Axie Founder Steps Down as Crypto Games Promise Wealth for Web3 Gamers

The Future of Web3 Gaming and the Role of AI

Pixels founder Luke Barwikowski has made it clear that while artificial intelligence (AI) is gaining traction, it may not be the key to becoming a millionaire. In an X post, he emphasized that the public has very little chance of achieving significant wealth through AI, as access to top-tier AI development is largely controlled by venture capitalists (VCs) and private entities like OpenAI or Anthropic.

Despite this, many Web3 gaming companies are increasingly promoting AI as a revolutionary tool. For example, in the popular game Pixels, gamers can be seen trading items at in-game stores, showcasing the evolving dynamics of virtual economies. However, Barwikowski encourages individuals to remain focused on crypto, which he believes still offers opportunities for everyday users to gain value.

Animoca Brands Expands into AI

Web3 gaming giant Animoca Brands recently expanded its interest in AI with the launch of Animoca Minds on February 3. This service enables users to deploy and operate persistent AI agents. According to Animoca, the platform provides a streamlined, whitelabel experience that simplifies the process of deploying and maintaining AI agents. This move highlights the growing intersection between blockchain technology and AI, as more companies explore how these two fields can complement each other.

Content Creators Shift Focus

Content creators in the blockchain gaming space are also shifting their focus toward AI. YouTuber Web3 Wasley recently announced that he is pivoting his content from Web3 gaming to AI, citing the lack of a game that has captured enough players since the Axie crash. He noted that none of the current games have built a strong enough community to warrant deep engagement.

However, not everyone shares this sentiment. Gaming content creator Iceyy remains optimistic about crypto gaming, stating that a few games are seeing success with the risk-to-earn model. This suggests that while some creators are moving away from Web3 gaming, others are finding new ways to engage with the space.

Axie Infinity’s New Direction

Axie Infinity co-founder Aleksander Larsen has stepped back from the day-to-day operations of Sky Mavis, Axie Infinity, and Ronin Network. In an X post, he stated that his focus is now on defense, hinting at a shift in priorities. Larsen will continue as a shareholder, board member, and long-term advocate for the company.

This decision comes after fellow co-founder Jeffrey Zirlin (JiHo) declared that Axie Infinity is set to take larger risks in 2026. Larsen linked his decision to the 2022 Ronin Network hack, which was one of the largest crypto breaches ever, costing $620 million. The incident had a significant impact on the Axie Infinity ecosystem, leading to a sharp decline in the AXS token price and pushing the company into crisis mode.

Illuvium’s Overworld Release

Illuvium founder Kieran Warwick has announced that the highly anticipated open-world adventure Overworld will be released earlier than expected. In an X post, he stated that the game is targeting a December 2026 release date. This decision comes after cutting out resource-intensive elements while keeping the features that players love.

Warwick addressed the current volatile climate of the crypto gaming market, emphasizing that this is not another gaming shutdown notice. He acknowledged the challenges faced by the industry, noting that the last six months have been tough, with sentiment in crypto at an all-time low.

Other News in the Crypto Gaming Space

Registrations are now open for the Sui x EVE Frontier hackathon, which will kick off on March 11 with $80,000 in prize money. Additionally, Yield Guild Games has launched a new Web3 puzzle game called WaifuSweeper on the Abstract blockchain, blending Minesweeper-style logic with gacha-driven collection mechanics.



The crypto gaming landscape continues to evolve, with both challenges and opportunities emerging. While some creators and companies are shifting their focus toward AI, others remain committed to Web3 gaming, believing in its potential to deliver value and innovation. As the industry navigates these changes, the future of crypto gaming remains uncertain but full of possibilities.

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