Virtual Worlds Take Over the Blockchain Gaming Space

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Virtual worlds and metaverse platforms are steadily becoming the central focus of attention in the gaming space. Impressively, some of the more established names in the space like Decentraland and The Sandbox are falling behind. At the same time, newcomer NFT Worlds tops the charts for several weeks in a row. 

Since late last year, the metaverse has been one of the hottest topics in the blockchain space. However, with the first couple of months of 2022, virtual worlds are really starting to shine. Four out of the ten top gaming dapps in February are extensive virtual world platforms. 

Aside from metaverse platforms, play-to-earn games also attract heaps of attention. Market pioneer Axie Infinity makes the cut despite a falling performance for its native token AXS. Additionally, newcomer Pegaxy has managed to secure a spot in the chart. This is thanks to the launch of a new and improved 3D racing track. 

Browse the complete list of the top 10 blockchain games of the month below. Click on the respective image to learn more about each platform. Alternatively, check out the handy video below, which summarizes the ranking for a quick view.

Top 10 blockchain games in February

NFT Worlds completely dominated the gaming space this month with a 212% increase in the valuation of its native token WRLD. Additionally, the game introduced gasless in-game transactions, which improved the user experience tremendously. 

Wax-based giant Alien Worlds ranks second this month, despite a 2.6% drop in the price of TLM, Alien Worlds ranks second in this month’s ranking. The game attracted close to 1 million unique active wallets in February.

Polygon-based horse racing game Pegaxy has introduced numerous improvements to its platform, which grants it the third spot this month. With a new 3D racing track and new character designs, gamers are taking notice of the horse racing game. They can earn PGX tokens by winning races.

Card trading game Splinterlands drops a couple of spots this month. However, the game still holds its ground with more than 500,000 unique active wallets connected to its platform this month. SPS farming is still a big part of the hype.

Virtual world Decentraland is climbing the ranking in February thanks to several important announcements of big names buying land on the platform. These include JP Morgan and DJ RAC. MANA is the native token of the virtual world ecosystem. 

Mobile-based mini-game platform Arc8 ranks sixth this month with the introduction of its first official fully-fledged season. The platform has seen a rise in interest following the release of its complete gaming capabilities. Additionally, the platform’s native token GMEE gained 8% in valuation in the past 30 days.  

Play-to-earn behemoth Axie Infinity has dropped several places this month, as its native token AXS lost more than 5% in valuation. However, the game introduced numerous important updates, including the start of its 20th season, and the launch of its Origin version. 

Virtual real estate trading game Upland has kept a steady streak of good performance in the past several weeks. Attracting more than 330,000 unique active wallets and announcing numerous landmark plot sales, Upland ranks seventh in February. 

Virtual world The Sandbox has had quite a successful month with the launch of single staking pools for SAND, and a smart contract migration for its land NFTs. However, as SAND’s valuation lost close to 2% of its valuation in the past thirty days, the platform ranks ninth this month. 

WorldWideWeb3 has been on an exciting run towards incorporating as many NFT collections as possible this month. This paired with one of the largest virtual world quests to date has granted the platform a spot in the February Top 10 blockchain games ranking. 

Virtual worlds are the future

The metaverse has brought to light a completely new aspect of the web3 space and the functionalities blockchain technology can offer. Since Facebook’s rebranding to Meta last year, virtual worlds have started garnering more attention both from crypto enthusiasts and from the  mainstream audience. 

Importantly, pioneers in the space like The Sandbox and Decentraland are now facing serious competition from newcomers in the space. NFT Worlds launched in October 2021, however, the platform is already topping the charts. Thanks to an innovative airdrop token structure, and in-game utility for its native token WRLD, the game has seen a tidal wave of activity recently. 

DappRadar will continue monitoring the blockchain gaming space, as more virtual worlds pop up. If you want to learn more about gaming on the blockchain, browse through the full DappRadar Top Games Rankings. Additionally, you can follow DappRadar on Twitter to learn the latest blockchain gaming news first.

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