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Topic: Anyone else feeling let down by crypto Play to Earn gaming sector ? (Read 167 times)

hero member
Activity: 1652
Merit: 566
Leading Crypto Sports Betting & Casino Platform
With DeFi projects struggling to regain trust since LUNA's collapse, and the current bear market I think this was the perfect time for the play to earn gaming sector to explode, or at least to gain traction in the way Axie Infinity did in early 2021.
All back to the hype of crypto itself. Not all DeFi is represented by a LUNA crash right? there are still many DeFi projects that survive and remain in the crypto circle that is trusted by investors and traders. P2E games are busy among gamers, but they are too interesting for those who prefer to invest directly in their crypto and not participate in the game.
full member
Activity: 700
Merit: 182

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No doubt, playing to earn games is a really great way to explode the gaming industry in the blockchain sector. But obviously, there are some problems that actually can be a road blocker to this. But we already know how well Axie Infinity has grown. However, due to an unfortunate circumstance, they are experiencing major difficulties, and we now know what the axie is. But yeah, one thing that is actually a problem for play-to-ear games is that there are lots of scams and free-to-play games. What is actually trying to ruin the market? And they are also making some cheap and boring games that actually divert the players' minds from blockchain games. But I hope in the near future we will explode very soon. I hope for the best . This is my opinion. Others can be different. Thank you.
legendary
Activity: 2884
Merit: 1258
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With DeFi projects struggling to regain trust since LUNA's collapse, and the current bear market I think this was the perfect time for the play to earn gaming sector to explode, or at least to gain traction in the way Axie Infinity did in early 2021.

NFT?  I think its hyped had already diminished.  And I do not think that the current development of LUNA case will give traction to NFT because lots of NFT made investors lose a lot of money.  Besides a regular investor would stay away from this project because of the Axie infinity market history.  These NFT games maybe become successful but it also made lots of people to go bankrupt.  I feel metaverse will possibly get hyped but I think it won't be a grand hype.
sr. member
Activity: 2044
Merit: 314
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No, I expected it all to crash the way it did. It was a completely unsustainable business model.

Until there's actual technology that makes sense behind it, it will never work in any long-term meaningful sense.
Most of them died already while some are still having a hard time to rise again, with Axie development I don't think it's enough to bring back the good old days. Many lose their trust already on P2E games, sadly this technology didn't last for years since the hype already ended.

If P2E is able to offer a more consistent platform that can give good profit to the players them we might see them on a good position again, but until they made such growth, P2E will remain just like and ordinary game. Competition though seems to be more effective with a high reward, this might be the next trend for P2E.
hero member
Activity: 2814
Merit: 526
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When it terms of Play to Earn and you have to play the game to actually make something is what makes a huge let down to most of these projects, it's easily become boring when you played it so many times without any progression and it becomes a huge chore to play which is so unfun for so many people.

Also most of the P2E games right now are under-development with some exception but people won't wait that much longer where there are so much stuff better to do.
legendary
Activity: 1946
Merit: 1157
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My expectation for play to earn games before was too high not until many projects have failed and some of them even turned into a rug pull. Some remaining NFT games still have huge potential but they still need further developments for them to handle and stand firm in every market situation. We could see if they still have a future when the market gets back to normal and fully recovered. NFT teams should apply improvements as early as possible to save their projects.

some NFT games that still have potential may not be much. Many NFT games that initially looked promising are now not developing and stuck in place, because there are no new innovations and developers are not continuing their projects anymore. the NFT market and some PLA to Earn games are experiencing a significant decline, so there is not much interest in users to use them anymore. this is also due to the state of the crypto market which is crashing, so all projects are disrupted.
hero member
Activity: 1820
Merit: 537
My expectation for play to earn games before was too high not until many projects have failed and some of them even turned into a rug pull. Some remaining NFT games still have huge potential but they still need further developments for them to handle and stand firm in every market situation. We could see if they still have a future when the market gets back to normal and fully recovered. NFT teams should apply improvements as early as possible to save their projects.
hero member
Activity: 2660
Merit: 551
I guess that's one obvious problem of P2E,

1. Gamers get easily board
2. People need to go on board with the next game

Rinse and repeat, and that's what really hurting the gaming industry. Of course, Axie is the prime mover, so obviously it gain so much traction in the beginning. We go crazy about it, but then when the excitement wane out and then we go on a long bear market. Suddenly the market lost interest and so we feel that we are being let down by the developers.
sr. member
Activity: 1890
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no project has yet brought the perfect P2E concept. as far as I've tracked, at least P2E projects will last 1 year at most and finally they are starting to be abandoned by the community because the main factor is the small reward from game missions and the price of tokens obtained continues because of the incompatibility of demand and sales.
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
I am not very interested in P2E projects.  Because it is not a good concept for a project to survive in the market for a long time . It survives in the market for a very short time through hype.  And suddenly at any moment its hype can stop and its price can fall.  Focusing on these concepts does more harm than good. So in the future, as better concepts come to cryptocurrency, people's confidence in these concepts will decrease more .
sr. member
Activity: 1918
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I'm sure it must be a lot. especially for those who enter P2E projects later than those who have entered from the beginning, they will surely regret this kind of project. some people even understand if P2E projects are still a start they are great to generate but if it's been a long time there's nothing we should really follow because none of them last much longer.
hero member
Activity: 2912
Merit: 556
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I don't feel disappointed by crypto Play to Earn because I don't play games to make money from it. Play to Earn seems like it will still be an exciting game that can attract more players, but to Earn something from the game, maybe players still can't get it.

And with the current situation in the crypto market, I think Play to Earn will still be the same as before and maybe wait for the moment to get the attention of many players so that it can become a new trend. Possibly next year could be a moment for Play to Earn to bounce back, and with the backing of a solid developer, that will make it possible. And all the developers who create Play to Earn projects will always try to give players something different so they can have fun playing it and earn something too.
sr. member
Activity: 733
Merit: 250
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Play to earn trend is not working well. Many best gaming project failed which is very bad sign for play to earn gaming projects. Axie was good game and many users took interest in this game and after that many new gaming project launched but it's did not give long term profit to users and now many gaming project failed to launch.

it is just a trend like other trends in the market, no trend is sustainable or will always be profitable for investors. I find it has done its job very well to help thousands of investors gain great profits, unfortunately some of the following Fomo investors were unable to make a profit. Trends will be temporary and will die after a while, so invest wisely and seize the opportunity at the right time.
newbie
Activity: 17
Merit: 0


 I share your feeling of letdown, indeed the P2E has not reached its full potential. Yet again, there are promising projects that gave me some hope once again… I believe games like Naramunz will pave the way for AAA games and then we shall live the golden ages of P2E.
sr. member
Activity: 1428
Merit: 344
Let's face it, some of us older gamers here don't have many spare hours a day , maybe one hour, and if that hour will earn me $20 and looks kind of lame or childish, I rather spend that hour playing something that looks amazing or intricate or fun , even if it costs me money. So it's a long shot for Gaming studios like Gala Games or Vulcan Forged to try to lure new gamers into the space in 2022 -2023 with the current lineup of childish and lame games we have.
With the current criticism these play to earn gaming industries are getting about their very unattractive game play, I believe that they will strive to make an improvement to that effect. Maybe it is in their strategy to not spend so much on creating an attractive gaming environment because it is a play to earn game, but clearly that strategy is failing and they will need increase their budget on their game play design. An unattractive game play design will not attract enough users, and that can affect their earnings.
legendary
Activity: 3542
Merit: 1352
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I'm not feeling the crypto P2E sector, and I don't even have high hopes for this particular field at all. Too many games already came and go, and only Axie made a dent for a short while. Other P2E games such as Plants vs Undead has already disappeared from existence, with other games slowly following suit. P2E is fun while it lasted, and I think this concept has been proven to work, but not feasible to do so in the long-term unless someone can come up with a game that is actually fun and does not need repetitive grinding and mechanics in order to earn something.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
Play to earn trend is not working well. Many best gaming project failed which is very bad sign for play to earn gaming projects. Axie was good game and many users took interest in this game and after that many new gaming project launched
It worked well but temporarily. It was a good run with Axie but it's not really that maintainable and the same goes with the other NFT games that have been part of the craze.

but it's did not give long term profit to users and now many gaming project failed to launch.
It's because they're hard to maintain, economically wise, they really can't. Besides, too many scam projects rode the popularity of it and that has pushed a lot of real investors and enthusiasts to stay with it.
legendary
Activity: 1932
Merit: 1273
~what do we have now, 2022 ?  DeFi Kingdoms ? TownStar ? My Neighbour Alice ? Gods Unchained ? Yes we have those ( unless I'm mistaken ) and they kinddaaa look interesting but to be honest they can't possibly compete for users with the mainstream games currently out there, which will cost you money and won't earn you a penny. Let's face it, some of us older gamers here don't have many spare hours a day , maybe one hour, and if that hour will earn me $20 and looks kind of lame or childish, I rather spend that hour playing something that looks amazing or intricate or fun , even if it costs me money.

To not repeat myself, I have posted some thought about P2E:

~ essential part of gaming itself is whether the game is playful or not, if the game is shitty, people will not play it even if they earn some money. On another hand, people who solely seek profit will come into them. Some popular games like CS GO  already have a loyal community, and the game itself is legendary. With that in mind, we know that there is a platform that give the player an earning if they play the game.

To put it simply, if the game sucks, people won't play it and there is no money in them since there isn't any gaming/economic activity.

And yep, I missed an long known thing, which is price. People do gladly pay for the game if it is truly interesting. Let's put aside how the regular game pricing/business evolved, but one characteristic that currently major games has is they are not specifically required to integrate cryptocurrency, there is no benefit for them. So, it's either the business model that has roots in cryptocurrency competing with them or make an attempt to innovate cryptocurrencies that product benefit to most gaming companies.

With that in mind, cryptocurrencies do have a truly insignificant part of gaming itself. So this factor should solely be additional and most game developers should prioritize the focus to make or create games that satisfy gaming communities or at least playfully unique.
member
Activity: 368
Merit: 15
I don't like the idea behind crypto play to earn games and yes they are down right now but since this area of utility is still not completed yet it's possible that play to earn games will bring the highest roi in next bull market, I am always in for the money so I don't care if its going to work out on the long term.
legendary
Activity: 3178
Merit: 1054
Accept that nearly none of the NFT games that are currently in existence will ever again prioritize the printing of money without its players putting in the time and effort necessary to be a competitive player. You see, especially in Axie Infinity, all the rewards goes to the top players on the leaderboard where there is a huge sum, if not a decent amount of money to get.

This means that the game does not anymore distribute the asset carelessly that would repeat the same mistake back in its early days, because so far that's the only solution to consider for them to survive.

i was envious that time when Axie was at the top. i wanted to buy a team from someone for close to $2000. few weeks ago he is offering me an Axie team for less than $200. the hype didn't last long. maybe one day if there is another game that is more inclusive that users with just $20 can participate will make p2e games attractive to all using android phones.
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