According to Odaily Planet Daily, based on a report from blockchain analytics firm Nansen, the GameFi ecosystem is entering a critical growth phase, with a projected market value of $301.5 billion by 2030.
The report states that growth is driven by decentralized ownership of in-game assets, and the deployment of tokens offers real-world value and financial incentives that traditional gaming platforms cannot match. Nansen estimates that the industry will experience a 68% compound annual growth rate (CAGR) over the next six years.
Despite the overall volatility of the cryptocurrency market, the GameFi industry has shown resilience in August 2024, with a daily active wallet count increasing by 8.94%. Improvements in blockchain infrastructure are helping GameFi projects thrive.
In addition, major blockchain networks such as opBNB, Ronin, and Immutable are gaining attention for their balance of speed, cost-effectiveness, and scalability, attracting developers and gamers.
