The Web3 gaming sector's evolution from play-to-earn to play-and-earn focuses on engaging gameplay and sustainability, addressing the economic impact on developing areas.
Since 2023, Web3 gaming's player base has drastically declined, from 6.03 million to around 1 million monthly active users, showcasing significant market contraction.
Current stats indicate only 1,970 gaming addresses are active, with just 14 hardcore players. This highlights a small core group of highly engaged users.
Polygon dominates the active gaming smart contracts landscape, leading with about 12,400 contracts, while BNB Chain, Ethereum, and Avalanche trail with far fewer.
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