The Shattered Dream of Blockchain Gaming: A Mismatched Game Between Capital and Players | Bee Network
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Original Compilation: Chopper, Foresight News Over the past two months, at least 10 crypto protocols have announced their shutdown. Not due to rug pulls, but because they had no users, no money, or both. Not to mention mining companies like BlockFills and lending platforms freezing withdrawals. Just yesterday, Angle also announced (https://x.com/AngleProtocol/status/2029161525580112263) the gradual shutdown of its EURA and USDA stablecoins, despite once having a Total Value Locked (TVL) of $250 million and doing well in business partnerships. Angle stated bluntly in its announcement, “The decentralized stablecoin landscape has fundamentally changed. Yield-bearing stablecoins today are essentially just branded wrappers over existing vaults and lending protocols. There’s no longer a need to maintain a separate, independent infrastructure.” Almost all of these shuttered projects had products that functioned properly: Polynomial had a…# Analysis# Airdrop# Blockchain Games# crypto# ethereum# Exchange# Market# metaverse# NFTs# Token# Tool# web3Pre
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- Recently, Solana Foundation President Lily Liu posted on X, stating that “games on blockchain will not make a comeback” and declared that blockchain gaming is dead. Her judgment stems f...