Virtual Spaces shall be Worth more than Physical Real Estate

Video games are a huge industry. It’s already bigger than all of traditional sports combined. Read to the end, I share a lucky draw where you can win said virtual land.

Axie Infinity and CryptoBlades broke out as top games operating on blockchain. Axie itself is credited to have invented the Play-to-earn model; players in countries like the Philippines are able to make three times the minimum wage.

Just a couple of days ago, news about Polygon launching a dedicated platform for games on the blockchain broke out. Just today, Tron foundation copy traded that bet. I liked using “BlockGames” to refer to the genre, but the community apparently decided on “GameFi” so there’s that.

With rising interest in very addictive genres like Roguelikes and the mainstreaming of Gacha games (Mihoyo’s Genshin Impact), and considering the trends above, it is a no brainer that GameFi will eventually capture a market worth dozens of trillions, according to my estimates, eclipsing even today’s video games industry by orders of magnitude.

A significant portion of that valuation will indeed be paying for the games themselves, but incrementally adoption is more important than gating participation with an upfront paywall. This is why the most promising GameFi or NFT games like Illuvium and…