NFT Gaming Whoops $2.32B in Q3 of 2021!
- NFT gaming sector bags in $2.32 Billion in just 3 months.
- Majority of the market comprises Blockchain gaming & NFT gaming.
- Metaverse tends to be the future for NFT gaming.
There’s no doubt that the blockchain gaming industry which is also now a unique part of the Non-Fungible Tokens (NFT) gaming sector is surging up exponentially.
Apart from just being any other attribute of the blockchain ecosystem, blockchain gaming has seriously taken on. One he other hand, the NFT industry at a point of time eventually merged itself into blockchain gaming.
In addition, now whatever blockchain game there be, NFT is inevitably meant to be a part of it.
The BGA Reports
The Blockchain Gaming Alliance (BGA) , one of the most predominant networks for the blockchain gaming sector put out a report officially.
Accordingly, the BGA states that the NFT gaming sector alone has generated about $2.32 Billion between July to September of 2021.
Moreover, BGA adds that the blockchain gaming community alone accounts to 22% of the overall NFT industry.
In addition, the BGA points out that all wallets linked to such blockchain and NFT based gaming and also smart contracts based on them have surged up by 6,566%.
Is Metaverse the Future?
Notably, BGA terms that Metaverse based attributes accounts to a major proportion for the blockchain and NFT gaming.
Predominantly, Metaverse based virtual lands were sold off for about $42.6 million.
Visually, it’s clear that the future is all about Metaverse. In such terms, many giant investors have already started to invest in gaming software firms and blockchain firms.
Similarly, Animoca Brands, a gaming software company based in Hong-kong has bagged in huge investments. Furthermore, for the past few months the investments on Animoca Brands accounted for about $291 million.
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
