BTC $77,818.00 (-0.37%)

ETH $2,319.84 (-0.70%)

XRP $1.41 (-1.27%)

BNB $627.30 (-0.85%)

SOL $85.22 (-1.51%)

TRX $0.33 (+0.72%)

DOGE $0.10 (-0.73%)

HYPE $42.39 (+2.94%)

LEO $10.36 (+0.78%)

ADA $0.25 (-2.53%)

BCH $447.62 (-1.14%)

XMR $392.39 (+1.02%)

LINK $9.32 (-1.61%)

ZEC $357.38 (+0.71%)

CC $0.15 (-0.91%)

XLM $0.17 (-2.54%)

M $4.13 (-6.75%)

LTC $55.37 (-1.73%)

AVAX $9.26 (-2.47%)

HBAR $0.09 (-2.16%)

BTC $77,818.00 (-0.37%)

ETH $2,319.84 (-0.70%)

XRP $1.41 (-1.27%)

BNB $627.30 (-0.85%)

SOL $85.22 (-1.51%)

TRX $0.33 (+0.72%)

DOGE $0.10 (-0.73%)

HYPE $42.39 (+2.94%)

LEO $10.36 (+0.78%)

ADA $0.25 (-2.53%)

BCH $447.62 (-1.14%)

XMR $392.39 (+1.02%)

LINK $9.32 (-1.61%)

ZEC $357.38 (+0.71%)

CC $0.15 (-0.91%)

XLM $0.17 (-2.54%)

M $4.13 (-6.75%)

LTC $55.37 (-1.73%)

AVAX $9.26 (-2.47%)

HBAR $0.09 (-2.16%)

NFT Gaming Revenue In Q3 Surpassed $2 billion: Report

• Published hace 4 años on December 22, 2021 •

Hassan Maishera

A new report has revealed that NFTs in the gaming sector recorded a trading volume of $2.3 billion in the third quarter of 2021.

A report published by the Blockchain Gaming Alliance revealed that nonfungible tokens (NFTs) generated $2.3 billion in revenue for the gaming industry in the third quarter of the year.

The total NFT trading volume for Q3 was over $10 billion and the gaming industry accounted for more than 22% of it, the report added. Metaverse-related activity was also mentioned in the report, revealing that virtual land sales surpassed $42 million in the previous quarter.

Micro-transactions and in-game purchases have created a multi-billion dollar gaming industry that could tap into NFTs and blockchain technology.

Next article Litecoin Hit by Coordinated MWEB Exploit Triggering Chain Reorg and Double-Spend Attacks

Author

Read Hassan Maishera's articles →

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

Editorial Standards Corrections & Retractions Policy About