Web3 Technology Continues to Get Support from the Asian Market - Coinleaks
Current Date:September 21, 2024

Web3 Technology Continues to Get Support from the Asian Market

The Asian side, which has a large share in the Web3 game industry, continues its activities on Web3 technology.

A report published on April 13 by DappRadar, one of the well-known names of analytical platforms, AsiaIt attracted great attention by addressing the data in the market. 55% of the world’s players are in the Asian marketThe report stating that the Asian market is actually Web3 It also highlights the importance it attaches to technology. The Asian market, which stands out with its Web3 studies globally, has gained more value for the sector with the latest published reports. Various companies have intensified their activities in this field in the near future, It has been one of the biggest factors that helped the Web3 market develop.

Asian Market’s Web3 Reports Published

According to the report published by DappRadar Asia is home to 1.7 billion playersr and annual game revenue of $72 billion making it a critical market. The Asian market, which has 55 percent of the players in the world, continues its development in statistics.

According to DappRadar, China, Japan, and South Korea are among the dominant countries of the gaming industry in Asia and are the world’s largest by market capitalization. Hosting 62 out of 100 gaming companies doing . It’s also home to more than half of global gaming revenue and has long been the “driving force” behind the global gaming industry, according to the report. Due to these factors DappRadar, Asia of the regionIt claims to play a crucial role in the adoption of blockchain games”.