Gamepost.io
  • News
  • Developers
  • NFT
  • Metaverse
  • DeFi
  • Education
  • Glossary
  • Press Release
Reading: Asian Dominance in The Web3 Gaming Industry is “Crucial”
Share
Aa
Gamepost.io
Search
  • News
  • NFT
  • Metaverse
  • DeFi
  • Education
  • Events
  • Bookmarks
  • Contact
  • Contributors
Follow US
© Gamepost.io
News

Asian Dominance in The Web3 Gaming Industry is “Crucial”

Gamepost
Gamepost Published April 14, 2023
Share
2 Min Read
SHARE

According to DappRadar, Asia has 1.7 billion gamers and generates over $72 billion in gaming revenue annually, making it a crucial industry.

According to a recent report, Asia is “crucial” to the Web3 gaming business because it already accounts for the majority of players and gaming income and has a keen interest in blockchain technology.

Over 1.7 billion video game players, or 55% of the global total, are concentrated in the Asian market, according to a report from the analytics platform DappRadar published on April 13.

According to the research, it has long been “the driving force” behind the global gaming business and accounts for more than half of all gaming revenue.

Data on the market share of gamers worldwide. Source: DappRadar

As a result of these elements, the Asia area, according to DappRadar, “plays a crucial role in the adoption of blockchain gaming.”

In Asia, China, Japan, and South Korea account for 62 of the top 100 gaming businesses by market value. These three countries also dominate the gaming sector overall.

As reported by DappRadar, China has outlawed cryptocurrencies and forbids gaming firms from utilizing blockchain technology in their titles.

Based on the research, gaming businesses in Japan and South Korea are “leading the way in the adoption of blockchain technology in gaming,” citing recent NFT-related patents from Sony and the introduction of a blockchain game from Sega.

Related

You Might Also Like

FLOKI and New to The Street Announce Media Partnership to Reach 219M+ Households

LINEUP Games Unveils Multi-Platform, Multi-Chain Gaming Ecosystem

Sweet Introduces ‘Sky Slam’ Basketball-Themed Mini-Game Ahead of $SCOR Token Launch

Endix Indie Showcase Returns This May with Biggest Lineup Yet, Featuring AMD and Global Developers

Deadzone: Rogue Rockets to Steam’s Top 10 Global Sellers with 100K+ Players in Week 1 — Is this 2025’s Must-Play Roguelite FPS?

TAGGED: Asia, Asia Gaming Industry, Blockchain gaming, DappRadar, NFT, play to earn, web3, web3 games, web3 gaming
Share this Article
Facebook Twitter Email Print

New Releases

Trending Stories

News

Xsolla Unveils Cross-Play And Cross-Pay Strategy For Enhanced Multi-Platform Monetization For Mobile Games

March 5, 2024
Events

CryptoSphere conference – Wrocław, Poland 2023

January 11, 2023
News

Blockchain-Based Idle RPG – MIR2M : The Grandmaster – Now Open for Pre-Registration

January 21, 2024
NFTs My Pet Hooligan
Uncategorized

My Pet Hooligan is Proof that NFTs Aren’t Dead, They’re Evolving

July 22, 2024
Press Release

Boba Network Launches Subsquid Integration, Offering Fast and Affordable EVM Indexing

April 20, 2023
News

TSM and Avalanche Partner to Bring Web3 Gaming to the Masses

March 8, 2023

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Follow US on Social Media

Facebook Twitter Instagram Linkedin
Gamepost.io

More from Gamepost.io

  • Contact
  • Privacy Policy
  • Advertising
  • Subscribe
  • Submit a press release
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?