According to @0xferg, web3 gaming has captured only 0.2% of its total addressable market, underscoring limited current penetration and an early growth phase for the sector (source: @0xferg on X). According to @0xferg, Immutable Play only launched at the start of last year, indicating the product cycle is still nascent and that ecosystem activity is in the early innings (source: @0xferg on X). According to @0xferg, this early-stage positioning means the market has "barely started," framing a narrative that traders can monitor for potential catalysts tied to Immutable’s gaming releases and broader GameFi flows, including attention to IMX and related infrastructure exposure (source: @0xferg on X).