Blockchain Gaming Is Here To Stay, But, Is The Industry Facing Talent Scarcity?
16 November 2021 - 11:07PM
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Some say that blockchain gaming will inspire the next wave of
cryptocurrency adoption. Play-to-earn games are certainly
ever-present in headlines and conversations around the world. Are
they close to mainstream adoption? Not in the slightest. The
industry is just beginning and there’s a long way to go. The
companies producing the games are well funded and make incredible
amounts of money. However, they don’t seem to have that many
employees. Related Reading | The 100x ROI for Gamezone’s $GZONE
Confirms the Viability of Blockchain Gaming Besides being a nascent
industry, blockchain gaming production requires a special set of
talents that are not commonly found. This presents an immense
opportunity for young students and people looking to pivot and make
a career change. Since monetization is built in the ecosystem,
chances are blockchain gaming is here to stay. And you can be a
part of it. Let’s look at the numbers and you’ll see what we
mean. How Big Is The Blockchain Gaming Market? In his report
titled “Blockchain Gaming Beginnings: From Crypto Craze To
Decentralized Fun,” author Joost Van Dreunen offers concrete
numbers to us: How many people are playing? “Total
addressable audience for blockchain gaming is still in its infancy.
Mobile, PC, and console total 1.49 billion monthly actives.” What
devices are they using? “The platform of choice is PC, which
includes browser-based (40% of total titles), local clients for
Windows (16%) and Mac (6%), and Linux (3%)” What blockchains are
they interacting with? “The most popular blockchain is WAX (36%),
based on an aggregation of top titles organized by protocol.
Ethereum (10%) is much less prominent.” However, “The success of
Alien Worlds, which counted 1 million users in August, 2021, almost
single-handedly accounts for the success for WAX.” “There is a
massive difference in popularity among the top titles: Alien Worlds
has 59x more players than the #15, Zoo – Crypto World.” WAX price
chart on Bitfinex | Source: WAX/USD on TradingView.com What Else Do
We Know About The Blockchain Gaming Market? We found even more data
for you, let’s dive into the Unique Active Wallets, courtesy of
Naavik’s Blockchain Games report: Believe it or not, “DappRadar
notes that games accounted for over half of blockchain wallet
activity in the third quarter.” Not only that, “blockchain gaming
daily unique active wallets (UAWs) averaged 1.2 million in October
2021 or up 44% compared to September.” Let’s dive deeper into those
numbers. “The growth in UAW over the past month has mostly been
driven by growth in Axie Infinity and Splinterlands wallet
activity, which have increased 24% and 57%, respectively.” This one
mirrors the previous report. “The top title by monthly UAWs, Alien
Worlds, has 10x the activity as the number ten title, Jelly
Squish.” September 2021 saw a decline in blockchain gaming, but the
numbers are once again looking impressive. “Trading volumes grew
762% quarter-over-quarter in Q3 2021 to $2.32 billion.” What’s All
That Noise About A Talent Shortage? The wildest stat in Van
Dreunen’s report is the number of employees the most successful
firms in the space function with. Dapper Labs employs 242, Mythical
Games 123, The Sandbox 94. Projects that are on the news all the
time suffer the same fate, Decentraland has 52 employees and Open
Sea 43. Compare that to, “to 9,500 f/t employees at Activision
Blizzard, 11,000 at Electronic Arts, 6,495 at Take-Two Interactive,
and 960 at Roblox.” While we could interpret that the data reveals
we’re dealing with efficient companies, Van Dreunen thinks
otherwise. “A year-over-year increase of +102% in headcount across
top blockchain game devs indicates that talent is likely to become
a major bottleneck in search of the killer app.“ It may be so, but,
that was until NewsBTC published this article. Young people reading
this will realize the immense opportunity it represents and will
take the appropriate measures. Related Reading | Blockchain Gaming
Enthusiasts Can Now Swap ATRI Tokens Faster And Cheaper Remember
that, besides in-game monetization, these companies raise money for
new projects constantly and with ease. That means, “Abundant
investment money will force firms to compete on hiring experienced
developers, engineers, and producers in the short term.” They’re
dying to hire you. Go and get the necessary knowledge, this story
is just starting. Featured Image: Matryx on Pixabay | Charts by
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