What Attracts Investors to Blockchain Gaming?

For one particular industry, the latter adjective isn't figurative at all, because blockchain can do just that - change the gaming market.

Investors don't want to be simple observers and are jumping on the blockchain gaming bandwagon.

Blockchain can help developers remove grey market trading of in-game assets - game developers have designed their games to be closed ecosystems, which ensures that any value inputted into the game cannot be extracted.

Blockchain enables projection of value to intangible assets - everyone realized the close interaction between DLT and gaming when CryptoKitties came out on Ethereum.

Blankos is projected to be the biggest launch of a blockchain-enabled game to date, accessing the wider gaming communities on PC, console and mobile.

Blockchain can help developers reach higher engagement rates and improve the Average Revenue Per Paying User - NFT's can be used to increase player engagement and improve the ARPPU. Game publishers have been noticing that blockchain-enabled games produce much higher ARPPU metrics due to the greater perceived value by the user.

Contributing to market growthThe gaming market is huge, and blockchain has attracted many investors who are now driving the industry's expansion to new levels.

This, in turn, attracts investors, many of whom are looking specifically for gaming firms that adopt DLT.Some prominent blockchain-oriented investors have been including gaming firms in their portfolios.

Elsewhere, Galaxy Digital recently took part in a funding round held by Immutable, a Sydney-based blockchain gaming startup.

All in all, blockchain-oriented institutional investors don't want to stay aloof from the rapid growth of the gaming space.