BGA Key Takeaways from Gamescom LATAM

For the first time, the BGA team embarked on a journey to LATAM, uncovering the vibrant web3 gaming ecosystem during Gamescom LATAM, taking place in Sao Paulo, Brazil. 

“Gamescom Latam represents a monumental step forward for the gaming industry in Latin America. The event underscores the immense potential and vibrant community within the region, particularly in Brazil, which stands as a colossal market for gaming. As highlighted in the comprehensive report by Sura Gaming, the sector’s growth and impact in Latam are unprecedented. This event not only celebrates the thriving gaming culture but also fosters opportunities for innovation, collaboration, and economic development across Latin America.” – Mariano Rubinstein, CEO and Founder of Sura Gaming

Key Takeaways 

Crypto Adoption in South America: Latin America has been one of the regions that has the popular adoption of cryptocurrency, and Brazil, with its impressive number of crypto investors in Q3 2023, leads the charge. Argentina follows closely, demonstrating a growing interest in digital assets and blockchain technology.

Diverse Builders’ Community: Builders from all corners of LATAM converged at Gamescom, showcasing a rich and diverse ecosystem beyond borders. Venezuela, Argentina, Brazil, and the Dominican Republic were among the countries represented. The sentiment towards blockchain technology for gaming was received with enthusiasm and interest as a way of enhancing games for players, enabling them to have more control of their digital assets and new ways of generating revenue. 

Crypto-Savvy Players: LATAM already boasts an audience of players who understand cryptocurrency and decentralized finance. Their curiosity and discipline make them eager to explore new gaming experiences powered by blockchain technology.

Educational Opportunities: Gaming associations in the region recognize the potential of web3 builders. They aim to educate their communities about alternative revenue streams, emphasizing the transformative impact of decentralized gaming.

<iframe src="https://www.linkedin.com/embed/feed/update/urn:li:share:7214873229675347969" height="1166" width="504" frameborder="0" allowfullscreen="" title="Embedded post"></iframe>

“As the CEO and founder of Widow Games and Gamevolution, I can confidently say that our participation in the Gamescom Latam event was pivotal. Having attended the BIG event for many years, I was truly amazed by the scale and attendance of this new event in Brazil. It serves as a stepping stone for great games and platforms to access the promising Latam region through the big door.” – Martin Spinetto, CEO and Founder of Widow Games and Gamevolution

Side event with Sura Gaming 

Drawing over 100 people to the BGA x Sura Gaming side event. BGA had the opportunity to meet many friends and coworkers in person for the first time, engage in insightful conversations, and connect with a growing ecosystem of Blockchain Gaming builders in the region.

Panel Discussions

Redefining Ownership in Gaming. A panel discussion covering the core elements of web3 and how it is revolutionizing asset ownership. Joined by speakers: Leonardo Kretzschmar, Hermit Crab, Martin Spinetto, Widow Games, Lucas C.G, N-Suite, moderated by Muke, BGA.

The State of Web3 Gaming in Latam and Beyond unpacked global sentiment, market conditions, and player behavior across regions. It featured insights from Mariano Rubinstein, Sura Gaming, Helo Passos, Trexx, Facundo Gramajo, and Xerial, moderated by Flavien Defraire, BGA.

Summary

Attending Gamescom Latam gave BGA the opportunity to engage with game developers in the region and gauge the sentiment toward blockchain gaming. This was a positive response and an enthusiasm for the possibilities that web3 presents. Talking to companies, individuals, and projects at Gamescom Latam gave us a deeper awareness of the market and an understanding of the challenges and solutions being developed in the region. This enables BGA to look at how it can support going forward.
In terms of players, the event highlighted the need for great, fun games, no matter the technology behind them. With a large demographic of avid gamers across Brazil and Latin America, there is a vast opportunity for Latam-based developers, players, and the wider industry to explore.

You can follow our socials to stay up-to-date on the latest events and activities.
See you at Gamescom Europe!

X | LinkedIn | YouTube | Twitch | BGA Report 2023 | BGA Magazine