Footprint Analytics

STEPN is one of the hot projects in crypto and has surpassed $2 billion in market cap. Apr. 2022, Vincy Data Source: Footprint Analytics — April 2022 Report Dashboard In April, the number of GameFi game projects grew from 1,406 to 1,479, a monthly increase of 5.2%, with growth concentrated in the BSC and Polygon chains. Monthly active users were 9.22 million and transaction volume was $34.37 million. But compared to March, active users and transaction volume fell by 24.9% and 73.4%, respectiv...

StarSharks was updated in early April, but instead of boosting the token price, it sent user numbers over a cliff. May 2022, Simon Data Source: Footprint Analytics StarSharks Dashboard StarSharks fell from first to third place among games on the BNB Chain, with WAU falling off a cliff by 455%. Clearly, StarSharks, an up-and-comer on BSC, has failed to sustain its strong growth. Despite a slew of updates, data from Footprint Analytics shows that, instead of going to the moon, the project now f...

The Sandbox is the most popular voxel builder game on the blockchain. Here are the three most popular alternatives on Ethereum. Apr. 2022 Grace Data Source: Footprint Analytics Top3 SandboxGames On Ethereum. Voxel-based modeling games allow players to run wild with their creativity and build complex imaginary worlds. Outside of blockchain, Minecraft immediately comes to mind and is a household name. In the world of crypto, The Sandbox is the most well-known voxel sandbox game, having reached ...

Can it recover after being attacked in March? May 2022, Simon Data Source: Footprint Analytics Hundred Dashboard On March 15, the lending protocol Hundred Finance was hacked on the Gnosis chain, losing 2,363 ETH. Immediately, Hundred Finance paused all markets on the chain. Prior to the hack, Hundred Finance was a relatively** small DeFi protocol on Gnosis, with highest $313M **TVL. As a fork of Compound, its features were nothing special. However, its multi-chain deployment gives it a place ...

The crypto market saw a significant decline in 2022, but not all sectors faced the same trajectory. In 2022, the funding market is very active, with capital flowing into the GameFi industry at an unprecedented rate. The overall Q1 funding amount of the GameFi rose 194.19% year on year, with start-up game projects being hotly pursued by capital and the industry developing positively. Footprint Analytics, a one-stop visual data analytics platform, and DeGame, a Web 3.0 NFT game infrastructure p...

In a previous article, we introduced three tokenomic models for single-token blockchain games and their respective pros and cons. In this article, we’ll go over dual-token projects, an innovation that came after single-token games which is by far the most popular model today. The dual-token model emerged in the first half of 2020, when Axie Infinity introduced SLP (Smooth Love Potion) as a way to reduce selling pressure on AXS, the original game token of Axie Infinity. Since then, almost all ...

Alien Worlds leads the entire WAX ecosystem, being the first to introduce liquidity mining to an NFT game. Apr. 2022, Vincy Data Source: Footprint Analytics — Alien Worlds Dashboard Alien Worlds launched in August 2020, and the number of active users soared to 350,000 in April 2021. Currently, it maintains an average daily user number of about 200,000, the 2nd-highest in the GameFi industry. In this article, we’ll compare Alien Worlds to Splinterlands, the two most popular blockchain games, a...

May 2022, Simon Data Source: Footprint Analytics X-to-earn Token Dashboard According to Footprint Analytics, there are currently over 1,400 GameFi projects. But P2E games, spearheaded by the popularity of Axie Infinity, have attracted criticism for being unimaginative, mechanical, and speculation-driven. The reality is, very few people would continue playing the current batch of GameFi titles if it wasn’t for the money. Hence the guild system, where NFT owners lease their assets to scholars i...

In this week’s Spotlight, Alex Cooper, who is Leading Community at Footprint Analytics and overall a huge gamer, talked with Web3 Academy about GameFi. He trIED to explain and simplify the concept of GameFi, something that sounds simple but is actually much more profound than that! You can watch the episode, or listen on your favorite platform: Spotify | Apple Podcast | YouTubeWhat is GameFi?Alex describes GameFi for what it is, a combination of Gaming and De-Fi. What this implies is basicall...

The tool lets anyone analyze data from 17 blockchains without coding [May 25, 2022, Singapore] Recent events in crypto have shown the importance of scrutinizing the fundamentals behind blockchain projects. However, getting clean data about users, transactions, pools, and more is impossible on most chains. With its robust, easy-to-use charting platform, Footprint Analytics plans to make cross-chain analytics accessible to everyone, no matter which chain they want to explore. The Singapore-base...

Apr. 2022, Vincy Data Source: Footprint Analytics — Algorithmic Stablecoin Analysis TerraUSDT (UST) is — though “was” might be better — an algorithmic stablecoin whose stability mechanism stemmed from the promise of a payout with LUNA. Traders mint and burn tokens as needed to ensure the stability of UST out of trust in the Terra blockchain. However, in the last week, the UST’s price crashed, falling below ten cents and completely losing its peg. Before its decoupling from USD, UST was the th...

Choosing the right GameFi project is not easy, and there are 4 things players must research before investing. April 2022, Simon Data Source: Footprint Analytics GameFi in 2022 continues the popularity of last year, with more than 1,400 GameFi projects across 35 chains as of April, according to Footprint Analytics. While the number of users is still far from that of traditional games, the projects have attracted more than 1 million new users in March. GameFi is core to play-to-earn, and as use...