📊 The Big Blockchain Game List Reports 31% Web3 Games Discontinued

Here’s everything you need to know…

> 31% of 1,318 games discontinued, citing funding challenges and poor market conditions.

> 17% of 2023 discontinued games were multichain, showcasing a trend in leveraging multiple blockchains.

> Blockchain-specific discontinuation rates: BNB 11%, Polygon 10%, Ethereum, Sui, & Solana 6% each respectively.

> Notable exits: Mythical Games' Blankos Block Party & Goals, both citing different reasons.

> Majority of ceased projects were smaller ventures from less-experienced teams, often facing funding & market challenges.

🎮 Q4 2023 brought 65 new games to the list:

> 11% opted for multiple blockchains, with Arbitrum leading at 9%.

> Single blockchain adoption rates: Arbitrum 9%, Optimism, Immutable, Ethereum 8%, StarkNet, & Avalanche 6% each respectively.

🌐 These findings highlight the evolving nature of web3 gaming. As the sector grows, strategic planning becomes crucial to navigate challenges in funding and market dynamics.

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