Web3 Gaming: Sustainable Economics or Ponzi Schemes?
“Most Web3 games are not games. They are short-term Ponzi structures wrapped in Unity builds.” The market has already voted with its wallet: over 99 percent of play-to-earn token economies from the 2021-2022 cycle lost more than 90 percent of their peak value. At the same time, venture funds still deployed billions into Web3 gaming, … Read more