Footprint Analytics

Author: lesley@footprint.network In June, the crypto markets experienced a notable upswing, with Bitcoin in particular surging to a 12-month high of $31.2k. However, the NFT market did not share the same momentum, as data indicates a relative stagnation in user activity and funding. Nevertheless, there is an underlying stream of evolution within the NFT space. NFTs are beginning to shed their image as mere digital collectibles. A growing number of brands and industries are experimenting with ...

Blockchain Games Attract More Users but Fewer Fundings in JulyAuthor: lesley@footprint.network The world of web3 games saw modest growth in July 2023, but user adoption remains a persistent challenge for many projects. According to data from Footprint Analytics, the number of active blockchain games increased slightly to 2,471. However, only 9% of these (226 games) attracted more than 1,000 monthly users. While funding was down from previous months, investments such as Binance Lab’s $15 milli...

NFTs in JapanThe Japanese NFT market began with collaborations between domestic anime and idols, and is now focused on cultural affinity that has become a source of support for Japanese NFT projects. Key Takeaways:The Japanese NFT industry has three characteristics: extensive intellectual property (IP), low FUD, and a tightly knit community that encourages collaboration and synergy.Three major Japanese NFT projects are Murakami Flowers, Crypto Ninja Partners, and MetaSamurai.On top of its ric...

The emergence of GameFi, a hybrid of gaming and decentralised finance (DeFi), powered by NFTs and blockchain technology, has drastically changed the gaming industry in recent years.GameFi Tokens Market Cap Aimed to empower players through true ownership over in-game assets, a whole new market of crypto games has taken shape, evaluated at more than $27B at the beginning of 2022 (according to Footprint Analytics). Despite a decrease of more than 85% by EOY 2022, the value proposition of blockch...

Footprint Analytics, a leading provider of cutting-edge blockchain data solutions, is excited to announce its partnership with GasZero, the first gasless zk-Rollup in Layer 2. Together, they aim to accelerate the growth of the GasZero ecosystem and bring more users to Web3 with the enjoyment of zero gas fees. GasZero embraces the concept of “0 Gas Fee” across the network, aiming to find the best use cases in the industry and minimize the barriers for Web2 users to enter Web3 by integrating wa...

Author: lesley@footprint.network In July 2023, the volatility of the NFT market continued, characterized by declining trading volumes. However, the determined growth and resilience of certain sectors, such as gaming and music NFTs, stands out. This resurgence is reflected in the increasing number of unique users engaging with these niche sectors. This comprehensive report aims to provide a comprehensive insight into the NFT ecosystem in July 2023. It delves into key indicators such as market ...

Footprint AnalyticsInsights, Challenges, and PotentialAuthor: lesley@footprint.network Crypto markets rallied in June 2023, with Bitcoin surpassing $30,000 for the first time in 12 months. However, the web3 gaming sector told a different story, despite more than 1,000 blockchain games on the market. The market capitalization of gaming tokens fell from $6.38 billion to $5.50 billion, with a mid-month low of $4.70 billion. This decline indicates a potential imbalance between the supply of gamin...

Footprint AnalyticsAuthor: lesley@footprint.network After the narrative of blockchain enabling decentralized finance and easy cross-border transactions, the next major case for the technology has been that it empowers gamers to own their virtual assets and generate earnings from their in-game activity. As a result, institutional and retail investors fronted $5.4B into the GameFi industry in 2022 alone, expecting it to be the next frontier of mass crypto adoption. For long-term investors like ...

Author: lesley@footprint.network The world of gaming is undergoing a paradigm shift with the blockchain technologies, ushering in a new era of decentralized and rewarding game experiences. As this ever-changing landscape continues to evolve, an increasing number of gamers are flocking to this space. It is important for gamers to stay informed about the emerging trends and analytics that are shaping the web3 gaming industry now. In this article, we will introduce you into the exciting world of...

Dear users, We have incredible news to share with you! Our product, Footprint Data API, has undergone a major upgrade, and we are thrilled to announce that it is now completely free for all users. Yes, you read it correctly — It is now publicly available to everyone, free of charge! We continue to provide even more and better data, including the most comprehensive GameFi, NFT, and blockchain data. Additionally, we have introduced exciting new data elements:Reference data: Access comprehensive...

Footprint AnalyticsFootprint Analytics, a leading provider of advanced blockchain data solutions, is excited to announce its partnership with COMBO, a prominent provider of scaling solutions for Web3 game development. This collaboration aims to propel the GameFi space into a new era of data-driven innovation and revolutionize the blockchain industry as a whole. As the first game-focused optimistic rollup on BNB Chain, COMBO holds a unique position to capitalize on the rapid growth of the Game...

On August 29, Footprint Analytics has joined the Paima Ecosystem as a Paima Engine Professional — a group of entities dedicated to the growth and adoption of Web3 through usage of the Paima Engine. Having shown a deep understanding of the Paima ecosystem Footprint Analytics has become one of Paima Studio’s recommended partners for any new individual or company looking to join and build in the Paima ecosystem. Footprint provides vital data to game industry builders, including developers, strea...