The market's still reeling from the spectacular downfall of $LUNA & $UST, with bearish sentiments pervading like a thick miasma of despair.
In these tough times, users can seek solace in #GameFi, escaping reality in the sweet joy of games and bountiful rewards
...or can they?
$AXS, $SAND and $ENJ showed some small signs of life as $BTC inched back above $30k, but the GameFi sector is far from making a full recovery.
@AxieInfinity may have been the pioneer that jump-started the renaissance of #GameFi, but its days as a blockchain game powerhouse are now slipping.
Since the peak of Play-to-Earn mania, the daily active users (DAUs) of Axie has decreased to just over 840k - a 65% drop.
In other news, the @moonbirds are getting a little odd, more NFT founders are getting the @zachxbt treatment, and another simian project joins the big boys club!
Join us as we dive into the GameFi sector and more in the article below 👇🏻