Blockchain Games

While gamers have been earning from playing video games for years, the integration of blockchain in the gaming industry has changed the domain significantly. Game makers can use blockchain technology to create unique and transferable in-game items and rewards that have real-world value.

Blockchain games are defined as:

A blockchain game is defined as any video game experience whose main assets are stored on a blockchain or a network directly dependent on the blockchain (Side-chains, etc.)

Unlike traditional games, gamers can hold full ownership of their assets thanks to the decentralized nature of blockchain technology. In addition, blockchain features make in-game trading a secure and easy process that allows players to gain a source of income.

According to Dapp Radar, capital invested in blockchain games reached $2.3 billion in 2023. November has been a particularly prosperous month for blockchain gaming, not only in terms of on-chain activity but also in investment inflows. The industry has witnessed an infusion of $145 million in investments, a bullish sign especially considering the year-end is typically a less active period for such investments.