BTC 103,820.00$ +0.82% ETH 2,406.00$ +2.43% USDT 1.00$ +0.01% XRP 2.41$ +1.59% BNB 660.30$ +4.37% SOL 171.83$ +2.41% USDC 1.00$ 0.00%
REGULATION
by
2 years ago

Flow Is The Fastest Growing Blockchain For Gaming In 2022, While Polygon Came In As The Third Fastest Growing Blockchain For Gaming

2023-04-12

REGULATION
by
2 years ago


Dapp Radar published an overview of blockchain game report in 2022. Apart from DeFi and NFTs, Web3 gaming is one of the megatrends in the cryptocurrency industry. Gaming blockchains need to put emphasis on micropayments. Here are top 5 gaming blockchains ranked by the number of unique active wallets (UAWs) in 2022.

Top 5 gaming blockchain in 2022 according to Dapp Rader


1. WAX (353K UAWs)

WAX ranks 173th world’s largest crypto, it has $176 million market cap.

WAX blockchain is a platform that allows anyone to create and trade digital items such as NFTs, games, and collectibles. WAX stands for Worldwide Asset eXchange and it aims to make it easy and fun for people to participate in the virtual economy. WAX blockchain uses a proof-of-stake consensus mechanism and has its own native token called WAXP. WAX blockchain also supports cross-chain compatibility with other blockchains such as Ethereum and Binance Smart Chain.

2.Hive (234K UAWs)

Hive ranks 162 world’s largest crypto, it has $195 million market cap.

Hive blockchain is a decentralized platform that allows users to create and share content on various topics. Users can earn Hive tokens by posting, commenting, and voting on other users' content. Hive blockchain also supports smart contracts and decentralized applications (dApps) that run on its network. Hive blockchain aims to be fast, scalable, and censorship-resistant.

3.BNB Chain (136K UAWs)

BNB Chain ranks 4th world’s largest crypto, it has $50 billion market cap.

BNB chain is a blockchain network that runs on the Binance Smart Chain (BSC) protocol. It is designed to be fast, scalable, and compatible with Ethereum. BNB chain allows users to create and use decentralized applications (dApps) and smart contracts on the BSC platform. BNB chain also supports the Binance Coin (BNB) token, which is used for paying fees, staking, and governance on the network.

4.Polygon (97K UAWs)

Polygon ranks 9th world’s largest crypto, it has $10 billion market cap.

Polygon is the third fastest growing blockchain for Web3 gaming. From 2021 to 2022 Polygon grew 338%.

Polygon is a platform that aims to improve the scalability and usability of Ethereum, the second-largest blockchain network in the world. Polygon uses a technique called layer 2 scaling, which means it runs transactions on a sidechain that is faster and cheaper than the main Ethereum chain. Polygon also supports interoperability between different blockchains, allowing users to transfer assets and data across different networks. Polygon claims to offer a solution for the high fees and congestion that often plague Ethereum, while preserving its security and decentralization.

5.Ronin (75K UAWs)

Ronin ranks 223th world’s largest crypto, it has $242 million market cap.

Ronin is a blockchain platform that supports the popular game, Axie Infinity. It allows players to trade and breed digital pets called Axies without relying on a centralized server or intermediary. Ronin also has its own token, called AXS, which can be used to buy land, items and governance rights in the game. Ronin is backed by several partners, including Ubisoft, Binance and Animoca Brands.

Ronin is an EVM-based blockchain for play-to-earn games. It is designed to provide a scalable, secure, and cost-effective infrastructure for game developers and players. Ronin uses DPoS to allow token holders to participate in the network governance and validation. Some of the popular games built on Ronin are Axie Infinity, Battle Bears, and Bowled.io.

 

Flow is the fastest growing blockchain for gaming in 2022.

Flow ranks 52th world’s largest crypto with 1 billion market cap.

In 2022 Flow ranked number 8th the most popular blockchain for gaming. Flow grew 8,881% in term of the number of unique active wallets (UAWs).

Flow blockchain is a decentralized, public layer one blockchain that aims to enable mainstream adoption of Web3 applications, especially in the domains of games, digital collectibles, and social media. Flow blockchain uses a multi-role architecture that separates the tasks of consensus, execution, collection, and verification among different nodes, allowing for high scalability and performance without compromising security or decentralization. Flow blockchain also introduces Cadence, a new resource-oriented programming language that makes smart contract development easier and safer. Flow blockchain powers popular platforms such as NBA Top Shot, CryptoKitties, and Doodles.

 

Recent News