Stan, an up-and-coming Indian gaming startup, recently organized the insightful IBW (India Blockchain Week) Gaming Mixer event focused on the future of Web3 gaming. This successful event convened industry visionaries, leaders, developers, and enthusiasts to discuss driving mainstream adoption of Web3 games.
With over 568 million online gamers, India has the second largest gaming market globally following only China’s massive market. Moreover, India’s gaming market is rapidly ascending, expected to reach a staggering 700 million gamers by 2025 according to industry analysis. There has already been an explosion of game downloads surpassing 15.4 billion downloads last year, cementing India’s position as a vanguard of global game downloads. Meanwhile, rapidly swelling revenues reflect the bullish outlook, with projections that India’s gaming market revenues will steeply elevate from $3.1 billion presently to over $7.5 billion by 2028 as Web3 gaming claims more terrain.
The vibrant IBW Gaming Mixer event encapsulated the momentum and promise of India’s gaming market through insightful talks and perspectives on the future of Web3 gaming. An eminent speaker panel delved into obstacles and opportunities for pushing Web3 gaming into the mainstream, consisting of Sebastien Borget from trailblazer The Sandbox, Vinayak Rao from fledgling-but-promising Aptos, and various other luminaries from Okto, Ready Games, OKX, and Jump.trade. The discussions illuminated how India fits into the global ascent of Web3 and metaverse gaming concepts.
Stan co-founder Parth Chadha encapsulated that this event facilitated not just an exchange of cutting-edge ideas but also a “harmonious celebration” of innovation intersecting with entertainment thanks to the promise of Web3 interactivity. The IBW Gaming Mixer has set the stage and tone for more insightful dialogues between gaming leaders on carrying the torch for Web3 gaming in one of the industry’s most lucrative emerging global markets.
#Gaming #Web3 #Metaverse #Blockchain
