There is no comparison between DeFi and blockchain gaming. Camelot developers cannot tomorrow make their LPs suddenly crash in value because they can mint assets diluting them. A valid trade is evaluated by the blockchain, not by Uniswap’s centralized authoritative server. Interest in Aave is funded by fees, not by a blockchain grant.
Other blockchain foundations are FOMOing with absurd amounts of money into this narrative. Okay. Are they seeing a return? UAW and DAU are terrible metrics for reasons evident to anyone who has ever made a bot. Gaming has fundamental problems with trust, centralization, and insecurity that are not going to be solved no matter how many grants you throw at developers to make unfun games.
All of these listed games have already had their “seed rounds” selling NFTs to hopeful investors. I’m not going to run down the list to see who has lost all of their money and who hasn’t, but one need merely look at Bridgeworld, Treasure’s own flagship game, to question whether throwing tens of millions of dollars more into the pit is really a good idea.