The decline of P2E games is evident with a significant number of blockchain projects canceled, blamed on unsustainable economic models and low user retention.
Despite challenges, there’s cautious optimism for P2E gaming's revival, driven by innovations like enhanced layer 2 solutions that promise better scalability and user experience.
The long development cycles of blockchain games, when compared to other sectors, have hindered project scaling, especially for startups dependent on NFT markets for funding.
A shift toward hybrid gaming models can breathe new life into P2E gaming, integrating aspects of both Web2 and Web3 to enhance player engagement.
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