A new report from DappRadar has shown significant growth in the play-to-earn (P2E) industry, with a 421% increase in daily Unique Active Wallets (dUAW) in 2024. The report highlighted the retail side of the industry, with new users and gaming innovations leading to sustained growth. The report also noted nearly 6 billion on-chain gaming transactions over the year, as well as the launch of over 1,500 new blockchain-based games. The report attributed the flurry of activity in the blockchain gaming sector to the valuation spike of virtual currencies and the onboarding of new users from traditional gaming circles. The report predicts an increase in adoption this year as mainstream firms focus on the sector. However, the report also noted a decline in VC activity in 2024. In separate news, a State of the Game Industry survey found that the use of generative artificial intelligence (AI) in the gaming sector is at an all-time high, with over half of surveyed game development firms using AI in game design. The adoption of AI has raised concerns among employees, who fear job losses. However, industry leaders argue that the job cuts will be short-term and that AI will ultimately create more job opportunities in the long run. The report also highlighted an increase in the number of female game developers and a growing interest in live-service titles.



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