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CHAINLETTER · Apr 23, 2026

The Broken Promise of Crypto Gaming

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Why blockchain never conquered the world's largest entertainment industry and what might actually come next.

How This Report Came About

Like many people in Web3 and around the fringes, we assumed gaming was one sector primed for a blockchain overhaul. Gaming is the world’s largest entertainment industry, generating $188 billion annually across 3.4 billion players. Its audiences are young, digitally native, and already transacting inside virtual economies. Block…

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Read on bagster.substack.com

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