Amidst crypto struggles and a global recession, p2e gaming is still thriving. - web3 blockchaingaming
, on the other hand, deployed $150 million to acquire AAA-quality games for the platforms, on the heels of unlocking $2.2 billion in P2E revenue in 2021 for its players. Jason “BitBender” Brink, the president of blockchain at Gala, was quoted saying, “I think we are the first company in history that has given away more money than we made.” With numbers like these, it’s easy to understand why P2E and NFT gaming are unstoppable forces.
Yes, the current economy is hitting crypto even harder because it’s newer, riskier, and more volatile—but it’s hitting everyone, and it’s not going away anytime soon. So instead of wallowing in despair from the constant stream of bad economic news, we can keep an eye out for news that shows where this inevitable future of tech is going.
While the naysayers nay, innovators can look around at their peers, and see some incredible projects in the works. As President Theodore Roosevelt said, “it’s not the critic that counts, the credit belongs to the man in the arena.” Nowhere is that more true than in the innovation space. Like Schrodinger's cat, the Metaverse is simultaneously here, and it’s coming. There is no telling where it will end up—all we know is that it’s going at tremendous speeds.
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