According to a recent report by CoinGecko, over three-quarters of all blockchain games launched in the past five years are struggling to stay afloat.
Despite Web3 gaming being highly acclaimed and GameFi being a powerhouse sector in crypto, the CoinGecko report has predicted a worrying outlook for the industry.
A Bleak Outlook
According to the CoinGecko report, 2817 games were launched between 2018 and 2023. Of these, only 690 had a somewhat active player base, while 2100 have shut down operations. The report put the annual failure rate for Web3 games at a staggering 80.8% between 2018 and 2023. This figure was calculated based on the number of games that failed compared to the number of games that were launched.
CoinGecko has defined a failed Web3 game as one in which the 14-day moving average number of active users drops 99% from its peak. This outlook comes despite the fact that crypto community members have highly acclaimed Web3 gaming, which has allowed users to earn signi
We współpracy z: https://cryptodaily.co.uk/2023/12/coingecko-report-presents-a-worrying-outlook-for-web3-gaming
