Report: Almost half of all crypto wallets are connected to games

HeadlinesNewsReport: Almost half of all crypto wallets are connected to games

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Report: Almost half of all crypto wallets are connected to games

CryptoSlatea month ago
Published on October 24, 2021 22:37 GMT+00:00edited on October 25, 2021 21:49 GMT+00:00

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Naturally, when our worlds closed off to the outside during the pandemic many people turned to the world of gaming and there has been a huge surge in public interest. The BGA Blockchain Gaming Report notes that almost half of all crypto wallets are connected to games.

According to the report, the blockchain industry registered 1.54 million UAW during Q3, growing 25% quarter-over-quarter (QoQ) and 509% year-over-year (YoY). It seems that accumulating and exchanging in-game assets that can be traded with other players is a key factor in driving the surge in demand. 

This has led to an increased interest in blockchain gaming and play-to-earn methodologies. According to a recent report from the Blockchain Game Alliance, there were over 804,000 unique players connected to blockchain-based …