It was revealed in the earnings report for the fiscal year ending in May that the largest game information and game tips website “GameWith” invested in CryptoGames Co., Ltd., which deals with the popular blockchain TCG “Cryptospells” .
— CryptoGames Inc. /クリプトゲームス株式会社 (@CryptoGamesinc) July 10, 2019
GameWith boasts overwhelming user access through game cheats, game introductions, YouTube video distribution, etc., and although it is declining now, it has reported 550 million PV in the fourth quarter of the fiscal year ending May 2019.
In addition, GameWith is not limited to the transmission of game information, but is developing business in various fields in the game industry, such as the management of its own e-sport team and the development of the blockchain game “EGGRYPTO”.
Cryptospells, which received the investment, has officially released and launched a cloud sale on June 25 of this year, and has attracted great attention such as the cumulative sales of in-game currency “SPL” exceeding 600ETH on the first day of release .
Funding from the highly influential GameWith in the gaming industry is a major step forward in expanding the blockchain game market.
The current blockchain game market is still an unexplored market, but it is also a market with room for further development.
The blockchain game itself might not appeal to anyone, if anything, it can be said that there are many things that place weight on the blockchain (asset value) rather than the game.
Blockchain enthusiasts might be interested, but the lack of depth in terms of gaming won’t attract the typical gamer persona.
However, being attractive for pure gamers is essential for the expansion of the blockchain game market.
If there is no proper balance of gameplay and blockchain it might pose a big problem in the future.