Analyst company Newzoo believes that the need to diversify financial flows will force esports organizations to use blockchain.
Through research, Newzoo found out that the Play-to-Earn (P2E) model is rapidly evolving, and the adoption of blockchain in esports is becoming more and more popular. According to analysts, this trend will continue as more gaming companies try to incorporate blockchain into their products.
In addition, analysts believe that game publishers will use the blockchain for safe and legitimate trade between players. In addition, games related to the metaverse will also become more widespread.
Newzoo predicts that a virtual real estate gold rush will soon begin as more companies see the potential in the metaverse.
In addition, esports organizations can turn to blockchain to diversify earnings. Experts expect new business models to emerge in the esports industry using technology in the future.
Recall that in January, the Bitget exchange became the official sponsor of the eSports organization Team Spirit.
Source: Bits
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