The Blockchain Game Alliance has recently published its yearly State of the Industry Report for the fourth year in a row. The report, gathered from responses from member companies and individuals, provides insights into the industry’s evolution in 2024 and future trends for 2025.
According to the report, 71% of blockchain companies still view asset ownership as the main advantage of blockchain technology in gaming. Additionally, the ability to reward players, known as play-to-earn, play-and-earn, or play-to-airdrop, continues to be a significant benefit.
In terms of challenges, 54% of respondents highlighted onboarding and user experience as the main hurdles, a decrease from 80% in 2023, showcasing improvements in this area. The report, conducted by Emfarsis, received 623 valid responses, an 18% increase from the previous year.
Moreover, more than half of the respondents identified themselves as industry professionals, while the percentage of respondents with expertise in blockchain or cryptocurrency decreased to 11% in 2024 from 22% in 2023.