A Dapprader report suggests 2022 will see more growth for the crypto games nice. This report reveals that
$2.5 billion in investment was raised in Q1 alone in 2022. Furthermore, developers could see this figure
balloon to $10 billion by the end of the year. Compared to previous years these numbers are really high
and suggest that the nice has become a key sector for current investors. According to the report,
blockchain gaming activity has grown. Nevertheless the trading volume in metaverse project has since the
announcement of Facebook’s rebranding declined 12% to 430 million dollar in Q1 this year. Finally, the
report highlighted the effects of the $622 million Ronin hack, an attack that depleted money from the
Ethereum sidechain treasury of open-world blockchain game Axie Infinity and its developer Sky Mavis. There
is a general decline in activity and NFT trading volume on Axie is attributed to changes to SLP token
issuance made by Sky Mavis to make Axie’s economy sustainable.