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India shows strong growth in the crypto market and in the field of P2P games

Nov 16, 2022
India shows strong growth in the crypto market and in the field of P2P games
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Analytical exchange Statista conducted a survey among 9 thousand people and found that India is the leading state in terms of growth in activity in the crypto market. Over the past 4 years in India, the number of people, associated with cryptocurrency, has increased more than 3 times (from 8% to 27%). The second and third places in terms of growth rates were taken by Brazil and the United States. The smallest increase is observed in Spain, China and Mexico. 

The Indian government does not rule out the possibility of issuing a digital rupee as early as next year. Also, other issues, related to improving the quality of the digital economy, are considered.

It is worth noting that India has distinguished itself by a large number of participants in the segment of blockchain games with the «play to earn» mechanics. According to a May survey, it became known that at least 34% of residents regularly play P2P games. Also, these games are popular in Hong Kong and the UAE.

Experts believe that blockchain game adoption rates will increase by 10% in 2023. Gamers are provided with a variety of games with different mechanisms to choose from, both free and with attachments. 

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