Gaming NFT Market Size – By NFT Type, Gaming Platform, Functionality, Blockchain Network, Forecast, 2025 – 2034

Report ID: GMI10172
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Published Date: February 2025
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Report Format: PDF

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Gaming NFT Market Size

The global gaming NFT market size was valued at USD 4.8 billion in 2024 and is estimated to grow at 24.8% CAGR from 2025 to 2034. The increased proliferation and popularity of blockchain technology worldwide across the globe is the key growth driver of market.
 

Gaming NFT Market

The convergence of Non-Fungible Tokens (NFTs) with Web3 gaming platforms is poised to rejuvenate the NFT sector by 2025. For instance, in June 2024. IronDoge launched a new era of GameFi with immersive play-to-earn games. This holistic approach aims to revolutionize gaming by combining thrill action and real monetary rewards. Thus, the need for gaming NFT is growing with the aim of protecting the cosmetics during its transit as well as enhancing the aesthetic value of the cosmetics.
 

The gaming NFT market is driven by the rise of play-to-earn (P2E) models, increased blockchain adoption, and the expansion of the metaverse. The rise of blockchain-based gaming has fueled the adoption of the Play-to-Earn (P2E) model, where players can earn real-world traditional gaming, where in-game assets have no monetary value outside the platform, NFT-based games allow players to trade, sell, and monetize their digital collectibles.
 

This model attracts gamers looking for financial incentives and has led to increased engagement. As more developers integrate P2E mechanics, the market continues to expand, creating new economic opportunities for players and developers alike.
 

NFTs offer true ownership of in-game assets, ensuring that players can buy, sell, or trade items independently of the game developers. This decentralized model enhances the value of digital assets, as they retain uniqueness and scarcity on the blockchain. Gamers are increasingly drawn to NFT-powered games because of the ability to transfer assets across platforms or retain value even if a game shuts down. This shift toward digital ownership is a key driver of market growth, influencing game design and monetization strategies. 
 

Gaming NFT manufacturers should introduce latency-optimized chipsets specifically targeting gaming console manufacturers and AR/VR device manufacturers as the proliferation of AR/VR devices is expected to increase in the coming years.
 

The gaming NFT market is benefiting from the rapid evolution of blockchain and Web3 technologies. Ethereum, Solana, and Layer-2 scaling solutions are improving transaction speeds and reducing gas fees, making in-game NFT trading more accessible. Smart contracts enable automated, secure transactions, reducing fraud risks.
 

Gaming NFT Market Trends

  • The rapid evolution of blockchain technology is significantly enhancing the Gaming NFT industry, driving improvements in scalability, transaction speed, and security. Layer 2 solutions, such as Polygon and Immutable X, enabling faster and more cost-effective transactions, making NFT integration more seamless for gaming platforms. Additionally, AI-driven procedural content generation is creating dynamic in-game assets that can be tokenized as NFTs, offering players unique and evolving gaming experiences.
     
  • For instance, In March 2023, Immutable and Polygon Labs announced a strategic partnership to develop Immutable zkEVM, an EVM-compatible rollup optimized for gaming. This collaboration aims to enhance scalability and reduce transaction costs, facilitating seamless NFT integration for gaming platforms.
     
  • The gaming NFT space is witnessing significant investments from venture capital firms, gaming studios, and blockchain startups. Traditional gaming companies are also entering the space, forming partnerships with blockchain firms to develop NFT-integrated games. These investments are fueling innovation in gameplay mechanics, tokenomics, and NFT interoperability.
     
  • Additionally, high-profile collaborations with artists, athletes, and entertainment brands are increasing mainstream acceptance, driving further growth in the gaming NFT market. In August 2024, a collaboration between Veriplay, Polygon, Immutable, and Super Protocol introduced verifiable, user-owned, and tradable AI agents in games. This initiative leverages AI-driven procedural content generation to create dynamic in-game assets that can be tokenized as NFTs, offering players unique and evolving gaming experiences.
     
  • For instance, In June 2024, Racino, a motorsport racing management platform, collaborated with Magic Eden, an NFT marketplace, to unveil a highly anticipated NFT collection. Set to launch on June 28, 2024, on Polygon, this collaboration aims to leverage blockchain technology to offer unique digital collectibles tied to motorsport racing, potentially transforming fan engagement and digital ownership in the motorsport industry. Hence, increasing deployment of smart cities projects worldwide will support the growth of gaming NFTs during the forecast period.
     

Gaming NFT Market Analysis

Gaming NFT Market Size, By NFT Type, 2021 - 2034 (USD Billion)

According to NFT type, the gaming NFT market is divided into In-game assets, Collectibles, Trading Cards, Virtual real estate, Cryptocurrency tokens. These are key types of NFTs in the gaming industry, enabling players to own, trade, and monetize digital assets. In-game assets, collectibles, trading cards, virtual real estate, and cryptocurrency tokens provide unique ownership, scarcity, and interoperability within blockchain-based gaming ecosystems.
 

  • In-game assets market was valued at USD 1.9 billion in 2024. The In-game assets segment in the NFT gaming market is witnessing significant growth as players seek ownership of digital items such as weapons, skins, avatars, and virtual goods. These assets, stored on the blockchain, enable true ownership, tradeability, and cross-game interoperability.
     
  • For instance, Axie Infinity, a blockchain-based game, allows players to collect, breed, and trade NFT-based creatures (Axies), generating over $4 billion in total NFT sales as of 2024. This trend highlights the increasing demand for decentralized gaming economies where in-game assets hold real-world value
     
  • Collectibles marketing is projected to grow and reach a value of USD 6.8 billion by the year 2034, driven by the demand for unique, limited-edition digital items that players can own, trade, and showcase. These NFTs often include exclusive characters, skins, weapons, and digital memorabilia, enhancing player engagement and creating a sense of exclusivity.
     
  • The gaming NFT trading card market has experienced significant growth at a CAGR of 23.5%.  With platforms like NBA Top Shot leading the charge. The integration of NFTs into trading card games has also been expanded by platforms like Gods Unchained as of October 2024, NBA Top Shot experienced a resurgence, with weekly sales reaching 43,600 NFTs in the week ending October 27, marking a six-month high. These figures highlight the dynamic nature of the NFT market, with fluctuations influenced by broader economic conditions and evolving consumer interests which in turn drives the market during the forecast period.
     
  • Virtual real estate market is predicted to grow at a CAGR of 27.4% in the forecast period. Virtual real estate, a pivotal component of the metaverse economy, has seen remarkable growth driven by increased digital engagement and blockchain adoption.
     
  • Cryptocurrency tokens market was valued at USD 0.4 billion in 2024. Cryptocurrency tokens are driving market growth through various segments, including cryptocurrencies like Bitcoin and Ethereum, utility tokens used for platform-specific functions, security tokens that enable tokenization of real-world assets, and governance tokens that empower decentralized decision-making. Each segment plays a vital role in expanding blockchain use cases, increasing liquidity, and attracting investment. For example, the rise of decentralized finance (DeFi) platforms is boosting demand for utility and governance tokens, while security tokens are opening new avenues for fractionalized ownership. These trends are collectively fostering the continued expansion of the cryptocurrency ecosystem.
     

Gaming NFT Market Share, By Gaming Platform, 2024

Based on gaming platform, the gaming NFT market is divided into PC Games, Console Games, Mobile Games, AR/VR Games, Web-based Games. The increasing adoption of blockchain in mobile gaming is driving growth, with platforms like Axie Infinity and Sorare leveraging NFTs to enhance player engagement and monetization.
 

  • The PC Games market held a market share of 25.9% in 2024. The PC gaming segment has seen notable integration of NFTs, exemplified by titles like Ember Sword. Developed by Bright Star Studios, Ember Sword is a blockchain-based MMORPG that entered early access on December 2, 2024, for Windows and macOS platforms. The game allows players to acquire tokenized in-game assets, enhancing the gaming experience through true digital ownership. This increasing adoption of NFT-based games within the PC segment is driving market growth by attracting both gamers and investors seeking monetization opportunities.
     
  • The Console games market is expected to grow and reach a value of USD 7.6 billion by the year 2034. Console gaming remains a strong segment, supported by major releases from companies like Sony (PlayStation) and Microsoft (Xbox). Exclusive game titles, such as God of War Ragnarök and Halo Infinite, continue to attract loyal fanbases. The shift towards subscription services like Xbox Game Pass and PlayStation Plus, which offer access to a library of games for a fixed fee, is helping console gaming to remain appealing, while also fostering a long-term, sustainable user base.
     
  • The mobile games market is growing at a CAGR of 23.2% in the forecast period. Mobile gaming's rapid growth is supported by the widespread use of smartphones globally and the evolution of app stores. Games such as PUBG Mobile and Genshin Impact have shown the power of mobile platforms in delivering high-quality, immersive experiences. In-app purchases and microtransactions are a key revenue driver in this segment, as developers offer frequent updates and events to keep users engaged.
     
  • The AR/VR games market is growing at a CAGR of 33.3% in the forecast period. The rise of AR/VR gaming has been catalyzed by innovations in hardware, with companies like Oculus (Meta) and HTC Vive leading the way. The AR/VR gaming market is experiencing significant growth, driven by technological advancements and increased adoption. According to the European Commission, the European VR/AR industry was valued at €9.6 billion in 2021. Additionally, the World Economic Forum cites market research forecasting that the AR market will grow from $15.3 billion in 2020 to $77 billion by 2025, and the VR market from $6.1 billion in 2020 to $20.9 billion by 2025.
     
  • These projections underscore the rapid expansion of the AR/VR gaming sector, fueled by innovations in hardware and.
     
  • By 2034, Web-based games market is projected to grow and reach a value of USD 5.5 billion. Web-based gaming has gained popularity due to the ease of access through browsers without the need for downloads or installations. Platforms like Miniclip and Kongregate continue to attract a broad range of casual gamers. The increasing use of HTML5 technology has allowed developers to create engaging, cross-platform games that run seamlessly across different devices, making web-based games more versatile and appealing to a global audience.
     

Based on blockchain network, The NFT gaming market is heavily reliant on blockchain networks such as Ethereum, Binance Smart Chain, and Polygon, which facilitate secure and decentralized transactions. The increasing adoption of Layer 2 solutions like Polygon enhances scalability and reduces transaction costs, making NFT integration more viable for gaming platforms. As blockchain interoperability grows, NFT gaming ecosystems are expanding, allowing seamless asset transfers across multiple networks.
 

  • The Ethereum market is expected to grow and reach a value of USD 14.1 billion by the year 2034. As the pioneer in smart contracts, Ethereum hosts numerous NFT games. Platforms like Decentral and The Sandbox offer virtual worlds where players can buy, sell, and trade virtual assets. These platforms leverage Ethereum's robust ecosystem to provide secure and transparent transactions. Such factors are driving the segment in the overall market.
     
  • Binance Smart Chain market is growing at a CAGR of 26.3% in the forecast period. The segment growth is attributed due to growing due to its low transaction fees and high-speed processing capabilities. any blockchain-based games, such as MOBOX and CryptoBlades, leverage BSC for efficient NFT minting and trading. The ecosystem’s compatibility with Ethereum-based smart contracts also enhances its adoption, attracting developers and gamers to the platform.
     
  • Flow market is expected to grow and reach a value of USD 2.0 billion by the year 2034. The growth of segment is driving due to its high transaction speed, low fees, and developer-friendly smart contract architecture. The success of projects like NBA Top Shot has demonstrated Flow’s capability to handle large-scale NFT transactions efficiently. Additionally, its Proof-of-Stake (PoS) consensus mechanism enhances sustainability, attracting more developers and investors to the ecosystem.
     
  • Polygon market is predicted to grow at a CAGR of 26.7% in the forecast period. Polygon enhances Ethereum's scalability and usability, hosting games like Aavegotchi, a DeFi-enabled crypto collectible game. Polygon's Layer 2 solutions provide faster and more cost-effective transactions, benefiting both developers and players.
     
  • Solana market is projected to grow and reach a value of USD 5.5 billion by the year 2034. Known for its high-speed transactions and low costs, Solana supports NFT games such as Star Atlas, a space exploration game. Solana's performance capabilities make it suitable for complex and resource-intensive gaming applications.
     

U.S. Gaming NFT Market Size, 2021-2034, (USD Billion)

The North America gaming NFT market was valued at USD 1.5 billion in 2024. The North American gaming NFT market is expected to experience significant growth due to the rising demand for gaming-related NFTs and the increased interest in digital ownership. Companies in the region are making strategic partnerships to expand their presence. For instance, in 2023, GameOn, a Web3 fantasy sports platform, announced a regional partnership with LALIGA North America to develop officially licensed NFT fantasy games. This collaboration enables fans in the U.S. and Canada to engage with LaLiga by collecting playable avatars and participating in various game modes. This reflects the region’s commitment to integrating gaming NFT into various business models.
 

  • The U.S. gaming NFT market is projected to reach USD 8.8 billion by 2034, driven by growing consumer interest in NFTs linked to gaming. In U.S., As the market continues to evolve, the U.S. is poised to maintain its leadership position in the global NFT gaming industry, driven by technological advancements and a growing community of gamers and developers embracing digital asset ownership.
     
  • The Canda gaming NFT market is expected to grow at a CAGR of 24.4% in the forecast period. In Canada, Companies are leveraging NFT technology to enhance player engagement and provide verifiable ownership of in-game assets, which in turn is fostering vibrant communities and new revenue models.
     

The European gaming NFT market is growing due to the increasing demand for digital ownership, integration of blockchain technology in gaming, and the rise of decentralized gaming economies. Major players in the region are focusing on developing innovative NFT-based gaming platforms, with a strong emphasis on regulatory compliance under evolving EU digital asset frameworks. The market is witnessing rising adoption among both indie and mainstream gaming companies, with several collaborations and funding rounds aimed at enhancing NFT-based game development.
 

  • The UK NFT gaming market is expected to grow at a CAGR of 24.5% in the forecast period. The UK is one of the leading markets for gaming NFTs in Europe, driven by a strong gaming industry, active blockchain startups, and increasing consumer awareness. British gaming firms are integrating NFT elements into gaming ecosystems, leveraging blockchain to provide verifiable ownership of digital assets. The UK government has also shown interest in regulating digital assets, providing a structured framework for NFT transactions. In 2024, UK-based gaming studio Reality Gaming Group announced new partnerships to develop NFT-based gaming experiences, reinforcing the region’s market expansion.
     
  • Germany NFT gaming market is predicted to grow and reach a value of USD 2.2 billion by the year 2034. Germany is emerging as a key player in the gaming NFT market, driven by a well-established gaming industry and a strong blockchain ecosystem. Gaming companies in the country are incorporating NFTs to enhance in-game asset ownership, while regulatory clarity around digital assets is shaping market growth. German gaming studios are partnering with blockchain firms to create NFT-integrated gaming platforms.
     
  • France NFT gaming is anticipated to grow at a CAGR of 24.1 % in the forecast period. France is witnessing increased adoption of gaming NFTs as local gaming studios experiment with blockchain-based monetization models. The country’s gaming sector benefits from a supportive regulatory environment, enabling startups and established companies to explore NFT innovations. French gaming giant Ubisoft has been actively involved in integrating NFTs into its gaming portfolio, with its Quartz platform launching NFT collectibles in select game.
     
  • Italy NFT gaming is expected to grow and reach a value of USD 0.4 billion by 2034. Italy is experiencing steady growth in the gaming NFT sector, fuelled by a growing interest in digital collectibles and blockchain-based gaming solutions. The country has a thriving gaming community, with developers exploring NFTs as a tool for in-game purchases and rewards. Italian gaming firms are leveraging Web3 technologies to expand user engagement and create new revenue streams.
     
  • Spain NFT gaming market is projected to grow at a CAGR of 4.2% in the forecast period. Spain is emerging as a growing hub for gaming NFTs, driven by a strong gaming culture, increasing blockchain adoption, and investments in Web3 gaming startups. Spanish gaming companies are integrating NFTs into their platforms to enhance player ownership of digital assets which is boosting the growth in the region.
     
  • Netherland gaming NFT market is expected to grow and reach a value of USD 1.3 billion by the year 2034. The Netherlands is witnessing growing interest in gaming NFTs as local developers and blockchain companies collaborate to build next-generation gaming experiences. Dutch firms are exploring NFT applications in gaming, metaverse projects, and digital ownership solutions. The country’s regulatory focus on transparency and security in digital transactions supports the market’s expansion.
     

Asia Pacific NFT gaming is expected to grow at a CAGR of 26.4% in the forecast period. The gaming NFT market is experiencing significant growth as the companies in this region are embracing the shift towards video and PC games. There is also a rise in AR/VR games which fuels the growth of the market.
 

  • China gaming NFT market held a market share of 0.5 billion % in 2024. China’s gaming NFT market is shaped by strict regulations on cryptocurrencies but remains a major force in blockchain gaming development. The country has seen the rise of government-backed blockchain initiatives that support digital assets within controlled environments. Large gaming companies such as Tencent and NetEase have experimented with NFT-like digital collectibles, focusing on compliance while leveraging blockchain technology for in-game assets. In Feb 2023, Alibaba’s Ant Group launched a blockchain-powered digital collectibles marketplace, reflecting China’s interest in controlled NFT adoption.
     
  • India gaming NFT market is expected to grow and reach a value of USD 2.8 billion by the year 2034. India’s gaming NFT market is rapidly expanding due to a young tech-savvy population, increasing smartphone penetration, and rising interest in blockchain gaming. Web3 gaming startups are securing funding and forming partnerships to develop play-to-earn models and NFT marketplaces. In Feb 2025, Indian gaming firm SuperGaming collaborated with blockchain platforms to introduce NFT-based rewards in its games, indicating a shift towards blockchain-powered gaming. Additionally, esports organizations in India are integrating NFTs as part of their fan engagement strategies.
     
  • Japan gaming NFT market is to grow at a CAGR of 25.7% in the forecast period. Japan has a well-established gaming industry, making it a significant player in the gaming NFT market. The country's gaming culture, coupled with increasing blockchain adoption, is driving the demand for NFT-based gaming assets. Major gaming companies are exploring blockchain-based gaming, and regulatory bodies are gradually opening to Web3 innovations. In Jan 2023, Square Enix reaffirmed its commitment to blockchain gaming by announcing new NFT-based projects, signaling Japan’s continued interest in integrating NFTs into mainstream gaming.
     
  • South Korea gaming NFT market is anticipated to grow at a CAGR of 24.6% in the forecast period. South Korea is one of the leading markets for gaming NFTs, fuelled by its advanced gaming industry, strong esports culture, and widespread blockchain adoption. Major gaming firms such as Nexon and WeMade have been actively developing blockchain-based gaming ecosystems, with play-to-earn models gaining traction. In June 2024, the South Korean government introduced a regulatory framework to guide NFT and blockchain gaming adoption, encouraging responsible growth in the sector. The country’s gamers are highly engaged with digital assets, making South Korea a significant market for NFT-powered gaming experiences.
     
  • By 2034, Australia gaming NFT market is predicted to grow and reach a value of USD 0.8 billion. Australia is seeing strong growth in the gaming NFT market, driven by a vibrant gaming community and increasing investments in blockchain-based gaming ventures. The country has several blockchain gaming studios developing NFT-powered games, with a focus on sustainability and interoperability. Government initiatives supporting blockchain technology are also fostering a favourable environment for NFT gaming innovation.
     

The Latin America gaming NFT market is predicted to grow at a CAGR of 25.5% in the forecast period. The gaming NFT market in Latin America is witnessing steady growth with the adoption of blockchain technologies in gaming sector.
 

  • Brazil gaming NFT market is anticipated to grow and reach a value of USD 2.1 billion by the year 2034.Top of Form Brazil is emerging as a key player in the gaming NFT market, driven by a large gaming community, increasing blockchain adoption, and growing interest in play-to-earn (P2E) models. The country has seen major partnerships between gaming companies and blockchain platforms, fostering the development of NFT-based ecosystems. In April 2023, Binance, a global leader in blockchain and cryptocurrency, has partnered with the Brazilian Football Confederation (CBF) to launch the first-ever NFT for the Brasileirao Assai. This initiative aims to enhance the fan experience by integrating blockchain technology and offering exclusive perks. Such initiatives are propelling the growth of the market.
     
  • Mexico gaming NFT market is growing at a CAGR of 26.9% in the forecast period. Mexico's gaming NFT market is expanding due to a young population, high mobile gaming penetration, and rising interest in decentralized applications. Mexican gamers have shown strong engagement with blockchain-based games, leading to an increase in NFT-related gaming ventures.
     
  • Argentina gaming NFT market is predicted to grow at a CAGR of 24.5% in the forecast period. Argentina is experiencing rapid growth in gaming NFTs, driven by economic instability, which has led to higher crypto adoption. Argentine gamers are actively engaging in play-to-earn games as an alternative source of income, making blockchain gaming highly popular. The country has a thriving Web3 gaming startup scene, with developers working on blockchain-based gaming solutions, driving the demand in the region.
     

The MEA gaming NFT is expected to grow and reach a value of USD 1.3 billion by the year 2034. The gaming NFT market in the Middle East and Africa (MEA) region is experiencing notable growth, driven by a rising gaming community and increased interest in blockchain technologies. According to studies of Academic Journal of Research and Scientific Publishing as of 2023, NFT marketplaces in the Middle East collectively raised approximately $10 million 2022. Additionally, the region's largest art festival, Art Dubai, has dedicated an entire section to digital assets, reflecting the growing integration of NFTs in various sectors, including gaming. This expansion is further supported by the region's youthful population and high digital engagement, positioning the MEA region as a significant contributor to the global gaming NFT landscape.
 

  • South Africa gaming NFT market is projected to grow at a CAGR of 22.2% in the forecast period.Top of Form The country has invested heavily in gaming and esports, with state-backed entities funding blockchain-based gaming startups. This growth is driven by various sectors, including art, gaming, and real estate, with increasing adoption of NFTs across these industries.
     
  • The Saudi Arabia gaming NFT is expected to grow and reach a value of USD 0.3 billion by the year 2034. Saudi Arabia is positioning itself as a major player in the gaming and NFT sectors, supported by the government's Vision 2030 initiative, which promotes digital transformation and investment in gaming. The country has invested heavily in gaming and esports, with state-backed entities funding blockchain-based gaming startups. Saudi gaming companies are integrating NFTs into their platforms, focusing on play-to-earn models and metaverse experiences.
     
  • By 2034, UAE gaming NFT market is predicted to grow at a CAGR of 23.8% in the forecast period. The UAE is a regional hub for blockchain innovation, and its gaming NFT market is expanding rapidly. The country has embraced Web3 technologies, with Dubai and Abu Dhabi launching regulatory frameworks to support NFT gaming projects. Several UAE-based gaming startups have integrated NFTs into their platforms, offering play-to-earn mechanics and virtual assets.
     

Gaming NFT Market Share

The gaming NFT market faces competition in the market. The top players in the market are Activision Blizzard, Axie Infinity, Bandai Namco Entertainment, Dapper Labs, Decentraland, Electronic Arts (EA) and they together hold a significant market share of 15 - 20%.
 

The companies operating in the market of gaming NFT are actively engaging in the forming strategic partnership to elevate its gaming NFT growth. companies compete based on factors such as blockchain infrastructure, game quality, partnerships, and community engagement. Companies are integrating blockchain technology to enhance in-game asset ownership, enabling players to trade, sell, and monetize digital assets securely. Strategic collaborations between gaming studios, blockchain networks, and NFT marketplaces are driving market growth. Leading firms are leveraging interoperability across multiple blockchain platforms to increase accessibility. Additionally, the adoption of sustainable and eco-friendly blockchain solutions is gaining traction. Regulatory developments and evolving consumer preferences also influence the competitive dynamics in this space.
 

Strategic collaborations and partnerships are emerging to enhance the gaming NFT ecosystem, focusing on interoperability and cross-platform integration. There is a growing trend of investment in blockchain technologies that incorporate smart contracts and decentralized finance (DeFi) elements to enhance security and monetization. Companies are expanding their offerings beyond traditional gaming by integrating NFTs into metaverse experiences, virtual real estate, and digital collectibles.
 

Gaming NFT Market Companies

Top prominent companies operating in the NFT gaming industry include:

  • Sky Mavis
  • Axie Infinity
  • Bandai Namco Entertainment
  • Dapper Labs
  • Decentraland
     

Sky Mavis, the developer of Axie Infinity, is a dominant player in the gaming NFT space, known for pioneering play-to-earn mechanics. The company leverages the Ronin blockchain to facilitate low-cost transactions and improve scalability. Despite facing security challenges, including a major hack, Sky Mavis has focused on strengthening security and expanding its ecosystem. Strategic partnerships and continuous game updates contribute to its competitive positioning, keeping Axie Infinity relevant in the evolving market. For instance, in June 2023, Sky Mavis, the developer behind Axie Infinity, has teamed up with CyberKongz for an Ethereum-based NFT collection. The collaboration includes the launch of the Genkai NFT mint on Mavis Marketplace, the migration of the Play & Kollect game to the Ronin platform, and the creation of a new game featuring Genkai.
 

As the Gaming NFT market witnesses increasing demand for unique digital assets and immersive experiences, companies are leveraging this trend to introduce innovative solutions. By focusing on blockchain-based ownership, play-to-earn models, and interoperability across gaming ecosystems, these companies aim to enhance user engagement and drive market expansion.
 

Gaming NFT Industry News:

  • In June 2024, Racino, a motorsport racing management platform, collaborated with Magic Eden, an NFT marketplace, to unveil a highly anticipated NFT collection. This collaboration aims to leverage blockchain technology to offer unique digital collectibles tied to motorsport racing, potentially transforming fan engagement and digital ownership in the motorsport industry.
     
  • In May 2023, The Sandbox has partnered with Affyn, a Singapore-based Web3 startup creating games and metaverses with built-in augmented reality and geolocation features. Together, these two organizations will improve the interoperable metaverse experiences and create a groundbreaking, community-focused interoperable and open metaverse that will bring together the world's creators and collaborators to build long-term ecosystems that merge the virtual and real worlds.
     

The gaming NFT market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million from 2021 – 2034 for the following segments:

Market, By NFT Type

  • In-game assets
  • Collectibles
  • Trading Cards
  • Virtual real estate
  • Cryptocurrency tokens 

Market, By Gaming Platform

  • PC Games
  • Console Games
  • Mobile Games
  • AR/VR Games
  • Web-based Games

Market, By Functionality

  • Purely Collectibles
  • Reward Tokens
  • Access Pass
  • Utility-based

Market, By Blockchain Network

  • Ethereum
  • Binance Smart Chain
  • Flow
  • Polygon
  • Solana
  • Others

The above information is provided for the following regions and countries:

  • North America 
    • U.S.
    • Canada
  • Europe 
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Netherlands
  • Asia Pacific 
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Latin America 
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa 
    • Saudi Arabia
    • South Africa
    • UAE

 

Authors: Suraj Gujar, Deeksha Vishwakarma
Frequently Asked Question(FAQ) :
Who are the key players in gaming NFT industry?
Some of the major players in the industry include Sky Mavis, Axie Infinity, Bandai Namco Entertainment, Dapper Labs, and Decentraland.
How big is the gaming NFT market?
How much is the North America gaming NFT market worth in 2024?
What is the size of in-game assets segment in the gaming NFT industry?
Gaming NFT Market Scope
  • Gaming NFT Market Size
  • Gaming NFT Market Trends
  • Gaming NFT Market Analysis
  • Gaming NFT Market Share
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