May 31, 2022
By Sharan Kaur Phillora
Hong Kong ranks second amongst 26 countries and markets, just below India, to have adopted the play-to-earn craze with 29% of internet users using NFT gaming platforms, a report by Finders.com, a Sydney-headquartered research firm whose website lets people compare financial products.
Here’s what we know:
In the Finder’s NFT Gaming Adoption Report, play-to-earn (P2E) adoption in the country is already twice that of the global average of 14% and is still set to grow. Roughly 28.7 percent of respondents in Hong Kong said they had played NFT-based “play-to-earn” games, while 55 percent said they did not know what a “play-to-earn” game is, the survey found.
The report found that 8% of Hong Kongers plan to use a P2E NFT game by the end of the year, which could boost the adoption of P2E users in the country to 36%.
P2E games often employ the use of cryptocurrency in which players are able to earn through the continued playing of the game.
In some places, the popularity of NFT games matches the popularity of NFTs. The Philippines, United Arab Emirates, Vietnam and Hong Kong are all among the top 10 locations for NFT ownership, according to another survey published by Finder in November.
The top five markets for NFT adoption are India (33.79%), Hong Kong (28.75%), The UAE (27.27%), The Philippines (25.01%), and Vietnam (22.96%). Finder.com’s survey was conducted among internet users in 26 countries. The sample size for each country ranged from 1,000 to 3,800 people and was directly proportional to the population size.
About the author
Sharan Kaur Phillora’s thirst for knowledge has led her to study many different subjects, including NFTs and Blockchain technology – two emerging technologies that will change how we interact with each other in the future. When she isn’t exploring a new idea or concept, she enjoys reading literary masterpieces.Survey finds Hong Kong NFT gamers rank second in the world, only surpassed by Indian gamers