Traditional Gaming Pros Overtake Blockchain Experts in Web3 Game Companies: BGA Report 2024

Traditional gaming professionals now hold a larger share of roles in Web3 game companies, surpassing blockchain and cryptocurrency specialists.

According to the Blockchain Game Alliance's (BGA) 2024 State of the Industry report, 52.5% of industry professionals have a background in traditional gaming—the highest figure since the survey's inception in 2021.

Blockchain Experts Account for 10% of Web3 Gaming Workforce

In contrast, blockchain and cryptocurrency specialists now account for only 10.8% of the workforce, a sharp decline from 21.7% in 2023. Per the report:

“For an industry that has faced great scrutiny regarding the importance of building fun-first and less financialized games, it is significant to see an increased prevalence of professionals coming from a background in gaming as opposed to blockchain or cryptocurrency.”

Digital asset ownership continues to be the most valued feature of blockchain gaming, with 71% of the 623 respondents identifying it as a key advantage.

This sentiment has remained consistent since the first BGA survey in 2021.

Other noted benefits include new player reward models and alternative revenue streams, which underscore blockchain's potential to transform the gaming landscape.

1/ Web3 Gaming hit new heights in November with a record 24.6M daily unique active wallets (dUAW) fueled by rising user activity and BTC's historic increase past $100K.

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