BlockBeats 消息,12 月 30 日,Delphi Digital 发文表示,「2025 年对 GameFi 来说是艰难的一年。整体融资规模同比下降超过 55%,备受期待的一些项目上线表现不及预期,市场热情明显降温。但如果拉长视角来看,整体情况更为复杂。我们正在看到 Web2.5 游戏的悄然崛起。这类游戏将区块链视为纯粹的基础设施层,往往直接跳过代币设计,转而在真实收入和产品体验上竞争。像 Fumb Games、Mythical Games,以及 Wemade / Wemix 等工作室,依然在持续创造可观收入,同时以各自不同的方式利用区块链:区块链帮助它们提升利润率、增强用户参与度,或引入新的变现渠道。相比之下,原生 Web3 游戏今年虽然也创造了 百万美元级(6–7 位数)的收入,但玩家规模依旧偏小,而且大量由机器人构成。一旦激励机制枯竭,游戏的乐趣往往也随之消失,尽管部分团队正在尝试新的机制来应对这一问题。Web2.5 工作室如今已经能够在不强迫用户参与投机、也无需为生硬的用户体验找借口的情况下,充分利用区块链带来的优势。随着稳定币的进一步普及,稳定币的普及将加速这一趋势。小额交易、全球支付渠道以及基于用户参与度的奖励机制都将变得更加便捷。」
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