Potential of Web3 Gaming
In 2021, the GameFi hype has become real, bringing a great utility to NFTs, crypto has been attracted by many people worldwide, thanks to Web3 Gaming.
“3 in 4 investors worldwide joining cryptocurrency because of GameFi.” ChainPlay states.
NFT and Gaming NFT Market Overview
Despite the bear market, current NFT Market Size is reported as 35b$, Gaming NFT Market Size on the other hand, 7.7b$, accounting for 22% of Web3 NFT industry.
7.7b$ is what really Kewl aims for in the first year.
Future of NFT and Gaming NFT Market Size
What’s interesting is that according to trusted data providers such as —
- Grand New Research
- Coindesk
- Crypto.com ….. and 9 more we’ve observed,
Global NFT market size is expected to be around
- 80b$ in 2025,
- 210b$ in 2031,
while
Gaming NFT market size is expected to be around
50b$ in 2025,
75b$ in 2031,
increasing its ratio to 35% of Web3 NFT industry.
Gaming Market Overview
As we review current GameFi industries key points, we see that there are
- 2000+ Web3 Games ,
- 1.09M “daily” Web3 Players,
- $13.5M Web3 Gaming Volume Daily
“The most active crypto community among DeFi, Metaverse, Gaming and NFTs is Web3 Players with daily 7 transaction.” data says.
Kewl aims to create an ecosystem, an open-market, a social platform for all gamers.
Gamers by Networks
According to Footprint, most active chains by gamers are Hive, BNB Chain, Polygon (WAXP not included prob.)
And Binance Smart Chain is leading the Web3 Gaming industry by number of projects and total revenue.
That’s the reason why Kewl is multichain, mainly focusing the networks of where Web3 Gaming lies.
Web3 Gaming Fundraising is still promising
Game developers and studios closed four of the top 10 largest investment rounds in August 2022. More on above.
What makes Web3 Gaming promising is that the Gaming industry is by far the most valuable fun & entertainment area of the world. When we compare both, it’s quite impossible to not have a belief in Crypto Gaming as we consider the NFT utility in games are the most important idea of blockchain games.
“Kewl is in the center of everything — Web2 and Web3 Games, community and studios, simplicity and ultimate sophistication. We are building with passion to revolutionize blockchain gaming with new way of perception.”
Join the revolution of Web3 Gaming
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