Blockchain gaming is promising many benefits for the gaming industry. The immortal technology is changing the way we live in more ways than one. So, the biggest companies are beginning to adopt it while even governments are now studying how they can leverage it to become more effective. However, there’s a multibillion-dollar industry that’s ripe for disruption. Video Games!

Though blockchain gaming has many benefits for the entire gaming industry, most of all it benefits the players themselves. While all of that is great, the evolution of blockchain gaming hasn’t been so pretty. Several issues that weren’t anticipated have affected the growth of blockchain games. They threaten to stifle the evolution of this important aspect of the blockchain space as a whole. In short, blockchain games have just not lived up to their mainstream cousins so far, but there is hope.

Blockchain Gaming Industry Report: ETH Rocks as EOS and TRX Falling Away

Despite merits, EOS and Tron (TRX) fail to uphold their status in blockchain gaming in 2019. Therefore, Ethereum (ETH) is now leading the field in blockchain gaming. The DappRadar, a DApp data aggregator, claims. The report claims that growth in the Ethereum DApp (decentralized application) ecosystem has been spurred by a wider upward trend in the gaming sector. This is the one thing that EOS and Tron both have benefited less from.

Despite the spike in the user activity, monetization is still an issue – the report states. For this reason, only a few game operators use their own ERC20 tokens while most making use of tradable non-fungible tokens (NFTs). Also, the Ethereum blockchain is a popular means for gaming DApps developers to create NFT marketplaces in the vast majority of cases.

Take the ‘My Crypto Heroes‘ blockchain game for example. The game charges ETH 0.1 (USD 12) to users for a month of VIP prime subscription service. Though the game had a few hundred players in January, the number of active users increased to 3,500 by the end of the year. Thus, it becomes the only DApp in any category to sustain an audience of more than 1,000 daily active wallets.

Good News for Ethereum Blockchain

Besides, there’s more good news for Ethereum blockchain gaming. It remains the only blockchain to date that’s successfully nurtured DApps across four categories:

Decentralized Finance (DeFi)

Exchanges

Games

And lastly, Gambling & High-RIsk

Moreover, the reporting authors claim that the Ethereum DApp ecosystem’s daily active unique wallets rose raise 118% this year, reaching over 19,000 by mid-December. They also comment that DeFi has the smallest user base with the highest value. Exchanges are more widely used with less daily value. On the other hand, games/marketplaces and gambling/high-risk generate insignificant value despite their much higher daily activity.

In comparison, daily activity for EOS DApps rose in the first half of the year. It peaks at 54,000 daily active unique wallets across all DApps in early June. While activity on the EOS DApp ecosystem sustained around 40,000 daily wallets for most of the year, the launch of the EIDOS token meant that it was below 15,000 by December – according to DappRadar.

Meanwhile, the total number of daily active unique wallets interacting with Tron DApps peaked at over 30,000 in April and then dropped to an average of 17,500 by the EOY. But Ethereum enthusiasts may want to heed a few words of warning from the report before celebrating. The authors state that ERC20 tokens rather than Ethereum tokens are responsible for the majority of value being generated on the ethereum blockchain. And the lucrative gambling Dapps market also looks to be out of reach for ethereum at least for the time being.

The reasons for this are slower block times & Ethereum’s business model which involves charing a gas fee for every transition.

Conclusion

Although 2019 failed to live up to commentators’ expectations for Ethereum, the blockchain could claim some degree of accomplishment. It points to the successful deployment of two hard forks and symbolic events such as the “Flippening” as evidence of “its growing maturing as a functional technology”. However, Ethereum will have to face another hard fork in January due to its previous mistake.