By : Andrew Folkler
Publisher : crypto
Date : April 23, 2026

GameFi is effectively dead as 93% of projects collapse

Roughly 93% of GameFi projects are now effectively dead, as tokens plunge 95%, user counts flatline, VCs pivot to AI and RWAs, and even Animoca trims pure gaming bets. Roughly 93% of GameFi projects have failed, with token prices collapsing…

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