ChainPlay experts analyzed more than 3200 game fi -projects and found that most of them experienced a sharp decline after significant growth in 2022. In particular, 93% of gaming tokens fell in price by an average of 95% compared to historical highs.
Experts have found that the average life expectancy of most game fi - projects is only 4 months, which is much less than other crypto projects. For comparison, memecoins "live" for one year, regular digital assets for about three years. Analysts believe that gaming projects often fail due to instability and lack of user engagement.
The study also found that 58% of venture capitalists had suffered significant losses from their involvement in game fi -projects, which sometimes reached 99%. Despite this, large investors continue to invest in the sector: this year they invested $859 million, which is 13% less than in 2023, and 84% less than in 2022, when this figure peaked at $5,56 billion.
In terms of fundraising, the number of rounds has also dropped significantly. In 2024, there were 221 funding rounds, up 44% from the previous year. However, this number is still far below the 358 raised in 2022, when investor interest was on the rise.
Funding rounds game fi -projects
The reduction in the number of funding rounds, according to experts, reflects a more cautious approach by investors who are looking for potentially more promising projects.
