Blockchain Gaming: A Paradigm Shift in Economic Modeling

Nearly 51% of the global games market came from mobile. By 2021, mobile games revenue will grow to 100 billion dollars. In comparison, blockchain games and collectibles are a niche market with a unique economic model. One of the prominent catalysts for the digital asset game/collectible in blockchain was CryptoKitties. Launched in 2017 on the ETH network, the entire scope of gameplay surrounded collecting, breeding and auctioning kitties. It created a new economic model for players where new game assets are created and sold to other players.