The Blockchain Gaming Alliance (BGA) has released its 2024 report, emphasizing notable advancements within the blockchain gaming landscape over the past year. This comprehensive document provides essential insights into the industry’s expansion, challenges, and future trajectory for stakeholders.
How is the Professional Landscape Shifting?
A pivotal finding in the report is the increasing influx of professionals transitioning from traditional gaming into blockchain gaming. Previously dominated by individuals with cryptocurrency backgrounds, the current ratio shows that 52.5% of newcomers now have experience in conventional gaming, a significant rise from 34.2% in the prior year. BGA President Sebastien Borget noted this trend as a vital step towards fostering innovation and creativity within the sector.
What Challenges Does the Sector Face?
The BGA report highlights ongoing challenges, particularly the underrepresentation of women, with only 17.3% of participants being female. Borget promised continuous efforts to tackle this disparity. Moreover, onboarding processes are improving, with a 20% decrease in perceived difficulties, making it easier for newcomers to engage with blockchain games.
Key takeaways from the BGA report include:
- 52.5% of new entrants come from traditional gaming backgrounds.
- Only 17.3% of participants are women, highlighting the need for greater diversity.
- Onboarding difficulties have decreased by 20%, facilitating easier access for new users.
- AI is becoming an essential tool in game development.
As the GameFi sector embarks on 2024, the combination of increased diversity and technological advancements is set to create an exciting environment. Stakeholders eagerly anticipate how these developments will influence the gaming industry in the coming months.