There has been a lot of discussion around crypto gaming and whether or not it will be viable. Last cycle we saw the rise of Axie Infinity that sparked a gaming boom as play to earn was going to change everything. This time around things are shaping up a bit different.
We have yet to have the lightbulb moment that Axie provided last cycle, but what we do have is a lot more industry veterans and gaming studios that have been building for years now. If last cycle is any indication (and I believe it 100% is) then we should start to see this sector develop and get some attention as we move through 2024 and into 2025.
Gaming, along with NFT’s, and the Metaverse blew up in the final stages of the 2021 market. Therefore, they were also the last to bottom and will likely again be the last to get going as this cycle heats up. I have no doubt that all of these sectors will recover although not all projects will survive. This time around new winners will emerge and new innovation will push the space forward.
2021 brought attention to the web3 gaming space and in particular got the attention of many gaming industry veterans. Now that the sector has attracted serious talent, been through a full cycle, and has years of development in progress we should see some serious contenders this cycle.
One game in particular is bringing the best minds in crypto together with the best builders in the gaming world. We know that to be successful in crypto, it requires several factors to come together in the perfect storm. That’s what I believe this project has. Brought to us by the minds behind FIFA and HALO, partnered with the likes of EA, Valve, Disney, and XBox, and backed by some of the brightest minds in crypto along some of the deepest pockets we have another 100x potential gaming project.