Blockchain Gaming Market

1. Blockchain Gaming Market is estimated to be US$ 772.7 billion by 2032; Rising NFTs and Digital Ownership to Propel Market Growth Blockchain gaming refers to video games that utilize blockchain technology to enhance gameplay, ownership, and in-game assets. It leverages the decentralized and transparent nature of blockchain to create a more immersive and player-centric gaming experience. Blockchain ensures transparency and security of in-game transactions. Players can verify the scarcity, authenticity, and provenance of their assets on the blockchain. The concept of non-fungible tokens (NFTs) has gained significant attention. NFTs represent ownership of digital assets, and they play a crucial role in blockchain gaming by allowing players to truly own in-game items, characters, and assets. This unique ownership model has the potential to attract more players and investors to Blockchain Gaming Market. The report “Blockchain Gaming Market, By Game Type (Collectible Games, Open World Games, and Role Playing Games), By Device Outlook (IOS, Android, Web, Others), By Platforms (Polygon, BNB Chain, ETH, Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032” Key Highlights: In August 2022, Playstudios, a publicly traded mobile gaming platform and developer, is venturing into the web3 world with a new blockchain division and investment fund. The gaming entity, which owns popular mobile apps like Tetris, is now launching a new blockchain-focused sector, which will use “rewarded play” to leverage blockchain technology and deliver more rewarding experiences to users across its portfolio of games. In April 2022, Newly-formed Rainmaker Games launched the world's first discovery platform for blockchain games, a single source of gaming data that makes it simpler to evaluate, rate, and access the hundreds of play-to-earn (P2E) games that use blockchain technology to pay players in bitcoin that can then be converted to cash. In Rainmaker's platform contains more than 150 games, and 5–10 new games will be added each week. Analyst View: Blockchain technology enables interoperability and cross-platform gaming experiences. Players can use their blockchain-based assets across different games and virtual worlds, enhancing the value of these assets and providing more seamless gaming experiences. Blockchain gaming often leads to the emergence of player-driven economies. Players can earn crypto currencies or other valuable assets within the game, which they can trade or sell in secondary markets. This incentive structure encourages more players to engage with blockchain games. Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Blockchain Gaming Market, By Game Type (Collectible Games, Open World Games, and Role Playing Games), By Device Outlook (IOS, Android, Web, Others), By Platforms (Polygon, BNB Chain, ETH, Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032” Key Market Insights from the report:

2. Blockchain Gaming Market accounted for US$ 7.1 billion in 2022 and is estimated to be US$ 772.7 billion by 2032 and is anticipated to register a CAGR of 60.4%. Blockchain Gaming Market is segmented based on Game Type, Device Outlook, Platforms and Region. Based on Game Type, Blockchain Gaming Market is segmented into Collectible Games, Open World Games, and Role Playing Games. Based on Device Outlook, Blockchain Gaming Market is segmented into IOS, Android, Web, Others. Based on Platforms, Blockchain Gaming Market is segmented into Polygon, BNB Chain, ETH, Others. By Region, the Blockchain Gaming Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Competitive Landscape & their strategies of Blockchain Gaming Market: The prominent players operating in the Blockchain Gaming Market includes, ROKO GAME STUDIOS, Illuvium, Sky Mavis, Animoca Brands Corporation Limited, Splinterlands, Mythical Inc., Immutable, Uplandme, Inc., Autonomous Worlds Ltd., and Dapper Labs, Inc. To know more Contact Us: Sales Prophecy Market Insights U.S: 1 860 531 2574 RoW: 91 7775049802 Email- sales@prophecymarketinsights.com Website- www.prophecymarketinsights.com Blog- www.prophecyjournals.com