The Blockchain Game Alliance (BGA), in its latest annual industry report, points out that the Web3 gaming industry is shifting from an early speculative-driven phase to a development path that places greater emphasis on sustainable economic models and product orientation, with a significant rebound in overall market sentiment and maturity. Based on a survey of over 500 global blockchain game industry professionals, the report shows that industry optimism has rebounded from its 2024 low to 65.8%, with a shift in focus from token economic design to high-quality game content, stable revenue models, and payment infrastructure supporting real-world business scenarios. BGA states that the core indicator of this industry transformation is the "repositioning towards a sustainable economic system." The report recalls that after the Play-to-Earn boom in 2021, Web3 games experienced a downturn in 2024, with the collapse of the P2E model, funding shortages, and numerous project failures damaging industry confidence. In 2025, industry funding plummeted to $293 million, far below the $4 billion raised in 2021, forcing teams to shift towards streamlined operations and self-sustaining models. BGA also points out that improved regulatory environments and the widespread adoption of stablecoins are becoming significant drivers of industry recovery. Yat Siu, co-founder of Animoca Brands, believes that a more favorable US regulatory environment allows projects greater flexibility in token issuance structures; while stablecoins provide low-cost, low-volatility cross-border transaction solutions for in-game payments. Nearly 30% of respondents believe that the launch of high-quality games is the most crucial factor driving industry growth. (Cointelegraph)