GameFi is an all-encompassing hub for game finance. Its ecosystem features Yield Guilds, Launchpad, Aggregator, Marketplace, and Accelerator. GameFi was created to work out problems that most game studios have encountered and discovered effective ways in developing a platform that builds relationships with game players, token holders, and traders all in one place.
Odaily News: FUN LONGINUS, the first on-chain game launched by FUNVERSE, will officially go live on the Anubis Chain mainnet at 10:00 UTC on September 1, 2026 (18:00 UTC+8).Originating from a hackathon, FUN LONGINUS is an Eastern martial arts-themed on-chain game built for the Anubis GameFi ecosystem.The game adopts the 24 solar terms as its competitive structure. Each round brings together 24 different addresses, with each player using fLGNS to enter the arena. The execution of matches, determination of results, and final settlement are all handled by smart contracts, ultimately crowning one champion.On August 18, 2026, FUN LONGINUS completed its "Heroes Collective Mint." Based on market prices at the time of writing, the total value of this collective mint exceeded $1.4 million.This mainnet launch marks FUN LONGINUS's official transition from the hackathon prototype, public beta, and collective mint phases into the on-chain game operation stage.
According to SoSoValue data, the cryptocurrency market continues to correct, with Bitcoin (BTC) dropping 0.66% to above $77,000, and Ethereum (ETH) declining 0.24% to below $2,300. The AI sector performed notably, rising 0.96% in 24 hours, with Bittensor (TAO) up 4.20%, Unibase (UB) up 18.84%, and SkyAI (SKYAI) up 35.11%. Additionally, the GameFi sector gained 0.40%, with Axie Infinity (AXS) and GALA rising 2.64% and 2.45% respectively.In other sectors, the Layer 2 sector fell 0.06% in 24 hours, but Celestia (TIA) rose 4.05%; the CeFi sector declined 0.44%, with Aster (ASTER) gaining 2.55%; the Layer 1 sector dropped 0.88%, while Humanity (H) surged 26.66% intraday; the Meme sector fell 1.17%, with Pump.fun (PUMP) bucking the trend to rise 6.66%; the PayFi sector decreased 1.21%, with Safe (SAFE) remaining relatively firm, up 1.75%; and the DeFi sector fell 1.48%, with Block Street (BSB) rising sharply by 18.11%.Crypto sector indices reflecting historical sector performance show the ssiGameFi index rising 0.52%, while the ssiMeme and ssiNFT indices fell 2.38% and 2.34% respectively.
According to CoinDesk, data disclosed by market-making firm Caladan shows that approximately 93% of GameFi projects are now effectively dead, with token values down 95% from their 2022 peaks. Funding for game studios has also plunged 93% by 2025. Investment in Web3 gaming has nearly dried up entirely, as capital flows have shifted toward AI, real-world assets (RWA), and Layer-2 infrastructure—triggering a collapse across the gaming industry. Even Animoca Brands, one of Web3’s most active investors, has scaled back its gaming investments to roughly 25% of its portfolio and begun pivoting toward areas such as stablecoins. Moreover, in 2022, 63% of Web3 venture capital funding flowed into gaming; by 2025, that share has fallen to single digits. Over 300 games have announced shutdowns, turning Web3 gaming into a cautionary tale about chasing speculation while neglecting product-market fit.