GG Story of the Year 2025: Crypto Gaming Collapses as Funding Dries Up

This was the year that, for many, the crypto gaming dream died. But that dream didn’t end on its own—it was smothered by venture capitalists who stopped believing in it, and crucially, stopped investing in it.

In 2025, numerous notable crypto games shut down their operations, which Decrypt has tracked throughout the year. These closures left developers unemployed, dedicated player bases abandoned, and entire collections of digital assets rendered practically useless.

Some of these titles even promised to be forever games, claiming the power of the blockchain would keep it running indefinitely—a promise that was evidently broken.

The video game industry has faced broader struggles in recent years, including widespread layoffs, and…

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