Currently, the market size stands at approximately $154 billion, with a notable compound annual sales growth rate of 21.8% observed between 2017 and 2021.
Fortune researchers have categorized the global market into five zones, namely North America, South America, Middle East/Africa, Europe, and Asia-Pacific.
Among these regions, North America boasts the largest share of blockchain game purchases in 2022, accounting for approximately 24% of the total market value, surpassing $30 billion. Industry analysts anticipate that North America will maintain its dominant position in the foreseeable future.
Experts in the field believe that blockchain web games represent a significant sector within the gaming industry and will continue to gain popularity. It is worth noting that these types of games tend to spread rapidly on the Android operating system.
In October, the Undeads team introduced Rush, a game specially designed for Undeads Metaverse NFT owners. Rush serves as a precursor to the forthcoming release of an AAA game on the blockchain, which is anticipated to launch within the next year and a half. The game leverages the power of NFTs to unlock engaging gameplay and lucrative rewards.
In June, Ubisoft made headlines with the announcement of Champions Tactics. This game is being developed on the Oasys blockchain, which utilizes the Proof-of-Stake algorithm and has been carefully optimized for gaming purposes. The establishment of the Oasys blockchain occurred earlier this year with extensive support from several renowned video game developers, including Square Enix, Bandai Namco, Sega, and Ubisoft.