Though the FTX saga is far from complete, we seem to be past the main fallout stages. The markets have recovered slightly, and web3 NFT and gaming development still marches onward. Let’s take a look at some of the top news stories and stats from the week in the play to earn space.
Unfortunately, some developers felt the crunch more than others. Star Atlas in particular, who apparently had about 50% of their operating funds on FTX, which are now locked for who knows how long! To try and raise some extra cash, Star Atlas is in the process of holding four sales for discounted ships, including sales for three Titan class ships, priced at a cool one million dollars each!
In other news we see new demos from Everseed and Human Park, new releases from Moonville Farms, Blankos Block Party, and Pixels, as well as numerous updates, sneak peaks and upcoming alphas!
Read on for a look at the most active web3 games and NFT projects for the week. And be sure to keep an eye on our website and Twitter feed for the latest developments in the web3 gaming space!
Top play-to-earn games by active users
| Game | Active Users 7 days | Change |
| 1. Alien Worlds | 281.55k | -17.15% |
| 2. Splinterlands | 239.87k | -7.04% |
| 3. Benji Bananas | 216.02k | +149.26% |
| 4. Farmers World | 86.57k | +0.32% |
| 5. Upland | 80.23k | -1.51% |
| 6. Tiny World | 52.19k | +61.97% |
| 7. Planet IX | 48.51k | +40.40% |
| 8. Trickshot Blitz | 48.13k | -19.39% |
| 9. Era7: Game of Truth | 43.32k | +0.78% |
| 10. Axie Infinity | 40.76k | -9.28% |
Our top two games in terms of player activity, Alien Worlds and Splinterlands, both lost more users this week, but still kept their top spots on the chart. The same can’t be said for Trickshot Blitz and Axie Infinity, both of which are in danger of dropping from the top 10 altogether!
Meanwhile, Benji Bananas, a play to earn mobile game, saw a huge spike in active users, possibly due to the recent addition of free to play tournaments. Even if they don’t manage to retain all of those new players, their active user numbers are big enough to likely keep them in the top three next week.
Tiny World and Planet IX also saw a large boost in players over this past week.
Top 10 NFT collections by volume traded
| Collection | Volume traded 7 days | Volume Change |
| 1. Bored Ape Yacht Club | $10.88M | +7.63% |
| 2. Mutant Ape Yacht Club | $4.69M | -3.83% |
| 3. CryptoPunks | $4.36M | -6.46% |
| 4. Valhalla | $4.35M | +100% (new) |
| 5. Gods Unchained | $3.98M | +22.71% |
| 6. Cel Mates Crime Reports | $2.54M | +100% (new) |
| 7. Otherdeed for Otherside | $2.43M | -45.23% |
| 8. y00ts | $2.07M | -43.73% |
| 9. DeGods | $1.73M | +5.36% |
| 10. Art Blocks | $1.72M | -29.27% |
The top three NFT projects by trading volume retained their spots this week. Bored Ape Yacht Club is back on top by a large margin and probably won’t give it up unless we have another flash in the pan project that sees an insane amount of trading volume.
And, as predicted, Gods Unchained saw a significant boost from the completion of their cosmetics migration, allowing players to trade board decorations and other items.
There was plenty of volatility in the top 10, with two projects losing over 40% of their weekly volume and two new projects leapfrogging into the charts. Both Valhalla and Cel Mates Crime Reports had their initial mints this week. Its kind of crazy to see this much volume on the NFTs when neither collection has even been revealed yet!
Even with the recent market decline, speculation on new projects seems to still be strong for the projects that can generate enough hype. But as we see with Art Blocks and y00ts, hype doesn’t always turn into long-term value. Will our new projects in the top 10 manage to hold on to their spots once the honeymoon period ends?
