#稳定币发展 The 2025 GameFi funding data is indeed a bit sobering—down over 55%, suggesting that the once "wealth-building dream" has cooled off. But there's a particularly interesting twist hidden here: Web2.5 games are quietly emerging, and their gameplay deserves a re-examination.

Rather than saying it's a decline, it's more like the industry is undergoing a rational self-correction. Pure Web3 games that forcibly bind tokens and rely on incentive mechanisms to attract bots are becoming ineffective. So what are truly understanding balance teams doing? They treat blockchain as infrastructure, focusing on product experience and real revenue. Studios like Fumb Games and Mythical Games are making strides along this path.

What is the most critical variable here? The widespread adoption of stablecoins. Imagine when global micro-payments and user reward mechanisms can be conveniently transacted via stablecoins, the advantages of blockchain will truly be activated—not just hype stories, but real value flow.

So don't be too pessimistic. This rectification is actually paving the way for the next phase: truly viable Web3 applications should be products that make users feel they don't notice the presence of "blockchain" but still genuinely enjoy the benefits of decentralization. This is the door to large-scale adoption.