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Blockchain Gaming Industry sees Shift from Traditional Games to Blockchain-Based Games in 2022 Market Report

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The global blockchain gaming market

The global blockchain gaming market is expected to experience significant growth in the coming years, with a projected compound annual growth rate of 70.3% between 2022 and 2027.

This growth is being driven in part by increased funding for blockchain games. m,

Role-playing games (RPGs) are expected to have the highest market share during this period, with the P2E gaming model using blockchain, crypto, and NFTs to transform the traditional free-to-play concept into pay-to-earn.

In RPG games, players assume the roles of characters in a fictional setting and can earn NFTs and crypto rewards while playing.

There are various subgenres of RPG games, such as action-oriented and turn-based, and they are popular among players for their unique in-game assets and experiences.

BNB Chain has the highest number of games built on its platform, with a 36.6% market share, and is expected to experience the highest compound annual growth rate during the forecast period due to its partnerships and initiatives to support Web3 and blockchain startups.

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Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.