The Web3 gaming awards occasion, the GAM3 Awards, hosted by Polkastarter Gaming, has announced 16 winners at a live event on December 15. 

According to an announcement shared with Cointelegraph, prize winners will share over $1M worth of prizes sponsored by companies such as Immutable X, Blockchain Game Alliance, Machinations, Ultra, Naavik, Galxe, Hacken, Venly, HackenProof, Shorooq, Elixir, Arcade, and MetaCon.

Video games had been judged based mostly on a spread of standards; reminiscent of core loop, graphics, accessibility, replayability issue, enjoyable parts, and general taking part in expertise. Though the main focus was on playability, eligibility for awards largely trusted whether or not the nominated video games utilized blockchain expertise, in some type. 

A world jury made up of gaming, media and web3 shops was chargeable for choosing the nominees. 

Award winners included; ‘Massive Time’ which gained each Sport of the 12 months and Finest Journey Sport. ‘Shrapnel’, which was awarded the Most Anticipated Sport, ‘Star Atlas’ which gained for the Finest Graphics class, and ‘Thetan Enviornment’ which was awarded the Finest Cell Sport. The winners for different classes included; Blankos Block Celebration, Illuvium, Superior, MetalCore, Gods Unchained, EV.io, Brycent, League of Kingdoms and The Harvest.

Associated: Players are extra eager about incomes Bitcoin than NFTs: Survey

Regardless of the sudden implosion of FTX and its cascading results on your entire web3 ecosystem, the blockchain gaming area of interest nonetheless seems to be thriving.

In response to analytics service DappRadar,  “In October and November, gaming exercise accounted for nearly half of all blockchain exercise” tracked throughout 50 networks, “with 800,875 day by day Distinctive Lively Wallets (UAW) interacting with video games’ good contracts in November.”

The report additionally revealed that blockchain video games raised over $320 million in November, indicating pleasure and potential development of the web3 gaming trade.