Solana Foundation Chair Lily Liu stated that crypto gaming "won't make a comeback." She made the comment in response to discussions about Meta potentially abandoning its metaverse strategy, saying that blockchain gaming failed to meet industry expectations. Solana was once viewed as one of the networks most likely to support large-scale blockchain gaming due to its fast transaction speeds and low costs, with projects such as Star Atlas and Stepn built on the network. However, industry insiders point out that many GameFi projects were overly reliant on "play-to-earn" models driven by token incentives, lacking genuine gameplay mechanics to attract players, resulting in a significant decline in the industry's overall market value following the 2021 boom. (The Block)

SOL1.28%
ATLAS0.69%
GMT-1.68%
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