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Cryptocurrency News Articles

The blockchain gaming market is getting crushed, but new approaches are emerging

Feb 08, 2025 at 03:09 am

It’s been a week without much formal blockchain gaming news. But even if the waves on top are dampened, the currents beneath are strengthening.

The blockchain gaming market is getting crushed, but new approaches are emerging

This week's paid newsletter covers:

- Gaming token prices continue to get battered, with even top games like Pixels seeing their tokens drop 94% from all-time highs.

- Recent launches haven't fared any better, with Azuki's ANIME and InfiniGods' GOD tokens both down 85% and 65%, respectively, from their TGE prices.

- Despite the poor performance of gaming tokens, there's a growing sense that we're finally reaching a point where new approaches are being adopted. Mythical Games is doubling down on presenting NFTs as valuable for their in-game utility, while Limit Break's Apptokens protocol is designed to help developers highlight the value of their game tokens beyond their market price.

- Maybe degens just like to degen, but these current conditions seem like the ideal opportunity to try something else.

- Check out my new cap!

- Another KOL Goes Apptoken (Sorta) news

- Zed Run sunsetted to make way for Zed Champions.

- Planet Mojo unveils its AI x player economy.

- Beamable raises $13.5 million to decentralize its existing gaming infra.

- What to expect from “open gaming superchain” B3?

- Game7's G7 mainnet goes live.

- NFL Rivals' Super Bowl event launches with predictions and exclusive cards.

- Move-to-Earn app StepMania launches via Telegram.

- As discussed below.

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Other articles published on Feb 08, 2025