NFT Gaming Adoption Report finds that P2E games are becoming a famous niche worldwide. Notably, men under the age of 35 years are getting more interaction with the NFT (non-fungible tokens) gaming industry. According to Finder's latest report on the gaming industry, India bags the first position in Play-to-earn (P2E) games among 26 nations. The Finder came to know about this truth when they conducted a study that says that around 34% of the Indian respondents have played this game till now, followed by Hong Kong (29%), and UAE held the third position with 27%. In addition, if you talk about France, they are at 6%, and this figure will be expected to rise in the coming time to 15%. Moreover, the other players in this game who are thinking of raising the percentage are Peru from 13% to 29% and Spain from 8% to 17%. However, in another study, it is found that the USA is planning to play in the future and will grow from 9.4% to 16.5 %, which will be a remarkable growth in the respondents by the end of the year. On top of that, the survey also states that Indians under 35 also lead the way in NFT gaming. That means in this category as well, India gets the first position with 41.7%, followed by Germany, Sweden, and France with less than 10% men. Blockchain games are becoming popular these days as they are changing the habits of traditional mobile phone gaming practices. One such example of Blockchain games are P2E games, also called non-fungible tokens, Decentraland, CryptoKitties, Axie Infinity, etc. have massive potential to make people earn handsome income. However, the demand for these games is already high, with P2E on top. Among all other nations, India has a vast market for this game. Investment in Blockchain games A study by DappRadar states that the market of blockchain-based games raised $2.5 billion in the first Quarter of 2022 from the investor's side. With regard to this, another forecast predicts that the investment in Blockchain games can exceed 410 billion according to the current pace. One such example of investment is Yuga Labs and Immutable-X. However, Yuga Labs is the studio that is behind the Bored Ape Yacht Club (BAYC) in the NFT collection. In the past two months, this studio has secured 4450 million fundraisers. In short, you can say that blockchain games are the future of the world as the NFT games will likely rise around 6 to 14% in the coming time all over the world. The reason is the games industry leaders have realized that the future of gaming depends upon the blockchain, and it will be bright. 

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Asked 1.6219178082192 Years Ago

Neha Bawa

Freelancer writer