at a significant rate, from $1.42 billion in 2022 to a massive $4.47 billion in 2030. Its growth will be driven by the increasing use of smart devices, along with the growing accessibility of internet connectivity, the continued popularity of streaming services and the support of major brands.
, aims to bring about this long-awaited revolution. He discussed Moxy with its CEO Matt deFouw during Cointelegraph’s live AMA session.“Moxy is esports for everyone — it’s as simple as that,” said deFouw. “We’re building an ecosystem where every gamer can compete in esports competitions. It goes beyond the realm of skins and NFTs and focuses on skill-based competition and real rewards.
“You’re going to see a completely different methodology of the gaming process with Moxy. Because we’re using blockchain the way it should be — for real utility — it allows for completely automated payments, seasons and transparency of all gaming processes on our platform,” deFouw said.“We’ve worked through four seasons of beta, and now we want to show publishers and game studios that Moxy is ready for them,” said deFouw. “It’s a whole new revenue stream for publishers,and studios.
The platform also ensures a fair and secure environment by implementing KYC procedures to eliminate bots and trolls, protect publishers, be compliant and also foster trust within the Moxy ecosystem.“It’s important to us to provide a completely transparent Web2 experience even for your grandmother,” deFouw continued. “You don’t need to graduate from some crypto university to use Moxy. We want it to feel completely Web2.