STAN’s IBW Gaming Mixer Spotlights Web3 Gaming’s Path to Mainstream Adoption
India, December 112023 / AlexaBlockchain/ – .The recently concluded IBW Gaming Mixer, backed by STAN, India’s fastest growing gaming startup, brought together gaming visionaries, industry leaders and passionate Web3 enthusiasts to provide an unforgettable journey into the dynamic realm of Web3 Gaming. The event was a discussion of groundbreaking ways to build connections and create value in the ever-evolving Web3 Gaming landscape.
With 568 million online gamers, India has emerged as the second-largest global gaming powerhouse after China, according to Lumikai’s State of India 2023 report. As reported by Dentsu, this surge in games is expected to reach a whopping 700 million by FY25. India also remained the leader in global game downloads with 15.4 billion downloads. The overall Indian gaming market is expected to expand significantly, growing from $3.1 billion in 2023 to $7.5 billion in 2028, driven by a strong compound annual growth rate (CAGR) of 20%. This growth has been fueled by increased Internet accessibility, affordable smartphones, and the growing popularity of online gaming platforms, with the transformative impact of Web 3.0 playing a significant role.
Amidst this burgeoning industry and STAN’s noteworthy contribution to the Indian gaming sector, IBW Gaming Mixer hosted an engaging panel session featuring respected industry experts. Sebastien Borget of The Sandbox, Vinayak Rao of Aptos, Neeraj Khandelwal of Okto, Christina Macedo of Ready Games, Bhavdeep Dhingra of OKX, and Kameshwaran Elangova of Jump.trade in an insightful discussion on “The Road to Mainstream Adoption of Web3 Gaming” I participated.
These industry giants shared their perspectives, experiences, and profound vision for the future of Web3 Gaming. Through a kaleidoscope of insights, attendees gained valuable perspective on Web3 Gaming’s complex journey toward mainstream adoption.
Speaking at the event, STAN co-founder and CEO Parth Chadha said: “During the exchange of ideas, IBW Gaming Mixer went beyond the traditional and raised a toast to the future. Here, technology and taste come together in harmony, symbolizing the intersection of innovation and taste. It was not a simple incident. It was a sensory experience and a celebration of the synergy between cutting-edge technology and greater enjoyment of life.”
IBW Gaming Mixer represents a pivotal moment in the evolution of fan engagement, uniting gaming enthusiasts, industry leaders, and innovators under the banner of Web3. Through its commitment to bridging the gap between gaming and blockchain, STAN has established itself as a pioneer in the gaming ecosystem. The IBW Gaming Mixer blazes a path forward, and as STAN continues to redefine fan engagement, the possibilities are endless at the dynamic intersection of esports and Web3.
The gaming community eagerly awaits further developments and innovations from STAN as it continues to play a pivotal role in shaping the future of Web3 Gaming and the Indian gaming industry as a whole.
Source: Stan
Submit your blockchain and cryptocurrency press releases here.
