Background

At the start of 2021, there were approx. 100 million crypto users, and by the beginning of 2022, well over 300+ million crypto users.

Over 4.6 billion people have access to the internet today and with advances in low orbit satellite technologies; that number is set to increase dramatically over the next 2 years.

Based on steady adoption rates, prevailing technological advances and the global economic and financial state of the world, it is clear we are moving into an exponential growth period. It is expected that there will be more than 1 billion crypto users by 2024 and over 4.3 billion by 2030. In addition to cryptocurrency adoption, there is an estimated 2.69 billion online gamers worldwide. Although at this time the gaming industry is primarily centralized, there is a growing positive collective consciousness towards the benefits of blockchain gaming in Web3, that will inevitably benefit the end users experience by improving security, functionality and in the creation of new revenue streams.

With an ever-growing shift towards Play-To-Earn (P2E) gaming, 2022 is expected to be the year of GameFi & metaverse mass adoption.

Voxel X Network was born out of this inevitable shift, a group of entrepreneurs, Defi enthusiasts, and blockchain experts envisioned a decentralized, community-driven GameFi & Metaverse ecosystem that could facilitate this growing trend by providing decentralized solutions, platforms, and services to aid in the experience and quality development of the emerging Web3 digital economy.