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Benzinga
Benzinga
Business
Andrew Rossow

Why Play-to-Earn Gaming Is The Answer Needed For An Already Underserved Community

Right now, the gaming ecosystem is booming with excitement and innovation, where we are witnessing individuals and entities start to shift their attention to a world that they never before would have blinked at - and we have Web3 and NFTs to thank for that.

Non-fungible tokens, or NFTs went from just a $55 million total market cap in 2021 to over $7 billion, thanks to platforms like OpenSea and Rarible, and the communities that use them. Since the inception of the industry’s largest NFT marketplace, OpenSea has become a major player in the gaming economy, reporting around $10 billion in total all-time sales, with the majority of that coming from 2021 alone. For those who argue against its viability and value, you’re missing the mark completely.

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