More than 90% of Web3 games failed after $15 billion boom as gamers never showed up: Caladan
Web3 Games burned $15 billion chasing a token-driven future that gamers never bought into. Data from market-making and trading firm Caladan shows that around 93% of so-called GameFi projects are now effectively dead, with token values ​​down around 95% from their peak in 2022, and funding to studios set to drop by 93% by 2025….