SPS discusses challenges of building GameFi amid crypto winter

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SPS discusses challenges of building GameFi amid crypto winter
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Superpower Squad defies the odds as GameFi struggles! The blockchain MOBA game surpasses 200k downloads in just 2 months.

Amidst a drastic decline in coin prices, shifting player behavior, and hard-to-maintain tokenomics, it's been a difficult year for many GameFi developers. While more established franchises, such as Axie Infinity, have held ground, other lesser-known projects like Elexir have mostly pulled the plug, with a lack of viable game designs being unable to compensate for the"Fi" element in GameFi.

"Compared to other industry projects, game development is a much more regenerative track that especially consumes time, effort and money. Superpower Squad has nearly finished all its functional development, with $3 million spent in just capital costs. But Being in this crypto winter, the entire industry finds itself having difficulty meeting its financing needs and becomes more reserved with its choices.

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