How blockchain is creating new opportunities in Africa’s gaming industry

Blockchain technology is revolutionizing the gaming industry in Africa, offering new opportunities for developers and gamers alike. In a recent interview with Vhit Bij, the Country Representative for Zone, CNBC Africa delved into the world of blockchain gaming and the impact it is having on the continent. Vhit Bij highlighted the growth and potential of blockchain technology, particularly within the gaming ecosystem in Africa. He emphasized how blockchain, as a public distributed ledger system, is evolving rapidly across various sectors in Africa, with countries and economies increasingly embracing the technology. One of the key developments in the African blockchain gaming space is the launch of the first ever eSports blockchain gaming platform in Kenya by Zone. Zone is a web3 based gaming layer built on the Algorand blockchain, catering to both professional and hyper casual gamers. The platform introduces the concept of 'play to earn', allowing gamers to compete and win rewards, with 18,000 paid daily active users currently participating. This innovative approach not only provides entertainment value but also monetary rewards, attracting a diverse range of gamers. The instant payout feature enabled by blockchain technology has been a significant draw for young gamers, leading to a surge in demand for the Zone platform. With over 34,000 casual gamers and 18,000 paid gamers onboard in just six to seven months of operation, Zone has witnessed substantial growth. The demographic under the age of 35, which constitutes a significant portion of Africa's population, presents a vast opportunity for the platform to expand further and engage more users. As blockchain and cryptocurrencies gain traction in Kenya, regulatory amendments are being introduced to accommodate the evolving landscape. The government's progressive stance towards blockchain and cryptocurrencies bodes well for platforms like Zone, providing a conducive environment for growth and innovation. With a population of over four and a half million Kenyans embracing cryptocurrencies, the gaming sector is poised to benefit from the regulatory support, fostering a favorable ecosystem for platforms like Zone. Looking ahead to 2023, Zone has ambitious plans for expansion in East and West Africa, as well as Southern Africa. The platform's rapid growth trajectory hints at an exponential rise in users and engagement across these regions. Additionally, Zone's involvement in launching the first gold-backed token with potential yield further enhances its offerings, combining gaming with investment opportunities. The outlook for Zone and the blockchain gaming industry in Africa appears promising, setting the stage for a transformative period ahead.