Industry in a nutshell
Last updated
Last updated
We will let the numbers speak for themselves in regards to NFTs and their path to mass adoption within the gaming industry:
“...gaming industry now exceeds $300 billion, more than the combined markets for movies and music, driven by a surge in mobile gaming and an emphasis on social interaction during the COVID-19 pandemic.”
Accenture. New York. Apr. 29th 2021
1600% growth for a single year: The crypto market was able to bounce back from $150 billion in March 2020 to more than $2.5 trillion, achieving more than 1600% growth in only a year’s time.
$69.3 MILLION FOR A SINGLE NFT
Crypto gamers in the Asia-Pacific region generated the highest revenue of US$157.3 million (49%), followed by North Americans with US$80.3 million (25%), Europe, Latin America, as well as Middle East & Africa.
This market is growing exponentially. Its market capitalization in 2018 was $40 million, and CryptoPunks were claimable for free. Currently, only the top 4 NFT crypto companies - Theta, Chiliz, Decentraland and Enjin are worth more than $12 billion altogether. The global crypto gaming revenue is increasing dramatically, with APAC leading the way.
