GameFi
Ongoing coverage on GameFi.
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Mattle Run Launches Season 17 With 500,000 MATTLE and 100,000 SKR Up for Grabs
Mattle Fun has launched Season 17 of its game Mattle Run, running from August 21 to September 20, 2026, with a prize pool of 500,000 MATTLE and 100,000 SKR tokens. This season reintroduces SKR, the Solana Mobile token, integrating it further into Mattle's ecosystem. Points are earned through quests, in-game purchases, and referrals, with monthly leaderboard resets to maintain competition.
PlayZap Claims First Web3 Studio Slot on YouTube Playables
PlayZap has launched a game on YouTube Playables, marking its claim as the first Web3 gaming studio to do so. While the specific game title and whether it incorporates PZP mechanics remain undisclosed, the launch leverages YouTube's massive audience. The platform's limitations, such as a 30 MB file size and no external network calls, shape the capabilities of crypto games within this environment.
The Viral Crypto Gaming Death List Counts Four Studios. It’s Really Two — And It’s Already Outdated
A viral list incorrectly identifies four separate crypto gaming studio collapses, when in reality only two studios, 9 Lives Interactive and Bright Star Studios, have shut down. Both studios, responsible for games Nyan Heroes and Ember Sword respectively, ceased operations in May 2025 due to an inability to secure further capital. The article notes that the situation is even more dire, with additional studios like Proof of Play and Forgotten Runiverse also closing, and highlights a significant decline in venture funding for the sector.
Circle and Kakao ink MOU to test USDC-powered payments across South Korea
Circle and Kakao Group have signed a memorandum of understanding to explore blockchain-driven payment infrastructure in South Korea, focusing on stablecoin transactions and cross-border remittances. The partnership aims to integrate Circle's stablecoin technology with Kakao's extensive ecosystem, including Kakao Pay and Kakao Bank, potentially impacting web3 gaming and simplifying GameFi transactions.
Vulcan Forged’s Jamie Thomson to Step Back From CEO Role as PYR Struggles Under Binance Monitoring Tag
Jamie Thomson, CEO of Vulcan Forged, is stepping back from day-to-day leadership and plans to restructure the company due to ongoing monthly losses and the impact of Binance placing a monitoring tag on its PYR token. The company has faced significant financial strain for over two years, including a major security breach in 2021, and Thomson cited personal reasons and the need for a sustainable business model as factors in his decision.
Yooldo Commits $1 Million to Second ESPORTS Buyback as First Round Wraps Up
Yooldo Games has announced a second $1 million buyback for its ESPORTS token, following the conclusion of the first round. The company aims to stabilize its ecosystem after a significant value collapse, which it attributes to a breach of contract by an external market-making partner. The timing of future buybacks will be kept secret to prevent market manipulation.
Vulcan Forged Unveils VulcanX Everything: GameFi Hub with Increased Prize Pool
Vulcan Forged has launched VulcanX Everything (VX), a unified platform integrating its games, NFTs, and rewards system, all powered by the PYR token. To celebrate the launch, the PYR prize pool has been doubled for the first week, a change implemented based on user feedback. The platform also simplifies the token ecosystem by integrating ELY and V tokens into PYR, and will conclude its land staking program by the end of July.
Moonveil Studio Shuts Down Web3 Gaming Operations After Four Years
Web3 gaming studio Moonveil is gradually shutting down its operations after four years due to challenging market conditions in the GameFi sector. Despite efforts to secure funding and partnerships, the studio cited insurmountable market difficulties as the reason for closure. Moonveil, known for games like AstrArk and Bushwhack, will phase out its services and community engagement over the coming weeks.
Report Says 93% of Crypto Games are Dead
The Web3 gaming sector is experiencing a significant downturn, with an estimated $15 billion lost and 93% of GameFi projects becoming inactive. Token values have dropped by approximately 95%, and over 300 blockchain-based games have ceased operations, indicating a fundamental flaw in prioritizing financial gains over player satisfaction. This decline highlights the volatility and challenges of merging cutting-edge technology with traditional gaming models.
Venom Foundation Launches Sustainable Web3 Gaming Framework
The Venom Foundation has launched a new ethical framework for the play-to-earn Web3 gaming sector, aiming to address issues of sustainability and player trust. The guidelines focus on sustainable tokenomics, player protection, and business model integrity, moving away from unreliable pyramid-like structures towards more equitable and genuine game models. Several ecosystem partners like TimeSoul, NFTWoood, and Meerkat Coin are highlighted as examples of projects aligning with these new principles.
NeoFantasy Collaborates with AetheriumX for Metaverse Gaming Growth
AetheriumX and NeoFantasy Game have formed a strategic alliance to integrate GameFi mechanics with decentralized finance (DeFi) offerings, enhancing player experiences in the metaverse. The partnership will see NeoFantasy incorporate AetheriumX's DeFi expertise into its BNBChain-based platform, enriching PvP battles with NFT characters and focusing on player ownership and utility within the Web3 gaming ecosystem.
GameFi Tokens Fall 98% From 2021 Peaks, Sector Valued at $4.25 Billion
Major GameFi tokens like SAND, AXS, and MANA have seen their market values plummet by approximately 98% from their 2021 peaks, with the sector's total market capitalization now standing at around $4.25 billion. Platforms such as The Sandbox, Axie Infinity, and Immutable are shifting focus from speculative trading to enhancing in-game utility, player onboarding, and reward systems to build a more sustainable ecosystem.
Dogecoin Price Prediction 2026: Can DOGE Hit $0.12? Plus Why Playnance Is the Web3 Name Everyone’s Talking About
The article analyzes the current price prediction for Dogecoin, noting its recent reclaim of the $0.10 mark and potential to reach $0.12 by 2026 based on technical indicators. It also highlights the upcoming G Coin token launch by Playnance on March 18, emphasizing its existing user base and role in powering Web3 gaming and prediction markets.
