During the COVID-19 pandemic, the global technological landscape saw significant changes. The modes of entertainment have spread their wings into virtual space, allowing them to reach previously untapped regions. Gaming, among other things, is one of the most engaging activities that has piqued people’s attention, excitement, and passion. The world of gaming has succeeded to entice people of all ages and social backgrounds thanks to easy accessibility and a massive community.
The gaming market was worth USD 198.40 billion in 2021, and it’s predicted to grow to USD 339.95 billion by 2027, with a CAGR of 8.94 per cent between 2022 and 2027. Currently, there are almost 1 billion players that play online games worldwide, and this figure is rapidly expanding.
Future of blockchain gaming
The answer to this question lies in the percentage of growth of the existing blockchain games and as a matter of fact they are doing exceptionally well.
Recently, Axie Infinity which is a blockchain-based game surpassed over $4 billion in its all-time sales. Games like crypto kitties and roblox are already gaining massive popularity in big countries like the USA, UK and Canada.
Gaming companies are releasing the immense potential that this technology has in terms of solving all the major issues with which the existing gaming community was struggling. So, sure, blockchain gaming is unquestionably the future of the gaming business. It is a booming industry that will undoubtedly become a popular leisure activity in the near future.
Source: https://edtimes.in/blockchain-gaming-the-future-of-online-gaming-industry/
Blockchain Game Development Company
Bitdeal, Leading Blockchain Game Development Company offers attractive game development solutions on various blockchain network.
Know more here >> https://www.bitdeal.net/blockchain-game-development