How Web3 Will Change the Gaming Industry Forever
Web3 gaming promises to be a critical driver for mainstream NFT adoption over the next few years. To put the scale into perspective, the blockchain gaming market size is expected to grow from $4.6 billion in 2022 to $65.7 billion by 2027. Many of the biggest game developers — including Square Enix and Epic Games — are already working on titles with Web3 integrations. That said, it takes years for any game to be developed, let alone a AAA game. So the space will only heat up as these projects come to fruition.
At nft now’s The Gateway 2022, we welcomed a star-studded panel of guests to the stage to discuss the new wave of gaming including: John Linden, CEO of Mythical Games; Kai Henry, Former Chief Strategy Officer of FaZe Clan and CEO and Founder of fewture studios; Lee Trink, CEO and Co-Founder of FaZe Clan; Betty, Co-Founder of Deadfellaz; FaZe Banks, Co-Founder of FaZe Clan; and Web3 Advisor Swan Sit.
In this episode of the nft now podcast, we cover understanding gaming as a social platform, how new tools are supporting collaboration and co-creation like never before, how to dispel the distrust the gaming community has around this new technology, and much more.