Web3 GameFi Sector Expected To Hit $301.5 Billion By 2030 – Report

Quick Summary:

A recent Nansen report revealed that the Game Finance (GameFi) sector is expected to see major growth by the decade’s end, driven by decentralized economic systems, the rise of AAA games in Web3, and the popularity growth of role-playing games (RPG).

Per the report, the decentralized nature of the blockchain offers players true ownership of in-game assets like rare items, characters, and NFTs.

Nonetheless, the report noted that security remains crucial for customer trust and engagement, as major chain hacks can damage players’ confidence in GameFi.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets: Hungary

Topics: Web3 GameFi Btc Total Blockchain gaming Web3 gaming adoption Blockchain games BTCUSDT Web3 Web3 gaming GameFi Nansen Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 05:00:42 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 457 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23219689

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