I respect @risingstargame team for all the continuous improvements they have been making for the game. The did not receive any DHF funding and the game was not even made primarily as a way to make money. You can try the game with Keychain login. Many amazing projects have come to existence from people trying to build things to keep them sane and occupied on something. I believe games will be very important to bring and keep people using blockchains.

2 days ago I wrote about why DAPPs should not look like DAPPs and games are a type of DAPP that halfway fit the definition. DeFi projects such as $CUB and $POLYCUB are more niche projects that will only pique the interest of a small number of investors. Games may not necessarily bring the wealth. What it can build is user activity.

State of Blockchain Gaming in Q3 2023

• Blockchain gaming activity in Q3 2023 had an average of 786,766 daily Unique Active Wallets, an increase of 12% from the previous quarter.
• Alien Worlds sustains its position as Q3 2023’s most-played Web3 game in terms of wallets interacting with the blockchain, commanding over 60% of WAX’s activity.
• Axie Infinity and Gods Unchained lead the pack in Web3 gaming transaction volume, having a volume of $90 million and $55 million, respectively.
• Virtual worlds dapps hit an all-time trading volume this quarter totaling $13 million with 28,000 land sales.
• Q3 2023 saw Web3 gaming projects secure $600 million, pushing 2023 total investments to $2.3 billion

HIVE Has Room to Grow

Most of the HIVE gaming activity is coming from @splinterlands and the statistics are not accurately counted. Projects like DappRadar do not take effort to understand the unique quirks of HIVE and HIVE-Engine and I don't expect much to change even with @vsc.network. What would make a difference is HIVE being more popular and among Top 50 cryptocurrency by marketcap. When HIVE starts growing it could lead to exponential growth. Until that happen, we have to take the build it slow and steady approach.

Rave Rewards Are Growing

As a bootstrapped project, @risingstargame rewards need to come from the developer pockets or through sustainable revenue sources. If rewards keep increasing every few weeks while the game see new developments, that means the project is holding up well. All of this was accomplieshed in a bear market and only now we seem ourselves at the brink of a bull market.

Long Streak of Green Rave Ends

At one time Green Rave won seven consecutive Raves. When I checked the Raves it looked like everyone was betting on Green to the point of becoming a trend. I tried sending my Cards to other Raves to attempt to brake the trend. Few times I participated in the trend. Today I deiced to go with the currently winning team primarily because it is not the Green Rave.

Collective action is a powerful thing. The mob was forming for Green because of few strong wins. The game was almost becoming uneventful because of it. It is great to see the trend break up few times. HIVE users should not act like sheep. We need to be ready to break the unnecessary trends. I don't think the trend of Green winning more Raves has ended. It remains to be one of the stronger teams.

Building STARBITS Collection

I intend to build my STARBITS balance to 1 million before I start focusing on STARPRO. I want to power the growth through gameplay. I am not in a state where I can make many investments in cryptocurrency. 99% of my portfolio is not liquid and I am planning for the long term. I earn by playing games and I keep the cryptocurrency around for a market peak.

I remember when 10,000 STARBITS could be used to buy Booster Packs that were sold for 5 HIVE. It was a discount that could kept buying pressure on STARBITS. The pricing remains the same. The difference is that paying with HIVE now looks like economic suicide. It does not make sense to buy Booster Packs with anything but STARBITS. There is no more room for speculation that STARBITS price will get close to 0.0005 HIVE. That will take a miracle event to return to.

Considering how much insanity we have seen in cryptosphere, miracles are not beyond possibility. Meme coins and NFTs that does nothing utilitarian receive high valuations through hype and speculation. That is not something to look forward to as hype is a house of cards.

The most important thin to note about recent market activity is that good times seems to be back. Be careful of sell the news type of events. Trade safely and make sure not to get addicted to your games. There are better things to obsess over that video games. But in the topic of multiplayer games, Web 3 is easily the best thing to obsess over.

Happy Gaming! Happy Investing!

Posted Using InLeo Alpha