About The Author: Hanna Shnaider
PhD in Philology | Passionate About Modern Technologies | Bringing Digitalization Towards the Business
More posts by Hanna Shnaider
How Web3 Gaming Is Transforming The Gaming Landscape Through P2E And In-Game Economies - 2024 - 5

The gaming industry has undergone a remarkable evolution, fundamentally altering the entertainment landscape as we know it. From its humble beginnings as pixelated arcades to the immersive experiences of today, gaming has become a global phenomenon that transcends age, culture, and borders. According to Statista,in 2022, the revenue from the worldwide gaming market was estimated at almost $347 billion. Advancements in technology have played a pivotal role in shaping the gaming landscape. With the advent of online connectivity, gaming has transformed into a social experience. Our team has prepared another article for Forbes Magazine, here are some quotations.

As an experienced entrepreneur with deep expertise in the Web3 game development process, I see the direction the gaming industry is rapidly growing in. For the last few years, it has become an upward trend that indicates the immense popularity and potential of this industry.

Game development based on blockchain technology presents a variety of possibilities. A project called Axie Infinity, for example, has seen some players surpass traditional job incomes through their involvement. I believe it will empower players to have genuine influence over their virtual destiny and earn rewards based on their skills that require a combination of artistry and scientific precision.

Collaboration between blockchain visionaries, economists and creative minds is crucial to crafting compelling Web3 gaming experiences. Some entrepreneurs forget about the collaboration part, only focusing on the technological aspect, though it should also be researched…

Check the whole article in  FORBES.

How Web3 Gaming Is Transforming The Gaming Landscape Through P2E And In-Game Economies - 2024 - 7