Report: Most Gamers Care Less About GameFi
Although non-fungible tokens, or NFTs, have a modest presence in the video game business through GameFi, some players find that to be too much. Quick and ferocious backlash over the prospect of any well-known gaming company using digital currencies has forced some developers to quickly abandon ambitious plans. Gamers Aren’t Interested In GameFi In the […]
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Real Realm is coming to be a game-changer in the GameFi universe. Now, players have a platform to enjoy their favorite war strategy game while still enjoying many other benefits that come with it, without necessarily spending funds. Blockchain technology has revolutionized the gaming sector, with GameFi snowballing. NFTs are quickly being adopted, with gamers […]
The GameFi sector has achieved unprecedented growth over the past couple of years and is attracting investors. The crypto industry has grown tremendously over the past couple of years, and one of its biggest drivers is the GameFi industry. GameFi — a portmanteau of gaming and finance — enables gamers to earn rewards while playing.The market has been growing steadily and presently has a token market cap of approximately $9.2 billion. Notably, GameFi networks have continued to thrive despite the crypto winter. Indeed, the industry is forecasted to reach a $74.2 billion valuation by 2031.How....
The gaming industry is pegged to hit the $200 billion mark by 2024 and is constantly outperforming expectations. Play-to-Earn (P2E) is trending in GameFi, besides being a significant catalyst for crypto adoption. According to Triple-A, the total revenue from blockchain gaming has risen from $321 million in 2020 to $1.5 billion in 2021. Blockchain-based games have attracted 1.22 million unique active wallets (UAW) in Q1 2022. Popular titles like Axie Infinity and Decentraland accounted for 22,000 of those. The promise of decentralized ownership, inclusive decision-making procedures, and....
Featuring diverse, fun blockchain games, G-Link offers a user-friendly experience for Web 2.0 gamers to step into Web 3.0, and to participate in an ecosystem connecting gamers, game developers and investors. Unleashing the potential of GameFi Traditional gaming is a large but plateauing industry, plagued by legacy problems — in contrast, blockchain gaming is a […]
Delphi Digital outlined that games could provide a core free-to-play experience for anyone to enjoy, while incorporating NFTs as part of expanded experience.. Crypto research firm Delphi Digital has outlined possible ways in which gamers may accept nonfungible tokens (NFTs) as part of their gameplay experience, such as using the tech for additional aspects that don’t impact the core experience.The lengthy report was published by Delphi Digital on Wednesday and explores how NFTs can be incorporated into games without impacting the core gaming experience or “true competitive play” that....