Moxy and Upland are up for it lead charge in the transfer gaming and the esports industry.
the gaming The industry has always been quick to adopt it new technologies, web3 or decentralization webHe is one Such a revolutionary technology set to change the gaming Aesthetic view. It offers many benefits to both creators And players.
Electronic sports building Paid
the global Electronic sports market It thrives, having earned over 96 million viewers between 2020 and 2023, featuring 540 million viewers globally of 2023. This figure is expected to increase to 640.8 million by 2025, reflecting the enormity of the industry growth potential.
The cash value of Electronic sports market He is also The estimated rocket rise is about $1.44 billion in 2023 and expected rise To 5.48 billion dollars by 2029. As the public for Esports, the potential impact is magnified of web3.merge technology in this boom market It cannot be underestimated.
Destroyer technologies leave their mark
Web 3 technologyin particular the blockchain, allows for Unparalleled transparency, security and decentralization, which has transformative potential for the gaming industry. top blockchains supporting games in 2023 includes BNB, Polygon, Ethereum, and Solana, each with different degrees of popularity and accreditation.
This blockchain serves as the backbone of several gaming Platforms, multiple advantages, such as secure realReal time transactions asset ownership and facilitation of Peer-to-peer interactions, which are all complementary for the growth And development of the gaming industry.
In the first quarter of 2023, blockchain gaming The sector showed an upward trend, with dominance in the market an increase from 42.87% in Q4 of 2022 to 45.60%. the global blockchain gaming market The volume reached 4.6 billion US dollars in 2022 and is expected to reach US$117.5 billion by 2028, with an annual combined exposure growth rate (compound annual growth rate) of 67.40% during 2023-2028.
Successful projects push boundaries
projects like Moxy and Upland are already paving wayand take advantage of the blockchain to disable gaming industry.
Moxy offers a two-fold solution for game developers. Provides an easy-use tech pile for Integration of esports game media and platform for Sale and distribution of electronic sports games. Moxy also uses the blockchain technology To create a safe world token called moxie. This guarantees realTransactions time and protect them players And publishers of fraud and piracy.
Similarly, Upland successfully brought blockchain technology To popularize audiences through engaging, game-based experiences. With Upland, you can buy, trade, collect and sell virtual properties with the guarantee of own your own digital assets through the blockchain technology.
Upland is striving to establish strength economy who connects virtual and material worlds through promotion real Property in open-market system. through this decentralization marketStakeholders will have the opportunity to interact with each other directly.
optimistic look
As we expect futureit is clear that gaming Industry development It will depend greatly on blockchain.
Moxy and Upland projects can pave way for Industry and review of revolutionary potential of web 3.
like more gaming companies and developers embrace this technologiesthe gaming The industry will continue evolvereshaping the scene for players And creators Both. In the end, a revolution will happen how We recognize and participate with digital entertainment.
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