The Web3 gaming ecosystem is undergoing significant changes, especially after the market shifts in 2022. While growth has slowed, the sector continues to expand, with the Asia-Pacific region becoming a major center for Web3 game development, while the US remains a key market.
In 2023, there was a marked increase in blockchain networks focusing on gaming, coinciding with a steady introduction of new Web3 games. Game7’s State of Web3 Gaming Report offers an in-depth overview of the ecosystem’s evolution over the last six years. The report is based on extensive research, analyzing data from over 1,900 blockchain games, 1,000 funding rounds, and 170 blockchain ecosystems. The report covers various aspects of the industry, including the gaming stack, gameplay trends, blockchain networks, competitive dynamics, and fundraising. It provides valuable insights into the development of Web3 gaming post-2022 correction, making it a crucial resource for game developers, investors, blockchain enthusiasts, and anyone interested in the direction of the industry. Source: Techwire Asia
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