
Web3 Games Keep Shutting Down and the Money to Save Them Isn’t Coming
Hello Guys, I recently wrote an article about the current state of Blockchain Gaming.
Here is a preview.
At least nine web3 games have paused operations or pivoted to web2 this year, following 18 studio and game closures in the first five months of 2025. Wildcard, once one of the sector’s highest-profile titles, shut down multiplayer on April 27 after burning through $55 million.
Venture capital funding in gaming has been dry for years, according to Sandbox CEO Robby Yung, and crypto funds largely stopped writing checks in mid- to late 2023.
A 200% year-over-year rise in web3 gaming token launches hasn’t translated to sustainability, with the average project lifespan sitting at roughly four months.
You can read the article at: https://cryptogames.gg/web3-games-keep-shutting-down-and-the-money-to-save-them-isnt-coming/