Japan's blockchain gaming scene is hitting rough waters as major developers like Sega, Square Enix, and Konami pull back from play-to-earn (P2E) projects. With Sega stopping all internally developed games, the industry grapples with complicated gameplay and shaky in-game economies that turn off casual players. Reports suggest that relying on new players to keep profits flowing feels a lot like a Ponzi scheme. The cryptocurrency market's ups and downs haven’t helped either, leaving what was once an exciting frontier looking more like a fading memory.
Published on: 10/25/2025
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