Twitch Streaming Creator Backs NFT Gaming

NFTs and gaming initiatives enabled by the technology have drawn the ire of the creator of the world’s largest streaming platform.

He argues that NFT gaming is a “far bigger” market than Twitch, which has millions of players, according to a tweet he sent on his Twitter account today. A lot of people were interested in the post on social media.

When it comes to gaming and streaming, it’s not unexpected to see that the inventor of the world’s largest streaming platform has gotten behind NFTs. It appears that he is currently building for Web3 games and their supporters, according to his own website profile.

The rise of NFTs and GameFi as a business sector

Despite the fact that blockchain-based games have been around for a while, the market hasn’t seen as many new projects enter the area as it did during the NFT boom of 2020.

As the demand for non-fungible tokens and the gamification trend have grown rapidly, DappRadar estimates that there were over 400 GameFi projects on the market as of the end of January.

During the second phase of NFT expansion, the number of games based on blockchain technology has also increased. In January, NFT collections and writers broke their previous revenue records, according to OpenSea.

Like Justin Kan, other professionals in domains closely related to GameFi have become intrigued by the rapidly evolving technology and are jumping on board this new fad.

 

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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