Skip to Main Content
Lawrence National Centre for Policy and Management

Blockchains, Cryptocurrencies, & NFTs in the Gaming Industry: A tale of two worlds

Jun 20, 2023

Screenshot 2023 10 13 At 3.11.16 PM

The ever-growing gaming industry is at a tipping point of mass blockchain adoption. Based on public and secondary data analysis, we show that the gaming industry is shifting toward Web 3.0, which could significantly affect its practices and business models. Aligned with this change, big gaming companies have launched new technologies associated with Web 3.0, such as NFTs and cryptocurrencies. The sector’s reaction could indicate the society’s response to including cryptocurrencies and NFTs in an increasing number of industries. The report further outlines some implications for the future of the industry and the rest of society.

Click to access the full brief