Over 75% of Web3 Video games ‘Failed’ in Final 5 Years

Web3 analysis and analytics agency CoinGecko: Round 2,127 web3 video games have failed within the final 5 years for the reason that GameFi area of interest emerged, representing 75.5% of the two,817 web3 video games launched. In different phrases, 3 out of each 4 web3 video games have develop into inactive. The common annual failure charge for web3 video games has been 80.8% from 2018 to 2023, based mostly on the variety of web3 video games failed in comparison with launched.