Web3 Gaming Weekly — 2026-05-13
The Web3 gaming sector enters mid-May under the long shadow of a sobering industry reckoning: data from Caladan shows roughly 93% of GameFi projects are now effectively dead after the sector burned through up to $15 billion chasing a token-driven model that mainstream gamers never embraced. Yet fresh lists of recommended May 2026 play-to-earn titles signal that a curated, smaller set of games continues to attract active players, and development companies are still pitching bold visions for the sector's next phase. The contrast between a graveyard of failed projects and a resilient cohort of survivors defines the current moment in blockchain gaming.
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