Gaming & Metaverse

Echelon Prime powers the Parallel gaming ecosystem, which includes one of the best-looking Web3 card games and an ambitious AI colony sim. Higher quality than most Web3 gaming projects, but adoption remains the critical challenge.

Leading web3 gaming infrastructure with zk-rollup L2 and growing game catalog — more platform than game.

AAA cyberpunk battle royale on Avalanche — among the best-looking Web3 games with real gameplay quality. Early access shows promise but economy and tokenomics still developing.

The gaming chain that survived a $620M hack and is rebuilding as a multi-game ecosystem.

Big Time has AAA pedigree and delivers a playable action RPG with NFT cosmetic drops. Better game quality than most Web3 titles, but player numbers are modest and the free-to-play-to-earn loop needs more content depth to retain players long-term.

Gods Unchained is a well-made TCG with real card ownership, but the GODS token has been a poor investment. The game has decent quality but struggles with player retention and the token lacks meaningful utility beyond governance.

Fully on-chain pirate RPG by ex-Zynga founder — technically impressive on-chain execution with real gameplay, though depth is limited.

Highest-DAU blockchain game with genuine player engagement — but economy sustainability is the elephant in the room

STEPN pioneered move-to-earn and reached millions of users before its Ponzi-like economy collapsed. The team has pivoted to a broader lifestyle platform, but GMT is down 95%+ from ATH and the move-to-earn model remains fundamentally unsustainable.

DeFi-meets-tamagotchi on Polygon — clever concept staking Aave tokens inside NFT pets. Gotchiverse metaverse launched but player counts remain low. Better DeFi innovation than gaming fun.

Physical-digital card game with NFC integration — innovative hybrid approach blending real collectible cards with blockchain gaming.

MARBLEX is Netmarble's gaming blockchain arm — backed by one of Asia's largest game publishers, but Web3 gaming integration has underperformed despite the massive existing user base.

BNB Chain GameFi platform combining DeFi yields with NFT gaming — functional but aging in a rapidly evolving market.

Polished blockchain TCG by the Sequence wallet team — good gameplay but struggling to attract players away from Hearthstone and Marvel Snap.

AI-powered web3 gaming platform — compelling AI + gaming narrative with functional products, but the AI integration is more marketing than revolutionary.

ApeCoin is trying to evolve from a governance token for BAYC holders into the gas token of ApeChain L2. The pivot to infrastructure is ambitious but the ecosystem lacks killer apps, and APE has massively underperformed since its 2022 peak.

Mobile RPG on Immutable zkEVM with hero collection and guild gameplay — decent mobile game with NFT integration but competing in the most saturated genre in mobile gaming.

AAA blockchain FPS by industry veterans on Avalanche — high potential but still in early access with unproven adoption.

Cartoon RTS on Ronin with collectible unit NFTs — accessible gameplay but limited depth and early-stage adoption. Better than most Web3 games at being an actual game.

The backbone of sports fan tokens — partnerships with PSG, Barca, Man City, and 100+ teams. Real adoption in sports, but fan tokens offer limited utility beyond voting on trivial team decisions.

The 'decentralized Nintendo' vision meets indie-game reality — community-driven but quality-challenged.

Ambitious medieval grand strategy MMO with dynasty NFTs and layered governance. Long development cycle with uncertain adoption trajectory.

Fantasy Top gamifies crypto Twitter by letting you draft influencer cards and score points from real engagement — clever social experiment, but Telegram game fatigue and Blast chain risk threaten longevity.

Clash of Clans-inspired blockchain strategy game — decent gameplay but unproven economy and declining post-launch engagement.

Closest thing to a AAA crypto game — impressive visuals but underwhelming gameplay and painfully slow delivery

Korean MMORPG with crypto bolt-on — real game with real players, but the token economy attracted bots and the earn potential has evaporated.

The most technically ambitious fully on-chain MMORPG — every action is a blockchain transaction. Groundbreaking decentralization but gameplay suffers from on-chain constraints.

Nyan Heroes combines cats, mechs, and a hero shooter — a fun concept that's still early in development. Built on Solana with promising art direction, but the game needs to prove it can compete in the brutal hero shooter market dominated by Overwatch and Valorant.

Overworld is building an ambitious open-world RPG on Ronin — the game looks promising but is still in development, and Web3 RPGs have a track record of underdelivering.

OG blockchain card game with real strategic depth — genuinely playable but struggling with token inflation and declining player economy.

Mobile MOBA that achieved massive initial adoption but P2E economy collapsed. Decent gameplay undermined by unsustainable tokenomics.

Blockchain Steam competitor with a real client and game catalog — technically functional but facing the monumental challenge of disrupting Valve

Gaming subnet on Avalanche with multiple pivots from Merit Circle — infrastructure is there but games are not

Mech combat game on Immutable — promising concept and footage but still early access with unproven retention and economy.

Gaming ecosystem with its own chain and multiple games — comprehensive infrastructure but no standout title driving adoption.

Solana action-strategy game with base-building and raiding. Better gameplay than most Web3 games but sustainability is unproven.

BTC-powered Mars battle royale. Bitcoin rewards differentiate from token-based P2E but the game is still proving its competitive gameplay quality.

Browser-based MMO strategy game with NFT land — competent gameplay for the genre but competing against both Lords Mobile and higher-profile blockchain games.

Space mech action RPG on Polygon — cool concept with transforming mechs but execution is middling. Low player counts and unclear economic sustainability.

Web3 gaming platform aggregating multiple games — solves the fragmentation problem in theory, but depends on attracting games people actually want to play.

Japanese RPG franchise meets blockchain — established IP with dedicated fanbase, but struggling to merge traditional gaming nostalgia with sustainable web3 economics.

Metaverse commerce meets MMORPG gaming — interesting concept merging retail and gaming but struggling with execution, player retention, and the broader metaverse downturn.

Blockchain Animal Crossing on Chromia — charming art style but extended development, shallow gameplay, and uncertain economy.

Solana move-to-earn RPG — creative fitness+gaming concept with nice art, but move-to-earn economics have largely failed industry-wide and adoption remains limited.

Gaming-focused Arbitrum Orbit chain. Promises high-throughput gaming infrastructure but games and adoption are early-stage.

The most prominent sports fan token — PSG's global brand drives volume, but fans are essentially paying for the right to vote on which bus design the team uses. Limited utility, maximum hype.

Mobile RPG with anime aesthetics and P2E mechanics — functional game with Asian market focus, but generic gameplay and declining engagement.

Unicorn farming/breeding game on Polygon — one of the better web3 games with genuine gameplay depth and active community, but still small by mainstream standards.

Multi-game P2E platform on Polygon — quantity of casual games over quality, with sustainability questions.

Polygon-based land collection strategy game. Decent NFT mechanics but shallow gameplay loop. Speculation > substance.

Anime ARPG that raised big through 2021 NFT sales — slow development, declining NFTs, and a long road to a playable game.

Visually ambitious Unreal Engine 5 metaverse with impressive trailers but repeated delays. The gap between vision and playable product is massive.

Arbitrum-backed gaming L3 with strong tech backing but a game catalog that is mostly hype and node sales

YGG pioneered the P2E guild model during the Axie Infinity boom, but the scholarship thesis collapsed when P2E economics imploded. Pivoting to a gaming platform and quest system, but the original value proposition is dead.

Digital horse racing on Polygon — genuinely innovative breeding/racing mechanics and strong early community, but NFT values crashed and the economy hasn't recovered.

FC Barcelona's fan token — one of the biggest sports brands meets crypto. Barca's dire finances made them eager partners, but fans get voting on trivia while the club gets revenue from their loyalty.

Gaming NFT infrastructure with Smart NFTs (dynamic properties) -- solid developer tools and interesting tech, but adoption among game studios remains limited and the gaming NFT market has cooled.

Treble winners' fan token — Man City's dominance makes for a premium brand, but CITY token utility is the same trivial polling as every other fan token. Great team, mediocre token.

DeFi-as-a-game RPG that collapsed with Harmony — migrated to Avalanche but never recovered. Clever concept buried by chain failure and unsustainable tokenomics.

Binance-backed ARPG with AI companions — real funding behind limited gameplay delivery.

Gaming L2 on Ethereum with zkRollup tech — solid infrastructure but critically lacking in games and players.

Gaming skins marketplace with actual revenue and users — one of the rare crypto-adjacent gaming projects with a real business model, though token utility remains a stretch.

The metaverse dream meets cold reality — big brands, few players, crashing land prices.

Cardano metaverse with farming and building — ambitious vision facing massive delays and the graveyard of failed metaverse projects.

Pre-launch blockchain MMORPG with ambitious design and millions raised through land sales — still in development after years with limited playable content.

Korean-backed web3 gaming platform on Klaytn/Kaia — aggregates blockchain games with unified wallet and rewards, but game quality and platform adoption lag behind ambitions.

Multi-game web3 ecosystem on Avalanche — portfolio approach across genres provides diversification but individual titles lack the depth to compete with established games.

Cross-chain NFT monster collectibles with booster pack mechanics — cute design and novel cross-chain approach, but gameplay never materialized beyond collecting and NFT market has cooled.

Animoca Brands' motorsport gaming token — prestigious IP partnerships but games lack quality and adoption has been disappointing.

Decentralized sports betting blockchain where the protocol is the bookmaker — clever concept but negligible adoption against entrenched competition.

TRON's biggest gambling platform doubling as an oracle service — generates real revenue from crypto gambling but operates in regulatory grey areas with concentrated whale activity.

Rebranded from Cocos-BCX game engine blockchain to COMBO gaming L2 on BSC — pivoted strategy but hasn't found meaningful adoption. Web3 gaming infrastructure looking for games to serve.

The P2E pioneer that proved unsustainable economies collapse — a cautionary tale for blockchain gaming.

Ex-Binance execs' Telegram game — the strongest team in the Telegram gaming space but still fundamentally an airdrop-driven clicker despite the institutional sheen.

PvP action RPG from mobile gaming giant Jam City — solid studio pedigree but struggling to find an audience at the intersection of action combat and blockchain.

Blockchain horse racing with NFT breeding. Concept has appeal but shallow gameplay and declining adoption leave it struggling.

Ambitious gaming platform derailed by co-founder lawsuits, token exploits, and too few actual games.

Telegram puzzle game with actual gameplay — the best of a bad bunch, offering real puzzles and NFT dogs, but still couldn't escape the airdrop-dump cycle.

Ambitious space MMO with AAA-level art direction -- impressive visuals and grand scope, but gameplay delivery lags far behind promises, and the dual-token economy has not found equilibrium.

BSC gaming platform behind CyberDragon RPG — showed real GameFi traction in 2021-2022 but has struggled to maintain relevance as the P2E model collapsed.

VR Pokemon-style monster game on BSC -- cool concept but extremely small player base, slow development, and the play-to-earn model has largely collapsed.

The most 'active' dApp that nobody actually plays — click-to-mine TLM faucet with inflated metrics and zero gameplay depth.

The most ambitious blockchain game ever conceived — and a cautionary tale about ambition without proportional delivery

Mythical Games' flagship blockchain party game — made it to Epic Games Store but died from corporate scandal and unsustainable economics. Servers shut down in 2023.

Gaming + NFT platform with Samsung integration -- had real games and a working marketplace, but a catastrophic 2024 token minting exploit destroyed PDA value and credibility.

Habbo Hotel meets web3 — nostalgic pixel-art social gaming with NFT items, but web3 integration adds friction and the player base has struggled to grow.

Early playable blockchain dungeon crawler — had genuine gameplay but P2E economics killed it.

Browser-based FPS on Solana that's actually fun to play — rare in crypto gaming. Solid Halo-style gameplay but the P2E economy has dwindled and player counts are a fraction of peak.

Cross-IP PvP fighter where you battle with NFTs from different collections — novel concept but shallow gameplay and declining player base.

3D scanning meets metaverse hype — impressive tech demos but no delivered metaverse product or meaningful gaming integration.

Web3 battle royale with toy-character aesthetic — more polished than most crypto games but struggling to compete with free-to-play battle royale giants.

Browser-based farming sim on Polygon with a small loyal community — charming casual gameplay but the on-chain economy is tiny and the play-to-earn elements are minimal.

Metaverse casino in Decentraland — ICE Poker was hot during the 2021 hype but collapsed with the metaverse bust. Virtual casinos need virtual visitors, and Decentraland has almost none.

Gaming-focused crypto launchpad from the Enjin ecosystem -- hosted IDOs for gaming/metaverse projects, but the launchpad model has lost momentum and most launched projects have underperformed.

User-created gaming metaverse where any NFT can be a playable character — fun concept but low player counts, shallow gameplay, and the metaverse hype cycle has passed.

Telegram cyberpunk clicker that attracted millions pre-TGE — token crashed post-launch as airdrop farmers exited and the shallow gameplay couldn't sustain interest.

Polygon auto-battler with surprisingly good production values from ex-AAA devs — gameplay is above crypto gaming average but player counts remain low and the token economy is unproven.

Ambitious crypto MMORPG with appealing art style — still heavily in development, and building a successful MMO is one of gaming's hardest challenges even without blockchain complexity.

WAX's flagship wrestling game — showed the chain's NFT gaming capability but couldn't sustain player interest with repetitive crafting gameplay and inflationary token rewards.

Blockchain game engine project that failed to gain traction and rebranded to COMBO in 2023. The original Cocos-BCX vision of an on-chain game development platform never materialized. Now pivoted to BSC gaming L2.

Fall Guys-inspired web3 party game — colorful and fun concept but very low player count makes the multiplayer experience hollow.

Telegram stars-collecting game that leveraged the platform's native payment system — same airdrop-and-dump pattern as every other Telegram clicker.

Mobile clan strategy game on BSC — achieved decent mobile downloads and the gameplay is competent, but the token economy is struggling and retention metrics are poor.

8-bit roguelike action RPG on Solana — fun pixel-art concept fighting mythological gods, but very early development with minimal player base.

Santos FC's Binance fan token — legendary club name but limited utility, declining on-field performance, and a token that offers little beyond voting on trivial decisions.

Swipe instead of tap — Yescoin innovated on the gesture but not the business model, attracting tens of millions then crashing like every other Telegram game token.

Telegram tapper with repeated TGE delays — millions of users tapping for a token that keeps getting postponed, a case study in airdrop-driven engagement decay.

Cat-themed Gold Miner clone on Telegram — nostalgic flash game mechanics wrapped in an airdrop farming package, marginally more fun than tapping but same outcome.

Web3 gaming publisher claiming a large portfolio of games — lots of announcements, limited verifiable traction. Classic case of over-promising and under-delivering.

BSC play-to-earn RPG that peaked in 2021 — SKILL token crashed 99%+ from highs after unsustainable emissions attracted mercenary farmers who left when rewards dried up.

Blockchain FPS game — playable but far below the quality bar set by traditional shooters.

Digital fashion metaverse token from Digitalax — visionary concept for on-chain fashion but adoption is near zero.

Cartoon rabbit tapper with mini-games — tried to add variety to the clicker formula but still crashed like every other Telegram game post-TGE.

Solana party game with monkey NFTs — raised big money, promised fun gameplay, delivered delays and a product that can't compete with traditional games or top crypto titles.

Asymmetric VR boss battle game — interesting concept where one player is the boss and others fight them. Very early stage with minimal players and unproven blockchain integration.

Once Avalanche's top dApp — idle crab game whose economy completely collapsed when P2E inflation overwhelmed demand. A textbook case of unsustainable play-to-earn economics.

NFT collectibles platform with Hollywood IP partnerships — decent branding but the NFT crash killed demand and the metaverse pivot lacks substance.

Pokemon-inspired crypto monster battler — appeals to nostalgia but still early stage with limited playable content and unclear path to becoming a real game vs just another NFT collection.

Move-to-earn sports app using AI motion analysis — freestyle football, dance, fitness challenges. Launched during the M2E hype but effectively dead. App abandoned, community gone, token worthless.

DEAD. Ethereum state channel casino from a game industry legend — technically innovative but never found users. Platform shut down, development ceased, FUN token is worthless.

Click banana, get points, receive airdrop, sell, leave — the purest distillation of the Telegram clicker game bubble with zero gameplay pretense.

Horse racing P2E that crashed spectacularly — VIS token went to zero as the economy died, leaving scholarship players and breeders with nothing.

BSC play-to-earn RPG from the 2021 GameFi wave — briefly hyped, now effectively dead with no players, no liquidity, and no development activity.

Dead shark breeding/battling GameFi project — classic P2E ponzi that collapsed when new player inflows dried up.

BSC fantasy sports + P2E platform that promised everything — metaverse, fantasy leagues, NFT battles — and delivered almost nothing. Classic case of marketing over substance.

Loom Network is essentially dead. Once a promising Ethereum sidechain for gaming, it suffered multiple failed pivots, team departures, and community abandonment. The token still trades but the project has no active development, users, or future.

Gaming rewards platform connecting players and developers — had real partnerships but failed to achieve sustainable usage and appears abandoned.