About Crypto Gaming
Market & Predictions
2023 was the year of realizations in crypto gaming. Developers started to discern the current limitations of Web3, games started to slowly get better, and multiple gaming projects came up with realistic roadmaps. Crypto gaming might be evolving at a snail’s pace in terms of technology, but investment-wise, it is attracting a lot of positive attention. According to Dappradar, blockchain gaming raised more than $1.4 billion between May and November 2023 alone. Ubisoft announced Ubisoft Quartz in 2021, which promised to create ever-greater connections between players and game worlds. However, that was not well received by gamers, with publications like Ars Technica dubbing this addition as a “dumpster fire.”
But that didn’t deter the developer of the famed Assassin’s Creed franchise. Ubisoft has recently partnered with ImmutableIMX a good example for new blockchain games, according to a report by PC Gamer.
Even companies like Electronic Arts have declared NFT and blockchain games as the “future of the gaming industry.”
Traditional gaming companies are bullish about blockchain-powered gaming, and it’s likely that more conventional game devs will join the crypto space in 2024.
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