#PlayToEarn 🎮 Is the Play-to-Earn era officially over?
Solana Foundation President Lily Liu made a loud statement: blockchain gaming will never return. She compared this direction to the Meta universe, which was actually declared a failure.
What happened?
After the hype of 2021, when Axie Infinity and Decentraland promised mountains of gold, reality turned out to be harsh:
• Economic collapse: The model of paying rewards through an infinite mint of tokens led to a depreciation of assets.
• Loss of capital: Most gaming tokens survive only thanks to listings, losing billions of dollars in capitalization.
• Skepticism of leaders: Even Solana, which positioned itself as the ideal home for fast games, is now putting an end to the former GameFi format through the lips of its president.
But is everything so clear?
Despite Lily Liu’s pessimism, the numbers and facts speak of transformation, not death:
1. Solana is still in the game: There are 88 live games running on the network, and the developer toolkit continues to improve.
2. Technological evolution: Complex wallets and high gas fees have been replaced by “invisible” wallets and free access.
3. Change of focus: Modern blockchain games are abandoning aggressive GameFi in favor of simply owning in-game items via NFTs, without putting earnings first.