The Asian side, which has a large share in the Web3 game industry, continues its activities on Web3 technology.
A report by DappRadar, one of the well-known names of analytical platforms, published on April 13, attracted great attention by addressing the data in the Asian market. The report, which states that 55 percent of the world’s players are in the Asian market, also emphasizes the importance that the Asian market attaches to Web3 technology. The Asian market, which stands out with its Web3 studies globally, has gained more value for the sector with the latest published reports. The intensification of activities in this field by various companies in the recent period has been one of the biggest factors that helped the development of the Web3 market.
Asian Market’s Web3 Reports Published
According to a report by DappRadar, Asia is home to 1.7 billion players and contributes over $72 billion in annual gaming revenue, making it a critical market. The Asian market, which has 55 percent of the players in the world, continues its development in statistics.
According to DappRadar, China, Japan and South Korea are the dominant countries of the gaming industry in Asia and are home to 62 of the world’s top 100 gaming companies by market capitalization. It’s also home to more than half of global gaming revenue and has long been the “driving force” behind the global gaming industry, according to the report. Because of these factors, DappRadar claims that the Asian region “plays a crucial role in the adoption of blockchain games.”
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