Non Cult Crypto News

Non Cult Crypto News

in ,

Executives flood blockchain gaming firms ahead of 2025’s AAA launches

Blockchain Gaming Association’s fourth annual survey showed growth in the C-suite, but other demographics appear to be slipping.

COINTELEGRAPH IN YOUR SOCIAL FEED

The blockchain-based gaming sector is becoming increasingly top-heavy as it moves further into the mainstream, according to data from the Blockchain Gaming Association’s fourth annual survey.

Marking the association’s largest effort to date, the 2024 survey aggregated and analyzed data provided by 623 survey respondents from the Web3 gaming industry. Those surveyed included industry professionals ranging from C-suite executives to professional e-sports players.

While much has remained the same since the annual survey began in 2021, including the notion that both trust and user experience issues are the primary factors holding adoption back, the 2024 survey indicates pivotal growth in the C-suite and an influx of talent with gaming industry experience prior. 

Per a report detailing the survey’s results, 73.2% of respondents were in upper management positions. 

“Of these, senior leadership remained prominent, with 46.7% of respondents at the founder, director, or C-level position — the highest representation seen in four years.”

A packed C-suite

The report stated that the concentration of senior roles in the industry reflects “consolidation” and pointed to tighter budgets and hiring slowdowns in the wake of the “crypto winter” after the so-called non-fungible token (NFT) boom of 2021. According to the Blockchain Gaming Association, the top-heavy nature of the sector is a result of tighter budgets and hiring slowdowns. 

However, the influx of outside talent could account for some of the movement at the top. More than half (52.5%) of those surveyed indicated that gaming was their primary area of expertise. This is up significantly from 2023 (34.2%) and 2022 (39.2%). Those identifying as blockchain or cryptocurrency specialists were down to just 10.8% from about 21% in 2022 and 2023 and 27.4% in 2021.

The Web3 gaming sector appears to be positioned for a strong entry into the AAA gaming market in 2025, with contenders for mainstream appeal slated for launch from Ubisoft, Square-Enix, CCP, and others. 

Related: Crypto-friendly gaming giant Tencent considering Ubisoft buyout: Report

Static demographics

Ahead of the AAA push in 2025, the blockchain gaming sector appears to face several challenges. According to the survey, those 18 to 24 represented only 6.1% of respondents. This aligns with the notion that Web3 has become top-heavy and could make it difficult to develop talent for the future or engage youth audiences. 

“Gender diversity remains a challenge,” as well, wrote the association. About 82% of respondents identified as male, with those numbers jumping at the highest levels of employment.  

“Of the CEOs, Founders,Directors, and C-level executives that responded to the survey, 87.2% were male and only 12.5% were female. This skews more male than the overall survey respondent demographics.”

Magazine: 13 Christmas gifts that Bitcoin and crypto degens will love

This article first appeared at Cointelegraph.com News

What do you think?

Written by Outside Source

Springfield man is convicted for using crypto to finance ISIS operations

Hong Kong vows to finish crypto asset reporting framework by 2026

Back to Top

Ad Blocker Detected!

We've detected an Ad Blocker on your system. Please consider disabling it for Non Cult Crypto News.

How to disable? Refresh

Log In

Or with username:

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

To use social login you have to agree with the storage and handling of your data by this website.

Add to Collection

No Collections

Here you'll find all collections you've created before.