The NFT Industry And Blockchain-Based Games Are Increasingly Crowded, Here's What Twitch's Co-Founder Says

Justin says the gaming and NFT industry is “much bigger” than Twitch. (Twitch Blog)

JAKARTA – Twitch co-founder Justin Kan shared his opinion on the gaming industry and Non-fungible Token (NFT) recently. He expressed his opinion in support of the game project and NFT. Justin Kan expressed his opinion on his personal Twitter social media account on Tuesday, February 8 yesterday.

In the post, Justin stated that the gaming and NFT industry is “much bigger” than his biggest streaming platform, Twitch, which actually has millions of users worldwide. The tweet garnered a lot of attention from social media users with 3,693 retweets and 21.1K likes as of Wednesday, February 9th.

According to his profile, Justin Kan is currently building for Web3 games and their fans. No wonder the creator of the world's largest streaming platform supports the gaming industry and NFT.T

Not only Justin who supports the blockchain and NFT-based gaming industry, but also Apple Pay builder, Jake Frey. He also stated that the NFT industry is "much bigger than previous projects with billions of users."

The Rise of NFT and the GameFi Industry

Reporting from U.Today, blockchain-based gaming is nothing new even for the previous bullrun in 2017. Following the rapid growth in NFT demand and gamification trends, the number of GameFi projects on the market exceeded 400 at the end of January, according to DappRadar.

The number of games based on blockchain technology soared during the second phase of NFT's growth. According to OpenSea, the NFT collection and its creators earned record-breaking revenue in January, surpassing last September's record.

With the industry's rapid growth, of course, some experts from fields relatively close to GameFi became interested in rapidly evolving technology and joined new trends like Justin Kan.