What does the research say about blockchain?

According to "Member Survey & Report 2021": 52% of respondents cited regulatory uncertainty as the main challenge.

What does the research say about blockchain?

According to "The Metaverse, Blockchain Gaming, and NFTs: Navigating the Internet’s Uncharted Waters 2022": The Bored Ape Yacht Club (BAYC) is an NFT collection made up of 10,000 cartoon apes.

What does the research say about blockchain?

According to "Member Survey & Report 2021": 85% of survey respondents agree that asset ownership is the most important advantage of blockchain games as the technology delivers digital property rights and allows players to have true ownership of their in-game assets.

What does the research say about blockchain?

According to "Member Survey & Report 2021": 85% say that true ownership of digital goods is the most important aspect of blockchain games.

What does the research say about blockchain?

According to "The Metaverse, Blockchain Gaming, and NFTs: Navigating the Internet’s Uncharted Waters 2022": While Sotheby’s auctioned and sold a batch of 101 BAYC NFTS for over $24 million, Christie’s sold 6 CryptoPunks, 4 BAYC, and 4 Meebits for a combined $12.3 million.

Blockchain

49 documents·3,148 charts & figures·291 verified statistics·18 publishers

Key Statistics

52% of respondents cited regulatory uncertainty as the main challenge.
Source: Member Survey & Report 2021
The Bored Ape Yacht Club (BAYC) is an NFT collection made up of 10,000 cartoon apes.
Source: The Metaverse, Blockchain Gaming, and NFTs: Navigating the Internet’s Uncharted Waters 2022
85% of survey respondents agree that asset ownership is the most important advantage of blockchain games as the technology delivers digital property rights and allows players to have true ownership of their in-game assets.
Source: Member Survey & Report 2021
85% say that true ownership of digital goods is the most important aspect of blockchain games.
Source: Member Survey & Report 2021
While Sotheby’s auctioned and sold a batch of 101 BAYC NFTS for over $24 million, Christie’s sold 6 CryptoPunks, 4 BAYC, and 4 Meebits for a combined $12.3 million.

Only 3.3% of respondents viewed their current role as finance or banking-focused, but twice as many said their previous role would have fit into this category.

Source: Member Survey & Report 2021

Documents

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Report

Crypto on Live Streaming Mini‑Report

This analysis examines the intersection of cryptocurrency and live streaming, tracking the rapid growth of digital asset content across Twitch, YouTube, and Kick. The primary thesis identifies a significant surge in crypto-related broadcasting driven by market speculation, memecoin popularity, and political events. The scope covers global data from July 2023 through June 2025, utilizing a methodology that tracks unique channels with at least 30 hours of monthly airtime while excluding bots and suspicious accounts to ensure data integrity. Findings reveal that the number of unique channels streaming crypto content doubled in the six months leading into late 2024. YouTube experienced the most dramatic growth, rising from 31 channels in July 2024 to over 200 by June 2025. Viewership peaked across platforms in early 2025, with Twitch reaching its height in February and YouTube seeing major spikes in January and June. While Bitcoin remains the most discussed asset with over 500,000 chat mentions in the first half of 2025, Solana has emerged as a dominant secondary interest, recording 171,000 mentions—triple that of Cardano. The geographic reach of this content is notably diverse, with India emerging as a major hub; four of the top ten crypto creators are based there and stream primarily on YouTube. K1m6a is identified as the leading creator with 6.7 million hours watched. Beyond dedicated finance streams, crypto discourse has permeated gaming communities. Just Chatting is the top category for crypto mentions, but Escape from Tarkov and Fortnite lead among gaming titles. Furthermore, crypto integration is deepening in professional gaming, evidenced by high-viewership esports events like the 2025 Mid-Season Invitational, which secured major crypto-related sponsorships.

streaming market-analysis cross-platform+3

Stream HatchetNov 2024

Report

State of Web3 in Saudi Arabia

Saudi Arabia has emerged as the dominant hub for Web3 investment in the Middle East and North Africa, capturing 51 % of Q1 2024 venture‑capital funding with $429 million across 163 deals. This concentration reflects a supportive ecosystem that blends proactive government initiatives, a growing pool of local founders, and active participation from international investors. The market is presently skewed toward consumer‑facing applications such as DeFi, GameFi and SocialFi, while foundational protocol development remains limited, highlighting a clear opening for infrastructure builders. Founders of Saudi‑based Web3 ventures underscore the rapid maturation of the sector, citing high‑profile partnerships—including Animoca Brands with NEOM, collaborations with Hedera, and alignment with Vision 2030—as catalysts for growth. Yet they identify three persistent barriers: inadequate user‑friendly interfaces, insufficient public and investor education, and ambiguous regulatory frameworks that impede both builder activity and funding cycles. Sector‑specific use cases—blockchain‑enabled freelance payments, Sharia‑compliant insurance, and localized NFT platforms—are viewed as primary drivers of mass adoption. Government commitment reinforces this trajectory, with $37.7 billion earmarked for esports and $13.3 billion for gaming, complemented by sizable venture funds such as Wa’ed’s $500 million vehicle and 500 Global’s $2.4 billion under management. Notable projects illustrate tangible impact: Tharawat Green Exchange aims to plant ten million trees by 2030, while Ticket Souq has generated $3.3 million in gross merchandise value, serving 36 k users across 55 events in ten countries. Stakeholders agree that clear, supportive regulation, robust education, and targeted technology investment are essential to translate this momentum into sustainable, high‑pay‑off outcomes for the kingdom’s burgeoning gaming, fintech, e‑commerce and proptech sectors.

web3 blockchain investment+2

AdaverseJul 2024

Report

State of Web3 in Saudi Arabia: 2024 KSA Report

Saudi Arabia is rapidly establishing itself as a premier regional hub for Web3 innovation, propelled by the strategic objectives of Vision 2030 and a demographic profile characterized by a young, digitally native population. The Kingdom has secured a dominant position in the MENA venture capital landscape, capturing over 50 percent of regional funding in early 2024. This financial momentum is bolstered by robust government support, significant investments in gaming and esports, and a burgeoning startup ecosystem that is increasingly applying blockchain technology to sectors such as fintech, environmental sustainability, and secure ticketing. Despite this rapid expansion, the ecosystem faces structural challenges that must be addressed to achieve mass-market adoption. Industry stakeholders identify regulatory uncertainty, market volatility, and a persistent shortage of specialized talent as primary barriers to sustainable growth. Furthermore, the current technical complexity of decentralized applications remains a significant hurdle for the average user. Experts emphasize that for Web3 to integrate successfully into the broader economy, developers must prioritize the creation of intuitive, value-driven user interfaces that abstract away technical complexities, shifting the focus from decentralization for its own sake to practical, real-world utility. The long-term success of the Saudi Web3 sector depends on the continued alignment of technological development with national economic diversification goals. By fostering deeper collaboration between government regulators, academic institutions, and private industry, the Kingdom aims to create a stable and business-friendly environment. As the ecosystem matures, the transition from foundational infrastructure to sophisticated, user-centric applications will be critical in cementing Saudi Arabia’s status as a global leader in blockchain innovation and digital transformation.

web3 blockchain market-analysis+3

AdaverseJan 2024

Report

The State of Web3 Gaming 2024

The Web3 gaming market entered a phase of maturation in 2024, marked by a strategic pivot from rapid expansion to ecosystem stability. While new game announcements decreased by 36%, project discontinuations plummeted by 84%, signaling a more resilient landscape. Indie developers currently drive over 90% of new launches, though technical integration remains a significant hurdle, with only 34% of titles successfully incorporating blockchain infrastructure. To combat the inflationary failures of earlier economic models, the industry is shifting toward "Play-to-Airdrop" mechanics to foster more sustainable player engagement. Geographically, the APAC region and the United States remain the primary hubs for development, collectively hosting the majority of active teams. Genre dominance continues to favor RPG, Casual, and Action titles, which also attract the bulk of stabilized venture capital funding. A notable shift in distribution is underway as Telegram emerged as a powerhouse platform, capturing 21% of new game launches, while the Epic Games Store expanded its Web3 portfolio to nearly 100 titles. This evolution in accessibility is mirrored by a technical migration toward Layer 2 and Layer 3 solutions, which now account for 57% of new game launches. Infrastructure is becoming increasingly specialized, with 64% of new blockchains designed specifically for gaming. Although the Ethereum Virtual Machine ecosystem maintains its dominance, high-growth frameworks like Arbitrum Orbit and Immutable are driving a record number of migrations as developers seek more efficient environments. Despite a 200% surge in token launches, investors maintain a conservative outlook, prioritizing high-quality game content over foundational infrastructure. This growth occurs against a fragmented regulatory backdrop, where developers must navigate the rigorous enforcement of the U.S. SEC alongside more structured frameworks in Asia and the European Union.

market-analysis web3 blockchain+1

Game7 ResearchJan 2024

Report

Blockchain Game Alliance: State of the Industry 2024

The blockchain gaming sector is entering a phase of maturation characterized by a strategic pivot from speculative financial models toward high-quality, "fun-first" development. Player asset ownership remains the industry’s primary value proposition, cited by over 71% of professionals for four consecutive years. This shift is bolstered by the entry of traditional gaming giants such as Sony and Ubisoft, which provides necessary credibility to a field where 66.3% of practitioners still identify public misconceptions of scams as a major hurdle. While the industry faces a 42.7% decline in new hiring due to market uncertainty, professional sentiment remains resilient, with over 82% of workers intending to remain in the sector long-term. Geographically, the industry is expanding its footprint into the Middle East and South America, while Asia and Latin America lead in the adoption of player-reward mechanics. Despite this global reach, the sector continues to struggle with demographic challenges, including a lack of gender diversity and a decline in younger talent entering the workforce. Operationally, the most significant barriers to mainstream adoption are onboarding complexities and poor user experience, though the severity of these concerns has decreased significantly since 2023. Companies currently identify lack of funding and high user acquisition costs as their most pressing internal obstacles. Looking toward 2025, the industry is moving toward "invisible" Web3 infrastructure to prioritize seamless gameplay over technical complexity. Emerging trends include the rise of fully onchain games, the integration of artificial intelligence for personalized experiences, and the use of social platforms like Telegram to simplify user acquisition. As environmental concerns continue to fade, the focus has shifted toward sustainable "play-and-earn" economies and the consolidation of fragmented infrastructure. This evolution suggests a transition toward a more integrated gaming ecosystem where blockchain serves as a foundational layer for digital property rights rather than a standalone marketing feature.

market-analysis blockchain investment+1

Blockchain Game AllianceJan 2024

Report

State of Blockchain Gaming Q1 2023 Report

**Investment in Blockchain Games (Q4 2022 → Q1 2023)** | Quarter | Investment (USD) | Investment (Bn USD) | % Quarter‑over‑Quarter Change | |---------|------------------|----------------------|--------------------------------| | Q4 2022 | **≈ $654.5 million** | **≈ 0.655 Bn** | – | | Q1 2023 | **$739 million** | **0.739 Bn** | **+12.95 %** | **How the numbers were derived** - The report states that Q1 2023 saw a **12.95 % increase** over the previous quarter and that the Q1 2023 total was **$739 M**. - To back‑calculate the Q4 2022 figure: \[ \text{Q4 2022 Investment} = \frac{\text{Q1 2023 Investment}}{1 + 0.1295} = \frac{739\text{ M}}{1.1295} \approx 654.5\text{ M} \] - Converting to billions (1 Bn = 1,000 M): \[ 654.5\text{ M} \approx 0.655\text{ Bn} \qquad 739\text{ M} = 0.739\text{ Bn} \] **Key take‑away** - **Q1 2023** investment in blockchain gaming and metaverse projects reached **$739 M (0.739 Bn)**, marking a **robust 12.95 % quarter‑over‑quarter growth** from the **≈ $654.5 M (0.655 Bn)** invested in **Q4 2022**. This upward trajectory underscores the accelerating capital interest in the blockchain gaming sector.

market-analysis investment blockchain+1

DappRadarMar 2023

Report

2022 Blockchain Gaming Report: New Frontiers And The Path Forward

The blockchain gaming industry underwent a significant market correction in late 2022, signaling a transition from speculative "Play-to-Earn" (P2E) models toward more sustainable, gameplay-focused ecosystems. While unique active wallets stabilized at approximately one million, NFT transaction volumes fell 30% to $500 million, and major project market capitalizations plummeted by over 90%. Despite a 19% year-over-year decline in total deal value to $875 million in the third quarter, the sector saw a 2.6x increase in the number of funding deals. This shift indicates a move away from infrastructure-heavy "picks and shovels" investments toward seed-stage funding for game studios and user-friendly wallet solutions. The collapse of unsustainable economic designs has catalyzed a pivot toward "Free-to-Own" (F2O) and "Play-and-Own" (P&O) models. These frameworks prioritize fun-first gameplay and lower entry barriers by offering free initial digital assets, moving away from the yield-focused mechanics that previously dominated the space. This evolution is supported by a significant talent migration from traditional AAA and mobile gaming companies, which is professionalizing development and introducing more sophisticated tokenomics. Furthermore, the industry is expanding its reach through casual genres and the integration of established intellectual properties from major Asian studios like Square Enix and SEGA. Mass adoption efforts are increasingly focused on distribution and technical scalability. Notable milestones include the launch of blockchain titles on mainstream platforms like the Epic Games Store and the clarification of NFT guidelines within the Apple App Store. However, the industry faces ongoing challenges, including a crisis in the gaming guild model and intensifying regulatory scrutiny. As the SEC investigates major entities regarding the classification of digital assets as securities, developers are balancing innovation in on-chain mechanics and AI-driven content with the need for compliance in an increasingly complex global legal landscape.

market-analysis blockchain nft+2

CMC ResearchOct 2022

Report

Blockchain Industry Report: October 2022

The analysis evaluates the health and dynamics of the blockchain ecosystem during October 2022, revealing a sector in transition marked by divergent growth patterns across applications, platforms, and asset classes. Overall user engagement rose, with unique active wallets for decentralized applications increasing 6.8 percent to just over two million, driven primarily by explosive adoption on Arbitrum, Optimism and a dramatic surge on NEAR following its partnership with Google Cloud. By contrast, the gaming segment and Ethereum’s core wallet base contracted, falling 2 percent and 4.5 percent respectively, underscoring a shift of activity toward emerging layer‑2 solutions. DeFi continued its rebound, with total value locked climbing 5.3 percent to $83 billion, though Ethereum retained a dominant 62 percent share of that capital. New entrants also made notable strides; the Aptos token achieved a $1 billion market capitalization within two weeks, entering the top‑50 cryptocurrencies, while Dogecoin posted the strongest price appreciation of the month at 50 percent. NFT markets displayed mixed signals: trading volume and sales declined 30 percent month‑on‑month, yet the number of unique NFT traders grew 18 percent to 1.11 million, and Polygon’s NFT volume surged 770 percent, largely propelled by Reddit‑hosted collections. Security vulnerabilities remained a critical concern, with cross‑chain bridges accounting for 82 percent of the month’s $3.57 million in exploit losses, including high‑profile attacks on Mango Markets, TempleDAO, the QANX bridge and Rabby Swap. The combined effect of rapid user migration, uneven asset performance, and persistent bridge exploits highlights both the growth potential and the systemic risk factors shaping the blockchain industry at the close of 2022.

market-analysis blockchain nft+1

DappRadarOct 2022

Report

Blockchain Industry Report: August 2022

This analysis examines the state of the decentralized application (dapp) and blockchain industry during August 2022. The report highlights a period of significant volatility characterized by a 14.73% year-over-year decline in daily Unique Active Wallets (UAW), which reached a yearly low of 1.67 million. Despite the prevailing bear market and a series of high-profile security breaches—including the $190 million Nomad bridge exploit and the Solana wallet hack—the industry showed pockets of resilience, particularly within Ethereum scaling solutions and the gaming sector. The Decentralized Finance (DeFi) sector experienced a 10.47% contraction in Total Value Locked (TVL), falling to $74.21 billion. This decline was exacerbated by U.S. sanctions against Tornado Cash, which sparked industry-wide debates regarding the true nature of Web3 decentralization. Conversely, Ethereum Layer-2 protocols like Optimism and Arbitrum saw growth in anticipation of "The Merge," with Optimism entering the top ten blockchains by TVL. While the gaming sector’s dominance of industry usage dipped slightly to 51%, it remained the primary driver of blockchain activity with over 847,000 daily UAW. The NFT market faced downward pressure, with UAW dropping 16.7% to its lowest level since mid-2021. Trading volumes decreased by 5% month-over-month, influenced by the falling price of Ethereum and liquidation fears surrounding major collections like Bored Ape Yacht Club. However, the report notes structural evolution in the marketplace, specifically the rise of the Automated Market Maker (AMM) model via SudoSWAP and continued interest from traditional brands like Mars and Tiffany & Co. The findings suggest that while macroeconomic uncertainty and security vulnerabilities persist, the underlying infrastructure continues to mature through technical milestones and diversifying use cases.

market-analysis blockchain web3+1

DappRadarAug 2022

Report

Global Gaming Report H1 2022

The first half of 2022 marked the most active period in the history of the gaming industry, characterized by unprecedented consolidation and record-breaking investment levels. Total deal value exceeded $107 billion across 651 transactions, with mergers and acquisitions accounting for $95 billion of that total. This surge was primarily driven by massive strategic consolidations, most notably Microsoft’s acquisition of Activision Blizzard and Take-Two’s purchase of Zynga. While the public markets faced significant headwinds and valuation corrections, the private sector remained resilient, securing $7 billion in financing across nearly 500 deals. Blockchain gaming and metaverse infrastructure emerged as the dominant catalysts for growth, representing over half of all financing transactions in the second quarter. This sector attracted more than $2.2 billion in funding, supported by the launch of multi-billion dollar funds from major venture capital firms. Despite the robust private activity, public gaming stocks largely underperformed, leading to a shift in investor focus toward high-quality, profitable targets. The absence of activity in the IPO and SPAC markets further underscored a transition toward private equity and strategic M&A as the primary vehicles for industry movement. The industry landscape is currently defined by a divergence between aggressive private investment and cautious public market sentiment. As valuation multiples adjust to new economic realities, the sector is positioned for a second half of the year focused on opportunistic acquisitions and potential take-private transactions. The continued integration of Web3 technologies and the entry of massive capital reserves suggest that while the pace of "mega deals" may fluctuate, the fundamental restructuring of the gaming ecosystem toward a consolidated, blockchain-integrated future remains the central trajectory for the global market.

market-analysis mergers-acquisitions investment+3

Drake Star PartnersJul 2022

Report

DappRadar Blockchain Industry Report: Highlights of July 2022

The July 2022 DappRadar Blockchain Industry Report analyzes the state of the decentralized application ecosystem during a significant market downturn. The findings indicate that while the broader crypto industry remains trapped in a bear market influenced by the collapse of Terra and macroeconomic pressures like U.S. inflation, specific sectors—most notably blockchain gaming—demonstrate remarkable resilience. The report covers global trends across decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming, utilizing data on Unique Active Wallets (UAW) and Total Value Locked (TVL) to measure health and engagement. Data shows that dapp activity reached a yearly low in July with 1.68 million daily UAW, a 4% decrease from June. DeFi was the hardest-hit segment, with UAW dropping below 500,000 for the first time since early 2021. Despite this, DeFi TVL saw a 22% recovery during the month, rising to $82.3 billion, led by growth on Ethereum, BNB Chain, and Tron. The report also highlights the continued "crypto contagion" following the Celsius Network bankruptcy filing, which has increased calls for international regulatory frameworks like the EU’s MiCA. The NFT market experienced a contraction, with monthly trading volume failing to reach $1 billion for the first time in over a year. Market dynamics are shifting as OpenSea’s dominance fell from 84% in May to 58.6% in July, facing increased competition from new entrants like the GameStop and Nickelodeon marketplaces. Conversely, the gaming sector emerged as a primary industry driver, accounting for nearly 60% of all dapp usage. With nearly 1 million daily UAW, blockchain games grew 8% month-over-month, suggesting that immersive mechanics and venture capital interest are insulating the segment from the prevailing "crypto winter."

market-analysis web3 blockchain+2

DappRadarJul 2022

Report

The Metaverse, Blockchain Gaming, and NFTs: Navigating the Internet’s Uncharted Waters

The metaverse represents a fundamental shift from a two-dimensional internet toward a persistent, three-dimensional social ecosystem driven by gamified virtual spaces. This evolution is currently led by "game as a platform" models, most notably Roblox, which leverages tens of millions of daily active users to host diverse commercial and social experiences. While major global brands in fashion, luxury, and finance are increasingly investing in "direct-to-avatar" economies and digital real estate to reach younger, digital-native demographics, the sector faces significant economic and technical hurdles. High developer take rates, consistent net losses among platform leaders, and networking limitations that prevent massive simultaneous user scaling remain primary obstacles to long-term growth. The integration of blockchain technology and non-fungible tokens (NFTs) has introduced new economic paradigms, such as the "Play-to-Earn" model. Although these games accounted for nearly half of all decentralized application wallet activity by late 2021, their growth is largely concentrated in emerging markets where users treat gaming as an income-generating activity. The sustainability of these ecosystems is currently challenged by high entry barriers and a prioritization of financial speculation over core gameplay quality. For the industry to mature, it must transition toward higher-quality experiences and more robust virtual economies that offer genuine utility beyond profile-picture status symbols. Mass adoption of these decentralized virtual worlds is currently constrained by technical and regulatory friction. Interoperability across different platforms remains a theoretical goal rather than a functional reality, while high transaction fees on networks like Ethereum and environmental concerns create additional barriers. Furthermore, the industry must navigate complex legal landscapes regarding digital privacy, content moderation, and the protection of intellectual property. Despite a cooling of initial market hype following a crypto correction in 2022, the long-term trajectory points toward a transmedia future where digital assets and virtual identities are central to global commerce and social interaction.

market-analysis blockchain nft+3

NewzooJan 2022