Study: India Leads the World in NFT Gaming, Fewer P2E Players in Western Countries
India is the global leader in non-fungible token (NFT) gaming, while the number of play-to-earn (P2E) players in developed countries like the U.S. and France is significantly lower than in much of the rest of the world,...
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India is the global leader in non-fungible token (NFT) gaming, while the number of play-to-earn (P2E) players in developed countries like the U.S. and France is significantly lower than in much of the rest of the world, the latest data from Finder has shown.
More People Plan to Play in the FutureAccording to Finder’s latest NFT gaming statistics, India is the country with the highest number of respondents (34%) that have played a P2E game. Hong Kong is the next highest country with 29%, while the United Arab Emirates is third with 27%.
While the popularity of P2E games appears to be growing, data from Finder seemingly show a distinction in the level of interest between respondents from Western countries and the rest of the world. To illustrate, in the United States, where nearly 14% of the respondents said they know what P2E is, only 9.4% played at least one game. Only 4.3% of respondents in Sweden admitted to having played.
However, in the study wherein Finder sought to determine the NFT gaming habits of internet users in 26 countries, the research firm said it found that more respondents in the U.S. plan to play in the future. Remarking on the scale of the expected growth in the number of U.S. residents that plan to play P2E games in the future, Finder said:
That figure is expected to increase 1.8 times by the end of 2022, with the percentage of people in the US expected to hit 16.5%.
In France, where only 6% of the respondents have played a P2E game, the figure is expected to rise to 15%. The other big movers are Peru (going from 13% to 29%) and Spain (8% to 17%).
Nigeria Leads AfricaMeanwhile, the survey also found respondents under the age of 35 to be leading the way in NFT gaming. India again leads in this category with 41.7% while Germany, Sweden, and France all had less than 10%.
In Africa, only respondents from two countries — namely Nigeria and South Africa — took part in the study. In Nigeria, 16% of the respondents said they played a P2E game and a further 16.9% plan to do so in the future. In South Africa, about 10.2% said they played an NFT game while 10.6% plan to do the same in the future.
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This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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