The gaming big seems to be undeterred by the latest downturn within the blockchain gaming sector, which declined 28% in June.
Video gaming big Atari is constant to experiment with blockchain expertise by launching its traditional arcade video games on Base, the Ethereum Layer 2 community developed by Coinbase.
Atari has partnered with Coinbase to develop an “Onchain Arcade.” The collaboration additionally consists of Stack, a Bitcoin Layer 2 scaling resolution.
Players can mint, play, and compete for leaderboard positions within the traditional recreation Asteroids. Rewards embody the Atari 2600+, merchandise, and recreation codes. The leaderboard will reset each week, however the prime rating will stay till the competitors concludes on August 30.
In keeping with Atari’s web site, it plans to roll out extra on-chain video games quickly.
Based within the early Nineteen Seventies, Atari pioneered arcade video games like Pong, Asteroids, and Breakout. These video games made Atari a staple in gaming tradition for many years.
Illuvium to Ship Three New Video games
Gaming studio Illuvium is ready to launch three interconnected video games on July 25. The upcoming titles — Illuvium: Overworld, Illuvium: Area, and Illuvium: Zero — kind half of a bigger ecosystem.
Inside this ecosystem, in-game progress and objects could be transferred throughout completely different video games. Each asset captured or crafted can be owned by gamers on the Ethereum blockchain.
Based 4 years in the past, Illuvium raised $100 million in funding. Nevertheless, its ILV token was battered by the bear market and stays down greater than 95% from its 2021 peak.
Web3 Gaming Sector Declines In June
In June, the blockchain gaming sector felt the ripple results of the broader crypto market downturn.
In keeping with Footprint Analytics, Bitcoin and Ether dipped by 7.3% and 9.8% respectively in June, which had a notable affect on gaming tokens, with the sector plunging by 28% from $27.2 billion to $19.6 billion.
After migrating to the Ronin community, Web3 recreation Pixels confronted a pointy 74% drop in each day lively customers (DAUs) to 251.6K on June 19 from 976.1K on June 11.
In the meantime, network-specific metrics additionally paint a sobering image. Ronin and Polygon, which had been the main chains by DAUs, witnessed notable declines.
Ronin’s share of DAUs fell to 18.4% from 29.8% by the tip of June, closely influenced by the drop in Pixels’ consumer engagement. Equally, Polygon’s DAU share dropped to eight.0% from 15.1% as a consequence of a downturn in Matr1x FIRE’s consumer exercise.
