blockchain's Impact on Gaming Industry

This is a news story, published by CoinGape, that relates primarily to Gartner news.

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blockchain games

CoinGape

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I’ve been in the blockchain industry for over ten years. Here’s how it’s transforming the gaming sector

Summary

Nutrition label

72% Informative

According to a report by Gartner , the blockchain is expected to grow by a little over $176 billion by 2025 and then create an astounding $3.1 trillion in new business value by 2030 .

Because of blockchain, players can now truly own and monetize their assets through Non-Fungible Tokens (NFTs), and these tokens aren’t limited to the game’s ecosystem.

This has opened up opportunities for trading—including lending and borrowing—gaming assets in a vibrant virtual environment.

As the industry continues to innovate and adapt to blockchain technology, more games will flood the market, blurring the lines between playing, working, and investing.

Gaming economies have the potential to grow beyond their current use cases.

QORPO and Sidus Heroes are examples of projects that are not only developing games but also pioneering ecosystems where players have become active participants and owners.

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Informative language

Neutral language

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informal

Language

English

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Offensive language

not offensive

Hate speech

not hateful