In 2021, crypto was supposed to reinvent gaming: play, earn, and genuinely own your items. Five years later the record is sobering. Every large gaming token trades between 97 and almost 100 percent below its high, and six of them marked an all-time low only this summer. The analytics firm Caladan counts more than 90…
Illuvium co-founder and CEO Kieran Warwick said Aug. 21 that six months of cost reductions and a further wage cut had restored more than 12 months of operating runway for the web3 gaming studio.
