Statistics
Here is evidence from existing articles and reliable sources on the projection and current market statistics that would be relevant to the market we intend to launch into.
As we can see from the graph above, the NFT & Crypto market is going at an exponential rate with a CAGR of 29.5%. This is why we have opted to integrate NFTs as in-game assets, as we see it as the future of peer-to-peer multiplayer gaming. We can be ahead of the curve by allowing assets to be individually created on the blockchain as NFTs, also consideration has to be given to the gaming market itself and its current climate given current affairs. In conjunction with the gaming market itself has a 2021 market cap of $138 billion, and during the lockdowns of recent years, the gaming market has seen a boom. By 2025, it is expected to be at $256 billion and by 2030 to be at $1,274 billion. Therefore, according to forecasts, we expect both of the expanding markets to work in unison allowing for ours and other metaverses to take the centre stage in gaming.
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