A recent study conducted by Finder estimated that 34% of Indian respondents played play-to-earn (P2E) games, while Hong Kong (29%) ranked second, while the UAE held third with 27. %
India leads the P2E universe.
reportAccording to the Finder, Play-to-earn games have become extremely popular with users around the world. especially The results revealed that Men under 35 are more likely to interact with the NFT gaming industry.
India emerged as the global leader as one in three respondents admitted to playing P2E games, while Hong Kong was closely followed at 29 per cent.
As for the UAE, a place deeply engaged with the crypto sector, it ranks third, with approximately 27% of survey respondents saying they play the game.
France and Sweden are at 6% and 4% respectively.
Investments in blockchain games are on the rise.
The results of a recent study by DappRadar. revealThat blockchain-based games could raise $2.5 billion in Q1 2022 from investors, with estimates that the total investment could exceed $10 billion. (assuming current rates continue)
The most striking example of such financing is Yuga Labs and Immutable-X, behind the NFT Bored Ape Yacht Club (BAYC) collection. The company raised $450 million led by Andreessen Horowitz.
For its part, Immutable-X (which owns two popular blockchain games – Gods Unchained and Guilds of Guardian) raised $200 million, bringing the company’s valuation to $2.5 billion.
Splinterlands , Alien Worlds and Crazy Defense Heroes are also some of the most addictive games for the player base.
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