NFTs Market Size Research: The gaming market will grow more than $180 billion in 2021

The gaming industry today

Today, the vast majority of online games follow a centralized model. This means that all related data is stored on a server that is fully controlled by the game administrators.

  1. System infiltration by hackers
  2. Game shut down
  3. Undeserved ban of accounts
  4. Lack of transparency regarding game mechanics and rates
  5. Manipulation of the game economy by developers and administrators
  6. In other words, the power is in the hands of the games companies. But fortunately, blockchain technology is able to eliminate or mitigate most of these problems.

Blockchain Game Categories

You can see Gourmet Galaxy in Assets Ownership

How may blockchain impact the gaming world?

This section introduces some of the most common ways in which blockchain technology may impact the gaming industry.

Proof without words

Asia has proven to be a potential market for online games, most notably the Asia Pacific region, according to analytical data, research experts say the Asia Pacific market. accounting for 52% of the pie market Game Online

So how about NFTs Market Size?

Unlike DeFi, where user interest and demand are driven by the practical applications and the promise of returns, the NFT market is driven by deep psychological patterns. As the world becomes more and more digital, many objects emerge as digital-native only, and the solution to the ownership question is already here in the form of NFTs.

The Future of NFTs

It is clear that blockchain technology has great potential in the gaming industry. It provides significant improvements for gamers and developers, especially in regard to decentralization, transparency, and interoperability.

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Gourmet Galaxy

Gourmet Galaxy

Gourmet Galaxy is an innovative Yield Farming platform, a combined of DeFi and NFTs in a gaming experience.