Bitcoin's fall from $70,000 to $50,000 and Ethereum's 20% plunge in a single day have had a certain impact on blockchain-based Web3 games:

The impact of price fluctuations on player investment and participation: The sharp drop in cryptocurrency prices will affect players' confidence in investing in virtual assets, causing some players to sell digital assets when prices plummet and reduce their investment in the game.

Instability of the in-game economic system: Cryptocurrency price fluctuations may lead to instability in the value of virtual assets in the game, affecting the balance and stability of the in-game economic system, and may lead to inflation or deflation.

Developer income and funding sources: The decline in cryptocurrency prices may affect the income sources of blockchain-based game developers, especially those who rely on cryptocurrency sales and transactions.

User retention and loyalty: Price fluctuations may lead to player loss, especially those who have invested more, who may choose to leave the game due to asset depreciation, thereby affecting the user retention and loyalty of the game.

Market uncertainty: The volatility of the cryptocurrency market will bring uncertainty to the overall market, which may affect the joining of new players and the development of the game ecosystem.