GameFi investors are now prioritizing fun factor over money: Survey
While roughly half of the investors joined the GameFi space initially for profits, 89% of GameFi investors succumbed to Crypto Winter 2022. GameFi, the fusion of gaming and decentralized finance (DeFi), attracts a set of investors that tend to choose projects based on their use case rather than money-generating potential.The GameFi ecosystem attracts GenZ investors and gaming enthusiasts. As a result, it stands as an entry point for numerous first-time investors. A ChainPlay survey participated by 2428 GameFi investors revealed that 75% of the respondents joined the crypto space solely....
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Web3 games and metaverse projects have raised $748 million in funds last month. The GameFi sector remains a leading force in the blockchain and crypto space despite the ongoing downturn in the crypto market. Recent numbers from DappRadar revealed that web3 games and metaverse projects have raised $748 million in funds last month. This was up 135% from July, but is still a decline of 16% compared with June.Blockchain gaming collected $3.1 billion in investment last quarter; so far in 2022, it has added $6.9 billion in funds. This year's forecast seems to indicate that investments could....
Crypto continues to wax strong as more investors come into the market. Like with any investing, crypto investing comes with its own unique problems. And investors are wont to make mistakes where there is money involved. A recent survey on CryptoVantage has shown the most common mistakes made by investors in the market. The survey […]
The GameFi sector continues to rapidly evolve and reshape the world of traditional finance. And if earlier the main tools for making money on cryptocurrencies were trading and investments, today you can get a reward in cryptocurrency for completing tasks in a computer game. How GameFi works today and what the sector will face in […]
A survey conducted in the UK recently reveals that two out of every five investors initially know little or nothing about cryptocurrencies. Moreover, they admitted to seeing the sector to be “non-existent or poor” before their investment. The survey exposed the ignorance of the British crypto investors’ knowledge, motivations, and exposure regarding crypto investments. Related […]
A new survey hints at a lack of crypto awareness in Russia as only 6% of respondents were found to have good knowledge of crypto. Cryptocurrency adoption in Russia has not been moving too fast as an overwhelming majority of Russians have apparently not ever bought crypto, according to a new survey.Switzerland-based cryptocurrency wallet provider Tangem has conducted a poll to learn more about cryptocurrency investors in Russia, local news agency Kommersant reported on Thursday. As many as 72% of the 2,100 respondents in the survey claimed that they have never bought cryptocurrencies like....