The India Blockchain Week Gaming Mixer, fueled by STAN, India’s fastest growing gaming startup, has successfully concluded, bringing together visionaries, industry leaders, and passionate Web3 enthusiasts for an unforgettable journey into the dynamic realm of Web3 Gaming. The event served as a nexus for discussions on groundbreaking ways to forge connections and create value in the ever-evolving landscape of Web3 Gaming. Attendees had the opportunity to engage with industry leaders, developers, and like-minded enthusiasts, collectively shaping the future of Web3. The ambiance resonated with the hum of shared passion and a commitment to ushering in a new era.
According to Lumikai’s State of India Gaming Report FY23, India boasts a remarkable 568 million online gamers, holding the second position globally, following China. According to Dentsu’s report, this surge is expected to culminate at 700 million by FY25. With 15.4 billion game downloads, India retained its spot as a key leader in global game downloads. Simultaneously, the entire Indian gaming market is on the brink of substantial expansion, poised to elevate from $3.1 billion in 2023 to $7.5 billion in 2028, driven by a robust Compound Annual Growth Rate (CAGR) of 20%. This remarkable growth is fueled by increased internet accessibility, affordable smartphones, and the burgeoning popularity of online gaming platforms, with the transformative influence of Web 3.0 playing a significant role.
Amidst this industry boom and STAN’s noteworthy contribution to the Indian gaming sector, the India Blockchain Week (IBW) Gaming Mixer spotlighted a compelling panel session, Esteemed industry experts, including Sebastien Borget from The Sandbox, Vinayak Rao from Aptos, Neeraj Khandelwal from Okto, Christina Macedo from Ready Games, Bhavdeep Dhingra from OKX, and Kameshwaran Elangova from Jump.trade, engaged in insightful discussions on ‘Web3 Gaming’s Path to Mainstream Adoption.’
These titans shared not only their perspectives and experiences but also their profound visions for the future. Attendees were privy to a kaleidoscope of insights, gaining valuable perspectives on the intricate journey of Web3 Gaming toward mainstream adoption.
Speaking at the event, Mr. Parth Chadha, Co Founder and CEO of STAN said, “Amidst the exchange of ideas, the IBW Gaming Mixer transcended the conventional and marked a toast to the future. Here, technology and taste interwoven in a harmonious celebration, symbolizing the intersection of innovation and flavor. It was not merely an event; it was a sensory experience, a celebration of the synergy between cutting-edge technology and the finer pleasures of life.”
The IBW Gaming Mixer marks a pivotal moment in the evolution of fan engagement, uniting gaming enthusiasts, industry leaders, and innovators under the banner of Web3. With its commitment to bridging the gap between gaming and blockchain, STAN propels itself as a trailblazer in the gaming ecosystem. The IBW Gaming Mixer has illuminated the path forward, and as STAN continues to redefine fan engagement, the possibilities are boundless in this dynamic intersection of esports and Web3.