top of page

Blockchain gaming activity experiences 2,000% year-on-year growth

Edition #14 - 22 APR 2022

Gaming dApps continue their ongoing developments whilst the metaverse keeps flashing as one of the most exciting opportunities in the blockchain industry. VCs and other investors keep pouring capital into blockchain games, surpassing $2.5 billion in investments in Q1 2022.

Check out the full DappRadar’s Q1 Blockchain Gaming report here.

gaming developments

metaverses & Adoption

  • Canadian startup NTRY is using its metaverse platform to show property buyers through properties that are still just plans in an architect’s office – potential buyers are able to walk into the property and surrounding areas to get a real-life sense of the space and the views;

  • Latest search engine data and exchange volumes shows retail interest in crypto declining as investors search for the next big price mover;

  • Property prices around El Salvador’s “Bitcoin City” development are heating up – investors are offering hefty premiums for land surrounding Conchagua;

  • Russia is set to experiment with digital Ruble payments this year;

  • Goldman Sachs aims to collaborate with FTX ahead of potential public listing;

  • Chinese man uses Digital Yuan token to pay court-issued fine in a first for the legal field.

zen portfolio highlight

This week we highlight our portfolio company CannaDAO – the Bloomberg Terminal of Cannabis industry.

CannaDAO aims to become a one-stop-shop for cannabis development on the blockchain - a platform for anyone to invest in real cannabis growth operations and digital assets, along with procuring market pricing, trends, news and other information relevant to the industry.

Learn more about CannaDAO, its exciting developments and the upcoming public launch on Twitter and Discord.


  • Growth in institutional transactions push Total Value Locked in DeFi to $239 billion;

  • Leading derivatives trading exchange dYdX plans to completely decentralize by end of 2022 – “no central party (including dYdX Trading inc, the holding company) will have the ability to receive trading fees on dYdX”;

  • Beanstalk Farms, a stablecoin protocol, loses more than $180 million in fourth largest DeFi hack in history;

  • Cardano (ADA) is set strengthen its ecosystem by integrating USDC and Tether (USDT).

funding rounds

  • Spruce, a provider of decentralized intentity and data control solutions, has raised $34 million in Series A funding at undisclosed valuation. The round was lead by a16z and included Ethereal Ventures, Electric Capital and Y Combinator

  • CoinDCX, India’s largest crypto exchange, has completed its $135.9 million Series D this week, valuing the business at $2.15 billion, in a round lead by Pantera Capital and Steadview Capital.

  • BlockApps, a blockchain infrastructure company, raised $41 million in Series B funding this week, led by Liberty City Ventures and including Morgan Creek Digital, Eidetic Ventures and Givic.


Subscribe to Weekly Essentials

Recent Posts

See All

Why VCs Want Decentralized AI

Edition #110 - 13 JUL 2024 The world's top VCs are betting on Crypto x AI. gaming developments ​​​​New developments in GameFi: Play-to-Airdrop and prediction markets. Web3 gaming platform Xoob raised

PayPal heats up Solana Summer

Edition #109 - 10 JUN 2024 At Consensus 2024, PayPal announced that PayPal USD (PYUSD) is now available on the Solana blockchain, making PayPal's stablecoin faster and cheaper to use. The availability

SEC approves 8 spot Ethereum ETFs

Edition #108 - 25 MAY 2024 The U.S. Securities and Exchange Commission approved eight spot Ethereum ETFs in an ominbus order, confirming a last-minute scramble to get them through. The SEC approved 19


Ready Player DAO
bottom of page