Unless you've been living under a rock you should have noticed that P2E gaming is taking over the market just like we predicted a long time ago. An in-game economy, combined with the possibility to monetize your time while doing what you would do anyway, makes the #P2E sentiment a lot more interesting and appealing.
Sure, the vast majority of games have yet to find a sustainable way of obtaining their economies whereby the demand side of things won't drop significantly after the initial expansion.
When the underlying asset (NFT) that generates the supply of utility tokens, is below a certain threshold, the price tends to skyrocket and the whole market enters the price discovery phase. No one knows what's the real value of the asset, thus it ends up being irrationally expensive.
For instance, 1Pega was worth 0.7 of eth. LOL
On the other hand, once the demand is met and there's no actual buying pressure, things tend to get rough.
It's so interesting to see the market acting as a living organism, adopting, reshaping the narratives, finding ways to make more $$$.
I'm not a fan of current models, simply because the yields are too high and it's always a matter of time when it'll collapse. For now, no one knows the perfect formula, but if I had to bet, I'd go for the ad system revenue system.
Fortunately, it's the way it is and we have a lot of room for improvement.
On top of ads, every project should focus on making the game fun, assuring the token has a social element or can strongly influence your status in the community. Why? Well, if the project has people who're only there to milk the system, without any viable tool to fight it back, it's kinda obvious what happens next.
Fun times ahead, that's for sure.
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I should agree with it.
Instead of focusing on their own pockets only, they should also be focusing on its users as well.
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Kinda hard to sustain the integrity once you make enough money, LOL.
Users are investors, and that's a bit confusing as well
We sure need the means to sustain any project mostly in the crypto industry.
When Nft first came into the industry, things were rough but that paved a way for Nft gaming.
Nft gaming is not in a dilemma of sustaining its economy and I agree with you about Ads serving as a means of maintaining a balance between rewards and loss. Trust is important to keep projects alive too.
I'm a fan of NFT gaming and I believe it has a place to fill in the crypto-verse
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It most definitely has the place to fill, a large one I would add.
Seems that most of them are either scams or fundamentally broken ecosystems.
There's no such thing as a free launch - reward competition
100%
It's hard to stay for a long period in the space but I believe later in the future, Hive gaming would be a huge success.
Rising star is also one of those nice games I got to encounter here on hive.
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The real p2e games are going to surge when the big companies start adding in to their actual games, like COD, FIFA, Valorant, games like that.
For now, I thinks most of the p2e games are going to be the same, at the beginning on the top, at the end on the floor.
I don't think traditional corps will be interested, at least not yet
Perhaps in a few years.
Their business models don't match what community desires.
🤷
They could surprise us one day👀
it says that activision blizzard is studying the possibility to add NFT’S and crypto to their games
They will make a use of technology, but I'm not sure if they'll incorporate earnings
Perhaps via NFT collectables or something similar