According to insights provided by NewZoo, in two years cryptocurrency and blockchain technology in the gaming sector is expected to become a $143 billion global industry. Today, digital gaming accounts for 87 percent of the industry’s $108.9 billion annual revenue.
According to the global blockchain technology, blockchain gaming will reach $339.5 million by the end of 2018, and grow further to a whopping $2.3 billion by 2021.
The global blockchain technology market is predicted to reach $339.5 million in size this year and is forecasted to grow to $2.3 billion by 2021. However, at the same time, it is estimated that the value of the virtual item market is currently at $70 billion with only 2.5% of the more than 2 billion gamers currently paying for virtual goods.
Our CEO discusses the journey of Host Games in IBC. He explains how the event has helped us find potential investors and also talks about his journey in the field of blockchain.
Seth Schorr, CEO of Fifth Street Gaming and Chairman of Downtown Grand Las Vegas, will bring his hospitality, casino management, and gaming expertise to Host Games.
Cheating has long prevailed in online gaming. With incorporating blockchain companies are able to deal with this better and thereby guarantee Secure and a more transparent environment.