Axie Infinity, different blockchain video games can’t maintain gamers round, in keeping with new report

Image through Sky Mavis

Blockchain video games are actually struggling immediately, it appears. First they had been kicked off of Steam, and now a brand new report claims that participant numbers are dropping considerably.

Coin Desk reviews that game-specific cryptocurrency for the likes of Axie Infinity, The Sandbox, and Decentraland are all down, regardless of massive investments from enterprise capital companies. Hand in hand with that worth drop comes a lack of gamers: Axie Infinity’s each day customers shrunk by 30% over the previous 30 days. The Sandbox and Decentraland noticed participant drops of 29% and 15%, respectively, over the identical time interval. But even with out these drops, peak numbers for these blockchain video games don’t hold a candle to prime video games on Steam and the Epic Game Store.

These are actually not reassuring stats, but it surely’s not the primary time we’ve seen such hand-wringing information. Axie Infinity’s numbers have been threatening to slide since October 2021, and a $625 million heist of its proprietary coin final month didn’t assist.

Of course, many players need nothing to do with blockchain- and NFT-centric video games within the first place. Xbox boss Phil Spencer is worried about their probably exploitative nature, and Ubisoft’s Quartz program has seen sluggish gross sales since its debut. That’s why studios like Battlestate have pledged to haven’t any NFTs in Escape from Tarkov.