The Asia-Pacific Region Is Home to Most Web3 Game Developers

The Asia-Pacific region leads in Web3 game development with 40%, followed by North America at 30%, while half of the new Web3 games in 2023 were from Asia.

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The United States and South Korea played a significant role in Web3 gaming, with 30% and 27% of new gaming teams respectively.

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The US is the largest market for Web3 game developers at 30%, followed by South Korea, the UK, Singapore, Vietnam, and Australia.

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Investment in the Web3 gaming sector reached $19 billion, stabilizing in 2023, with indie and midsize projects constituting 94% of the ecosystem.

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Most Web3 games are free-to-play (69%), with 26% requiring specific NFTs for access; application-specific blockchain networks saw significant growth in 2023.

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The Asia-Pacific Region Is Home to Most Web3 Game Developers

The Asia-Pacific region leads in Web3 game development with 40%, followed by North America at 30%, while half of the new Web3 games in 2023 were from Asia.

The United States and South Korea played a significant role in Web3 gaming, with 30% and 27% of new gaming teams respectively.

The US is the largest market for Web3 game developers at 30%, followed by South Korea, the UK, Singapore, Vietnam, and Australia.

Investment in the Web3 gaming sector reached $19 billion, stabilizing in 2023, with indie and midsize projects constituting 94% of the ecosystem.

Most Web3 games are free-to-play (69%), with 26% requiring specific NFTs for access; application-specific blockchain networks saw significant growth in 2023.

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