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Useless, dying or going web2: The obituary of (some) blockchain video games in 2025
As inevitable as web3 gaming is as an idea, it’s additionally inevitable that almost all of blockchain video games gained’t achieve success.
So right here’s our record of the video games formally shutting down or rebooting as web2 experiences.
NB: to present a way of the size of time that funding is anticipated to final, one rule of thumb is it prices round $1 million to run a group of 10 recreation builders yearly.
Most web3 recreation funding was raised in 2021 and 2022 so a nominal group of 10 would have value not less than $3 million by mid-2025. After all, for extra advanced video games, groups might be greater than 50-strong.
You do the mathematics!
Closed down
US developer Battlebound – raised $8 million in 2022 – closed down, cancelling growth of its recreation Anterris.
South Korea developer Hypedream – $7 million raised in 2021 – closed down attributable to an absence of funding, additionally closing down its Derby Stars and Derby Race video games.
US dev Nice Massive Lovely Tomorrow – raised $3 million in 2024 – closed down, suspending growth on its social deduction recreation The Thriller Society.
US developer Midnight Society closed down, canning its in-development vertical shooter Deadrop.
US studio Laguna Labs canned its forthcoming recreation Neo Olympus after it did not mint out its preliminary NFTs.
Singapore dev 9 Lives Interactive – raised $13 million – ran out of funding, additionally closing down its in-development PC shooter Nyan Heroes.
Overworld – the US growth studio that’s a part of Xterio – $10 million raised – cancelled its in-dev recreation Overworld, pivoting to construct the video games advertising and rewards blockchain REACH.
Closing down
Cellular battle royale Blast Royale will formally shut on thirtieth June however it is going to be open sourced. UK developer First Gentle Video games – raised $5 million in 2022 – remains to be working.
TGC recreation Cosmik Battle from French developer Cometh – $10 million raised – is being sunsetted. It “didn't discover a sustainable distribution channel or long-term launch companions”. The corporate continues to function.
Not formally introduced however it seems that cellular recreation Rumble Kong League – raised $5 million in 2021 – has been bought off, reportedly – however with no proof but – to a Brazilian firm.
Gala Video games’ The Strolling Useless: Empires is shutting down, with its final playable date being thirty first July. NFT holders will obtain “new NFTs of equal performance in different Gala Video games merchandise”.
Ditched web3, going web2
Jenny began modifying the Massive Blockchain Recreation Listing in 2021; one thing that shortly sparked a ardour for good blockchain tasks and future potentialities for the entire trade.
Other than modifying BlockchainGamer.biz, she retains busy cold-plunging, writing, deadlifting, ingesting an excessive amount of espresso and enjoying too few quirky onchain video games.