Web3 gaming still a long way from mainstream adoption: Survey

Web3 gaming still a long way from mainstream adoption: Survey

In a survey commissioned by Coda Labs, 6,921 people from five countries were asked a series of questions to determine their perception of crypto, NFTs, and Web3 gaming. A new survey commissioned by blockchain entertainment provider Coda Labs suggests that despite the huge amount of money being poured into Web3 gaming, traditional gamers are still yet to warm up to crypto or NFTs and have little interest in Web3 games. According to the survey, gamers pointed to practical barriers as their main reason for shying away from Web3 games, with gamers often not knowing how they might work and....


Related News

Gaming makes up over half of blockchain industry usage, DappRadar

The gaming sector accounts for nearly 51% of the activity in the blockchain industry with hundreds of millions in transactions, according to August data. New data from DappRadar suggests that gaming remains a vital organ to the blockchain industry. According to the report, the gaming sector accounts for approximately 50.51% of industry usage month-over-month (MoM), as per August numbers.While overall the numbers are a good indicator for the sector, it is a decrease from the previous month. Last month, the gaming sector made up approximately 57.30% of industry usage (MoM).The data from....

GameSwift Partners With Polygon To Become A Gaming Ecosystem For Web3 Games

GameSwift – a Web3 gaming solution, has announced a strategic partnership with the Polygon network to build a comprehensive Gaming Ecosystem. GameSwift partnered up with  Polygon and is going to launch its own chain built on the Polygon Edge framework. The platform is tailored to gamers and gaming protocols in the Web3 gaming space to […]

Cointelegraph Consulting survey: Mass DeFi adoption is 3–10 years away

Cointelegraph Consulting releases some trends and insights featured in their “DeFi Adoption 2020: A Definitive Guide to Entering the Industry.” The majority of DeFi projects believe the industry is far away from maturity, but they are sure that mainstream adoption is likely to occur. This was disclosed on Sept. 21 when Cointelegraph Consulting released the results of a DeFi survey in “DeFi Adoption 2020: A Definitive Guide to Entering the Industry.”The survey showed that 48% of the top projects in the DeFi space expect mainstream adoption to arrive after three to five years, while 8%....

Tetris Owner Playstudios to Launch Blockchain Gaming Division and Web3 Fund

Playstudios, a mobile gaming company, has recently announced it is diving into the world of Web3 gaming. The company is launching a blockchain gaming division that will introduce the concept of “rewarded play” to its users, who already enjoy real-world rewards for playing its games. Playstudios will also invest $10 million in Web3 gaming companies. Playstudios to Embrace Web3 and Blockchain Tech Playstudios, a Las Vegas-based mobile gaming company that has received more than $300 million in funding, is diving into the world of blockchain and Web3 gaming. The....

Griffin Gaming Partners Launches $750 Million Gaming and Web3 Fund

Griffin Gaming Partners, a venture capital firm specializing in gaming-related investments, has revealed the launch of its second gaming-related fund. The fund, which was reportedly oversubscribed, managed to raise $750 million to support gaming initiatives, including Web3-based and blockchain endeavors. Griffin Gaming Partners has now amassed more than $1 billion AUM. Griffin Gaming Partners Raises Sizable Gaming-Related Fund Griffin Gaming Partners has announced the launch of its second gaming-related fund, which will focus on investing in seed and growth rounds of companies....