🤕Decline in Game Launches and Developer Interests
In 2022, over 500+ Web3 games were launched. By mid-2024, that number has dropped by more than 70%. The slowdown isn’t just about market cycles, it’s about misaligned incentives.
With user pools drying up, user growth stagnating, and complex integration hurdles, developers have little motivation to launch. Even talented teams are pausing or pivoting, waiting for better infrastructure and clearer upside.
Yes, quality is improving, but quantity is collapsing much faster due to lack of new creating minds. The ecosystem is slowly bleeding its builders.
Creating a zombie ecosystem kept alive by constant injections of short-term rewards. Driven by empty numbers, not real players.
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