The Web3 Gaming Opportunity
Last updated
Last updated
The gaming industry is one of the most lucrative and fastest-growing sectors in the overall global economy. According to Newzoo, the global games market reached $184 billion in 2023, with a projected CAGR of 1.3% through 2026, reaching $205.4 billion
In parallel, the emergence of blockchain technology has catalyzed a paradigm shift in gaming. Blockchain gaming, characterized by decentralized ownership, interoperability, and play-to-earn mechanics, represents a seismic departure from traditional gaming models. The integration of blockchain technology enables true ownership of in-game assets, fostering a vibrant ecosystem of player-driven economies and decentralized gaming experiences.
According to MarketsandMarkets report, the global blockchain gaming market was projected to grow from USD 4.6 billion in 2022 to USD 65.7 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 70.3% during the forecast period.
Blockchain gaming has drawn the appeal of many due to its inherent differences in monetization models and open-economy systems compared to traditional games. Perhaps most known for the following differentiating criteria:
Decentralized Economies: Blockchain games facilitate player-driven economies, enabling gamers to monetize their skills, assets, and achievements securely.
Tokenization & Asset Ownership: The advent of Non-Fungible Tokens (NFTs) empowers gamers to truly own in-game assets, fostering a thriving digital asset marketplace.
Interoperability & Cross-Game Engagement: Blockchain's interoperable nature facilitates seamless asset transfers and gameplay experiences across diverse gaming platforms, enhancing user engagement and retention.
However, the blockchain gaming space lacks the engaging, high-quality game titles that helped shape the gaming industry over the past decades, as well as a true sense of education around the various facets of blockchain technology within gaming and the overall rising blockchain gaming space.
Curious gamers may often find themselves dwindling on a slippery slope of low-quality, unpolished game titles or, even worse, fall victim to the endless scams and phishing sites disguised as games and preying on the unaware and unexpecting gamers.
There lies the opportunity.
IGN and Kotaku exist in traditional gaming to help guide gamers to top-quality titles and warn them about undeserving ones. Hundreds of thousands of gaming creators dive even further and present their analyses, likes, and dislikes. Yet, in blockchain gaming—the space that perhaps needs a golden compass to help navigate through the noise and avoid the traps—there is no IGN or Kotaku.
Enter GAM3S.GG - the home of web3 gaming. A platform devoted to guiding new gamers through game discovery, reviews, guides, daily news and elevating the experience beyond being solely a media site through engaging quests, analytics, rewards and much more.
While most remain uncertain which game or genre will take off first or what blockchain will see the most success in web3 gaming, regardless of titles, genres, or tech stack, once new gamers enter the space through the already increasing appeal and sentiment shift, the need for an all-encompassing gaming platform to help guide decisions, spotlight the top titles, and keep gamers updated will only increase.
Today, GAM3S.GG is widely recognized as the #1 web3 gaming platform that goes an extra step beyond simply listing any game in the space - but develops comprehensive game pages with review breakdowns and step-by-step guides and leverages industry connections to share exclusive announcements, insights and more. We've built a robust platform, even while most didn't care, because it's no longer a question of "if" but "when".
