ChainPlay reports that 93% of Web3 GameFi projects are dead, with an average value drop of 95% from all-time highs. The peak of GameFi enthusiasm in 2022 has waned, and even well-publicized airdrops haven't reversed the decline. While retail investors saw a 15% profit, VCs averaged 66%, with Alameda Research seeing a 713.15% ROI. Overall, GameFi investments have decreased by over 84% since 2022, highlighting the volatility and risks for individual users. #GameFi #Web3 #Crypto #Investments #VC