Web3 gaming is fast-changing with the potential for a tripling of daily active users (DAU) in the immediate future. The growth is driven by the incorporation of blockchain technology into gaming, providing players with real ownership of assets in games and alternative monetization options.
Market Dynamics and Growth Potential
Even after a 10% decrease in unique active wallets on a daily basis in April 2025 to 4.8 million, the Web3 gaming industry continues to grow and gain investment. Experts perceive the decline as a natural market adjustment, which paves the way for steady growth.
Robbie Ferguson, co-founder of Immutable, highlights the vast potential of Web3 gaming by comparing it to traditional gaming platforms. For instance, Steam boasts approximately 69 million daily active users, generating $10.8 billion in revenue in 2024. If Web3 gaming captures even a fraction of this user base, the impact on the crypto ecosystem could be substantial.
CSGO2 skins just hit a $5 billion marketcap for the first time
— Robbie Ferguson | Immutable (@0xferg) May 8, 2025
this is what happens when you build real economies around games with real demand
imagine what happens when these users realise its safer + cheaper + faster to keep their assets onchain pic.twitter.com/OwgYxomm6P
Promising Web3 Gaming Projects
Several projects are at the forefront of this anticipated growth:
- Immutable (IMX): An Ethereum-based Layer 2 scaling solution for NFTs, Immutable provides zero gas costs and confirmation of trades in seconds, of specific interest to game developers and players.
- Gala Games (GALA): With a focus on player-owned economies, Gala Games offers a platform for game developers to build blockchain games in which players are in control of their assets in the game.
- Axie Infinity (AXS): Axie Infinity, though facing setbacks, continues to be a leader in the play-to-earn model, constantly evolving its ecosystem to maintain and increase its user base.
- The Sandbox (SAND): In its virtual world, gamers can create, own, and sell their gaming experiences, creating a strong creator economy.
- Enjin (ENJ): As a platform offering an ecosystem to support NFT integration into games, Enjin enables developers to build blockchain gaming products.
Investors interested in tapping into the growth of Web3 gaming should look at these projects because they have merged new technology with robust community involvement.
Also read: Lido Initiates Emergency DAO Vote Following Oracle Key Compromise
