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International Business Times

Business

Marvie Basilan

Nearly $1B Investments Into Blockchain Gaming Proves Sector Isn't A 'Fleeting Trend': Playnance CTO

blockchain GameFi Avalanche DappRadar

Playnance prides itself in helping Web2 players easily transition into blockchain gaming. (Credit: Playnance Twitter)

KEY POINTS

April's investments exceeded the figures logged during the second quarter of 2023
The April figures prove that people now see Web3 games "as a transformative force in the industry": Playnance CTO Roman Levi
True digital ownership is one of the standout features of blockchain gaming that draws investors, Levi said

Blockchain gaming, a rising subsector in the wider Web3 industry, has been on a roll in recent months, especially in April, when nearly $1 billion in investments flowed into the burgeoning space that has proven it has a place in the vast world of blocks and nodes.

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