Derived from TechFlow, as of November 28, 2025, GameFi tokens have completely dropped out of the top 100 by market cap, with $FLOKI ranked 155th on Coingecko. The article traces the rise and fall of the GameFi sector, from the 2021 Axie Infinity boom to the 2024 Telegram game craze, highlighting recurring issues such as trust, transparency, and user retention. On November 24, a new Telegram-based game, COC (Call of Odin's Chosen), launched with a novel VWA (Virtual World Asset) mechanism, aiming to address these challenges by making all in-game economic data chain-verified. COC introduces a Bitcoin-style halving model, 84% token distribution to players, and a transparent, verifiable economy to potentially redefine the Play to Earn model as 3.0.
GameFi Tokens Fall Out of Top 100, COC Aims to Revive Narrative with Bitcoin-Style Model
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