Gaming = $2.1 Trillion Market Cap. Today, the public market valuation of all video gaming companies is $2.1 trillion. This is 2.4% of the ~$87 trillion in global GDP. The game industry’s value is often cited in relation to revenue generation.
It’s commonly said that the web3 gaming industry is the next big thing, which it is; but who’s to say it’s not going to 2x, but rather 100x?
Crypto gaming is gaming but with a caveat; the caveat being that you can also earn money from it. In traditional games, the time you spend holds entertainment value but no monetary return. In crypto games, every hour played has the potential to generate financial upside. That shift from time spent to time invested is why $14B today might look tiny tomorrow.
When you zoom out, $14B represents less than 1% of the traditional gaming market cap — If crypto gaming even captures 10% of that $2.1T market, you’re looking at $210B. That’s a 15x from here. And that’s not even accounting for the fact that web3 gaming unlocks new revenue models! trading skins on-chain, player-owned economies, decentralized esports, NFT rentals, and tokenized guilds. These aren’t “features’ they’re entirely new industries that can stack on top of gaming itself!
The $14B valuation isn’t the ceiling. It’s the floor we’re standing on.
English: https://medium.com/coinmonks/why-is-crypto-gaming-worth-14b-59d80162efba
