Gaming makes up over half of blockchain industry usage, DappRadar

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Gaming makes up over half of blockchain industry usage, DappRadar
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What verticals do you think accounts for the most activity on blockchains?

New data from DappRadar suggests that gaming remains a vital organ to the blockchain industry. According to the report, the gaming sector accounts for approximately 50.51% of industry usage month-over-month , as per August numbers.

While overall the numbers are a good indicator for the sector, it is a decrease from the previous month. Last month, the gaming sector made up approximately 57.30% of industry usage .from DappRadar comes from the daily Unique Active Wallets . According to the surveyor, there are around 847,230 gaming-related UAW active daily with nearly $698 million in transactions.Gaming has long been touted as a gateway to the world of Web3, blockchain, and crypto.

It’s not just GameFi investors that believe in the sector as a proponent for mass adoption. In a panel at , experts said GameFi and crypto naturally go together. Moreover, there was speculation that the majority of games will have an in-game crypto economy within the next few years.

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