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The blockchain gaming market is expected to grow to $43.45 billion by 2028
According to Technavio, the global blockchain gaming market is set to expand significantly, with expected growth of $43.45 billion from 2024 to 2028.
Blockchain technology is transforming how video games are played and consumed through the play-to-earn gaming model where players earn real value, which can be in the form of cryptocurrencies or virtual assets. It’s helping to create a pretty diverse roster of players with people who are looking for extra money. Improve overall player engagement and ownership through the integration of digital assets with NFTs into the gaming world.
Additionally, problems, such as network congestion and high gas fees in the blockchain gaming market, occur when using Cryptokitties and cryptocurrencies. However, the development of horizontal solutions and the introduction of decentralized finance (DeFi) can represent an opportunity for growth.
The market is segmented by type (role-playing games, open world games, collectible games), platform (ETH, BNB chain, Polygon, others) and geographical area (APAC, North America, Europe, South America, Middle East and Africa) . ).
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