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Web3 Gaming Suffers Existential Crisis After Learning One More Web2 Company Failed

An illustration: A cartoon figure with a defeated expression stands on top of a pile of broken blocks, surrounded by empty game boxes and discarded tokens; another character is shown walking away from the scene holding a Steam-like platform sign in one hand while looking back at the destroyed landscape. The background features a cityscape that resembles Web2 gaming hubs but now lies abandoned due to the decline of NFTs and blockchain games. A faint image of Donald Trump can be seen on a billboard, with Kanpai Pandas characters scattered around it;

You know what’s immutable? The fact that Immutable shut down its marketplace, because let’s be real, it was a total failure. Who needs an NFT marketplace when you can just have nothing at all

Source: cointelegraph

In this week’s newsletter, find out why Immutable has retired its non-fungible token (NFT) marketplaces and why Kanpai Pandas NFTs floor prices dropped after the team’s involvement in a Donald Trump-themed token. Check out why an executive believes Web3 gaming needs a Steam-like platform, and, in other news, big companies are continuing to develop metaverse hardware.  NFT and gaming blockchain Immutable shut down its marketplace to focus on expanding its […]

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