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C-suite growth in blockchain gaming sector ahead of 2025 launches

C-suite growth in blockchain gaming sector ahead of 2025 launches

GrafaGrafa2024/12/18 02:20
By:Mahathir Bayena

The blockchain gaming industry is seeing a surge in executive-level professionals, according to the Blockchain Gaming Association’s fourth annual survey.

The survey, conducted in 2024, analysed responses from 623 professionals within the Web3 gaming sector, from executives to e-sports players.

Data revealed that 73.2% of those surveyed held upper management roles.

“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,” the report stated.

The sector’s growing concentration of senior roles indicates consolidation in the industry.

Tighter budgets and a slowdown in hiring after the 2021 NFT boom have contributed to this trend.

The influx of professionals with experience in traditional gaming, however, suggests new opportunities for growth.

More than half of respondents (52.5%) stated that gaming was their primary area of expertise, up from 34.2% in 2023.

The percentage of blockchain and cryptocurrency specialists dropped to just 10.8%, compared to 21% in 2022 and 27.4% in 2021.

As blockchain gaming firms prepare for the AAA launches scheduled for 2025, major players such as Ubisoft, Square-Enix, and CCP are set to release high-profile titles.

However, despite these positive signs, the sector faces challenges in terms of demographic representation.

The 18 to 24 age group accounted for only 6.1% of respondents, suggesting a lack of youth engagement in the industry.

“Gender diversity remains a challenge,” the survey noted, with 82% of respondents identifying as male.

The imbalance is more pronounced in senior positions, where 87.2% of CEOs, founders, directors, and C-level executives were male.

This top-heavy structure could pose long-term challenges for talent development and diversity.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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