GameFi in 2024: Growth Fueled by Incentives Over Innovation

The GameFi sector experienced significant user growth in 2024. However, the current path to success in GameFi remains largely driven by financial incentives rather than the delivery of AAA-quality gaming experiences. Developers often prioritize crypto-speculative mechanics and airdrops over leveraging the full potential of blockchain technology. This business logic is likely to persist as long as revenues continue to outweigh development costs.