According to @leah_cb, the Blockchain Game Alliance released its 2025 State of the Industry Report in partnership with Emfarsis for the fifth consecutive year, emphasizing a shift from hype to discipline in Web3 gaming. Source: Leah Callon-Butler X post: https://twitter.com/leah_cb/status/1998724654857597056; Blockchain Game Alliance X post: https://x.com/BGameAlliance/status/1998711875731964278; Report: https://blockchaingamealliance.net/bga-2025-state-of-the-industry-report/ The survey shows MENA representation rose from 1% of respondents in 2021 to nearly 20% in 2025, indicating rapid regional engagement. Source: Blockchain Game Alliance X post: https://x.com/BGameAlliance/status/1998711875731964278; Report: https://blockchaingamealliance.net/bga-2025-state-of-the-industry-report/ Female participation reached an all-time high of 22.7% among industry professionals surveyed. Source: Blockchain Game Alliance X post: https://x.com/BGameAlliance/status/1998711875731964278; Report: https://blockchaingamealliance.net/bga-2025-state-of-the-industry-report/ 29.5% of builders cited high-quality game launches as the number-one success driver, with the focus moving from token prices to player retention. Source: Blockchain Game Alliance X post: https://x.com/BGameAlliance/status/1998711875731964278; Report: https://blockchaingamealliance.net/bga-2025-state-of-the-industry-report/ 64.4% of respondents expect regulation to have a positive impact on the industry. Source: Blockchain Game Alliance X post: https://x.com/BGameAlliance/status/1998711875731964278; Report: https://blockchaingamealliance.net/bga-2025-state-of-the-industry-report/ For traders, these datapoints prioritize monitoring high-quality release calendars, player retention metrics, and policy milestones across ecosystems represented in the report, including The Sandbox (SAND) and Polygon (MATIC). Source: Blockchain Game Alliance X post (contributors and leadership listed): https://x.com/BGameAlliance/status/1998711875731964278; Report: https://blockchaingamealliance.net/bga-2025-state-of-the-industry-report/