In December, the “CryptoMines” sci-fi game on the BSC network crashed, and the price of its ETERNAL token fell from $800 to $3. The “CryptoMines” game is a simple and unpolished mining game that belongs to a typical Ponzi economy (afterward the predecessors made payment). For GameFi games, the SLP revenue of Axie games has also fallen below the average salary level in the Philippines, resulting in stagnating growth of game users and community concerns. GameFi games will inevitably decline, forcing the market to reconsider: What is the definition of a blockchain game? Why is the GameFi model not sustainable?
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