The World of Gaming online
Take a closer look at online gaming with our guide to this global phenomenon
Gaming online has seen a massive increase in popularity over the last few years, largely down to the way that mobile phone technology has developed. The numbers of people who play online games has risen massively. Almost everyone you know, including people over the age of 40 who are not necessarily the first people who spring to mind when you mention online computer games, will have played some form of online game in the last few weeks.
This has been partly due to social media, of course, which provides accessible platforms where almost anyone can find games to play that suit their lifestyle and interests. Sports games have become very popular, while we have all heard about games like Candy Crush.
Other types of online computer games remain very popular with younger people who like to play online games. Massive multi-player online games, often referred to as ‘MMOs’, remain hugely popular. World of Warcraft, for example, has become a cultural phenomenon that extends far beyond people’s computer screens or gaming mobile phones and has spawned books, a movie and other cultural products.
Here, we will take a closer look at the world of gaming online and at some of the gaming trends associated with it.
What is gaming online and how do you get started?
Even if you have no interest at all in the digital world or technology, the chances are pretty high that you will have heard of online gaming. It is, of course the act of playing games on the internet. There is tremendous variety in the number and types of games that you can play online nowadays, though. From retro arcade games, to intellectual puzzles, to role playing games, to traditional board games like Scrabble, you really can play almost anything you want online these days.
According to Juniper Research’s published white paper, the numbers of people who now play online games regularly is huge. The Newzoo 2018 Global Games Market Forecast stated that mobile gaming and mobile games has been raising online casino revenue. The proportion rose from 18% in 2012 to 51% by 2018. The Newzoo report also predicted that this trend will continue, and it expected gaming online to contribute up to 59% by 2021.
There are also significant geographical trends in the world of online gaming. In November 2018, China made up almost 28% of global mobile gaming revenue, according to tech website iWeb. Japan is another country which makes a massive contribution to the wealth generated by gaming online. A big role in this is played by the way that gamers in Asia have moved away from their computer screens in recent years and started to use gaming mobile phones.
Online gaming and esports betting
It is possible now to pick up skins during online gaming which can be used to bet on esports. Skins are items that improve the cosmetic appearance of your character in some online games. They do not usually have any effect on the actual gaming performance of the character. They are a particular feature of games like Counter Strike: Global Offensive and Defense of the Ancients 2.
Gamers soon found another use for these skins as competitive esports grew in popularity over the last decade. As esports became more popular, increasing numbers of people wanted to bet on the matches and events for games like CS:GO, Dota2 and the International tournament.
While the betting companies were lagging behind demand, many gamers started betting using the skins that they had collected from their own gaming activities. This allowed gamers to use their skins as a kind of cryptocurrency for betting.
It is also possible to sell skins for real money, something that means successful esports skins bettors can actually make some genuine profit from their betting. It will be interesting to see how the concept of skin betting develops in the online computer games world in the years to come.
Highlights
While we have not been able to cover the entire vast breadth of the topic of gaming online in this article, you now have a snapshot picture of this vast phenomenon. As 5G technology develops and becomes more widespread, we are sure to see more new and exciting developments in the world of online gaming. More powerful, faster gaming mobile phones are sure to arrive on the market too.
As the number of games to play increases new gaming trends are sure to emerge in the years to come, especially with the advent of 5G. Concepts such as virtual reality are sure to have an impact too, especially on the world of esports and esports betting. It is an interesting time to be alive for all fans of online gaming across the world!
Gaming
-
Metaverse market to reach $996B by 2030, says GlobalData
GlobalData, a London-based data analytics and consulting company, has predicted that the global metaverse market will reach $996 billion by 2030. As the metaverse market was valued at $22.79 billion in 2021, the company also predicted that the market would have a compound annual growth rate of 39.8 percent. In its report, GlobalData attributed the success to the entertainment industry, which had successfully hosted virtual [...]
-
Web3 gaming marketplace AQUA announces partnership with Immutable X
Web3 gaming marketplace AQUA has partnered with Immutable X to expand its offerings for the Web3 community, including NFTs that can be traded gas-free on the Ethereum blockchain. AQUA will assist Immutable X in gaining traction with the general gaming community, while Immutable X will be providing backend tech and expertise to support games on the platform. "We're bullish on blockchain gaming being the right technology to d [...]
-
Joyride launches crypto wallet for blockchain mobile games
Joyride Games announced Thursday the launch of its crypto wallet, Joyride Wallet, for partner developers within their publishing program. In line with the company's goal to improve new user onboarding processes in blockchain gaming, the wallet offers an "easy-to-use and flexible solution" to manage blockchain assets." The company has implemented Joyride Wallet for its internally developed games, including Solitaire Blitz an [...]
-
NFT card game Splinterlands sells 10 million cards during sale
Blockchain-based collectible card game Splinterlands has sold over 10 million packs as part of its Chaos Legion Sale. The sale, comprising three phases, began on January 17. It was the game's third major expansion since its 2018 release. What makes the Chaos Legion sale notable, besides the sheer number of cards sold, is that only 15 million packs have been minted for Splinterlands. This means that there are only five milli [...]
-
Mythical Games launches Mythos Foundation to advance Web3 gaming
Blockchain gaming studio Mythical Games has launched the Mythos Foundation to bring decentralization to Web3 gaming with help from 22 partner companies, including Ubisoft, Krafton, Netmarble, Kakao Games, Com2uS, CM Games, FaZe Clan, Animoca Brands and Sandbox Gaming. Notable names from the tech and entertainment industries, such as 100 Thieves' chief product officer Pete Hawley, FaZe Clan's chief corporate alliance officer [...]
-
N3twork Studios announces new hero-collector P2E game
Blockchain gaming studio N3twork Studios has announced its newest play-to-earn game, Legendary: Heroes Unchained, a hero-collector RPG that focuses on character progression, social guild-based content and sustainable economics. Staffed by industry veterans from companies such as EA, Disney, Double Fine, Zynga and more, N3twork Studios said that Legendary: Heroes Unchained would have similarities to current free-to-play gach [...]
-
Horizon raises $40m to fund development of SkyWeaver, Sequence
Web3 startup Horizon has raised $40 million in a Series A funding round to develop its NFT game, Skyweaver. Led by Brevan Howard Digital and Morgan Creek Digital, multiple large players in the gaming and Web3 space took part in the funding round, such as Ubisoft, Take-Two Interactive, Polygon, Everyrealm, Xsolla, The Sandbox co-founder Sebastien Borget and Axie Infinity co-founder Aleksander Larsen. Horizon is developing it [...]
-
Apejet To Promote Jungle Safari With NFT Airdrop
GameFi platform Apejet has announced an NFT airdrop to promote the upcoming Web3 game Jungle Safari. Up to 10,000 Apejet Holders will be able to earn an NFT with varying tiers of rarity. With only 500 Super Rare NFTs, 1,500 Rare NFTs, 3,000 Basic NFTs and 5,000 Normal NFTs, Apejet users can get a head start on collecting NFTs for the platform's ecosystem. Apejet is also planning on launching a Decentralized Crypto Wallet [...]
-
Crypto Games Agency launches Big Crypto Game on BSC Blockchain
Following the launch of Crypto Legions v3, Web3 game developer Crypto Games Agency has recently launched their next game, Big Crypto Game, on the BSC Blockchain. As the creator of one of this year's longest-lasting play-to-earn NFT games on the BSC network, Crypto Legions v2, Crypto Games Agency is utilizing its experience to build a sustainable play-to-earn experience that will avoid the common pitfalls other NFT games fal [...]
-
Era7 unveils first champion of World Cup Tournament S1
SantosBrat from Russia has earned $15,000 and digital airdrop prizes after prevailing over fellow Web3 esports players RocketMoneyH and SemestaNami in the first season of Era7's World Cup Tournament. The tournament saw thousands of players from around the world enter, but only 1,296 qualified for the playoffs. That 1,296 was later cut down to 128 for the knockout and final rounds, which received over one million views from [...]