BNB Chain is dedicated to playing a prominent role in the Web3 gaming ecosystem, providing a favorable environment for the development and popularization of decentralized applications (DApps), especially in the gaming field. This report aims to objectively outline the Web3 gaming landscape of BNB Chain, with a focus on quantity growth, diversified game types, user engagement, technological advantages, community vitality, and well-known projects in the ecosystem.
The growth in numbers
The growth in the number of game projects on the BNB Chain gaming ecosystem is significant. In the past few years (from 2021 to 2024), the number of game projects on BNB Chain (including BSC and opBNB) has increased by 99.3% to reach 565.
This expansion highlights the vitality of the BNB Chain gaming ecosystem and its further development and innovation potential. This exponential growth not only indicates a thriving environment but also provides profitable opportunities for developers and investors.
One of the main advantages of the BNB Chain gaming ecosystem is its diversified gaming landscape. Unlike traditional gaming platforms that focus on specific types of games, BNB Chain offers a wide variety of games.
By 2024, BNB Chain will launch more diversified games, ranging from shooting games to RPGs (role-playing games), and even TCGs, to attract more players and increase engagement and user acquisition. By offering games suitable for everyone, BNB Chain positions itself as a versatile and inclusive gaming platform.
In the last 30 days, the top 10 game projects on BSC attracted an average of 33,000 active users. On opBNB, the top 10 game projects attracted an average of 177,000 active users. Additionally, the top 10 game projects on BNB Chain have a total FDV (Fully Diluted Value) of up to $1.6 billion.
High user engagement in Web3 gaming
Web3 gaming players have a high level of engagement on the BNB Chain. Last year, approximately 40% of the 1 million daily active users (DAU) on the platform actively participated in at least one game DApp.
This statistic highlights the platform’s appeal to gamers and emphasizes the importance of gaming in the broader Web3 ecosystem. Monitoring and analyzing player engagement metrics will provide valuable insights for optimizing user experience and driving further growth.
The value proposition of BNB Chain
By integrating BNB Smart Chain (BSC), opBNB, and Greenfield into a unified platform called BNB Chain’s One BNB solution, BNB Chain provides a comprehensive and cost-effective solution for Web3 game developers.
This strategic approach demonstrates BNB Chain’s commitment to providing efficient and convenient infrastructure for the booming Web3 gaming industry, solidifying its prominent position in the industry.
Technological advantages
BNB Chain has several technological advantages that make it an attractive gaming platform. Firstly, the platform offers high speed and low gas fees, making it cost-effective for users to transact and interact with game DApps.
The average transaction fees on BNB Chain are significantly lower than other blockchains, ensuring affordability and accessibility for gamers from diverse backgrounds. Additionally, L2 solutions like opBNB on the BSC chain further enhance user experience with high performance (5K to 10K TPS) and low fees, facilitating widespread adoption in various digital environments.
Vibrant community
The gaming ecosystem of BNB Chain is characterized by its vibrant and engaged community. The average daily active users (DAU) on the BNB Smart Chain is 1.4 million, making it the L1 platform with the highest number of daily active users.
This thriving community not only fosters collaboration and innovation but also contributes to the overall development and sustainability of the platform. By nurturing a strong sense of community, BNB Chain positions itself as the hub for gaming enthusiasts and developers.
Rollup-as-a-Service (RaaS)
The introduction of “Rollup-as-a-Service (RaaS)” on BNB Chain signifies progress in the blockchain field, especially for game DApps. RaaS provides developers with the technical infrastructure needed to deploy their own L2 solutions on the BNB Smart Chain, expanding the scalability and functionality of the platform.
By collaborating with professional service providers, game projects can leverage RaaS to create unique ecosystems tailored to specific user communities, further enhancing the diversity and appeal of the BNB Chain gaming ecosystem.
Web3 gaming pioneers on BNB Chain
Several notable Web3 gaming infrastructure projects have emerged on BNB Chain, each offering users unique experiences and opportunities.
Gaimin stands at the forefront of Web3 gaming infrastructure, at the strategic intersection of Web3, gaming, and distributed cloud computing. With a global gaming audience of over 3 billion, Gaimin’s innovative technological solutions serve as a gateway to the mass adoption of Web3 gaming and blockchain technology. In the first quarter of BNB Chain’s daily active user reward program, Gaimin ranked second, highlighting its popularity and engagement within the community. In the past 30 days, Gaimin has had 88.3k independent active wallets and 405k transactions, demonstrating strong user activity and transaction volume, indicating its strong user base and market appeal.
SkyArk Chronicles is a 3A-level fantasy JRPG game with interoperable NFTs, including two GameFi projects (House of Heroes and Legends Arise) and a SocialFi metaverse (SkyArkVerse). The multiverse, envisioned by Satoshi Nakamoto, consists of fantasy and urban realms where players can own Skylands, Sky Heroes, and Sky Legends. With immersive gameplay and interoperable NFTs, SkyArk Chronicles offers a unique gaming experience that transcends traditional boundaries. The trilogy combines GameFi and SocialFi elements, creating a dynamic ecosystem where players can explore, interact, and possess virtual assets across multiple dimensions.
BinaryX is a Web3 gaming platform that aims to create immersive and captivating gaming experiences such as “AI Heroes” and “Pancake Mayor.” Built on the BSC chain, BinaryX utilizes blockchain and artificial intelligence technologies to provide unique opportunities for over 100,000 players to own in-game assets and participate in decision-making processes. BinaryX’s commitment to innovation is evident in its diverse game portfolio and cutting-edge technology. By launching third-party games through its IGO (Initial Game Offering) platform, BinaryX expands its influence and ecosystem while providing a platform for developers to showcase their work. BinaryX emphasizes community participation and user empowerment, showcasing the potential of Web3 gaming platforms.
Xterio is an educational and entertaining gaming platform and GameFi-as-a-Service (GaaS) solution, serving as a catalyst for Web3 adoption. Supported by top global gaming talents from companies like NetEase, Electronic Arts, and Ubisoft, Xterio aims to revolutionize the gaming industry by offering a seamless transition to Web3 gaming. Xterio’s strategic partnerships and experienced team make it a powerful player in the Web3 gaming space. By leveraging their expertise and network, Xterio provides a comprehensive solution that bridges the gap between traditional gaming and blockchain technology. Xterio focuses on user experience and accessibility, paving the way for mass adoption of Web3 gaming.
COMBO is a provider of Web3 game development and expansion solutions, offering an open-source, decentralized, game-oriented Layer 2 solution. With support from top investors like Binance Labs and NEO Global Capital, COMBO aims to bring over 1 billion gamers to Web3 by connecting developers with the entire ecosystem. COMBO is committed to democratizing Web3 gaming, evident in its open-source approach and strategic partnerships. By leveraging world-class game engines and collaborating with industry leaders, COMBO has created a robust ecosystem that promotes innovation and cooperation. COMBO focuses on scalability and affordability, enabling developers to create immersive gaming experiences on BNB Chain.
Other Web3 gaming projects based on BNB Chain include Ultiverse, World of Dypians, Counter Fire, Arcas Champion, Cellula, StarryNift, Gomble, Anome, Shadow Realms, and Citizen Conflict. From immersive RPG games to platforms that combine gaming and learning, these projects showcase the diversity of gaming experiences on BNB Chain.
In conclusion, the Web3 gaming ecosystem of BNB Chain continues to thrive in terms of quantity growth, diversified game types, user engagement, technological advancements, active community, and well-known projects. With its ongoing expansion and innovation, BNB Chain remains in a favorable position to capitalize on the growing demand for decentralized gaming experiences. BNB Chain aims to become the primary destination for gamers and developers in the Web3 era through fostering collaboration and creativity.