NFT Gaming Market

October 22, 2021 Blockchain Industry Updates

Throughout their history, these major firms have aimed to provide entertaining gaming experiences to attract new players and expand their market share. However, non-fungible tokens (NFTs) are attempting to give gamers a financial incentive for playing games, in addition to providing an engaging gaming ecosystem.

NFT gaming
These games, known as play-to-earn
games, are played in a Metaverse that is essentially a fictional universe. The play-to-earn gaming model rewards users for their time and effort within the game. Because of this, the model has a chance to gain a portion of the $175.8 billion global gaming market that is touted to grow to more than $200 billion in 2024.