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The global blockchain gaming market is expected to surge to $614 billion by 2030, driven by regional growth and evolving game types. 
This forecast, detailed in a comprehensive analysis by <a href="https://www.fortunebusinessinsights.com/blockchain-gaming-market-108683" data-type="link" data-id="https://www.fortunebusinessinsights.com/blockchain-gaming-market-108683" target="_blank" rel="noopener">Fortune Business Insights</a>, reflects a compound annual growth rate of 21.8%. The report’s examination of sales data from 2017 to 2021 underscores this trend, predicting an absolute growth rate over the six-year period of nearly 299%. 
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North America is at the forefront of this expansion, having contributed over $30 billion in 2022, which is approximately 24% of the total according to the report. The dominance is not expected to wane, with the region predicted to continue leading in blockchain game item purchases. 
Role-playing games (RPGs) are identified as the fastest-growing category in the <a href="https://crypto.news/metaverse-and-blockchain-boost-north-american-digital-gaming-markets/" data-type="link" data-id="https://crypto.news/metaverse-and-blockchain-boost-north-american-digital-gaming-markets/">blockchain gaming market</a>. The report highlights their appeal, as special characters, themes, additional weapons, accessories, and other features make RPGs particularly suitable for blockchain integration. In 2022, RPGs represented over 33% of the market. 
Currently, web-based games dominate the blockchain gaming landscape, but the report notes a significant shift towards Android-based games. This trend suggests a diversification in the platforms preferred by players. 
To enhance user experience, companies like Immutable are innovating; on Dec. 11, the company added Transak to facilitate purchases. However, as per a recent CoinGecko study, over 75% of blockchain games launched between 2018 and 2023 have failed, signaling the volatility and risk inherent in this nascent market. 
 Read more: <a href="https://crypto.news/venture-capitalist-blockchain-is-not-ready-for-mainstream-gaming/"> Venture capitalist: blockchain is not ready for mainstream gaming </a>

North American blockchain gaming market set to reach $600b by 2030

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