GM. It's Crypto Player One, the first and only daily newsletter on crypto gaming. We are finishing the week off with: Daily Trivia. Three insights into the VR market. In Other News. Daily Trivia What was the favorite game of Steve Wozniak, the co-founder of Apple? Scroll down to find out the answer. Three Insights From The VR Gaming Market Our friends at Newzoo dropped a +40-page report on the VR gaming market, and we read it like good boys. Here are the 3 things we learned: 1/ The VR market has been enjoying a nice resurgence since 2020. When in 2014, Facebook bought Oculus, many investors became interested in VR. But the hardware was still expensive, so the market was small. As a result, developers didn't want to create content for that space. So the market remained small due to a lack of content. But now, things are different. Meta has been mass-producing cheap VR headsets, and there's more VR content. And more players are building on and for VR. 2/ The VR space is growing rapidly According to the report, the VR hardware install base is expanding: Also, VR game revenues are projected to double in the next three years. 🤯 3/ VR had its first AAA game Half-Life: Alyx could be called the first mass VR game success. It sold over 2 million units worldwide, taking advantage of the Half-Life IP. The game makes it easy for players to interact with the environment, allowing them to immerse themselves in the game. Our take: These numbers show that while the market is tanking, the interest in VR gaming is only increasing. Curious to see which web3/crypto title will penetrate the VR market, becoming the first mass-market AAA web3 VR game. In Other News Heroic Story gets funding to build an RPG platform for Web3. Walker Labs released a new teaser trailer for its Metaverse game, Walker World. Answer Tetris New to the Newsletter? Sign up to get the first and only daily newsletter on web3 gaming — it’s free! Photo by on Maxim Hopman Unsplash

The writer has or has previously had a business relationship with companies mentioned in this article.

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