Some of last year’s hottest blockchains saw the steepest declines in onchain activity after viral moments failed to drive sustained growth.
Latest News on GameFi
Get the latest news on GameFi today! GameFi or Game finance combines gaming and decentralized finance (DeFi), opening up a range of new applications. Players participate in immersive experiences while earning using in-game assets and tokens.
GameFi integration democratizes the games, enabling players to have a say in the game development. GameFi ushers in a new era of engaging and financially rewarding gaming ecosystems.
Stay up-to-date on all the latest GameFi news and developments with Cointelegraph.
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The Blockchain Game Alliance reports industry confidence rose to 66% as developers pivoted from speculation to sustainable models following a funding collapse since 2021.
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ChronoForge’s shutdown highlights mounting financial strain across Web3 gaming as shrinking budgets and dismal market sentiment take their toll.
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Stablecoins rank among the top catalysts for Web3 gaming growth, signaling a shift toward fundamentals, monetization and payment infrastructure.
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A major update to Counter-Strike 2’s item mechanics wiped nearly $2 billion from its $5.8 billion skin market, igniting debate over central control in gaming.
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A new BGA report revealed that, unlike volatile play-to-earn tokens, stablecoins offer predictability, giving game studios a steadier path to long-term growth.
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Play-to-earn gaming’s collapse isn’t a crisis; it’s a necessary reset that will force developers to prioritize fun over financial extraction mechanics.
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Fantasy sports crypto platform Sorare is migrating from Ethereum to Solana, with its CEO saying it is a better fit for Sorare due to its scalability and focus on consumer applications.
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The Ronin Treasury will begin a $4.6 million RON buyback starting on Sept. 29, which is expected to reduce the circulating supply of RON by 1.3%.
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Web3 platform uses a portable ID system to connect a user’s identity across DeFi, GameFi and social hubs in a unified ecosystem.
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Ethereum gaming network Xai claims Elon Musk’s AI firm xAI has caused market confusion and reputational harm.
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The Ronin team said that a more performant blockchain and Ethereum’s Wall Street appeal drove the decision to return to the ecosystem.
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Gaming industry veteran John Smedley is making his first foray into Web3 gaming with a new AAA shooter featuring Tezos layer-2 blockchain Etherlink.
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Talks of a potential acquisition follow renewed interest in Nexon's massively multiplayer online role-playing game series MapleStory.
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Avalanche’s blockchain activity has increased dramatically since classic online game MapleStory got a Web3 makeover on the network.
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