For an industry starved of end-users, few apples look juicier to the blockchain world than gaming. The global gaming market is forecast to generate over $159 billion in revenue in 2020, and at a recent two-day digital conference the Blockchain Gaming Alliance made it clear that its members are aiming to take a bite.
There are an estimated 2.7 billion gamers worldwide, or around a third of the global population. In terms of mainstream adoption, that puts gaming in a similar tier as breathing oxygen and drinking water.
If just a fraction of those gamers were to welcome blockchain technology into their lives… well let’s just say that the crypto industry has long been yearning for such levels of penetration among the general populace.
Fortunately, blockchain features an array of compelling use cases to lure gamers into its fold, and the technology brings a whole new range of possibilities to the medium.
The Blockchain Game Alliance was formed to be the siren's song which would promote the benefits of blockchain technology to the gaming industry at large. The BGA encourages the adoption of decentralized gaming, nonfungible tokens, and even elements of decentralized finance by highlighting new ways to create, publish, play, and build strong communities around games.
BGA members represent all aspects of the gaming and blockchain industries, and the organization holds regular presentations and workshops. It is also dedicated to promoting diversity and encouraging more women to become part of the blockchain gaming industry.
The most recent event, split into two parts across Nov. 4 and 11, was the BGA Game Demo Day, allowing members the opportunity to display their latest developments and upcoming offerings.
And so it was that I spent the past two dark, rainy, autumn Wednesday evenings glued to my screen, scribbling down notes and finding myself impressed by the future augured in blockchain-based gaming.
But first, a disclaimer. As there were so many games shown across the two parts of the event, I have tried to focus on games that haven’t previously been featured here on Cointelegraph.
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