Despite one of the worst possible events happening in November—the complete collapse of the world’s largest crypto company—the GameFi market did not fall significantly compared to October.
This may indicate that the market, barring a systemic collapse, has reached a limit of its downside risk.
Nevertheless, decreasing investment in space continued, with the amount of investment and the number of funds reaching a historic low.
Amid the downturn, Polygon has performed relatively well as a gaming chain, with several large titles gaining users in November.
Overall, November was a relatively uneventful month for GameFi, especially considering what happened in the CEX sector.
Crypto Macro Overview
At the end of November, the F&G index closed higher than at the end of October.
The FTX collapse stopped the F&G index recovery, causing it to fall from 40 to 20.
Hitting $1,091 on Nov. 9th, Ethereum was close to dropping beneath the thousand-dollar mark but did not.
ETH
We współpracy z: https://cryptoslate.com/november-2022-gamefi-report/
