4th Research Round-up Q1 2023

Our 4th Research Round-up just arrived ??

?? TVL in #DeFi increased ??

?? Investment in #blockchain gaming is heating up ??

?? Q1 2023 #Gaming Industry Report

?? State of #Crypto Report

?? #Web2 games are coming to #Polygon Gaming Ecosystem

Let's dive into the article ??

1?? "NFT Marketplace War Doubles Trading Volume in First Quarter" by DappRadar

?? TVL in #DeFi increased by 37% compared to the previous quarter and reached $83.3B in Q1 2023.

?? In Q1 2023, #NFT trading volume rose by 137% to $4.7B, the highest % rise since Q2 2022.

(Reference: https://dappradar.com/blog/dappradar-dapp-industry-report-q1-2023-defi-nft-crypto)

2??“State of Blockchain Gaming in Q1 2023” by DappRadar

?? Blockchain gaming increased its dominance in UAW by rising from 42.87% to 45.60% in Q1 2023.

?? $739M investment was raised by #web3 gaming projects which is a 12.95% increase from Q4 2022. Only March accounts for $434M.

(Reference: https://dappradar.com/blog/state-of-blockchain-gaming-in-q1-2023)

3??"Q1 2023 Gaming Industry Report" by Konvoy

?? The global #gaming industry was valued at $184 billion in 2022 and is expected to grow to $201 billion in 2023.

?? Both Asia (43) and North America (42) secured a comparable number of #VC deals in Q1 2023.

(Reference: https://www.konvoy.vc/reports-pdf/konvoy-gaming-industry-report-q1-2023?xYanOv=aVXJxVpSmCx0dNaGUp5n9&slOger=subscribed)

4??“2023 State of #Crypto Report: Introducing the State of Crypto Index” by a16z crypto

?? Scaling advancements boost #blockchain transactions.

?? A booming market draws in fresh developers who generally tend to stay involved.

?? Web3 games entice crypto newcomers.

5??“State of Polygon Gaming Ecosystem” (Feat. @Xangle Analytics)

?? Participation of Web2 game companies may spur #Web3 gaming.

?? Web2 games are coming to Polygon. It is set to boost the network's games market.

(Reference: https://xangle.io/en/research/detail/1134)

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