Although the Web3 Gaming Cap Fell by 86% From Its Peak in 2022, I Believe That 2024 Will Be a Turning Point for the Blockchain Gaming Industry


There are reasons for optimism. Despite the drop in market value to $4-7 billion, every day 1.2 million unique wallets interact with gaming protocols, generating 15-25 million transactions. This is a colossal potential, I should tell you!



Moreover, positive trends have emerged. Optimism, OP Stack and Starknet are growing in popularity for game development and the TON network is promising. In 2023, 76 new gaming-oriented blockchains will be launched.


Of course, there are also difficulties. Attracting players to Web3 is 77% more expensive than traditional gaming. And only 5% of projects can boast an audience of more than 100 people who come in to play every day.


However, the market potential is enormous. And with the right approach, blockchain games have a bright future.


#GameFi #Metaverse #Web3 #Blockchain #DeFi #Crypto

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