Are Blockchain Games Profitable?
Gaming is expanding at a greater rate than ever before. The gaming business is presently valued at $173 billion, with strong indications that it will exceed $300 billion in the next five years. A recent spike of new players, particularly mobile platforms, is driving this boom, making gaming a more practical and easily accessible experience for the estimated 2.6 billion gamers globally.
However, for many people, being online for fun is no longer their primary motivation. As the cliché goes, time is money, and players have undoubtedly noticed that they’re investing a lot in virtual experiences with little return. As a result, they’ve begun to explore ways to monetize their passion. However, outside of the eSports’ arena, there haven’t been many options for casual players to profit from their gaming efforts — until now.
The rise of blockchain games has flipped the gaming industry on its head by making players, rather than developers, the primary financial decision-makers. Play-to-earn (P2E) crypto gaming is a growing trend that should not be ignored. But, before we get into the specifics, it’s crucial to understand how it all works.
What are Blockchain Games?