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

According to an announcement shared with Cointelegraph, prize winners will share over $1 million in 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 have been judged primarily based on a spread of standards, akin to core loop, graphics, accessibility, replayability issue, enjoyable components, and total enjoying expertise. Though the main target was on playability, eligibility for awards largely trusted whether or not the nominated video games used blockchain expertise in some type. 

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

Award winners included Huge Time, which gained each Sport of the Yr and Finest Journey Sport; Shrapnel, which was awarded the Most Anticipated Sport; Star Atlas, which gained the Finest Graphics class, and Thetan Area, which was named the Finest Cellular Sport. The winners for different classes included Blankos Block Get together, Illuvium, Superior, MetalCore, Gods Unchained, EV.io, Brycent, League of Kingdoms and The Harvest.

Associated: Avid gamers are extra excited about incomes Bitcoin than NFTs: Survey

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

In keeping with analytics service DappRadar, “In October and November, gaming exercise accounted for nearly half of all blockchain exercise” tracked throughout 50 networks, “with 800,875 each day Distinctive Energetic 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 progress of the Web3 gaming trade.