GameFi Industry To See $2.8 Billion Valuation In Six Years

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The review predicts the play-to-earn non-fungible token (NFT) gamefi industry’s expected income of USD 2.8 billion from 2022-2028. Also, the compound yearly development rate over a similar six-year period is 20.4%.

This expectation comes amid a furious crypto bear market, ruling out ventures and enterprises of any substance. The report features the forerunners in this field of play-to-earn game developments, including Sky Mavis, Dapper Labs, Decentraland, Immutable, and The Sandbox.

According to this report, it is certain that the interest from venture capitalist investors to invest in new startups during the slump has been increasing. For instance, Animoca Brands, as of late, has obtained three organizations in the GameFi space.

There is a critical expansion in clients of blockchain-based games despite economic situations. WAX and Binance Smart Chain saw consistent community numbers with 2.94 million and 2.49 million clients, respectively.

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