Asia has massive potential to become the driving force of the worldwide adoption of web3 games and blockchain in years to come.

Asia has been a prominent player in the gaming industry for some time, generating a significant amount of the world’s gaming revenue. One study uncovered that Asia is home to approximately 55 percent of the world’s blockchain gamers, and these users generate roughly 52 percent of worldwide annual revenue in the GameFi sector.

After games like Axile Infinity became popular in Southeast Asia and STEPN found dedicated users in Japan, many people in Asia experienced blockchain games. Asia’s gaming market is promising, and it continues to grow. Due to its dominance in the gaming sector, many are predicting Asia to become a blockchain hub.

However, the success of blockchain games is crucial to ensure the adoption of blockchain technology globally. The web3 gaming sector accounts for half of the entire blockchain industry. Looking forward, Asia has massive potential to become the driving force of the worldwide adoption of web3 games and blockchain in years to come.

The report by DappRadar has further emphasized Asia’s influence on the gaming sector, sharing that over 40 per cent of gamers in Japan are aware of Blockchain gaming. Moreover, 57 per cent of them have a positive impression of Blockchain gaming. The report also predicts the region will continue to dominate the web3 gaming ecosystem.

Market share of global gamers | Source: DappRadar

This is not just due to Asia having the highest quantity of gamers but also because it is home to the world’s largest gaming companies. Most of the world’s biggest gaming companies are based in Japan, South Korea, and China. The region already has the largest gaming markets on earth, and traditional web2 giants are showing interest in and experimenting with embedding web2 components.

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Author: Guest Post

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