# Report Says 93% of Crypto Games are Dead

In Brief: The Web3 gaming sector is experiencing a significant downturn, losing $15 billion as investor interest declines. About 93% of GameFi projects are now inactive; token values have dropped approximately 95% since their peak. Over 300 blockchain-based games have ceased operations, highlighting

| Fact | Value |
| --- | --- |
| Published | 23 April 2026 |

Source: https://egamers.io/report-says-93-of-crypto-games-are-dead/