The gaming industry witnessed a slowdown in 2022 in the face of a turbulent macroeconomic environment. However, with more high-budget, high-profile games and next-generation consoles expected to hit the market this year, the industry is projected to grow significantly.
Furthermore, the gaming market is expected to flourish with the increasing adoption of cryptocurrencies, blockchain technology, and NFTs. About the future of Web3 gaming, Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, said, “We’re going to see a big wave of high-quality games emerging in the market, which will basically bring on more mass adoption. That will come into full effect somewhere in 2023, maybe spilling over into 2024.”
