Casual Gamefi Is The Hot New Trend, See How Game Space Is Turning Around The Web3 Mini-Game Matrix

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2022 was the most important year for GameFi's development. The innovation from Play-to-Earn to X-to-Earn model, together with the influx of capital raising and users rushing into Web3 has forged the glory of Web3 Gaming. It's inevitable to say that when the bear market arrived, the GameFi sector also was affected on some level. Nevertheless, the Web3 gaming market continues to be one of the fastest growing segments of Web3, with an average number reaching up to 800,000 active unique wallets per day in some periods.

Recently, Game Space has teamed up with Spinterlands, ImmutableX and Big Time to hold one of the largest Web3 gaming tournaments – the Player One Tournament to bring up the hype of GameFi. The tournament has created mass buzz for the GameFi sector, with  200K+ Twitter engagements and more than 20K+ on chain gamers participating in the 10-day tournament. On top of that, Sky Vee, a streamer with over 1.3M+ fanbase has also joined the tournament to compete and battle for the ultimate prize pool.

We can see that the love and passion of loyal Web3 gamers are still active in the market, but after Axie Infinity as the representative GameFi V1.0 has faded out from the audience's eyes, the industry has become quiet and people have high expectations for AAA GameFi projects entering the scene.  Many of the top AAA Web2 games including Zynga and Ubisoft have once said to enter Web3 but still haven't taken any moves, this then leads to the question of why AAA games rarely can make it to Web3?

Michael Cameron, CEO of Game Space previously has helped with incubating one of the industry’s first AAA MMORPG Web3 game Bless