Challenges in Gaming

Considering the overall market, there are 3.09 billion active gamers worldwide, with 24% having engaged in gameplay wagering. The gaming market is projected to grow to $211.2 billion by 2025.

The GameFi sector is particularly experiencing rapid expansion, fueled by the integration of blockchain technology into gaming. The player base is expected to exceed 50 million this year (2024), with wagers within gaming anticipated to surpass $16 billion. Concurrently, the accessibility and scalability of GameFi platforms are increasing, with over 70% expected to be mobile-accessible by year-end.

The SocialFi market, estimated at $2 billion excluding NFT market caps, is poised for exponential growth through 2031. Gunpowder content creators are uniquely positioned to enter early and capitalize on this emerging trend.

Blockchain technology is integral to the Gunpowder ecosystem. These integrations enhance gaming with secure transactions, transparent ownership, and increased trust, driving the global growth of Web3 by $1.76 trillion by 2030 (85.6% CAGR), along with blockchain-integrated gaming.

Despite the promising growth, the gaming sector faces significant challenges that hinder the development of a more sustainable and inclusive economic model:

Traditional Gaming Monetization: Traditionally relies on ad revenues and in-app purchases, leading to gamer dissatisfaction due to intrusive ads and uncompetitive pay-to-win schemes.

Web3 Gaming Sustainability: Web3 games struggle with revenue models, primarily depending on gimmicky token-driven strategies and creating high entry barriers with complex wallet setups and game-specific tokens.

Economic Divide: A noticeable gap exists between top-tier gamers, who benefit from sponsorships and large social media followings, and average gamers, who seek opportunities to monetize their skills and advance towards professional gaming.