India Is The World Leader In The Adoption Of Play-To-Earn Gaming.

When it comes to Play-to-Earn, India has taken the top rank. According to a new survey, 34% of Indian respondents had played a P2E game.

NFT gaming is also popular in Hong Kong (29%) and the United Arab Emirates (27% ).

On the opposite end of the spectrum, only 4% of respondents in Sweden said they had dabbled in NFT games. France (6%) has also had a modest uptake thus far.

All of this is according to the Finder’s NFT Gaming Adoption Report. Finder.com polled 43,312 people from 26 different countries.

Keegan Francis is the cryptocurrency editor at Finder. According to him, P2E adoption in Hong Kong is already double the global average of 14%. And he believes it will expand.

“An additional 8% of Hong Kongers plan to use a P2E NFT game by the end of the year, meaning adoption could soon reach 36%. In Hong Kong, men are more likely to participate in P2E than women. 31% of men said they have played-to-earn compared to 27% of women – a gap of 4 percentage points.”

While India and Hong Kong compete for first place, the UAE is climbing the rankings (27%). The Philippines follows, with a difference of only two percentage points (25% ).

According to Finder, “P2E is on the rise globally, with adoption set to grow 10% on average.”

Says Francis, “For new gamers there are a number of platforms to choose from, each with different mechanics. Some are free to play while others like Axie Infinity require an initial investment. If you are interested in a game but can’t afford the entry cost, for example Axie NFTs that are required to play, you might want to consider a Guild. Guilds allow players, known as scholars, to play a game like Axie Infinity for free by lending you the required NFTs and you are then usually entitled to a share of the earnings while the remainder goes to the guild.”

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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