BlockchainGamer.biz Report: 30% of Games Discontinued Since 2021
Discover why 30% of announced games are facing extinction. From funding challenges to high-profile pivots, join us as we unveil the secrets shaping the future of digital gaming. Our exploration reveals the startling reality: 30% of blockchain games announced since 2021 are teetering on the edge of extinction. Funding battles and market dynamics are the adversaries, leaving smaller projects grappling with uncertainty.In the latter half of 2023, 162 games said their farewells, with 17% of them belonging to the multichain category. BNB Chain led the charge with 11%, followed closely by Polygon at 10%. Ethereum, Sui, and Solana, each with a 6% discontinuation rate, paint a vivid picture of the challenges faced on single-chain ventures.Notably, "Goals," a game that once stood tall with millions in funding, sent shockwaves through the gaming world by deciding to sever ties with blockchain integration. It's a stark reminder that even the mightiest can succumb to unexpected pivots.Amidst the chaos, Q4 2023 brought a glimmer of hope with 65 new blockchain games entering the scene. Multichain games accounted for 11%, signaling a growing trend. For single-chain enthusiasts, Arbitrum, Optimism, Immutable, Ethereum, StarkNet, and Avalanche emerged as the frontrunners, each showcasing 8% or higher growth.As we navigate the blockchain gaming landscape, the road ahead is both challenging and promising. Funding challenges may cast shadows, but new games rise, resilient and determined. Stay tuned, fellow gamers, as we unravel the intricacies of our digital realms together. The battle is fierce, but the victories are legendary.
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