Gaming grows to 48% of all blockchain activity | DappRadar
DappRadar Reports: Gaming Makes Up 48% of All Blockchain Activity!
We have some exciting news for gamers – especially those with an interest in blockchain technology! According to DappRadar’s latest report, gaming has seen an explosion in popularity – making up as much as 48% of all blockchain activity.
That means games like CryptoKitties, CryptoCities and even Gods Unchained are enjoying massive success and a huge number of transactions. This is twice as high as transactions related to decentralized finance (DeFi) and four times as much as gambling.
What Does This Mean for Gamers?
Basically, it’s a sign that the blockchain gaming industry is continuing to boom – and investors are taking notice. With investment opportunities in blockchain gaming, developers now have the potential to create huge, innovative games that have completely new business models.
Plus, for players, it means there are more opportunities than ever to own, trade and trade game assets. Everything from collectible characters to entire gaming worlds can now be traded and exchanged on the blockchain.
What’s Driving Blockchain Gaming’s Success?
There are a number of things that are contributing to the success of blockchain gaming. Here are just a few of them:
- Crypto Transactions: The ability to easily and securely make transactions with cryptocurrency is a huge advantage. In many cases, players can purchase in-game items and assets with cryptocurrency, which is simpler and more secure than traditional payment methods.
- Ownership Rights: When you purchase an in-game item or asset, you now own a piece of the blockchain and the right to trade it. This gives players unprecedented control over their gaming experience.
- Innovative Business Models: Developers are constantly coming up with new ideas that offer players more control and choice. Subscription-based models and auctions are becoming increasingly popular, giving gamers more freedom to experience games in entirely new ways.
The Future of Blockchain Gaming
It goes without saying that blockchain gaming is only going to continue to grow in the future. As more developers get involved in the industry, new and ground-breaking games are sure to emerge.
Plus, with more gamers getting involved in blockchain gaming, it will only continue to create more demand for game assets and create immense investment opportunities.
So it’s definitely an exciting time to be a gamer – especially if you’re looking to ride the blockchain gaming wave.