Invested 12 billion, less than 10% survived, even casinos wouldn't dare set such odds.

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CryptoSat
🚨 Harsh Reality of Web3 Gaming
According to Caladan’s latest report:
$12 Billion+ was invested into Web3 gaming projects between 2020 and 2026
93% of that capital is now effectively dead ($11 Billion+ wiped out)
The majority of Web3 gaming projects have failed to survive.
A sobering reminder of how brutal the sector has been despite massive hype and funding.
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