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72.5% of the Top Video Game Companies Have Ventured Into Web3

Published 10/27/2023, 05:52 PM
Updated 10/27/2023, 06:15 PM
72.5% of the Top Video Game Companies Have Ventured Into Web3

  • According to CoinGecko, 72.5% of the top video game companies by market cap have ventured into Web3.

  • Some of the top companies include Microsoft, Tencent (HK:0700), Sony, NetEast, and Nintendo.

  • Only seven of the listed companies, or 24.1% of the 29, are developing blockchain games.

According to CoinGecko, a leading cryptocurrency aggregation platform, 72.5% of the top video game companies by market cap have ventured into Web3. Some of the top companies listed in this category include Microsoft, Tencent, Sony, NetEast, and Nintendo.

In a recent report, Coingecko noted that these top digital companies have adopted Web3 technologies to varying extents. According to the report, while some listed companies are investing directly in Web3 gaming projects and blockchain game development, others are hiring staff for blockchain-related positions.

The 72.5% of the top companies identified by CoinGecko account for 29 out of 40 video game producers …

The post 72.5% of the Top Video Game Companies Have Ventured Into Web3 appeared first on Coin Edition.

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