play to earn

When it comes to Play-to-Earn, India has taken the top rank (P2E). According to a new survey, 34% of Indian respondents had played a P2E game.

NFT gaming is also popular in Hong Kong (29 percent) and the United Arab Emirates (28 percent) (27 percent ).

Sweden, on the other hand, has only 4% of respondents who say they have played NFT games. So far, France (6%) has had a modest uptake.

According to the Finder’s NFT Gaming Adoption Report, all of this is true. In total, 43,312 persons from 26 countries were polled by Finder.com.

India is the world's leading adopter of play-to-earn gaming. krishhh | BuyUcoin

India is top, followed by Hong Kong.

Finder’s cryptocurrency editor is Keegan Francis. According to him, Hong Kong’s P2E adoption rate is already twice the global average of 14%. And he believes it will continue to expand.

“An additional 8% of Hong Kongers plan to use a P2E NFT game by the end of the year, meaning adoption could soon reach 36%. In Hong Kong, men are more likely to participate in P2E than women. 31% of men said they have played-to-earn compared to 27% of women – a gap of 4 percentage points.”

Other nations

While India and Hong Kong compete for first place, the United Arab Emirates is climbing the rankings (27 percent ). The Philippines is next, with a difference of only two percentage points (25 percent ).

India leads in Play to earn gaming.

According to the findings of Finder’s report, “P2E is on the rise globally, with adoption set to grow 10% on average.”

Says Francis, “For new gamers there are a number of platforms to choose from, each with different mechanics. Some are free to play while others like Axie Infinity require an initial investment. If you are interested in a game but can’t afford the entry cost, for example Axie NFTs that are required to play, you might want to consider a Guild. Guilds allow players, known as scholars, to play a game like Axie Infinity for free by lending you the required NFTs and you are then usually entitled to a share of the earnings while the remainder goes to the guild.”

NFT gaming adoption by market

India – 33.79%
Hong Kong – 28.75%
The UAE – 27.27%
The Philippines -25.01%
Vietnam – 22.96%
Singapore – 22.68%
Malaysia – 19.43%
Brazil – 17.55%
Nigeria – 16.05%
Venezuela – 14.11%
Peru – 13.15%
Colombia – 12.68%
Argentina – 12.06%
Chile – 11.36%
Ireland – 11.31%
Mexico – 11.11%
South Africa – 10.20%
The US – 9.37%
Canada – 8.38%
Switzerland – 8.37%
New Zealand – 8.19%
Spain – 8.05%
The UK – 7.55%
Germany – 7.40%
France – 5.75%
Sweden – 4.33%

Source: Beincrypto

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