Radar DAPP: The fall of the cryptocurrency market did not affect NFT and games on the blockchain – Bits Media

Dapp Radar analytical service published a report, according to which NFT and blockchain games are less dependent on the situation in the cryptocurrency market, Unlike the Defi industry.

As reports Dapp Radar, The number of transactions with NFT continues to increase, Despite the recent The fall of the cryptocurrency market. Besides, Interest in blockchain -based games is growing.

So, At the end of last year, the application at the Ethereum to create NFT attracted more daily 2.5 Mill of active users. The number of users of such applications increased by 707% Compared to 2020 year and on 43% Compared to the III quarter 2021 of the year. Blockchain games industry also continues to grow.

“Games on the blockchain attract more and more users every month. Considering, that this year there will be widely expected use options for Play-to-Earn and Gamefi, We calculate, that the games on the blockchain will continue to stimulate the growth of the industry in 2022 year ", - Analysts noted.

The popularity of Defi is more dependent on the situation in the cryptocurrency market. The industry attracted from above 1.25 Mill of active users daily, When eth courses, SOL, Avax and Luna reached record maxima. However, during the last "bear" trend of all 800 000 new users have joined Defi. Analysts predict, that such a correlation of the industry with the cryptocurrency market will be observed in 2022 year.

The report says, that despite the ban on cryptocurrencies in China, The country leads by the number of NFT users and blockchain games - their number has grown by 166% Compared to November 2021 year and reached 204 000. The second place is occupied by the United States - traffic in this region has increased by 38% To more 175 000 users.

The number of users from the UK, Russia, Philippines and Brazil exceeded 168 000, increasing on average approximately 30%. Moreover, the most significant growth is observed in Russia.

Last year, BGA submitted a report, According to which in July, cryptocurrency wallets were connected to games on the base of the blockchain 804 000 unique users. According to the Coingecko service, for 2021 year, the capital market in the decentralized finance sector has grown in 7.5 Once before $150 billion.