• Blockchain Gaming Is Here to Stay, But Is There a Talent Shortage in the Industry?

  • Some believe that blockchain gaming will be the catalyst for the next wave of cryptocurrency adoption. Play-to-earn games are certainly in the news and on people’s minds all over the world. Are they on the verge of becoming widely accepted? Not in the least. The industry is just getting started, and there is still a long way to go. The companies that make the games are well-funded and make enormous sums of money. However, they do not appear to have a large workforce.

    Aside from being a nascent industry, blockchain gaming production necessitates a unique set of skills that are not commonly found. This is a fantastic opportunity for young students and those looking to pivot and change careers. Because monetization is built into the ecosystem, blockchain gaming is likely to be here to stay. And you can take part in it. Let’s take a look at the numbers to see what we mean.

    What Is the Size of the Blockchain Gaming Market?

    Author Joost Van Dreunen provides us with concrete numbers in his report titled “Blockchain Gaming Beginnings: From Crypto Craze To Decentralized Fun.”

    • How many people are taking part? “Blockchain gaming’s total addressable audience is still in its infancy.” “Monthly actives on mobile, PC, and console total 1.49 billion.”
    • What are the devices they’re using? “The PC is the preferred platform, with browser-based titles accounting for 40% of total titles, local clients for Windows (16%), Mac (6%), and Linux (3%).”
    • With which blockchains are they interacting? “WAX (36 percent) is the most popular blockchain, according to an aggregation of top titles organized by protocol.” Ethereum (10%) has a much lower profile.”
    • However, “the success of Alien Worlds, which had 1 million users in August 2021, almost entirely accounts for WAX’s success.”
    • “There is a 59x difference in popularity among the top titles: Alien Worlds has 59x more players than Zoo – Crypto World.
    What Else Do We Know About Blockchain Gaming?
    • We discovered even more information for you, so let’s take a look at the Unique Active Wallets, courtesy of Naavik’s Blockchain Games report:
    • “DappRadar notes that games accounted for over half of blockchain wallet activity in the third quarter,” believe it or not.
    • Furthermore, “blockchain gaming daily unique active wallets (UAWs) averaged 1.2 million in October 2021, representing a 44 percent increase over September.”
    • Let’s dig a little deeper into those figures. “The increase in UAW over the past month has been primarily driven by increases in Axie Infinity and Splinterlands wallet activity, which have increased by 24% and 57%, respectively.”
    • This report is a duplicate of the previous one. “Alien Worlds, the top title by monthly UAWs, has ten times the activity of Jelly Squish, the number ten title.”
    • The month of September 2021 saw a decrease in blockchain gaming, but the figures are once again impressive. “Trading volumes increased 762 percent quarter over quarter to $2.32 billion in Q3 2021.”
    What’s the Big Deal About a Talent Shortage?

    The most bizarre statistic in Van Dreunen’s report is the number of employees employed by the most successful firms in the space. Dapper Labs has 242 employees, Mythical Games has 123, and The Sandbox has 94. Projects that are constantly in the news face the same fate; Decentraland has 52 employees and Open Sea has 43. In comparison, “Activision Blizzard has 9,500 full-time employees, Electronic Arts has 11,000 employees, Take-Two Interactive has 6,495 employees, and Roblox has 960.”

    While we could interpret the data to mean that we’re dealing with efficient businesses, Van Dreunen believes otherwise. “A year-over-year increase in headcount across top blockchain game developers of +102 percent indicates that talent is likely to become a major bottleneck in the search for the killer app.” It could be true, but only until NewsBTC published this article. Young people who read this will recognize the enormous opportunity it represents and will take the necessary steps.

    Remember that, aside from in-game monetization, these companies are constantly and easily raising funds for new projects. That is, “ample investment money will force firms to compete in the short term on hiring experienced developers, engineers, and producers.” They are desperate to hire you. Get the information you need because this story is just getting started.

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