Blockchain and NFTs in Gaming Market By NFT Type (In-Game Assets, Collectibles, Play-to-Earn (P2E) NFTs, Metaverse NFTs, Utility NFTs, Others), By Blockchain Type (Public Blockchain, Private Blockchain, Hybrid Blockchain, Consortium Blockchain), By Game Type (Role-Playing Games (RPG), Simulation Games, Strategy Games, Sports and Racing Games, Adventure Games, Action Games, Puzzle Games, Casual Games), By Platform (PC Gaming, Console Gaming, Mobile Gaming, Web Gaming, Virtual Reality (VR) Gaming, Augmented Reality (AR) Gaming, Cloud Gaming), By Application (Game Development, Asset Ownership and Monetization, Marketplace Integration, Tokenized Rewards Systems, Decentralized Gaming Platforms, Crowdfunding for Game Development), By End-User (Casual Gamers, Professional Gamers, Game Developers, Content Creators, Investors and Collectors), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035

Industry Outlook

The Blockchain and NFTs in Gaming Market accounted for USD 12.78 Billion in 2024 and is expected to reach USD 2,721.0 Billion by 2035, growing at a CAGR of around 62.8% between 2025 and 2035. NFTs (non-fungible tokens) leverage blockchain technology to enable decentralized asset ownership in gaming operations involving in-game skins, characters, and virtual land.

Players can utilize NFTs to represent verifiable digital assets that can be owned and traded across numerous gaming platforms. This technology enables precise financial transactions, allowing users to make purchases, sales, and exchanges without relying on traditional game frameworks. Blockchain-enabled play-to-earn models allow gamers to earn real money while playing. Virtual economies have blended with real-world worth due to a new gaming revolution that combines virtual digital ownership.

Report Scope:

Market Dynamics

Blockchain enables players to own, trade, and monetize digital assets securely

The gaming market has embraced blockchain technology and NFTs because gamers require digital asset ownership alongside crypto-economic opportunities. Games powered by blockchain present true player ownership of their digital content through secure, decentralized systems that offer transparency, thus validating skins, characters, and land assets. Virtual assets secured through blockchain are accessible for transfer in peer-to-peer markets, which yields additional revenues for gaming companies and their developers.

NFTs serve as non-fungible token assets that generate priceless digital possessions that gain verification while becoming collectible and tradable. Through blockchain technology, players can generate real-world economic value through their gameplay achievements using play-to-earn models. According to a European Commission report, nearly 23% of European gaming companies investigated blockchain deployment to improve gameplay processes and digital asset transaction methods since they saw notable market prospects.

Growing adoption of NFTs and blockchain to power virtual economies in the metaverse

Blockchain and NFTs adoption in gaming increase because players need genuine asset ownership while experiencing transparent game activities and want to convert their gameplay into financial rewards. Blockchain technology enables secure player ownership of virtual in-game assets that include characters, skins, and items, which they can safely trade and monetize in decentralized domains. NFT digital assets acquire authentic ownership through embedded unique identifiers that establish both rarity and accountable ownership terms.

Game developers leverage blockchain technology to provide platform interoperability and play-to-earn economies. When NFTs and blockchain are combined, they create player-driven economies, which enhance gaming experiences. According to research conducted by the European Commission's Joint Research Centre (2022), blockchain gaming is expected to grow significantly because more than half of all gaming enterprises are using blockchain technologies in their operations.

Developing blockchain-based gaming platforms and integrating NFTs require significant financial and technical resources

The blockchain-based gaming platforms, along with NFT integration, need significant technical support and budget investments, thus creating major obstacles for the blockchain and NFTs in the gaming market. Blockchains need both computing power and programming expertise for secure and efficient operation and frequent system updates to maintain performance. Getting NFTs integrated with gaming platforms necessitates secure ecosystems featuring secure financial transactions alongside complex programming and advanced security measures.

Powerful blockchain operation demands the employment of specialized developers and blockchain experts, leading to increased financial costs. The intricate nature of developing these platforms extends launch timelines beyond expectation while creating obstacles for smaller businesses that lack enough resources to face established competitors. When combined with blockchain and NFTs, the gaming market demonstrates only limited growth potential because well-funded and highly technically proficient companies exclusively harness the maximum benefits in this space.

Expanding P2E ecosystems can attract gamers seeking financial rewards through gameplay

Blockchain and NFTs gaming markets gain substantial business potential through play-to-earn (P2E) ecosystem expansion since the incentive of financial rewards for gameplay matters to gamers. Developers use blockchain tech and NFT integration to develop decentralized gameplay platforms that give users digital assets that maintain worth in real economies. The game generates collectible assets that gamers can trade or sell to one another, thus increasing their gameplay involvement. The P2E ecosystems grow through encouraging community involvement and longer-lasting player commitment because players desire to monetize their gaming experience. Through P2E, gamers can acquire digital assets from play-to-earn mechanics and sell them outside traditional gaming communities to anyone interested in earning money from blockchain technology.

New market places are opening up as bitcoin and blockchain technology enable P2E games to interact with regions with limited economic opportunities. Expanding P2E ecosystems will emerge as the dominant gaming model of the future, generating long-term cash streams for developer teams and their user base. This expansion is driven by the combination of NFTs' curiosity with digital ownership options with gaming economy decentralization.

Establishing platforms for trading in-game assets, enabling gamers to monetize their efforts

The blockchain and NFTs gaming market unlocks profitable opportunities through trading platforms that let gamers derive value from their gameplay achievements. The true ownership of digital assets enables players to distribute their possessions across multiple platforms because they can execute sales and trades that extend their earning power outside game boundaries. Blockchain technology secures transactions while maintaining transparency, thus establishing an anti-fraud platform with enhanced marketplace reliability.

The proposed model empowers developers to construct royalty systems for NFT secondary purchases, thus generating enduring revenue streams alongside player financial benefits. The growing popularity of play-to-earn games makes trading platforms an excellent opportunity for gamers to benefit from their gaming activities by exchanging assets they creates. The integration of NFTs establishes cross-game asset interoperability, which elevates both the value chains and trading capabilities of virtual assets. The evolving nature of blockchain-based games requires the development of these platforms for achieving sustained player devotion and producing scalable and inflation-resistant gaming economies. Blockchain gaming established this opportunity to bridge between virtual worlds and real-world economies, which establishes its standing as a leading force in future digital entertainment.

Industry Experts Opinion

“Bringing The Walking Dead comic book franchise to The Sandbox metaverse will offer fans a groundbreaking opportunity to play, create, socialize, inhabit and interact within a novel multiplayer gaming virtual world.”

• Dan Murray, Co-CEO, Skybound Games & Merchandise 

“The benefit is now that we’ve gone live and we both have the opportunity to help integrate Web3 and EVM for every Google Cloud Client. And so now that we’re on the marketplace and the Sequence stack is built on Google Cloud. We’ve already had a deep integration with the Google Cloud ecosystem for a while, but it means that developers can just get access to Sequence and begin the integration for any game, like be an existing triple-A developer wanting to integrate with Web3, or a new studio that is building a game with Web3 capabilities for the first time.”

• Sam Barberie, head of strategy and partnerships at Sequence

 Segment Analysis

Based on the NFT Type, the Blockchain and NFTs in Gaming Market has been classified into In-Game Assets, Collectibles, Play-to-Earn (P2E) NFTs, Metaverse NFTs, Utility NFTs, Others. In-game assets are the largest segment in the blockchain and NFTs in the gaming market. Blockchain in games represents the dominant market because players gain actual ownership of digital items through tokens to trade and earn money. Through NFT tokenization, players effectively convert their video game skins, virtual weapons, characters, and virtual real estate into assets that possess market values. NFTs enable players to earn money through asset trading in blockchain gaming environments while creating a thriving marketplace that sustains this sector.

Based on the Blockchain Type, the Blockchain and NFTs in Gaming Market has been classified into Public Blockchain, Private Blockchain, Hybrid Blockchain, and Consortium Blockchain. Public blockchain stands as the dominant blockchain system within the Blockchain and NFTs in Gaming Market. Public blockchains, including Binance Smart Chain and Ethereum, have become dominant because they offer decentralized operation and high-security standards together with fully transparent transaction logs. Taylor's assignments about digital asset ownership require attributes that gaming industry professionals need for proving possession of NFTs. The extensive user participation enabled by public blockchains creates thriving specific participation rates and enhanced liquidity, directly benefiting the success of virtual economies along with digital collectible ownership. Most gaming projects utilize them because of their universal popularity together with their supportive user network.

Regional Analysis

The North American blockchain and NFT gaming sector is growing, with an increasing number of developers adopting blockchain technology into their games. The integration allows users to fully own their game assets, such as characters, skins, and weapons, using NFTs. DeFi has produced an opportunity boom in play-to-earn (P2E) technology, which allows gamers to earn real money for their gameplay actions. Major gaming firms and startup ventures are aggressively investigating blockchain technology to create secure and immersive gaming structures that increase player immersion and offer new revenue streams. The progressive development of regulation surrounding NFTs and cryptocurrencies within North America attracts new investors and creators who embrace the space. Issues with energy consumption and scalability, along with market volatility, present primary hurdles to blockchain technology's extensive market-wide acceptance. The quick market expansion of North American blockchain gaming relies on active venture capital investments as well as growing interest among users regarding digital property ownership.

The Asia-Pacific blockchain and NFTs in gaming market is expanding owing to its substantial gaming community, along with advanced technology and digital currency mainstream adoption. The gaming industries of China, Japan, and South Korea are leading the global push to incorporate blockchain into gaming development, which benefits both developers and players. NFTs have become popular assets that allow gamers to purchase and sell game assets via trades, generating numerous revenue sources. Countries are developing new regulatory measures to promote blockchain innovation while maintaining consumer protection norms. Blockchain software's safe and transparent transaction capability promotes trust in digital marketplaces. Web3 investments in Asia-Pacific, along with decentralized platform growth, will position the area as a key player in gaming's future digital evolution.

Competitive Landscape

Blockchains and NFTs in gaming market are highly competitive, with leading players Sky Mavis, Animoca Brands, Dapper Labs, Immutable, Mythical Games, and Gala Games, while doing innovative work. As the frontrunner in the gaming market, Sky Mavis maintains its leadership position through its play-to-earn principles while steadily expanding its blockchain network. Through its massive gaming titles, together with strategic investments, Animoca Brands proved vital for integrating NFTs into broad gaming participation. As the creator behind NBA Top Shot, the company Dapper Labs upholds its position as the top authority in sports-focused non-fungible tokens (NFTs).

The Immutable X platform built by Immutable serves as its cornerstone to become an important participant in this sector. The gaming playfront is expanding through Mythical Games and Gala Games as both companies focus on giving players ownership of game assets and maintaining in-app economic systems. The space is gaining speed through Animoca's corporate partnerships with leading gaming studios and Immutable's new game release activity on its platform. The businesses have emerged as critical players who will define future possibilities within blockchain-based gaming and NFT markets.

Blockchain and NFTs in Gaming Market, Company Shares Analysis, 2024

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Recent Developments:

• In April 2023, Faraway Inc. announced the launch of Serum City, a city-building game that integrated blockchain technology for asset ownership and monetization.
• In April 2023, Horizon Blockchain Games launched Skyweaver, a blockchain-based trading card game that offered players true ownership of their cards.

Report Coverage:

By NFT Type

• In-Game Assets
• Collectibles
• Play-to-Earn (P2E) NFTs
• Metaverse NFTs
• Utility NFTs
• Others

By Blockchain Type

• Public Blockchain
• Private Blockchain
• Hybrid Blockchain
• Consortium Blockchain

By Game Type

• Role-Playing Games (RPG)
• Simulation Games
• Strategy Games
• Sports and Racing Games
• Adventure Games
• Action Games
• Puzzle Games
• Casual Games

By Platform

• PC Gaming
• Console Gaming
• Mobile Gaming
• Web Gaming
• Virtual Reality (VR) Gaming
• Augmented Reality (AR) Gaming
• Cloud Gaming

By Application

• Game Development
• Asset Ownership and Monetization
• Marketplace Integration
• Tokenized Rewards Systems
• Decentralized Gaming Platforms
• Crowdfunding for Game Development

By End-User

• Casual Gamers
• Professional Gamers
• Game Developers
• Content Creators
• Investors and Collectors

By Region

North America

• U.S.
• Canada

Europe

• U.K.
• France
• Germany
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Singapore
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC Countries
• South Africa
• Rest of the Middle East & Africa

List of Companies:

• Sky Mavis
• Animoca Brands
• Dapper Labs
• Immutable
• Mythical Games
• Gala Games
• The Sandbox
• Decentraland
• UplandmeInc
• PlayDapp
• MOBOX
• Horizon Blockchain Games
• Sorare
• Vulcan Forged
• Faraway Inc

Frequently Asked Questions (FAQs)