📣 Caladan Report: 93% of Web3 Gaming Projects Discontinued

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28.04.2026

Analytical company Caladan has published a report detailing the current state of the Web3-gaming industry. According to the study, 93% of the projects in this area have actually ceased to exist, which indicates the significant difficulties faced by this sector. The report notes that the volume of investment in Web3-games decreased by 93% year-on-year, reaching only 73 million dollars - the lowest value in the last two years. This drop in investment is accompanied by an average 95% drop in the value of game tokens, indicating serious financial problems in the industry. Among the reasons for this decline, analysts cite unstable tokenomics, low user retention rates and a cooling investment climate. These factors have led to the closure of more than 300 Web3 games, emphasizing the need to rethink business models and development strategies in this sector. However, despite the current difficulties, some experts see the potential for the industry to recover. They note that a shift to more sustainable monetization models and improved gameplay quality could help revive interest in Web3 games. In addition, the integration of stablecoins and the development of Web3 infrastructure may provide a more stable foundation for future growth. In conclusion, the Caladan report emphasizes the need for adaptation and innovation to overcome the current challenges in the Web3 gaming industry. Companies that are able to offer players a valuable and engaging experience have a chance to not only survive, but thrive in this dynamic and rapidly changing sector.
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