The Tie Research
AAA GameFi: How Big Could NFT-based Gaming Be?
By Kingsley Bowen
April 28, 2023
- The sample size is small. Only three traditional games and three GameFi games were used to establish rates. The larger the basket of traditional and GameFi games, the more accurate the estimation would be.
- This estimation assumes unique wallets are a proxy for unique players, but players can have many wallets.
- All GameFi platforms are grouped together in this analysis. Protocol revenue is not consistent across blockchain platforms. Even between subnets, protocol revenue rates vary.
- Measuring GameFi revenue in dollars, rather than in the protocol native token, was a limitation of our dataset that likely exaggerates the difference between peak and trough player usage.
- Finally, this estimation assumes the number of players that currently play AAA games are all on-boarded to Avalanche. Currently, there are 3.26 million wallets in the Avalanche ecosystem. While their user base is growing steadily, it will take time before Avalanche achieves a magnitude of ecosystem participants on par with the audiences that top performing AAA games are able to reach.
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