Web3 Gaming Consumer Behavior Report by DappRadar x Pacific Meta
Web3 gaming has been growing in popularity over the last few years as blockchain technology continues to disrupt various industries. The gaming industry, in particular, has seen a significant transformation with the integration of blockchain technology. In this report, we will discuss the latest trends in Web3 gaming based on a survey conducted by DappRadar and Pacific Meta. [ DappRadar & Pacific Meta Inc.)
The Latest Trends on Web3 Gaming Based on DappRadar Survey
DappRadar’s study indicates that Polygon is the favored blockchain for 30.8% of surveyed web3 studio games, closely followed by Ethereum at 9.2%. This highlights the increasing adoption of Polygon as a popular blockchain network for gaming due to its low transaction fees and faster processing times compared to Ethereum.
The survey also found that RPG games are the most popular game genre in the Web3 gaming industry, with over 40% of surveyed games belonging to this category. This trend is consistent with the dominant genre in Asia’s gaming market since the late 80s and early 90s, popularized by titles like Final Fantasy and Dragon Quest.
Asia’s Gaming Market: The Driving Force Behind the Global Gaming Industry
Asia houses 55% of global gamers, totaling 1.7 billion, and contributes over $72 billion in annual gaming revenue. The rise of gaming in Asia can be attributed to the region’s large population and cultural appreciation of gaming.
Breaking Down the Results of the First-Ever Survey on Blockchain Gaming in Japan
The Pacific Meta survey reveals that 40.2% of Japanese respondents who do not actively participate in blockchain gaming are still aware of Web3 games. This indicates the industry’s early stages and limited mainstream acceptance in Japan. However, the survey also found that 30.6% of Japanese respondents have participated in blockchain gaming, highlighting the growing interest in the industry.
The Rise of Asian Gaming Companies Shifting from Web2 to Web3 and Embracing Blockchain Technology
Asian gaming companies have been quick to embrace blockchain technology, with many shifting from Web2 to Web3. This shift is due to the potential benefits of blockchain technology, such as increased security, transparency, and the ability to tokenize in-game assets. By embracing blockchain technology, gaming companies can offer their users a more immersive gaming experience, which can lead to increased user engagement and revenue.
The Craze for Anime-Based NFTs: How Japan’s Gaming and Anime Culture Converge
Anime-based NFT collections have recently gained notable traction, comprising 10.73% of the top 1000 NFT collections’ trading volume. This trend highlights the convergence of Japan’s gaming and anime culture, as many popular anime franchises have been adapted into video games. The rise of anime-based NFT collections offers a new way for fans to engage with their favorite anime franchises and collectible items.
Conclusion
Web3 gaming is still in its early stages, but the potential benefits of blockchain technology for the gaming industry are clear. The latest trends in Web3 gaming show the increasing adoption of Polygon as a popular blockchain network for gaming, the dominance of RPG games in the industry, and the growing interest in blockchain gaming in Japan. The rise of Asian gaming companies embracing blockchain technology and the craze for anime-based NFTs further highlight the potential of Web3 gaming in the future. As the industry continues to evolve, it will be interesting to see how blockchain technology will transform the gaming experience for users.
Web3 Gaming Consumer Behavior Report by DappRadar x Pacific Meta was originally published in gam3on on Medium, where people are continuing the conversation by highlighting and responding to this story.