Daily BriefsUnited States

Daily Brief United States: NFT and more

In today’s briefing:

  • The Year Ahead For Gaming 2024 (Executive Summary)


The Year Ahead For Gaming 2024 (Executive Summary)

By Gerryl Pay

  • Blockchain gaming peaks industry interest with unprecedented content quality. With the combined market cap of almost 200 leading projects being less than DOGE, there is ample room for future growth.
  • In 2023, 133 deals closed, securing $1.1B in funding, marking a 66% drop from 2022. Anticipating a reversal in the next ~6 months due to increased attention and capital.
  • High Web3 project costs drive competition for <1M gaming-inclined wallets. A battle for player liquidity will favor projects with versatile user bases, efficiently funneling between games for market dominance.

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