Over 30% of Blockchain Games Shut Down in 2022 Amid Funding Drought and Broader Gaming Industry Cuts
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Recent research found over 400 crypto games were discontinued in 2022, making up over 30% of all blockchain games ever listed.
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BNB Chain saw the most games shut down, followed by Polygon, Ethereum, and Solana - aligning with the top chains by game count.
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Blankos Block Party, Gran Saga, The Harvest, and more announced closures citing market conditions and funding issues.
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This 30% blockchain game discontinuation rate matches the wider gaming industry's 43% mobile game cancellation rate.
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Thereport comes as 10,500+ gaming industry layoffs hit in 2022, with more cuts in 2023 from Minecraft Legends, Twitch, Unity, and others.