The blockchain gaming market is getting crushed, but new approaches are emerging

It’s been a week without much formal blockchain gaming news. But even if the waves on top are dampened, the currents beneath are strengthening.

This week's paid newsletter covers:

- Gaming token prices continue to get battered, with even top games like Pixels seeing their tokens drop 94% from all-time highs.

- Recent launches haven't fared any better, with Azuki's ANIME and InfiniGods' GOD tokens both down 85% and 65%, respectively, from their TGE prices.

- Despite the poor performance of gaming tokens, there's a growing sense that we're finally reaching a point where new approaches are being adopted. Mythical Games is doubling down on presenting NFTs as valuable for their in-game utility, while Limit Break's Apptokens protocol is designed to help developers highlight the value of their game tokens beyond their market price.

- Maybe degens just like to degen, but these current conditions seem like the ideal opportunity to try something else.

- Check out my new cap!

- Another KOL Goes Apptoken (Sorta) news

- Zed Run sunsetted to make way for Zed Champions.

- Planet Mojo unveils its AI x player economy.

- Beamable raises $13.5 million to decentralize its existing gaming infra.

- What to expect from “open gaming superchain” B3?

- Game7's G7 mainnet goes live.

- NFL Rivals' Super Bowl event launches with predictions and exclusive cards.

- Move-to-Earn app StepMania launches via Telegram.

- As discussed below.