The Binance Blockchain Ecosystem,Bnb Chain,Dominates WEB3 Gaming for the Third Quarter

In a report released on October 20, Binance, the world’s largest cryptocurrency exchange, revealed that its native blockchain ecosystem dominated the blockchain gaming industry in the third quarter of 2022. The “State of Crypto Q3” report has delved into the crypto ecosystem and DeFi over the past three months, which has been bearish and rather flat in activity. Its GameFi data was interesting as the BNB chain dominates the industry with a 36.6% market share according to Binance. “The BNB chain has the most chain-based games,” the report said. The second largest networks for Web3 games were Ethereum with 20.2% and Polygon with 11.8%.Among them, the three blockchain ecosystems account for nearly 70% of the GameFi market. Solana is the fourth largest platform in terms of web3 games with a market share of 6.9%, the report said.

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