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The Sandbox with FaZe Clan World and Guild of Guardians with the biggest names in esports, are leading the trend
In 2021, the esports market grossed more than $2 billion in revenue, and growth is set to continue with the industry’s latest foray into blockchain gaming. Esports has set its sights on blockchain gaming and Web3, and various leading esports organizations have now partnered with The Sandbox and Guild of Guardians, the leading brands in the blockchain space.
Esports and the role of gaming in the Web3
While 2022 is not a boom year for the decentralized app industry as a whole, gaming dapps are showing an unforeseen strength.
Our report shows that gaming DApps drove 52% of all blockchain activity in the second quarter of 2022. And this trend is attracting the big names in the gaming industry.
A whole new FaZe World in The Sandbox metaverse
FaZe World, the leading US esports organization, has announced plans to build a metaverse gaming experience in the sandbox in 2023.
Lee Trink, CEO of FaZe Clan, said in an official press release that the company’s “leadership position at the apex of gaming and youth culture provides the ideal opportunity to build bridges and lead the broader gaming community into the metaverse.
Welcome to FaZe World 🌎!
Coming to @TheSandboxGame in 2023 pic.twitter.com/d838iJpd3z
– FaZe Clan (@FaZeClan) September 15, 2022
The news broke on September 15, 2022, and has already spawned the Web3 community. Players will be able to purchase virtual lands in the FaZe world where they can build gaming experiences and earn digital tokens. The date and details of the land sale have not yet been announced.
In addition, uniting esports with blockchain technology could allow players to create new, decentralized revenue streams – something that has not been seen in the industry to date.
The game-changing Guild of Guardians partnerships
Guild of Guardians is an upcoming Web3 mobile action RPG that adds NFT and a token economy to its gameplay. But it’s about to go further with partnerships that could change the history of the game.
Also announced on September 15, Guardians Alliance welcomes the world’s most famous esports teams into the future of the game. team Liquid, Cloud9, NAVI, T1, Fnatic, Ninjas in Pyjamas, NRG and SK Gaming will represent their teams with playable in-game characters that will be available as digital collectibles on traded on Immutable X.
To save Elderym, Guild of Guardians has joined forces with the biggest names in gaming 🤝.
Introducing @TeamLiquid @natusvincere @SKGaming @FNATIC @NRGgg @T1LoL @NIP @Cloud9 🔥
Only guardians with unbreakable resolve stand a chance! ⚔️
Learn more 👉 https://t.co/Xg3C4iZTXI pic.twitter.com/5GcjeJ4DVH
– GuildOfGuardians (@GuildOfGuardian) September 15, 2022
You can go deeper in the official announcement, “This is a landmark collaboration across the gaming industry with a long-term vision to align incentives in a win-win, symbiotic cycle of success between eSports teams, their fans, and in turn, the Guardians Association.”
Keep learning about Web3 gaming with UNITBOX
In the past two decades, esports has grown from a niche market in South Korea to a global phenomenon. Esports has created superstars that entertain audiences with high levels of gaming. The creation and consumption of gaming entertainment happens in the digital realm.
With the rise of digital item ownership on one hand and the metaspace on the other, blockchain gaming seems like a logical next step for esports to continue its phenomenal growth.
In 2012, esports generated about $100 million in annual revenue, while it has now reached $2 billion. Market research suggests further growth, at 21.9% annually, to reach $12.4 billion by 2030.
To keep your finger on the pulse of esports, Web3 and blockchain gaming, UNITBOX has the best tools to help you gain an understanding of the decentralized gaming app market during your research. Start with our ranking showing the best and most used play-to-earn games on various blockchains.
- A complete overview of the current state of the blockchain gaming industry is available on our official webpage.
In addition, our blog provides everything you need to read to understand how the world works. Follow your journey of knowledge by reading about the game. the ultimate guide to UNITBOX.
Don’t forget to join the UNITBOX community on Discord and Twitter to keep up with the latest trends and major news.
The above content does not constitute investment advice. The information given here is purely for informational purposes. Please do your due diligence and do your own research.
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