📋Market Analysis and Growth Potential

Global Game Market Overview and Outlook

  • accounting for more than 50% of the entire gaming market. The gaming market is expected to continue expanding continuously until 2030, with an average annual growth rate (CAGR) of 11%.

  • Particularly, the growth of the global gaming market is being accelerated by technological innovation, the expansion of smartphone adoption, and the introduction of new revenue models. Users are enriching their gaming experience beyond simple entertainment through in-game economic activities and social network participation.

Cryptocurrency Market Status and Outlook

  • As of 2023, the total market capitalization of the cryptocurrency market is 1.2 trillion dollars (about 1.56 trillion won), positioning itself as the center of the Web3.0 ecosystem. The adoption of blockchain technology is creating new opportunities in various industries such as finance, gaming, and art, and enabling decentralized economic activities.

  • Especially, NFT (Non-Fungible Token) and DeFi (Decentralized Finance) are driving the growth of the cryptocurrency market, and as of 2023, the NFT market is valued at about 3 billion dollars (about 39 trillion won). NFTs and cryptocurrencies are providing new ownership and revenue models for the gaming industry, helping users to transform from mere consumers to active participants in the ecosystem.

Integration of games and digital economy

The gaming market and the cryptocurrency market are closely connected at the center of the digital economy. This convergence is achieved through the Play-to-Earn (P2E) model based on Web3.0 technology, NFT asset trading, and the blockchain-based gaming ecosystem.

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Play-to-Earn (P2E) model

Move beyond the existing "Play for Fun" model, allowing players to gain real economic value through in-game activities. The assets obtained in the game can be owned as NFTs and can be traded as cryptocurrencies or used on DeFi platforms.

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NFT assets and economic ecosystem

Items, characters, skins, and other in-game items are issued as NFTs, ensuring digital ownership. Players can freely trade these NFT assets and ensure transparency and credibility through blockchain technology.

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Introduction of decentralized finance (DeFi)

The Defi feature uses game assets to enable new economic activities such as loans, steaking, and interest revenue. This expands the game economy ecosystem, New revenue for both players and developers Provides creating opportunities.

Titan’s Tap is an innovative Web3. 0 platform that maximizes the integration of the gaming market and the cryptocurrency market. The following are the services provided by Titan's Tap based on the correlation between the two markets. Main advantages are.

1. Integration with Telegram TON blockchain

Based on Telegram's over 700 million monthly active users (MAU) and the TON blockchain, it provides fast and stable cryptocurrency trading and NFT management features. The Telegram network supports Titan's Tap to easily connect with global users and maximize community-based user experience.

2. In-game economic activities and rewards

Players can own assets acquired within the game as NFTs and convert them into cryptocurrencies to receive real economic rewards. The P2E model of Titan's Tap encourages users to participate in economic activities beyond simple game play.

3. Developer and creator SDK provided

Titan's Tap offers developers various opportunities for content creation and revenue generation. Through the SDK (Software Development Kit), you can create innovative mini-games and content based on Greek mythology.

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