·Dora Noda·9 min
The Web3 Game Over Screen: Eight Studios Shut Down in 2026 as a $15 Billion Bet on Token-Native Play Implodes
Eight Web3 games shuttered in the first four months of 2026, capping a $15 billion bet that never found mainstream players — and Caladan's data shows 93% of GameFi projects are now effectively dead.
gaming
GameFi
Web3
tokenomics
+1·Dora Noda·11 min
Beyond X-to-Earn: How Web3 Growth Models Learned to Stop Chasing Hype
Explore how Web3 growth models have evolved beyond the X-to-Earn hype, focusing on sustainable retention strategies and community building to ensure long-term success.
Web3
crypto
tech-innovation
user retention
+1·Dora Noda·22 min
Farcaster in 2025: The Protocol Paradox
In 2025, Farcaster faces a paradox of technical excellence and user adoption challenges. Despite achieving a $1 billion valuation and advanced infrastructure with Snapchain, the 'sufficiently decentralized' protocol struggles with user retention and engagement, highlighting the tension between crypto-native innovation and mainstream relevance.
Farcaster
blockchain
SaaS
tech-innovation
+1