Web3 Game Weekly Report: Emerging Projects Show Strong Performance, Some Ecosystems Face Challenges

Last week, the Web3 gaming industry showed a mixed picture. On one hand, emerging projects like Kaidro, Ragnarok: Monster World, and Wild Forest performed outstandingly in terms of new player growth; on the other hand, some mature ecosystems faced difficulties.

Industry Trends

• A certain blockchain gaming ecosystem is facing restructuring due to a financial crisis and will stop game operations and related blockchain development.
• A 3A blockchain game developer is deep in financial crisis, with the number of employees drastically reduced to 12.
• The game project Infected announces its migration from Base to Solana.
• The Web3 division of a South Korean gaming giant plans to launch a token.
• A blockchain gaming platform completed a new financing round of $12 million.

Game Rankings

Top three new player growth weekly leaderboard

1. Kaidro
2. Ragnarok: Monster World
3. Wild Forest

These three games have performed well in attracting new users, demonstrating strong market appeal.

Top three weekly retention rates for new players

1. Pebble
2. Sunflower Land
3. Axie Infinity

Pebble leads with the highest new player retention rate, while the veteran game Axie Infinity still maintains strong user stickiness.

Top three in the weekly ranking of active player growth ###

1. Ragnarok: Monster World
2. Forgotten Runiverse
3. Pebble

Ragnarok: Monster World not only performs well in terms of new player growth, but also leads in active player growth.

Top three of the token growth weekly ranking ###

1. FUNToken
2. Baby Shark BubbleFong Friends
3. xPet.tech

The tokens of these projects have seen significant growth over the past week, reflecting investors' confidence in these games.

Market Trend Analysis

1. Emergence of New Projects: New games like Kaidro and Ragnarok: Monster World are performing well in attracting new users, indicating that there is still room for growth in the market.

2. Resilience of established games: Mature projects like Axie Infinity still maintain an advantage in user retention, indicating that their core player base is relatively stable.

3. Cross-chain Migration: The decision for Infected to migrate from Base to Solana reflects the project team's reassessment of different public chain ecosystems.

4. Industry reshuffling: Some projects are facing financial crises and restructuring, indicating that the Web3 gaming industry is undergoing a process of survival of the fittest.

5. Traditional game companies entering the field: South Korean gaming giants are laying out their plans in the Web3 sector, demonstrating a growing recognition of blockchain technology within the traditional gaming industry.

Despite the challenges faced by the industry, the continuous emergence of new projects and the involvement of traditional gaming companies have injected new vitality into the Web3 gaming space. In the future, finding a balance between innovation and stability will be a key factor in determining the success or failure of projects.