RedFish2nd💫

🎙Web3 Public Speaker 📢
🎮 mmo,rpg,fps,survival Gamer 🕹
📦Hoarder of Rare Loot 📦
💎🍬🍀🪅🎫💍👑

[RedFish2nd💫 @RedFish2nd]

Finally after years on bombarding every @RSDragonwilds post telling them to do this for the main game and call it @RuneScape 4 you fuckers finally listend. Lol 😅

[RedFish2nd💫 @RedFish2nd]

@primusyustisio @gottaclipit Lmfao #showmetheHoeFacts

[RedFish2nd💫 @RedFish2nd]

@MrBeast That being 1,300,000

[RedFish2nd💫 @RedFish2nd]

@MrBeast @MrBeast 1.3m pennies

[RedFish2nd💫 @RedFish2nd]

@ParkzRS @kooistra050 @OldSchoolRS Then suck it up not everyone plays s tier efficiency.
If you do then congratulations your meta just changed.

[RedFish2nd💫 @RedFish2nd]

@Vibatron Also if I win this will be my first ever slab.

[RedFish2nd💫 @RedFish2nd]

@Vibatron This is insane!!

[RedFish2nd💫 @RedFish2nd]

@cagyjan1 Must have life skills

[RedFish2nd💫 @RedFish2nd]

@SpikeCollects This makes me happy

[RedFish2nd💫 @RedFish2nd]

@alaska_game A great dev actually builds a fucking payable game!!

[RedFish2nd💫 @RedFish2nd]

@MaplestoryU More like built by ignoring 99% have to use VPN to play cause you are retarded.

[RedFish2nd💫 @RedFish2nd]

@CombaTON_game Hell yes

[RedFish2nd💫 @RedFish2nd]

Hey web3 content creators .... make actual content on the games not market predictions not ponzi bullshit. Actual gameplay content or shut the fuck up.

Cause your stupid regurgitation of tweet bs is not and never will be content.

[RedFish2nd💫 @RedFish2nd]

@NeoxaNet Omg you brought rust back hell yes

[RedFish2nd💫 @RedFish2nd]

Lmfao I called this shit.
I have been screaming for years the tech .... the fucking tech needs to be invisible at least for 6months after launch.

Then a good real game can say suprise we actually been using blockchain and now you own your loot.

[Sam Steffanina @SamSteffanina]

Gaming went from 62.5% of all web3 venture investment in 2022 to single digits by 2025.

But Web3 gaming didn’t fail because crypto crashed. It didn't help, but that’s the lazy explanation.

Multiple capital structures broke at the same time:

1. VC-funded studios.
2. Retail NFT mints plummeted
3. P2E guilds got crushed
4. Metaverse everything was valueless
5. Telegram tap-to-earn funnels.

All of them relied on the same assumption:

Rapid growth (demand) would arrive before durable gameplay demand.

It didn’t.

The numbers are brutal:

of $12B-$15B that flowed into blockchain gaming between 2020 and early 2026, the report estimates ~$11B of that is gone.

93% of GameFi projects are classified as effectively dead.

The average GameFi token is down ~95% from all-time highs.

Quarterly VC funding to web3 game studios fell from $1.6B in Q1 2022 to ~$18M in Q2 2025.

300+ gaming dApps went inactive in Q2 2025 alone.

And the case studies tell the same story:

@Pixelmon raised $70M from an NFT mint before shipping a public game (they were later bought out by good leadership and have made some interesting things).

@hamster_kombat reportedly went climbed to 300M users (a massive amount of bots, surely, but still insane) to 12M in six months.

@AxieInfinity went from 2.8M daily active users at peak to around 100K.

Off the Grid is probably the most interesting test case. It had $100M+ raised, Call of Duty talent, Neill Blomkamp involved, major streamers, and 14M self-reported lifetime users...

But the report says it still struggled to break ~15K concurrent players on Steam, and now they are being accused of not paying contractors, Node investors have gotten washed (me included) and the token hasn't been a success either.

That matters because OTG is not a random Discord server with a JPEG project.

It is one of the closest things web3 gaming has had to a serious mainstream swing.

So the issue is not one bad game... it's an entire funding model that encouraged projects to (aggressively) monetize ownership before they earned attention.

That said, I don’t think the takeaway is “blockchain can never work in games.”

The better takeaway:

Token-first web3 gaming looks cooked.

Blockchain-as-invisible-infrastructure still has a shot, but it is much smaller and way less sexy than the 2021 pitch deck promised.

Quality web3 titles are reportedly seeing 35%-45% monthly retention, close to web2 benchmarks of 40%-50%.

@PlayCambria has processed $150M+ in PvP wagers with 4,500 concurrent players.

@pixels_online has shown steadier engagement with a lower-overhead model.

Web2.5 studios are moving toward stablecoins, invisible wallets, and blockchain as backend infrastructure instead of making the token the main character.

That is probably the healthier path.

Players do not want to be “onboarded into an ecosystem.”

They want a good game.

If ownership, trading, or payments make the game better, great.

If those things are the game... you should probably just trade perps or prediction markets instead.

The first era of web3 gaming tried to financialize fun before proving the fun existed.

The next era, if it exists, has to reverse the order:

Build games people want to play.
Use blockchain only where it improves the experience.
Stop treating token liquidity like product-market fit.

Let me leave you with one more important piece of context.
- Only ~20% of all published video games ever make any profit.
- 70% of indie games never break even.
- The top 10% of games generate around 90% of total industry revenue.

Games are hard with or without blockchain.

[RedFish2nd💫 @RedFish2nd]

Yo @OldSchoolRS let's get this polled and back in game.

@theoatrix @RuneScape @JagexSupport @JakeSucky @JagexAsh

[RedFish2nd💫 @RedFish2nd]

@SpikeCollects You should suport teams actually building games not ponzi bullshit and not financial products with unity sloped on top.

[RedFish2nd💫 @RedFish2nd]

@inhuman @tsubasaP2E @SpikeCollects @yellowpantherx @iceyyy_gaming @cagyjan1 Legit all guilty of shilling ponzi bullshit.

Honestly inhuman I use to be at odds with your takes but you showed actual authenticity and fuck you were right about your calls.

[RedFish2nd💫 @RedFish2nd]

@SpikeCollects @tsubasaP2E @yellowpantherx @iceyyy_gaming @cagyjan1 It would need to have been great to begin with.