Delegated Interfaces
Profitable
Gaming
Developers are leveraging the blockchain to create play-to-earn game models.
Trend
What is the Profitable Gaming trend?
Profitable Gaming: The convenience of blockchain technologies led to developers incentivizing players to play their games for monetary compensation. These games award players NFTs and cryptocurrencies for performing well, providing direct and immediate real-world value for engaging with play-to-earn games.
Insight
The consumer insight behind the Profitable Gaming trend
Many gamers have a desire to transform gaming beyond a time-consuming hobby into a source of income. This was previously only possible through esports competitions or becoming an online content creator. Companies have found a way to satiate this desire for all players through the use of blockchain technologies. Gamers are more drawn to titles that implement this technology as they feel they are being more productive by generating income while indulging in their hobbies.
Trend themes
Themes within the Profitable Gaming trend
Three behaviours holding the trend togetherPlay-to-Earn Gaming
Developers are leveraging blockchain technology to incentivize players to play their games for monetary compensation through the use of NFTs and cryptocurrencies, providing immediate real-world value for engaging with play-to-earn games.
Blockchain-Based Games
Web3-focused game development studios are utilizing blockchain technology to create innovative, community-driven games with NFTs and cryptocurrencies tied to in-game economies, disrupting the traditional gaming industry.
Decentralized, Mobile-First Gaming
Developers are creating games placed on blockchain, allowing users to engage in play-to-earn model with integrations such as NFTs and cryptocurrencies, targeting mobile devices and seeking to bring millions of players into the world of web3 gaming.
Industry implications
What the Profitable Gaming trend means for industry
Where the trend changes the playbookGaming
Traditional gaming companies can adopt blockchain technology and integrate NFTs and cryptocurrencies into their game models to create new revenue streams, increase user engagement, and differentiate themselves from the competition.
Cryptocurrency
The development of blockchain-based gaming models utilizing NFTs and cryptocurrencies is driving demand for these digital assets, providing new opportunities for cryptocurrency exchanges, investment, and integration into other industries.
Web3 Technologies
The use of blockchain technology and the decentralized, community-driven approach to game development is a disruptor to the traditional technology industry, creating new opportunities for decentralized finance, governance, and more.
Workshop question
How does your brand contribute to the betterment of its customers?
Trend signals
Trend signals for Profitable Gaming
Trend score 4.0 out of 10, from popularity 65%, activity 43%, freshness 13%.
- Gen Alpha
- Gen Z
- Millennial
- Gen X
- Boomer
Evidence
Examples of the Profitable Gaming trend
7 featured examples from Feb 24 to Jul 4, 2022Play-to-Earn Multiplayer Games
'Heroes of Mavia' is an MMO That Features NFT-Tied In-Game Features
With the increasing popularity of blockchain and cryptocurrencies, more game developers can create MMOs that use NFTs and cryptocurrency as in-game assets.
Blockchain-Based Western Games
Gala Games Announced 'Grit' for the Epic Games Store
Blockchain-based gaming has the potential to disrupt the traditional gaming industry by offering new gaming experiences and economic models.
NFT Fighting Games
Irreverent Labs Raised $40 Million to Develop 'MechaFightClub'
Introducing blockchain-based gaming concepts and mecha characters or other imaginative gameplay experiences that appeal to a diverse audience worldwide.
Play-To-Earn Gaming NFTs
Next Arcade is Set To Launch New NFT Collection for Its Line of P2E Games
The gaming industry has the opportunity to incorporate NFTs and play-to-earn mechanics to create more engaging and profitable experiences for players.
Blockchain Racing Games
Oseanworld and REALM Teamed up for the NU RADIO Open-World Game
The gaming industry can leverage blockchain technology and NFTs to create innovative and engaging gaming experiences for players.
Blockchain-Based Card Games
'Shiryo' is an Upcoming Card Game Based on the Ethereum Blockchain
The gaming industry could be disrupted by blockchain-based card games and play-to-earn models that offer new ways for players to monetize their time and skills within games.
Play-To-Earn Soccer Games
'Mokens League' Lets Users Win NFTs by Competing in Online Soccer Games
Gaming companies can leverage NFTs and blockchain technology to create new gaming experiences and revenue streams.