ZkProver

ChainCatcher reports from CoinDesk that Caladan disclosed approximately 93% of GameFi projects are on the brink of death, with token prices dropping 95% from their 2022 peak, and funding plummeting 93% by 2025. Web3 game investments are almost exhausted, with funds shifting to AI, real-world assets, and Layer‑2. Animoca Brands has reduced its gaming business to about 25% of its portfolio and is turning toward stablecoins and other areas. In 2022, VC investment in gaming accounted for 63%, dropping to single digits by 2025, with over 300 games shut down, serving as cautionary cases.