seemed to have cooled down after the hype driven by Meta’sseveral months ago. The trading volume in virtual worlds has plunged by 12% from Q4 2021, reaching $430 million in Q1 2022. The average price of lands in The Sandbox and Decentraland decreased by 40%, while both platforms saw a decline in their trading volume by 60% and 20%, respectively.during the first quarter of the year.
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