Game7, Xai Foundation, and Magic Eden launched a $500K recovery fund in September 2025 to aid web3 game players affected by recent shutdowns, supporting the Arbitrum gaming ecosystem.
The initiative highlights the growing need for community-backed solutions in web3 gaming, aiming to stabilize the market and restore player trust amid significant asset withdrawals.
The launch of a $500K recovery fund by Game7, Xai, and Magic Eden addresses player losses from Web3 game shutdowns. This move follows significant game closures in the blockchain gaming scene.
The initiative involves three key players: Game7’s DAO, focuses on infrastructure, Xai Foundation specializes in Layer 3 gaming, and Magic Eden is a prominent NFT marketplace. Their collaboration aims to support affected communities.
Direct Financial Relief for Affected Gaming Communities
The fund is designed to offer direct relief and grants to impacted players and communities. Financially, the fund could stabilize related tokens and encourage greater community resilience.
Potential outcomes include increased trust within decentralized gaming and possibly boosting on-chain player engagement. Analysis predicts improved governance through DAO management, utilizing data from past game recoveries.
Lessons from Axie Infinity’s Recovery After Ronin Hack
Similar initiatives, like the Axie Infinity recovery post-Ronin hack, demonstrated grant efficacy. Historically, such programs have stabilized token prices and fostered community trust.
Experts suggest the fund could bolster Web3 game resilience and player confidence. Insights from crypto figures support the view that these recovery measures align with industry growth patterns.
“Player-centric funding solutions like this matter for decentralized games. Building a culture where communities care for each other is a step forward.” – Vitalik Buterin
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