SPS discusses challenges of building GameFi amid crypto winter By Cointelegraph

Amid a drastic decline in coin prices, shifting player behavior and hard-to-maintain tokenomics, it’s been a difficult year for many GameFi developers. While more established franchises, such as , have held ground, other lesser-known projects, such as Elexir, have mostly pulled the plug, with a lack of viable game designs being unable to compensate for the “Fi” element in GameFi.

That said, one project that, despite running into all challenges, experienced by its peers, appears to have gained traction anyway. In early February, blockchain multiplayer online battle arena (MOBA) game Superpower Squad (SPS) surpassed 200,000 downloads on the App Store and Google (NASDAQ:) Play. The game previously launched in December 2022 and surpassed the 100,000-download milestone in mid-January.