How Esport Fans Interest In Crypto Buying Is Increasing In 2022

Over the past couple of years, the Esports and cryptocurrency worlds have been intermingling. There have been a lot of developments in both industries, such as the rise of crypto games and sponsorships. According to a survey conducted by the Esports industry, the number of fans who bought cryptocurrencies has increased significantly. This has been a shock to some and no big surprise to others.

Crypto Investments Increase With Esports Fans

YouGov has stated that the number of fans who intend to buy cryptocurrencies has increased significantly in the last couple of years. The survey also showed that the number of people who said they would buy cryptocurrencies within the next year has risen significantly.

The survey also revealed that the number of Esports fans in the UK who are willing to switch to cryptocurrencies completely is much higher than the general population. For instance, almost 40% of the fans are willing to give up on using fiat money.

Although the percentage of fans who agree with the statement that cryptocurrencies are the future of finance has increased significantly, the general public still has a long way to go before it reaches the same level. Another interesting aspect of the survey was the number of fans who believe that finance is confusing. The data collected by YouGov was used to conduct the survey. The company is one of the UK's leading polling firms.

esport fanesport fan

Types of Crypto Fans Purchase

Aside from the survey, the company also collected data on the various cryptocurrencies that were used by Esports fans. This data allowed them to break down the various characteristics of the different cryptocurrencies into their various pros and cons. Some of the more popular purchases of crypto include Bitcoin, Ethereum, Monero and Ripple. 

One of the most surprising results of the survey was the fact that Monero was tied with Ethereum as the second-largest cryptocurrency used by Esports fans. Although it wasn't surprising that Bitcoin and Litecoin were also popular purchases, the inclusion of the Binance Coin made sense since it allows fans to purchase smaller cap cryptocurrencies.

The results of the survey are very encouraging for the Esports industry as it shows that fans are more likely to buy cryptocurrencies than the general public. It also supports the increasing number of companies and organizations working on cryptocurrencies.

Interest Rises Across the Board

Aside from the UK, other countries are also seeing an increase in the popularity of cryptocurrencies. Due to the rise of crypto gaming and the increasing number of people watching Esports, the demand for all kinds of related products is expected to continue to grow. This is also expected to cause the value of cryptocurrencies to increase significantly over time.

Due to the immense number of people watching Esports, the value of cryptocurrencies is expected to increase significantly. This is also expected to cause the sale of gaming NFTs and tokens to increase significantly. According to a report by L'Atelier, the trading volume of non-fungible cryptocurrencies reached $17.6 billion last year, which is a significant increase from the previous year's total of $82 million. The report noted that the U.S. and China are also seeing an increase in the interest in cryptocurrencies.



Related Pages

send us a comment Any comments, suggestions, or corrections? Please let us know.

Sport Extra

Check out the 800+ sports in the Encyclopedia of Every Sport. Well not every sport, as there is a list of unusual sports, extinct sports and newly created sports. How to get on these lists? See What is a sport? We also have sports winners lists, and about major sports events and a summary of every year.

 → How to Cite