Everyone knows that the gaming world is a huge success. Just look around you and you'll see someone playing or consuming content related to the universe.
Whether it's on a cell phone, computer or even watching it on television via a streaming games platform, the gaming world is here to stay and has won over thousands of people all over the world.
But perhaps what you don't know, like many Brazilians, is that this universe goes far beyond entertainment. The gamer market is a major power that drives our global economy, and that's what we're going to talk about today.
Check out this post:
- The gamer market and its impact on the economy;
- The gamer universe: why invest?
- What is NFT?
- How to invest in NFT?
Happy reading!
The gamer market and its impact on the economy
Over the last few years, one of the sectors that has expanded the most in Brazil is the games market. As research carried out by Super Data shows, in November 2020 alone, the games market generated around US$ 11 billion dollars, and this figure is expected to grow even further. According to an estimate made by Newzoo, the gaming universe is expected to make US$ 200 billion in 2023.
But don't worry, it doesn't stop there! As well as boosting the economy, the gamer world has opened up new opportunities in the job market, such as the profession of game streamer.
If broadcasting and commenting on online games used to seem like just a fun time, today streamers have become a new profession that is gaining more and more followers.
The strength of this new profession can be seen in the figures from Twitch, the world's largest streamer platform. In the first quarter of 2021 alone, the platform reached over 6.3 billion hours watched, with views more than doubling compared to the previous year.
With so many positive forecasts, let's talk about our country? We're one of the biggest consumers of online games in Latin America and there's no denying that. According to Pesquisa Game Brasil (PGB), around 74.5% of the Brazilian population consume this type of content, in other words, three out of every four people play online games.
And when it comes to streamer services, we're not only one of the countries that consume the most on the platform, but we also have professionals who work in the area and are a worldwide reference, such as the Brazilian Gaules, who, in March this year, was the second most watched streamer in the world (look at Brazil's strength).
You can already see that all this is worth millions, can't you? In fact, what started out as a game now drives the Brazilian and world economy, as well as generating many new job opportunities.
But if the gaming world is such a powerhouse, why not take the opportunity to invest in it? You can surf the gamer wave and make money both by investing in the medium and by playing or streaming, and that's what we're going to talk about in the next topic.
The gamer universe: why invest?
Okay, you've already understood that, in Brazil, the games market is the big sensation of the moment. But why should you invest in it? As a booming market, the gaming universe is easily accessible and allows you to invest in the sector, regardless of where you are.
What's more, you don't need to invest large sums to start making a profit from games - you can even earn from playing them. Not to mention that games bring great long-term financial returns, due to their super appreciation potential, and can also include you in the Brazilian and international financial markets.
Now that you have more than one reason to invest, let's get to the point, shall we? If you still don't know about NFT games, it's time to get up to speed, as this could be a way of making a profit from playing them. Read on and find out how to invest in the gamer market with games.
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What is NFT?
Although they were created in 2016, NFT games only conquered the gamer public four years later and today they influence the world market. But what is NFT anyway? With Artificial Intelligence added to the gaming industry, users have an increasingly realistic experience within a digital platform. But have you ever wondered if, in addition to this new virtual reality, users could have exclusive items?
The acronym for non-fungible token is a kind of digital identity, you know? In other words, the NFT proves the authenticity of an item. Shall we take a practical example from the world of works of art?
Imagine the Mona Lisa painting, it's unique in the world, impossible to replace and it's kept under lock and key in the Louvre museum. Even though there are several copies scattered around, in the end we only have one real Monalisa.
In the digital world, to prove the authenticity of an item, there is the NFT. But how does this fit into games? When you're playing games, there are unique, exclusive items that can't be reproduced and are extremely valuable to the gaming world.
In other words, no more finding copies of them around! If, before, the user only had a replica of an item that everyone else had, today, the gamer will have a collectible item. But the best thing is that, despite being authenticated, the item can be transferred without any problems, and that's where gamers profit.
How to invest in NFT?
When you win exclusive NFT items, you can sell them to collectors and make real money from it. It sounds like a joke, doesn't it? But those who love this universe can pay a lot of money to virtually own an exclusive item from their favorite game.
If, on the one hand, the number of consumers looking for collectibles is growing, on the other, the market for selling NFT items is also expanding. There are those who make a good living from this type of business.
In fact, there are millions of players who are looking for paid traffic and investing in an off-platform digital marketing strategy to promote their desired items. With a single authenticated item, you can make a lot of money.
But what's more, the NFT also allows you to earn money by playing. That's right! The more you play, the more you earn. In the play-to-earn game model, you can exchange virtual coins for cryptocurrencies or cash. The further you progress through the levels and earn rarer items, the better your game balance will be.
An example of this model is Bomb Crypto, one of the most famous games. Before you can make a profit in this game, you have to invest in buying avatars. If you've played Bomberman, you'll certainly have no trouble with Bomb Crypto, which is inspired by the great classic.
The rarer your character and the further you go in the game, the greater your chances of a return. After completing the missions, players who do well can turn the game's currency into cash.
Another example of an NFT game that is a big trend is Axie Infinity. In the universe of monsters and virtual battles, players can earn AXS, the platform's official currency, and sell it to profit from cryptocurrencies.
So, are you interested in NFT games or the gamer universe? If you liked our content and want to start investing in one of the biggest markets in the country, just find your style of play, the best platform and play the game.
But before you start playing, don't forget to check out our latest post. Learn more about new technologies, new digital services and changing consumer behavior. Visit the post New normal: how to respond to the advance in digital services.
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