Blockchain Games Received $1 B in Investments in January

by in Blockchain News

blockchain games

A report by the decentralized applications platform DappRadar reveals that in January blockchain apps attracted $1 bln.

Related: OpenSea Closed Series C Investment Round With $300 M Raised

The data show that the GameFi section has been growing. Investments in the sector have reached their peak. Investments include the $300 M investments in OpenSea, which might not be a direct gaming, but the NFT platform plays an essential role in the trading market for game items.

Note that in 2021, the total amount of investments was $4 bln. According to the report, 52% of blockchain activities came from the gaming industry although NFTs and DeFi gained in popularity too.

Among leading games were Axie Infinity, Splinterlands, and The Sandbox. It was mentioned in the report that the developments around NFTs and the metaverse have boosted the growth.