According to reports, the top three locations for play-to-earn games are India, Hong Kong, and the United Arab Emirates.
According to a recent Finder research, 34% of Indian respondents had participated in a play-to-earn (P2E) game. Hong Kong came in second (29 percent), with the UAE coming in third (27 percent).
India is at the forefront of the P2E universe.
According to Finder’s NFT Gaming Adoption Report, play-to-earn games have become a very popular niche for consumers all over the world. The findings revealed that men under the age of 35 are more likely to contact with the NFT gaming business.
India is the global top, with every third respondent admitting to playing a P2E game. Hong Kong, China’s special administrative area, comes in second with 29 percent.
The UAE, which is heavily involved in the crypto sector, came in third, with almost 27 percent of those asked claiming they had played such games.
France and Sweden came in last place, with 6% and 4%, respectively.
Blockchain game investments are increasing.
Another recent DappRadar report found that blockchain-based games raised $2.5 billion from investors in the first quarter of 2022. Total investments could approach $10 billion, according to the aggressive prediction (assuming the current pace maintains).
Yuga Labs and Immutable-X are two famous examples of such financings. The former is the studio responsible for the NFT collection Bored Ape Yacht Club (BAYC). It secured a $450 million financing led by Andreessen Horowitz two months ago.
Immutable-X (home to two of the most popular blockchain games, Gods Unchained and Guilds of Guardian) raised $200 million. As a result, its market capitalization increased to $2.5 billion.
The most appealing games for the player base were Splinterlands, Alien Worlds, and Crazy Defense Heroes.