{"id":384121,"date":"2021-12-21T19:00:00","date_gmt":"2021-12-21T16:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nft-gaming-generated-2-32b-in-q3-bga-report\/"},"modified":"2021-12-21T19:00:00","modified_gmt":"2021-12-21T16:00:00","slug":"nft-gaming-generated-2-32b-in-q3-bga-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nft-gaming-generated-2-32b-in-q3-bga-report\/","title":{"rendered":"# NFT gaming generated $2.32B in Q3 \u2014 BGA report"},"content":{"rendered":"<p>&#8220;<strong># NFT gaming generated $2.32B in Q3 \u2014 BGA report  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvMDdkYmVhY2EtMzNkNC00YThiLWI5NGYtNGMxMmEyZTBiZTRjLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Blockchain gaming continues to grow and dominate the nonfungible token space with a share of roughly 22% of all NFT trading volume in the third quarter of 2021, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/drive.google.com\/file\/d\/1MdTf09m-1INEuiILa-mfpsZHVyIj_zbu\/view\">according<\/a> to a report released by the Blockchain Gaming Alliance, or BGA. The report showed that NFT <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>s accumulated $2.32 billion in revenue between July and September.\u00a0<\/p>\n<p>Metaverse-related activity was also highlighted in the report. It showed that virtual land sales reached $42.6 million while the total market capitalization for virtual world decentralized <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>s reached an all-time high of $4.6 billion at the end of November. <\/p>\n<p>Additionally, the report mentioned that there is a \u201c6,566% increase in daily unique active wallets.\u201d These are wallets that interact with smart contracts connected to games. <\/p>\n<p>The report also cited significant investments in blockchain gaming companies this year. Hong Kong-based game software company Animoca Brands raised $88 million in May, $138 million in July, and $65 million in October, doubling its valuation to $2.2 billion. <\/p>\n<p>Additionally, Cryptokitties developer Dapper Labs shocked the world with $230 million in sales on its NBA Top Shot project. Meanwhile, Pokemon-inspired NFT battling gaming Axie Infinity currently holds the record as the highest NFT sales with almost $4 billion all-time sales. <\/p>\n<p>DappRadar CoFounder Dragos Dunica believes that this growth will continue as everything comes together toward the metaverse. According to Dunica, the user growth of blockchain games will lead to something bigger and \u201cpotentially all-encompassing, the Metaverse.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The metaverse has been described as more than a game, but less than the real world. <\/p>\n<p>As our interactions become more virtual, NFTs appear to be a pivotal factor in accelerating the metaverse&#8217;s development. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/iE0pAlWkux\">https:\/\/t.co\/iE0pAlWkux<\/a><\/p>\n<p>\u2014 Cointelegraph (@Cointelegraph) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Cointelegraph\/status\/1431859159666921472?ref_src=twsrc%5Etfw\">August 29, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<strong><em>Related: <\/em><\/strong><strong><em>We saw mainstream adoption for NFT art kicking off in 2021, says NFT.NYC co-founder Cameron Bale<\/em><\/strong><\/p>\n<p>As the metaverse becomes more popular, major companies are jumping into the fray. In China, despite warnings from the government about NFTs and virtual assets, companies embarked on a race to register metaverse-related trademarks. More than a thousand companies applied to register 8,534 metaverse trademarks by Dec. 19.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/nft-gaming-generated-2-32b-in-q3-bga-report\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# NFT gaming generated $2.32B in Q3 \u2014 BGA report &#8221; Blockchain gaming continues to grow and dominate the nonfungible token space with a share of roughly 22% of all NFT trading volume in the third quarter of 2021, according to a report released by the Blockchain Gaming Alliance, or BGA. The report showed that&#8230;<\/p>\n","protected":false},"author":1,"featured_media":384122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvMDdkYmVhY2EtMzNkNC00YThiLWI5NGYtNGMxMmEyZTBiZTRjLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[91083,91498,95118,80,10751],"class_list":["post-384121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain-game","tag-metaverse","tag-nft","tag-games","tag-gaming"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/384121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=384121"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/384121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/384122"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=384121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=384121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=384121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}