Established Game Studios to Assist in Advancing Web3 Gaming Industry in 2024

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Almost half of cryptocurrency game developers are of the opinion that one of the primary catalysts for the growth of the GameFi sector is the adoption of by conventional game studios.

Established Game Studios to Assist in Advancing Web3 Gaming Industry in 20240

Among blockchain game developers, 37.8% believe that the introduction of new Web3 projects by traditional game studios or the integration of blockchain into existing games will significantly drive the advancement of the GameFi industry in 2024. This information comes from an extensive research report conducted by the Blockchain Gaming Alliance (BGA).

The research involved a survey of 526 professionals in the blockchain gaming field conducted between August and October 2023. About 35% of all participants indicated that the industry was already experiencing a boost from traditional game studios starting to adopt Web technologies. Specifically, 19.8% of developers noted that Web2 studios releasing games featuring non-fungible tokens were a major factor in the GameFi sector’s growth in 2023, while 15.2% pointed to a complete transition of traditional studios to Web3 initiatives.

More than half of the respondents anticipate that in 2024, over 20% of the global gaming industry, valued at $347 billion, will have some connection to blockchain technology. A recent report from Fortune Business Insights suggests that the global Web3 gaming market could surpass $600 billion by 2030.

Сообщение Traditional Game Studios to Help Develop Web3 Gaming Sector in 2024 появились сначала на CoinsPaid Media.