476 million dollars in the first half of 2021. That’s what 24 blockchain game companies have collected – according to a game industry report published by InvestGame on July 30. Alone, San Francisco-based blockchain infrastructure firm Forte raised $ 185 million for its gaming platform in an investment round led by Griffin Gaming Partners, while developer and publisher The Sandbox Animoca raised $ 88,888. 888 in a round led by Kingsway Capital. Angeles Mythical Games, a startup that became famous for the sandbox multiplayer game Blankos Block Party, grossed $ 75 million, most of which came from Westcap. These three companies alone raised about 75% of the $ 476 million.
The gaming market is constantly expanding and this sector, on blockchain, is still a niche and expensive space. There are often high economic and technological barriers to entry for casual gamers. For example, players need to buy NFTs to get started and the price of game-related tokens is very volatile. But considering that this sector has only recently been born, it could still see growth in the long term