What the crash of a play-to-earn game reveals about the future of Web3
September 09, 2025
September 09, 2025
ITHACA, New York, Sept. 9 -- Cornell University posted the following news:
* * *
What the crash of a play-to-earn game reveals about the future of Web3
*
At the height of the COVID-19 pandemic, players flocked to Axie Infinity, a blockchain-based video game where users received cryptocurrency tokens for their time spent playing. In 2022, when the broader crypto market crashed and a massive hack erased players' earnings, most users fled. A . . .
* * *
What the crash of a play-to-earn game reveals about the future of Web3
*
At the height of the COVID-19 pandemic, players flocked to Axie Infinity, a blockchain-based video game where users received cryptocurrency tokens for their time spent playing. In 2022, when the broader crypto market crashed and a massive hack erased players' earnings, most users fled. A . . .