Footprint Analytics

Footprint Analytics, a leading blockchain data solutions provider, has announced a strategic partnership with Core Chain, a revolutionary Bitcoin-powered, EVM-compatible Layer 1 blockchain. The collaboration is set to transform the blockchain landscape by integrating Footprint Analytics’ cutting-edge data solutions with Core Chain’s robust blockchain infrastructure. Core Chain stands at the forefront of blockchain innovation as a Bitcoin-powered Layer 1 blockchain, distinguished by its EVM co...

July 2024, Stella L (stella@footprint.network) *Data Source: *GameFi Research Page In June 2024, the crypto market experienced a notable pullback, with Bitcoin declining by 7.3% and Ether by 9.8%. This downturn impacted the blockchain gaming sector, which saw the market cap of game tokens drop by 28.1%. Despite this, daily transactions in blockchain games increased by 8.0%, but daily active users (DAUs) fell by 8.8% to 3.0 million. Major developments included discussions on the future of Web3...

*June 2024, *stella@footprint.network *Data Source: *GameFi Research Page In May 2024, Ethereum’s performance boosted by the SEC’s approval of the initial filings for spot Ethereum ETFs. The total market cap of blockchain game tokens closed at $20.1 billion, an increase of 6.7%. Despite these gains, the industry faced intriguing shifts in user engagement, with daily active users hitting new highs, even as transactions declined. Additionally, the rising popularity of mini-games and game bots i...

Exploring Core Chain and Its Core Competency May 2024, stella@footprint.network Data Source: Core Chain Dashboard As Bitcoin enters a new era of programmability, innovations such as Ordinal Theory and BitVM have sparked significant developments in the ecosystem, leading to what is being referred to as the “Bitcoin L2 Season.” This wave of innovation has highlighted the demand for additional functionality and the feasibility of expressive, trust-minimized solutions across the Bitcoin network. ...

Pebble is revolutionizing the gaming landscape by merging traditional gaming fun with the benefits of blockchain technology. As a Web3 gaming platform, Pebble focuses on delivering high-quality, enjoyable games complemented by robust and user-friendly Web3 services. Backed by NHN Corporation, Korea’s leading online game developer and publisher with over 20 years of success in creating vibrant gaming communities and economies, Pebble is poised to set new standards in blockchain gaming. Choosin...

We are thrilled to announce the conclusion of our exciting 2024 Optimism Hackathon. This event has seen unprecedented engagement from our community, with 125 innovative projects submitted by talented participants in the GameFi, AI, and data sectors. These projects demonstrated exceptional creativity and commitment, and have contributed significantly to the enhancement of the Optimism Ecosystem.Celebrating the Victors of the 2024 Optimism HackathonThe competition was fierce, but six projects s...

April 2024 Web3 Gaming Update: Record Active Users Amidst Market Downturns *May 2024, *stella@footprint.network *Data Source: *GameFi Research Page on Footprint Analytics In April 2024, the Web3 gaming sector experienced a noticeable shift after a record-breaking March. Bitcoin saw a drawdown from its all-time high, closing the month down 10.4%. At the same time, the market cap of blockchain game tokens fell by 30.5%. In contrast, daily active users (wallets) rose to an all-time high of 3.0 m...

Footprint AnalyticsFootprint Analytics is excited to announce its strategic partnership with GalaChain, Gala’s state-of-the-art Layer 1 blockchain. This collaboration marks a groundbreaking step towards revolutionizing the blockchain ecosystem across various industries, including gaming, entertainment, and finance. GalaChain is engineered to meet the expansive needs of enterprise-level projects, offering near real-time settlement, low gas fees, and sub-second latency. This ensures not only fa...

March 2024 Public Chain Report *March 2024, *stella@footprint.network *Data Source: *Public Chain Research — Footprint Analytics The crypto market in March was robust. Bitcoin hit a new all-time high. Ether has increased steadily, and Dencun Upgrade has significantly reduced transaction costs. The Solana meme craze has resulted in the rapid accumulation of wealth and enthusiasm, influencing others like Base to see big jumps in their value. AI tokens, meme coins, and TON were essential element...

*April 2024, *stella@footprint.network *Data Source: *GameFi Research — Footprint Analytics In March 2024, with Bitcoin hitting new records and overcoming a mid-month dip, the rest of the crypto market also seemed poised for a favorable shift in the economy. Game Developer Conference 2024 was another critical factor, contributing to a 24.1% increase in blockchain game tokens’ market cap and a 17.5% increase in daily active users. Industry giants and public chains are investing in nurturing th...

Footprint AnalyticsMay 2024 Public Chain Report: Regulatory Shifts and Market Trends*June2024, *stella@footprint.network *Data Source: *Public Chain Research Page May saw significant regulatory and political developments impacting the crypto market. The U.S. SEC’s approval of initial filings for spot Ethereum ETFs boosted the performance of Ethereum and its Layer 2 solutions. The Trump campaign’s announcement to accept cryptocurrency donations suggested potential market impacts from the upcom...

What is Ronin Network?Ronin Network is an EVM (Ethereum Virtual Machine)-compatible blockchain forged for gaming. It powers two of Web3’s top games: Axie Infinity and Pixels. Ronin aims to become the full-stack infrastructure that enables the success of blockchain games.Key TakeawaysRonin is an EVM-compatible Layer 1 blockchain forged for gaming. The Ronin team, Sky Mavis, is one of the few teams with real experience in driving mass adoption.Initially utilizing a Proof of Authority (PoA) cons...