Web3 Gaming Market Booms, Projected to Surge to $301 Billion by 2030
The Web3 gaming market is booming, projected to surge from $13 billion in 2024 to a staggering $301 billion by 2030. This growth is fuelled by players' desire to own in-game assets and embrace decentralization. Let's explore some of the games driving this revolution.
Alien Worlds, a sci-fi metaverse game by Dacoco GmbH, is at the forefront of this movement. It empowers players to become co-creators through decentralized player councils. Saro McKenna, CEO of Dacoco and co-founder of Alien Worlds, is leading this innovative approach. Meanwhile, NFL Rivals by Mythical Games combines arcade-style football with optional Web3 functionality, attracting over 7 million downloads since 2023.
On the football front, Soccerverse, a Polygon-based management simulator, has seen impressive growth with 5,350 clubs and over 145,000 players. It emphasizes community-building and shared experiences. Another success story is FIFA Rivals, launched in June 2023, which attracted over a million downloads within six weeks, appealing to both casual gamers and those interested in peer-to-peer trading.
Investment in Web3 games is soaring, reaching $60 million in July, a 94% increase from June. Daily unique active wallets also rose to 4.9 million. As games like Alien Worlds, NFL Rivals, Soccerverse, and FIFA Rivals demonstrate, Web3 games that focus on playability, rewards, and flexibility are most likely to attract both crypto-native and traditional gamers, further boosting this burgeoning market.
Read also:
- "Dying Light: The Beast Outpaces Borderlands 4 in Remarkable PC Optimization, Yet Exposes Gearbox CEO's Insensitive Commentary"
- Unlawful MMO gold peddler cultivates around half a million dollars in income, triggering a tax dispute, followed by developers unveiling strategies to clamp down on real-world transactions
- Economic Growth of Nitric Acid for Electronic Applications Anticipated to Reach 5.8% by 2034
- Stock markets in Asia experience a surge following a record-breaking rally in U.S. stocks, fueled by optimism towards potential interest rate reductions.