Solana Foundation President Says Crypto Gaming Is Dead
8 Articles
8 Articles
Solana Crypto Faces Gaming Doubts After Meta Collapse
Key Insights: Solana crypto gaming faced fresh criticism after Liu’s metaverse comparison Play-to-earn sector shrank to $2.12 billion with weak activity Solana crypto still hosted dozens of active games despite skepticism Solana Foundation President Lily Liu said blockchain gaming would not return after Meta admitted its metaverse failed. She made the remarks on X this week, comparing on-chain games to Meta’s stalled virtual environment. The co…
Solana Foundation President Said Blockchain Gaming Is Dead Then Added "Head of Gaming" to Her Bio Blockchain News ETHNews
Liu, President of the Solana Foundation, posted that gaming on a blockchain is not coming back and declared the sector effectively dead, drawing parallels between Meta’s failed $80 billion metaverse investment and the collapse of blockchain gaming’s market cap from $35 billion in 2022 to approximately $4.5 billion today. Shortly after the post circulated, Liu updated her X bio to include the title Head of Gaming at the Solana Foundation. Also, …
Lily Liu Says Crypto Gaming Is Dead, Her Colleagues Responded With a Joke
Lily Liu said blockchain gaming is “not coming back,” sparking industry debate. Comments followed setbacks in metaverse and GameFi sectors, with declining user adoption. Developers argue digital ownership and blockchain-based gaming still hold long-term potential. Solana Foundation president Lily Liu declared blockchain gaming finished on Friday, triggering a wave of debate across the crypto community, and an unusually self-aware response from h…
“Crypto Gaming Is Dead,” Says Solana Foundation President
Lily Liu, President of the Solana Foundation, stated that blockchain gaming “is not coming back,” casting doubt on one of the core narratives of the Web3 ecosystem. Her remarks come amid the ongoing decline of the metaverse push led by Meta, under Mark Zuckerberg, whose ambitious vision failed to achieve mass adoption despite billions in investment. While Meta’s strategy was not directly crypto-focused, it shared key principles with Web3 gaming,…
The boom of crypto gaming faces a crisis of credibility after years of unfulfilled expectations and unsustainable models, assures the top management of the Solana Foundation. *** The president of the Solana Foundation believes that gaming in Blockchain “will not return”. GameFi sector fails to justify billions invested. Current projects choose to make the use of Blockchain optional. Blockchain-based gaming, once considered one of the pillars of …
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