Web3 gaming: a 2023 industry overview
A new report from the Blockchain Gaming Alliance reveals an optimistic future for the web3 gaming industry and a concerning gender imbalance among players. On Dec. 13, 2023, the Blockchain Gaming Alliance (BGA) shared its annual State of the Industry Report with crypto.news. It is an online survey designed to put a finger on the pulse of the fledgling blockchain gaming sector. While the report delved into many areas, key takeaways included nearly 80% of respondents sharing their belief that they will continue in the industry over the next year. It also revealed a worrying statistic: females made up only 16.9% of participants in the sector. The BGA report also showed that over 76% of blockchain gamers recognized asset ownership as a top benefit of web3 games. In comparison, nearly 38% predicted that traditional web2 game studios would drive the industry forward. A further 52.1% said they expected at least 20% of the gaming industry to adopt blockchain in some form. In terms of cha...