Recently, I saw Delphi's research report indicating that by 2025, overall GameFi funding will plummet by 55%. This figure is indeed eye-catching. However, there is also an interesting comparison—the FIFA Rivals project has become a new benchmark for Web2.5 games.

This case is very representative. FIFA officially partnered with Adidas for endorsement, directly attracting hundreds of millions of football fans through traditional arcade gameplay. Blockchain is only used at the infrastructure level, with no excessive token speculation. Technologically, it uses Avalanche's custom L1, EVM-compatible supporting Solidity development, and high TPS to handle high concurrency scenarios. Sports NFTs, ticket rights, and similar contract needs are actually quite strong, but this area also has high thresholds for regulation and auditing.

To put it simply, the sharp decline in GameFi funding is actually a signal of industry reshuffling. Projects that survive will return to their core—game first, with a reasonable positioning of the chain's role. Projects that rely on token mechanisms to sustain themselves will eventually run into problems.