Gate News reports that as of March 21, according to CoinGecko data, the market capitalization of the GameFi sector is approximately $4.515 billion. FLOKI ranks first with a market cap of $286 million, The Sandbox is second with $218 million, and Undeads Games is third with $211 million. Previously, Lily Liu, Chairwoman of the Solana Foundation, stated that blockchain gaming “will not return,” believing that actual performance has fallen far short of expectations. Additionally, institutions such as Andreessen Horowitz (a16z), Framework Ventures, and Animoca Brands have invested billions of dollars in this field.
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