Bitcoin News and Finance
Study: India Leads the World in NFT Gaming, Fewer P2E Players in Western Countries Skip to main content

Study: India Leads the World in NFT Gaming, Fewer P2E Players in Western Countries

India is the global leader in non-fungible token (NFT) gaming, while the number of play-to-earn (P2E) players in developed countries like the U.S. and France is significantly lower than in much of the rest of the world, the latest data from Finder has shown.

More People Plan to Play in the Future

According to Finder’s latest NFT gaming statistics, India is the country with the highest number of respondents (34%) that have played a P2E game. Hong Kong is the next highest country with 29%, while the United Arab Emirates is third with 27%.

Study: India Leads the World in NFT Gaming, Fewer P2E Players in Western Countries

While the popularity of P2E games appears to be growing, data from Finder seemingly show a distinction in the level of interest between respondents from Western countries and the rest of the world. To illustrate, in the United States, where nearly 14% of the respondents said they know what P2E is, only 9.4% played at least one game. Only 4.3% of respondents in Sweden admitted to having played.

However, in the study wherein Finder sought to determine the NFT gaming habits of internet users in 26 countries, the research firm said it found that more respondents in the U.S. plan to play in the future. Remarking on the scale of the expected growth in the number of U.S. residents that plan to play P2E games in the future, Finder said:

That figure is expected to increase 1.8 times by the end of 2022, with the percentage of people in the US expected to hit 16.5%.

In France, where only 6% of the respondents have played a P2E game, the figure is expected to rise to 15%. The other big movers are Peru (going from 13% to 29%) and Spain (8% to 17%).

Nigeria Leads Africa

Meanwhile, the survey also found respondents under the age of 35 to be leading the way in NFT gaming. India again leads in this category with 41.7% while Germany, Sweden, and France all had less than 10%.

In Africa, only respondents from two countries — namely Nigeria and South Africa — took part in the study. In Nigeria, 16% of the respondents said they played a P2E game and a further 16.9% plan to do so in the future. In South Africa, about 10.2% said they played an NFT game while 10.6% plan to do the same in the future.

What are your thoughts on this story? Let us what you think in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory