Competitiveness. Analytical thinking. Ability to implement strategies in real time. Gaming and trading have multiple things in common. A number of companies from the industry entered the stock market, bringing interest even for traders not interested in gaming.
Gaming and trading: Major players
Gaming and trading have been coming together for a relatively short time. However, this young industry has already presented massive companies with extreme growth potential.
How has it all started? In 1958, the small American company launched the first-ever video game. This company was Microsoft, which you may be familiar with. Bill Gates’ empire evolved into a hi-tech powerhouse, bringing multiple solutions to users worldwide, with operational systems at the forefront.
But the major boom began in the last decade. Call of Duty, created by Activision Blizzard, the GTA series launched by Rockstar Games owned by TTWO, and several other major games from GameStop, has transcended the way of spending free time and made gaming an enormous business.
Gaming entered the trading world thanks to the development of the internet, which led to the streaming era. However, more nostalgic gamers started their journey much earlier. Sony has been developing its PlayStation for decades, upgrading their new consoles with cutting-edge additions.
Impact of trading in gaming on the market
Trading in the gaming industry has begun to influence the whole market. GameStop stock price, due to its high popularity, may be one of the aspects that might move other assets.
What is even most important for traders is the global impact of the gaming industry. Its popularity extends far beyond the United States. Even though multiple gaming companies originate in the U.S., the Far East also plays a crucial role in this industry.
Find out more about the Far East and hi-tech!
The connection between the Korean and American market can be noticed in the interest in the gaming industry. Traders from Seoul, Pusan, and other cities in the peninsula focus on technology companies, and the gaming industry is no exception. That’s why movements in various gaming stocks can move the Dollar to Won exchange rate.
However, there are several countries that can also show off their gaming companies. With its iconic productions, Japanese Nintendo has won the hearts of millions of children, teenagers, and adults. Its major impact goes way beyond gaming, as it may influence the Japanese economy, including the USD to JPY currency pair.
Gaming and crypto: Developing together
In recent years, gaming and crypto have evolved side-by-side, blending innovation in ways that captivate gamers and investors. Blockchain technology has introduced unique opportunities in gaming, most notably in the form of GameFi, a sector merging finance with gameplay. Players can engage in decentralized platforms where in-game assets, often bought with crypto, can be transferred, sold, or even earned through gameplay.
Trading assets such as Bitcoin to Dollar and ETH/USD trading pairs are not only essential for investors. Moreover, they can find practical applications within the gaming world, allowing players to connect real-world assets with virtual experiences. This synergy signals the beginning of a groundbreaking era where gaming and crypto develop together. It may be the start of fresh and interactive ways to play and invest.
