Dublin–(business wire)–“Blockchain games by game type (role-playing games, open-world games, collectible games), platforms (ETH, BNB chains, polygons), and regions (North America, Europe, Asia-Pacific, Rest of the World) Market ‘- Global Forecast to 2027’ report added of ResearchAndMarkets.com Recruitment.
The global blockchain games market is projected to grow from USD 4.6 billion in 2022 to USD 65.7 billion by 2027, at a compound annual growth rate (CAGR) of 70.3% during the forecast period. One of the factors driving the growth of the market is the increasing funding for blockchain games.
By game type, role-playing games will account for the highest market share during the forecast period
The P2E gaming model works with blockchain, cryptocurrencies, and NFTs, transforming the traditional free-to-earn notion into P2E. Role-playing games (RPGs) are being played all over the world, and these games have always been a hot genre in the industry. These games allow the player to directly control the character while participating in real-time battles, and the player can earn his NFTs and crypto rewards while playing these games. RPG games have different subgenres, such as action-oriented RPGs and turn-based RPGs. RPG games use in-game weapons, avatars, and skills to give users a unique gaming experience.
Unlike traditional games, RPG games are integrated with in-game assets such as NFTs, skins, and weapons. Various subgenres of RPG games, such as action-based and multiplayer, have made them widely popular among the masses. In RPG games, players assume the role of a character in a fictional setting.
It is the player’s responsibility to play these roles in the story. It can be done through literal acting, or through a structured decision-making process regarding character development. should get This is why RPGs on the blockchain are so strongly tied to her NFTs. Axie Infinity, Binemon, Blankos Block Party, My Crypto Heroes, and Lost Relics are popular blockchain-based RPG games.
By platform, BNB Chain will grow at the highest CAGR during the forecast period
According to Binance, BNB Chain dominated the blockchain gaming sector with a market share of 36.6%. That is, it has the highest number of games built on the chain. The blockchain gaming space is growing at an alarming rate. His average daily UAW transactions on the BNB chain increased by 8% month-on-month to over 92,000 in August 2022. Due to these trends, BNB chain is rapidly gaining attention in the market and this blockchain platform has the highest growth potential. His CAGR during the forecast period.
BNB Chain has worked with many companies to increase its presence in the market. For example, in September 2022, BNB Chain collaborated with Google Cloud. This collaboration will help accelerate early-stage Web3 and blockchain startups to create and scale high-performing, effective and sustainable innovations. These initiatives to boost Web3 and blockchain startups could serve the blockchain gaming market.
market dynamics
driver
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Advantages of blockchain technology
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Increased investment and funding for blockchain games
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The transition from traditional games to blockchain-based games
Restraint
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Initial investment and complexity involved in playing blockchain games
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Hacking and financial loss
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Regulatory challenges
chance
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Trends in NFTs and Play-To-Earn Models
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Unique active wallet trends
Task
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Limited Awareness of Blockchain and NFT Technology
Main topics:
1.First of all
2 Survey method
3 Executive Summary
4 Premium Insights
5 Market overview and industry trends
6 Blockchain Gaming Market by Architecture
6.1 Introduction
6.2 Distributed monolithic
6.3 Distributed Layered Architecture
6.4 Hybrid architecture
7 Blockchain Games Market by Game Type
7.1 Introduction
7.2 Role-playing games
7.3 Open world games
7.4 Collection games
8 Blockchain Gaming Market, By Platform
8.1 Introduction
8.2 Ys
8.3 Bnb Chain
8.4 Polygons
8.5 Other Platforms
9 Blockchain Gaming Market by Regions
10 Competitive environment
11 Company profile
12 Adjacent Markets
13 Appendix
companies mentioned
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Alwaysgeeky game
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Animoka brand
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Binamon
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Codebit Lab
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Dakoko
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dapper lab
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Decentraland Foundation
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Double Jump.Tokyo
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Figure 33 Wemade: Company Snapshot
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G-Jit Japan
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gala games
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Horizon blockchain game
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irbium
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immutable
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lucid sight
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mythical games
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planetarium
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pop cap game
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locosoft
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sky mavis
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Stray
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Splinterlands
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upland me
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we made
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Saya
For more information on this report, please visit https://www.researchandmarkets.com/r/xyjegt.
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