Asia Pacific Leads The Way In Web3 Gaming As Funding Soars

Asia Pacific Leads The Way In Web3 Gaming As Funding Soars
фото показано с : nftnewstoday.com

2023-11-14 03:50

The world of Web3 gaming is experiencing an exciting, dynamic shift – with the Asia Pacific (APAC) region taking a strong leadership position. Home to approximately 40% of the world’s game developers, APAC is now the epicenter of this emerging digital revolution.

United States and South Korea in the Running

Chasing APAC’s lead, the United States follows closely, hosting about 30% of the Web3 game developers, while South Korea has made an impressive leap with its contribution nearly doubling to 27%.

Key markets shaping the industry’s landscape extend to South Korea, the United Kingdom, Singapore, Vietnam, Australia, and the U.S., signifying the global reach of Web3 gaming.

Funding Highlights and Genre Preference

Investments in the Web3 gaming sector have sparked a financial frenzy, garnering $19 billion since 2018. Remarkably, $1.5 billion of this sum was raised in the year 2023 alone, with over $800 million earmarked specifically for Web3 gaming.

The journey of financial resources traces a high-interest pathway towards sports, MMOs (Massively Multiplayer Online), RPGs (Role-Playing Games), and action games. However, the Triple-A segment, while significant, only constitutes 6% of the market, as indie and midsize projects assume dominion.

The preference for Layer 1 and Layer 2 solutions – specifically Ethereum-based networks and the Polygon ecosystem – has heralded a new wave of possibilities for gamers and developers alike.

Furthering the intrigue, Epic Games has taken a giant leap in the Web3 gaming landscape, inflating its game listings from a modest two to a whopping 69. This development provides a clear indication of the company’s keen interest and investment in the growing Web3 gaming market.

Blockchain Wars: Migration and Evolution

In a seismic shift marking the burgeoning ‘Blockchain Wars’, there has been significant migration of Web3 games to networks such as Polygon, Immutable, and Arbitrum.

Leading this pack is Polygon, emerging as the top host for Web3 games. Following closely are BNB, Ethereum Mainnet, and Immutable, solidifying its position as the leading Layer 2 gaming ecosystem.

In conclusion, with Asia Pacific’s ascendancy in Web3 gaming and booming investment trends, the sector showcases a promising trajectory. As gaming giants like Epic Games delve deeper into this space, the dynamics of the industry are set to evolve, and a new era of digital gaming experience looms on the horizon.

The post Asia Pacific Leads The Way In Web3 Gaming As Funding Soars appeared first on NFT News Today.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Multi Channel Influencer Creater Cloud Funding Platform (MCI) на Currencies.ru

$ 7.82E-5 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.07 %, 7d: -52.90 %
Cегодня L: $7.82E-5 - H: $7.82E-5
Капитализация $102.747k Rank 2192
Цена в час новости $ 9.75E-5 (-19.79%)

web3 gaming funding asia soars way pacific

web3 gaming → Результатов: 126


Фото:

Immutable and AWS partner to boost Web3 gaming

Immutable, a Web3 gaming platform on Ethereum, has teamed up with Amazon Web Services (AWS) in a partnership that aims to promote development and adoption across the Web3 gaming ecosystem. The collaboration with Amazon will see Immutable “gain access to a vast pipeline of game studio leads, support for successful deal closures, and up to […] The post Immutable and AWS partner to boost Web3 gaming appeared first on Invezz.

2023-10-12 17:46


Web3 Gaming Company Speaks Out, Nintendo GameCube Logo Plagiarized?

Web3 gaming console manufacturer Polium revealed their first product, the Polium One. This community-driven project aims to build the “world’s first multi-chain gaming console”. Related Reading | The Central African Republic Unveils Sango Project, Disappoints The World However, the project attempts to get a foothold in an industry that has been primarily hostile towards cryptocurrencies and […]

2022-7-4 19:25


Voyage in Paradise, the world’s first top DJ and artist-enhanced “listen-to-earn” project, announces Rave Republic as its official partner

Catheon Gaming & King Pillar Limited collaborate to integrate real-world entertainment into Web3 Hong Kong, 12 May 2022 Voyage in Paradise (“ViP/ the Project”),  the world’s first global top DJ and artist-enhanced “listen-to-earn” project, announces a new Top 100 DJs official partner today, Rave Republic.

2022-5-12 10:01


Voyage in Paradise, the world’s first top DJ and artist-enhanced ”listen-to-earn” project, announces Rave Republic as its official partner

Catheon Gaming & King Pillar Limited collaborate to integrate real-world entertainment into Web3 Voyage in Paradise (“ViP/ the Project”),  the world’s first global top DJ and artist-enhanced “listen-to-earn” project, announces a new Top 100 DJs official partner today, Rave Republic.

2022-5-12 10:01


Ready Games to Bring Gaming Into A Decentralised Web3 Experience

Ready Games which was founded in 2016, is ready to reap the rewards of years of solid hard work and effort to transition gaming from web2 to web3; a more decentralised gaming experience.   Ready Games will be doing this with the help of both Apple and Google App stores to make the transition as simple […] The post Ready Games to Bring Gaming Into A Decentralised Web3 Experience appeared first on NFT News Today.

2022-5-6 17:01


Фото:

LongHash Ventures Leads $1.5M Pre-seed Funding Round for Web3 mobile game development platform Particle Network

LongHash Ventures, one of Asia’s leading Web 3-focused venture funds and accelerators, has led a $1.5 million pre-seed funding round for Particle Network, a Web3 mobile game development platform that aims to speed up game developers’ transition to Web3 by giving them the tools they need to easily build, host, and scale gaming dApps. “We’re […]

2022-5-5 02:01


Фото:

Web3 game platform Particle Network raises $1.5M in funding led by LongHash Ventures

Web3-focused venture firm LongHash Ventures has led a $1. 5 million pre-seed financing round for Particle Network, a mobile game developer dedicated to advancing the Web3 gaming ecosystem. Per an announcement shared with Invezz on Wednesday, the funding round also included investments from Insignia Ventures Partners, 7 O’clock Capital, CyberConnect, BitCoke Ventures, FSC Ventures and Monad […] The post Web3 game platform Particle Network raises $1.

2022-5-4 18:26