The GameFi sector remains a leading force in the blockchain and crypto space despite the ongoing downturn in the crypto market. Recent numbers from DappRadar revealed<\/a> that Web3 games and Metaverse projects raised $748 million in funds last month. This was up 135% from July but is still a decline of 16% compared with June.<\/p>\n Blockchain gaming collected $3.1 billion in investment last quarter; so far in 2022, it has added $6.9 billion in funds. This year’s forecast seems to indicate that investments could reach $10.2 billion \u2014 an increase of 20% over the $4 billion of 2021. The figures suggest that investors remain bullish on GameFi, despite uncertain market conditions.<\/p>\n “Looking at the whole picture, we observed that 38% of the investments goes to infrastructure, 33% to games and metaverse projects, and 27% to investment firms,” the report stated.<\/p>\n More than 50% of the industry’s usage is still in blockchain games<\/a>, despite an 11% decline from last month, to an average of 847,000 daily Unique Active Wallets (UAW).<\/p>\n On the nonfungible token, or NFT, side, the total trading volume related to games increased by 13.25% in August, and sales jumped by 83.36% to over 1.3 million nonfungible tokens traded. A recent ChainPlay Survey found that 75% of GameFi investors<\/a> joined the crypto space solely for games projects, and 81% are prioritizing positive in-game experiences above profit-making.<\/p>\n Metaverse projects’ sales rose 38.62% month-to-month to 19,354, while trading fell 28.90% to $22 million. Among the protocols, Ethereum’s trading volume fell 14.40% in August, bringing it to $11 million. Meanwhile, Solana’s increased 171% to $1.7 million, and Ronin’s increased 27.64% to $8.2 million in total trading volume. <\/p>\n<\/div>\n![](\"https:\/\/s3.cointelegraph.com\/uploads\/2022-09\/dcb9016d-aa24-41c1-8f67-db96f29fd274.png\")
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