Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

We look at what will be happening in the gaming industry in 2023, such as the rise of mobile gaming, blockchain gaming, augmented reality/virtual reality, and more. Here comes the future of games. Since the beginning, the gaming industry has been a hotbed of innovation and progress, keeping millions of people around the world interested. Every year, improvements in technology, graphics, and game play have helped it grow in a remarkable way. As we get closer to 2023, the gaming industry keeps showing that it has a lot of potential and promises a fun future. This article looks at the gaming world as it is now and shows how trends are shaping its future. Explosive Growth in the Global Gaming Market: Both revenue and engagement in the global gaming market are growing at rates that have never been seen before. Statista says that the video game market will bring in $385 billion by 2023, and it will continue to grow by 7.9% each year until 2027.

The entertainment industry had problems in 2022. Sales went up 5.4%. In the future, important to use AI and find growth opportunities. In 2022, the economy was uncertain and growth was slow, which made things hard for the entertainment and media (E&M) industry. Still, the income went up by 5.4% as a whole. Because of the changes, the industry had to rethink its strategies, focus on its core business, and change some of its most important assumptions. The PWC Global Entertainment & Media Outlook has useful information based on a lot of research and modeling. The Outlook uses what experts in their fields know to help with strategy and making decisions. It makes predictions for 13 areas in 53 countries.

The Nemesis, a VR AR Metaverse platform, is preparing to launch its own ERC-20 payment token called NEMS on May 8th, 2023. And guess what? This token will let players cash out and earn real money using a cool Play-and-Earn model. Isn't that fantastic? The Nemesis is available on iOS, Android, and WebGL. NEMS has a lot of utility and acts as a payment token in The Nemesis. An ERC 20 on the Ethereum blockchain will serve as the foundation for all the crypto transactions on its metaverse. Now, here's the deal. The NEMS token will only be available to those who hold The Nemesis NFTs. You can grab it for just $0.15 per token. It's a pretty sweet deal if you ask me! With these tokens, you can also snag virtual real estate plots and build your own custom Metaverses. How cool is that?

The metaverse concept is starting to incorporate Web3 technology enabled through blockchain technology (like NFTs and Cryptos).

Lots of talks about Metaverse. The game developers are announcing lots of new initiatives about Metaverse, what does this mean for gamers?

The software giant Microsoft plans to build 3D metaverse apps for its popular games. Microsoft Teams Metaverse for video calls and meetings.

The massive potential of crypto, NFT, and blockchain-based games has made people switch careers from traditional ways of earning.

Recently, Facebook announced its rebranding to Meta and shared its ideas on the metaverse. John Carmack, ex-Oculus CTO, shared his thoughts.

Admix, the London-based game monetization, and ad firm announced that it raised 25 million dollars in a Series B funding round.

Inside its metaverse, Manticore Games had music, games, and entertainment talks by meta-panels about the metaverse.