Medium shot of a boy playing with a first-person shooter video game

Play-to-earn games are fueling current Crypto Bullish Trend

It’s hard to believe, but reports from Cointelegraph making the rounds have identified play-to-earn games as one of the catalysts behind the current bullish run the crypto industry is experiencing.

This discovery has shown how vital play-to-earn games are to the cryptocurrency ecosystem, and the union could grow even more in the coming years.

Statista record for the video gaming market shows that the industry is currently worth around $178 billion and is projected to hit $268.8 billion by 2025.

Teenager playing games on PC (Via Unsplash)

The emergence and success of blockchain gaming companies has further increased the consumers’ craving for the product (play-to-earn games).

Game creators have struck a gold mine by offering people a chance to earn rewards in the form of cryptocurrencies while having fun. 

The crypto industry is the better for it as the appetite for these play-to-earn games continue to fuel the bull’s onslaught against the bear even as game creators rake in millions of profits. 

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About Godwin

Godwin is a multi-faceted writer. He covers the latest and most significant news in the crypto industry for Newsbsc. Aside from his work here, he writes exceptional SEO optimized web contents for other websites in different sectors.

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