Blockchain transforms games that follow a Web 2 approach, to a decentralized Web 3 type. One where gamers around the world are able to generate monetary value doing what they love, playing games. And it is no different with games.īlockchain-based games are sowing the seeds of a new micro-economy. This technology has the potential to transform any industry if the use case is applied correctly. It enables individuals to transact securely among peers without recurring to a third party, while also proving the ownership of the underlying asset. But what exactly is play-to-earn? What were the main drivers behind the surge of this latest trend in the game sector? And, where is the blockchain game industry heading?īlockchain is one of the most disruptive technologies created in the last decades. Especially with intriguing concepts like the metaverse gaining visibility across mainstream media. It finally seems that people have started to realize the potential behind the combination of games with blockchain technologies. Even though the number of UAW is an on-chain metric that does not necessarily translate into users 1, there is enough evidence that supports a growth in the demand. When compared to Q2, the game-connected unique active wallets (UAW) increased in 25%, and an impressive 509% year-over-year. The number of accounts or wallets connected to blockchain games reached 754,000. Since May 2021, blockchain-based games have enjoyed a significant amount of success. However, thanks to the play-to-earn movement, that scenario is not far from reality.

Generating income while playing a game sounds like a utopia for most of us.

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