Over the past year, games brought the most active users and on-chain trading volume to the crypto industry. Even in the current bear market, the blockchain game remains one of the most dynamic segments among various Dapps.

| October Report October was a markedly uninteresting month with the volume of GameFi transactions and MAU moving sideways.

Leading institutions back Asia Blockchain Gaming Alliance (ABGA) in the gaming and blockchain community. We are optimistic about the developments in blockchain games, NFTs, and the Metaverse, and we are taking the initiative to support ABGA-related activities and investments.

After a late-summer rally, the crypto markets pulled back in September, bringing many metrics related to the health of the GameFi industry down with it.

Leading institutions back Asia Blockchain Gaming Alliance (ABGA) in the gaming and blockchain community. We are optimistic about the developments in blockchain games, NFTs, and the Metaverse, and we are taking the initiative to support ABGA-related activities and investments.

While the number of new users entering GameFi has dropped precipitously, the average number of transactions per user is increasing steadily. Therefore, with the users in the market today more likely to be actively gaming, GameFi data from August can help us understand which projects and ecosystems are sustainable in the long run.

BKEX Labs created a $100 million US venture capital fund as part of its global incubation plan. The initial stage of the official M station website has been completed.