The Japanese gaming industry is undergoing a revolutionary transformation, with traditional Web2 companies venturing into the Web3 space. The TOKYO GAMES Foundation is a typical representative of this change. As a leading mobile game developer in Japan, the company has launched the TGT (TOKYO GAMES TOKEN) Token, marking its entry into the blockchain gaming sector.

The TGT Token will launch on the Binance alpha platform in May 2025, with an opening price of $0.347. However, just a few days later, its price plummeted to around $0.006, and its market cap shrank to about $110,000. This sharp decline was mainly due to the announcement that the company's first Blockchain game, "TOKYO BEAST," would cease service in August 2025, which triggered strong dissatisfaction among investors.

Despite this, the TOKYO GAMES Foundation has still demonstrated confidence in the future. The company has committed to the continued operation of the TGT Token and plans to launch a second game project. To mitigate player losses, the official also offers USDC compensation, a responsible attitude that is not common in Web3 projects.

It is worth noting that the TOKYO GAMES Foundation has received strong support from well-known Japanese investment institutions SBI Investments and Digital Hearts Holdings, with a total financing amount reaching 70 million USD. This demonstrates the recognition of the potential of Web3 games by the traditional financial sector.

However, the experience of the TOKYO GAMES also reveals the challenges that traditional game companies face in transforming to Web3. How to effectively utilize token economics and how to design game mechanics that attract players in a blockchain environment are key issues that need to be addressed.

Despite the current low price of the TGT Token, considering the company's technological strength, financial support, and commitment to continuous development, it may still be a worthwhile investment opportunity. Of course, investors should closely monitor the company's progress in developing new games and its ongoing innovations in the Web3 space.

The Web3 gaming industry is in its early stages, filled with opportunities and risks. The experience of TOKYO GAMES provides valuable lessons for the entire industry and demonstrates the arduous process of traditional game companies transforming. In the future, how to balance traditional game development experience with Blockchain technology innovation will be a key factor in determining success.