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About 2,127 games have failed in the past six years including 2023.
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Blockchain gaming is likely to rise from $4.6 Billion in 2022 to $65.7 Billion by 2027.
Many reports suggest that Web3 gaming is growing as the sector is attracting a lot of investments. If that’s the case, many of such investments have gone down the drain. A new report indicates that 75 percent of Web3 games are dead already. The year 2022 turned out to be the worst of all in the last six years.
It’s a Warzone For Traditional Gamers and Web3
According to data aggregator CoinGecko, 2,127 games have failed in the past six years including 2023. The failure rate reached 107 percent last year while 2021 registered the lowest percentage of failures. It can be attributed to the crypto and non-fungible token (NFT) market boom that year.
Traditional gamers have generally maintained a safe distance from the blockchain. The community has opposed the technology’s integration as it may tak
We współpracy z: https://www.thecoinrepublic.com/2023/12/02/web3-is-a-dead-space-full-of-games-and-investments-by-companies/
