The gaming market has been booming in recent years. In 2021 alone, it generated revenues of $175.8 billion. The pandemic had a huge impact on demand in the gaming industry. Many people became interested in gaming due to the cancellation of sporting events and the closure of places where they usually spent their free time. It is predicted that by the end of this year, there will be 2.9 billion gamers worldwide!
The gaming market is growing stronger
Back in 2019, Netflix’s CEO stated that the biggest threat to the company was not Disney or HBO. Instead, he pointed to Fortniteone of the most popular games in the world. In light of the current restrictions and limitations on free movement, many people choose entertainment that is available in the comfort of their home and at their fingertips.
According to a report by Accenture, the total value of the gaming industry already exceeds the combined value of the film and music markets. This is due to the rapid growth in popularity of mobile games. Gaming is currently the fastest growing sector. According to current forecasts, mobile games will generate $90.7 billion in 2021, growing by 4.4% annually.
Gaming as an excellent investment? Don’t miss your chance!
The times when computer games were just a form of entertainment are long gone. Rapid technological development, widespread access to the Internet, phones and consoles, made gaming a billion-dollar business. In addition, games began to develop en masse Play-to-Earn based on blockchain, which, in addition to entertainment, allow you to earn money.
RoboHero will be the first mobile game of its kind 100% integrated with the Terra blockchain. This chain has its own cryptocurrency monetization system. All you need to play is a phone, an app and some LUNAS. What’s unique about this game is that you don’t even have to invest your own money. Just take part in the Watch-to-Earn program, where for watching ads you will get LUNA as a reward. You can invest the received assets in your first game. This means that in addition to having great fun, you can also top up your wallet.
The gaming market is still growing. It is expected to generate $204.6 billion by 2023. The growth rate until then will be 7.2%.
Play-to-Earn and blockchain
Until recently, no one would have believed that it would be possible to make a living from games. However, it turned out to be real. Play-to-Earn games offer more opportunities than traditional Pay-to-Win games. It is a way to earn money by playing. Gaming has gone from being pure consumption and fun to an opportunity to generate profits.
With the use of blockchain technology, the range of monetization possibilities has expanded significantly. Play-to-Earn streamlines payments, NFTs make it easier to monetize in-game assets without the risk of counterfeiting, and players receive tokens and rewards for completing specific tasks.
Play-to-Earn games have been experiencing a real boom lately. Axie Infinity, Decentraland Whether Illuvium have become a permanent fixture in the gaming community and are now conquering the market. The RoboHero game is integrated with blockchain Terra.
Users will fight in the world of robots and earn Robo and Luna tokens in victorious duels. Each player can earn ROBO tokens in the story mode and LUNA tokens in the PVP mode. As much as 30% of the total supply is allocated to rewards for gameplay. This means that in addition to great entertainment, everyone can earn money.
