With the continuous development and maturation of blockchain technology, the current situation and development trend of Web3 games have become a focus of attention both inside and outside the industry. Since 2022, the Web3 gaming sector has experienced market fluctuations and challenges, but it has also witnessed the vigorous development and innovation in the field of blockchain games.

According to relevant data, after the initial market value decline, the GameFi market has seen a new round of explosive growth in active users. Behind this phenomenon is the influx of a large amount of capital and new players, as well as developers' continuous exploration and practice of innovative models for Web3 games. At the same time, over 65% of Web3 game projects are still in the development stage, indicating that there are more innovative works waiting to be launched in the future blockchain gaming sector.

This article aims to explore the current status of Web3 games, the financing dynamics of blockchain games, as well as important events such as the collaboration between "MapleStory Universe" and Avalanche, and the establishment of the Starknet Gaming Committee, in order to provide a comprehensive perspective on whether expanding the blockchain gaming sector has become a new trend for public chains.

1. The heat of investment and financing in the blockchain gaming sector has surged since the beginning of 2024:

Since the beginning of 2024, the blockchain gaming industry has ushered in a spring of financing. According to data from RootData, more than 20 blockchain gaming projects have successfully raised funds since the beginning of the year, with a total amount exceeding $100 million. The successful financing of projects such as Monkey Tilt, SkyArk Chronicles, and Overworld demonstrates the attractiveness and development potential of different types of blockchain games in the market. Investment is no longer dominated by traditional blockchain game investors, as many well-known investment institutions such as Binance Labs, Foresight Ventures, and Hack VC have also started to participate.

2. South Korean gaming giant Nexon collaborates with Avalanche to launch the Web3 version of "MapleStory Universe":

In a major collaboration in the field of blockchain games, South Korean gaming giant Nexon Group announced a partnership with Avalanche to launch the Web3 version of its iconic game "MapleStory" called "MapleStory Universe." This collaboration is not only an important step for Nexon to enter the blockchain gaming sector, but also demonstrates Avalanche's strong capability in supporting high-performance blockchain games.

"MapleStory Universe" plans to create an NFT-centric gaming ecosystem using Avalanche's unique subnet technology, allowing players to explore, build, and trade on a decentralized platform, which is expected to bring a new and unique gaming experience to "MapleStory" fans. This collaboration signifies the deep integration of traditional games and blockchain technology, opening up new paths for innovation and development in the entire gaming industry.

3. Starknet establishes a gaming committee and seeks more game developers to join:

To accelerate the expansion and innovation of the gaming ecosystem, Starknet announced the establishment of a dedicated gaming committee. The committee brings together six experts from different fields, whose main responsibility is to analyze current gaming ecosystem trends, plan and recommend strategic initiatives, aiming to attract more game developers to join the Starknet platform and further promote diversification and development in the gaming sector of the platform.

The establishment of the committee signifies Starknet's emphasis and investment in building a healthy and active blockchain gaming ecosystem, and is expected to drive rapid growth and optimization of the Starknet gaming ecosystem through specific strategies and measures, providing players with a more diverse and high-quality gaming experience.

4. From PIXEL to PORTAL, an overview of the most popular and promising blockchain gaming projects:

Pixels (PIXEL): As a Web3 gaming platform that integrates social, casual, and open-world elements, the launch of Pixels has attracted widespread attention in the market, showcasing the vitality and innovation potential of the Web3 gaming sector.

Portal (PORTAL): Positioned as a cross-chain gaming platform, Portal aims to simplify the process for players to enter the Web3 gaming world. The successful strategic financing further demonstrates the market's high expectations for cross-chain gaming platforms.

Matr1X (FIRE): As the first mobile shooting game under the Web3 entertainment platform Matr1X, the financing and market performance of Matr1X FIRE demonstrate the attractiveness and development potential of shooting games in the Web3 domain.

In terms of market distribution and information aggregation, the Web3 gaming sector still lags behind Web2. However, with the emergence of platforms such as GAM3S.GG, new solutions for distributing blockchain games and helping players discover high-quality games have been provided. GAM3S.GG is becoming an important bridge connecting game developers and a large number of players by providing rich game content, convenient game access, and community interaction features.

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