Gamers are more interested in earning Bitcoin than NFTs: Survey

Share This Post

The study found that compared to NFTs, five times more respondents are interested in earning Bitcoin while playing games.

While some gamers are against nonfungible token (NFT) integration for games, a large portion are willing to play if they are given opportunities to earn cryptocurrency, according to a recent survey. 

In an announcement, fintech firm Zeebedee published the results of a study that surveyed gamers based in the United States to measure their exposure to crypto and their sentiments toward blockchain gaming.

The researchers found that 67% of the respondents are more likely to play free games if the games offered crypto rewards. Out of the survey participants, 45% believe that there are benefits in being able to trade game characters and items with other gamers, while 23% said that it may have a negative impact. The remaining 32% did not comment.

Apart from these, the study also found 27% of respondents are interested in earning Bitcoin (BTC) in games, while only 5% are interested in earning NFTs. This suggests that more gamers are interested in getting BTC in play-to-earn (P2E) games than simply getting NFTs.

According to Ben Cousens, the chief strategy officer of Zeebedee, one of the highlights of the survey was that most gamers have a positive or neutral opinion on crypto rewards. Apart from this, the executive noted that interest in Bitcoin was also high. Cousens explained that:

“Despite the bulk of industry attention being focused on NFTs, we found that Bitcoin stands out as the most popular decentralized asset amongst gamers when compared against other cryptocurrencies, including NFTs.”

Of the respondents that hold cryptocurrencies, the researchers found that 55% don’t hold cryptocurrencies. The rest holds either Bitcoin, Ether (ETH) or Dogecoin (DOGE).

Related: Blockchain gamers surge as users attempt ‘stacking crypto’ — DappRadar

Meanwhile, another survey published on July 15 revealed that one out of three gamers is interested in using crypto in the metaverse. The survey also highlighted that the concept of P2E gaming is well-received, with 40% of gamers wanting to play and earn within the etaverse.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin ETFs Hit Record $3.1B Inflows in One Week as BTC Price Aims for $100K

The post Bitcoin ETFs Hit Record $31B Inflows in One Week as BTC Price Aims for $100K appeared first on Coinpedia Fintech News The recent weeks have seen a bullish trend in the crypto market, with

Solana Wallets Caught in a Phishing Signature Attacks

The post Solana Wallets Caught in a Phishing Signature Attacks appeared first on Coinpedia Fintech News The latest fraud incident in the Solana ecosystem is phishing in the form of apparently

Ethereum Price Surge Has Investors Buying New Trending ETH Token And XRP As Price Surpasses $1.5 Mark

The post Ethereum Price Surge Has Investors Buying New Trending ETH Token And XRP As Price Surpasses $15 Mark appeared first on Coinpedia Fintech News Ethereum’s price movements have been

Aptos Price Prediction 2024, 2025, 2030: Is APT A Good Investment For The Upcoming Bull Run?

The post Aptos Price Prediction 2024, 2025, 2030: Is APT A Good Investment For The Upcoming Bull Run appeared first on Coinpedia Fintech News Story Highlights The live price of the Aptos token is APT

Avalanche Price Prediction 2024, 2025 – 2030: Will the Upcoming Recovery Push AVAX Price to $100?

The post Avalanche Price Prediction 2024, 2025 – 2030: Will the Upcoming Recovery Push AVAX Price to $100 appeared first on Coinpedia Fintech News Story Highlights The live price of the AVAX

Helium Price Prediction 2024, 2025–2030: Will HNT Price Reclaim $10 Mark?

The post Helium Price Prediction 2024, 2025–2030: Will HNT Price Reclaim $10 Mark appeared first on Coinpedia Fintech News Story Highlights The live price of the Helium token is HNT price could