In September 2025, three organizations — Game7, Xai Foundation, and Magic Eden — launched a $500K recovery fund to assist web3 players impacted by recent game shutdowns.
Goals of the Fund and Key Players
The initiative highlights the growing need for community-backed solutions in web3 gaming. Game7 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.
Financial Aid for Affected Players
The fund is designed to offer direct relief and grants to impacted players and communities. This step could help stabilize related tokens and encourage greater community resilience.
Lessons from Axie Infinity's Recovery
Similar initiatives, like the Axie Infinity recovery post-Ronin hack, demonstrated grant efficacy. Historically, such programs have stabilized token prices and fostered community trust. Vitalik Buterin stated, "Player-centric funding solutions like this matter for decentralized games. Building a culture where communities care for each other is a step forward."
The launch of the recovery fund in web3 gaming underscores the importance of maintaining player trust and ecosystem resilience following recent challenges.
