DappRadar, a global app store for decentralized applications platforms, released an analysis on April 13, 2023, highlighting Asia’s importance to the Web3 gaming sector.
The research reveals Asia currently holds the majority of gamers, gaming revenue, and blockchain technology interest, with over 1.7 billion people, or 55% of the world’s gamers playing video games in the region. This highlights the significant role the continent plays in driving the growth of Web3 gaming.
According to the report, Asia has been the primary driving force behind the global gaming sector for some time, generating over half of the world’s gaming revenue and making the region crucial to the adoption of blockchain gaming.
However, China has banned cryptocurrencies and does not allow game developers to integrate blockchain technology into their games, although China, Japan, and South Korea dominate the gaming sector in Asia, accounting for 62 of the top 100 gaming companies by market value.
A survey of 1,030 Japanese men and women aged 20 to 70 revealed that just over 40% of respondents were familiar with blockchain games, and more than half of those who were familiar had a favourable opinion of them. The survey conducted by DappRadar also revealed that the main platforms where gamers find new games are Twitter, YouTube, and Discord, with DappRadar itself being a popular site for discovering new Web3 games.
The report emphasized that graphic quality and overall gaming experience are the main factors players prioritize when evaluating new games, rather than entrance price, active user count, or game economy.
Additionally, the report highlights the importance of airdrops in incentivizing gamers to try out new games, with gamers expecting to receive them before starting a new game.
Based on research, Ethereum is the second most popular blockchain for web3 studio games, with a preference rate of 9.2%. Polygon is currently the top choice among surveyed studios.
Meanwhile, gaming giants Sega and Sony have announced plans to develop blockchain games, with companies in Japan and South Korea at the forefront of adopting blockchain technology in the gaming industry.
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