It is possible to make such a thing like a game which those economical characteristics you have mentioned, but it would require specific special conditions for such a game to be sustainable through time: it has to be a massive multiplayer game available to millions of people, without asking for extremely high PC specifications, it must be fun enough to hook people up to play it and it also needs to have a balanced in-game economy so people playing because of profit can continue to do so in the long term, while there still people spending money only for the sake of fun.
As we are talking about a game of huge magnitude, it would probably take some major company to have some stakes in it for it to move forward and come to fruition.
Topic: Is a game with a fully tradable digital currency possible or just a dream? - page 2. (Read 396 times)
September 01, 2024, 11:22:09 AM
September 01, 2024, 10:56:29 AM
There were so many NFT games released that has used their ERC20 token as their in game currency, most of them fails however, mainly because they are too focused on the financial aspect they forgot that people play game because it's fun and most of these games are so boring.
This, this is so true, unfortunately ;( Many games just don't have a gist for them going, you don't have fun while running and doing stuff in them. It shouldn't be that way.
August 30, 2024, 08:52:34 AM
Anyway, I'd like you guys thoughts on this matter? Will it be possible to fully realize such a dream or will it just be another child's dream, I mean such a game will need a massive player base of over a billion for such a thing to be sustainable, so I'm doubting it's plausibility. Also, if any one of you guys has some info on that Counter Fire project please share, Tq.
Please remember one thing - if a certain token is easy to generate and doesn't require any investment or skillsets, those tokens will never have a real-world value ever.
If you look at those tokens that can be mined through your mobile phone, you will see that those tokens never appreciate in value. The reason is very simple. It doesn't require an investment or skills to generate those coins. So instead of buying, everyone will generate it and then when it comes to the market, you will find a buyer.
The same mindset applies to the game tokens. Unless those tokens are extremely rare, those will never have value. Because then everyone will generate it from the game and try to sell it through an online marketplace where you will only see sellers available but no buyer.
You have a point. Difficult to mine and the longer the value. Those with easy access doesn't have value long term. I played pirate, game was easy and I got some airdrops and even the tokens.. haven't really checked till now ahah. Are you following counterfire? Pre deposit & Lauchpool for it is on
August 30, 2024, 12:52:43 AM
Anyway, I'd like you guys thoughts on this matter? Will it be possible to fully realize such a dream or will it just be another child's dream, I mean such a game will need a massive player base of over a billion for such a thing to be sustainable, so I'm doubting it's plausibility. Also, if any one of you guys has some info on that Counter Fire project please share, Tq.
Please remember one thing - if a certain token is easy to generate and doesn't require any investment or skillsets, those tokens will never have a real-world value ever.
If you look at those tokens that can be mined through your mobile phone, you will see that those tokens never appreciate in value. The reason is very simple. It doesn't require an investment or skills to generate those coins. So instead of buying, everyone will generate it and then when it comes to the market, you will find a buyer.
The same mindset applies to the game tokens. Unless those tokens are extremely rare, those will never have value. Because then everyone will generate it from the game and try to sell it through an online marketplace where you will only see sellers available but no buyer.
Sounds logical
Or there should be that much funds to have these tokens going, but it's not gud for the long-term perspective. 
August 30, 2024, 12:51:25 AM
Anyway, I'd like you guys thoughts on this matter? Will it be possible to fully realize such a dream or will it just be another child's dream, I mean such a game will need a massive player base of over a billion for such a thing to be sustainable, so I'm doubting it's plausibility. Also, if any one of you guys has some info on that Counter Fire project please share, Tq.
Please remember one thing - if a certain token is easy to generate and doesn't require any investment or skillsets, those tokens will never have a real-world value ever.
If you look at those tokens that can be mined through your mobile phone, you will see that those tokens never appreciate in value. The reason is very simple. It doesn't require an investment or skills to generate those coins. So instead of buying, everyone will generate it and then when it comes to the market, you will find a buyer.
The same mindset applies to the game tokens. Unless those tokens are extremely rare, those will never have value. Because then everyone will generate it from the game and try to sell it through an online marketplace where you will only see sellers available but no buyer.
August 29, 2024, 07:26:59 PM
I always thought gaming was one of the best use cases for cryptocurrency honestly. It eliminates the credit card fees and allows for micro transactions and not be cost prohibited. I think one day these creators will catch on enough and crypto will be mainstream enough for both worlds to collide. Can't see why that wouldn't be in the near future for gaming.
the corporations or any large company that produced big budget games gonna hate it though, the fact that integration with cryptocurrency could also mean they might lose their leverage of creating profit through micro transactions since people could just resell their item is such a let down for these big companies.so many of them already canceled development of the integration, I think they figured out how much implementing this thing could hurt their profit so they put the integration aside.but I heard in EU there are upcoming regulation about reselling digital game I think this may pick interest in integrating it altogether with non fungible token as an identifier somehow.
August 29, 2024, 06:43:01 PM
I always thought gaming was one of the best use cases for cryptocurrency honestly. It eliminates the credit card fees and allows for micro transactions and not be cost prohibited. I think one day these creators will catch on enough and crypto will be mainstream enough for both worlds to collide. Can't see why that wouldn't be in the near future for gaming.
Actually playing games using crypto currency, I think it's something that needs to be tried, and maybe in the future something that has never happened before will be realized, and it can attract people to play because they are interested in something new.
It will, it's just going to take time. Like someone said got to make sure it's bot proof somehow but in terms of apps built the developers have to have easy integration tools amd its overall popularity (crypto) still has a way to go. In the US tax laws make it dicey and I'm sure it's different in each country. We are close though and I'm waiting for it because that will help with organic interest in crypto.
August 29, 2024, 05:31:41 PM
I always thought gaming was one of the best use cases for cryptocurrency honestly. It eliminates the credit card fees and allows for micro transactions and not be cost prohibited. I think one day these creators will catch on enough and crypto will be mainstream enough for both worlds to collide. Can't see why that wouldn't be in the near future for gaming.
Actually playing games using crypto currency, I think it's something that needs to be tried, and maybe in the future something that has never happened before will be realized, and it can attract people to play because they are interested in something new.
August 29, 2024, 03:46:16 PM
I always thought gaming was one of the best use cases for cryptocurrency honestly. It eliminates the credit card fees and allows for micro transactions and not be cost prohibited. I think one day these creators will catch on enough and crypto will be mainstream enough for both worlds to collide. Can't see why that wouldn't be in the near future for gaming.
Since axie I haven't seen any game that's consistent really. Let's hope that changes.. op mentioned counter first. I've been seeing it on twitter tl. I also noticed their token CEC would be on Bitget launchpool. Since it's almost zero risk, I'll leverage that to accumulate the token while I explore the game..
August 29, 2024, 02:07:29 PM
Anyway, I'd like you guys thoughts on this matter? Will it be possible to fully realize such a dream or will it just be another child's dream, I mean such a game will need a massive player base of over a billion for such a thing to be sustainable, so I'm doubting it's plausibility. Also, if any one of you guys has some info on that Counter Fire project please share, Tq.
I can't really understand your point in this post, what do you mean by games that can make money like P2E projects?
If that's your point, then the answer is possible, before Counter Fire, there were a lot of P2E projects, the best known in the industry is Axie Infinity, I think you're one of the late guys who suddenly came and questioned the old hype. A little review about Counter Fire, this is a MOBA game, I'm not sure they can dominate the market, because they have big competitors like MLBB, LOL & HOK.
August 29, 2024, 04:54:58 AM
There were so many NFT games released that has used their ERC20 token as their in game currency, most of them fails however, mainly because they are too focused on the financial aspect they forgot that people play game because it's fun and most of these games are so boring.
This, this is so true, unfortunately ;( Many games just don't have a gist for them going, you don't have fun while running and doing stuff in them. It shouldn't be that way.
August 29, 2024, 01:17:32 AM
I always thought gaming was one of the best use cases for cryptocurrency honestly. It eliminates the credit card fees and allows for micro transactions and not be cost prohibited. I think one day these creators will catch on enough and crypto will be mainstream enough for both worlds to collide. Can't see why that wouldn't be in the near future for gaming.
If the problems that bother usual games are dealt with, and there is good gameplay in place ( at least a good one, not innovative and good one
), then maybe. Otherwise - don't believe it happening legendary
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August 28, 2024, 07:31:27 PM
There were so many NFT games released that has used their ERC20 token as their in game currency, most of them fails however, mainly because they are too focused on the financial aspect they forgot that people play game because it's fun and most of these games are so boring.
currently there are many ongoing game fi project as well if you care to look what comes to my mind is Illuvium and nyan heroes. but i don't really get excited from their games.
I'm more interested if AAA game such as GTA or any other that already have big user base to incorporate blockchain somehow and making in game transaction using cryptocurrency possible but such news are nowhere to be found.
maybe we're too early for this use case, because NFT still got that bad stigma of pump and dump and this stigma also influence the use of crypto inside game.
currently there are many ongoing game fi project as well if you care to look what comes to my mind is Illuvium and nyan heroes. but i don't really get excited from their games.
I'm more interested if AAA game such as GTA or any other that already have big user base to incorporate blockchain somehow and making in game transaction using cryptocurrency possible but such news are nowhere to be found.
maybe we're too early for this use case, because NFT still got that bad stigma of pump and dump and this stigma also influence the use of crypto inside game.
August 28, 2024, 06:49:18 PM
I always thought gaming was one of the best use cases for cryptocurrency honestly. It eliminates the credit card fees and allows for micro transactions and not be cost prohibited. I think one day these creators will catch on enough and crypto will be mainstream enough for both worlds to collide. Can't see why that wouldn't be in the near future for gaming.
August 28, 2024, 06:43:26 PM
IMHO, with or without cryptocurrencies, games depending on its game type will still able to make some players make money from in game things/items and purchases. I've seen some games that don't allow ingame items into real world money, I wonder why they are not allowing that or they just want to protect their game's economy. But when there is real money that's being involved to a game, it becomes pay-to-play and many won't enjoy it anymore.
At some point, many are going to enjoy that if the motivation of the game is to make some money. But then, the game-economy will be hardly sustained if the game rotates all about the money and people won't be enjoying it anymore. I'd choose the balance type of games where people can enjoy even if they have no money but it's so hard to find games like this today. And from the looks of it, many of these games are going to die eventually. Unless, there's a big backer that backs it will huge funds.
At some point, many are going to enjoy that if the motivation of the game is to make some money. But then, the game-economy will be hardly sustained if the game rotates all about the money and people won't be enjoying it anymore. I'd choose the balance type of games where people can enjoy even if they have no money but it's so hard to find games like this today. And from the looks of it, many of these games are going to die eventually. Unless, there's a big backer that backs it will huge funds.
August 28, 2024, 04:58:58 PM
~
If the games were somehow able to solve the bots problem then maybe. I mean an example would be Albion Online. I always thought it had a really great player driven economy but the existence of bots is driving (or has already) it worse and worse as it gets older. But then there are also other problems like the management of the economy, price trading, and stuff like that which most devs so far have been pretty bad at managing lol. They also suck at managing sudden influx of players which can drastically affect the market, so it just drops. This makes people who play the game to earn just straight up leave and, well, that further pushes the economy down.
And in general, most crypto gameplay suck lol.
August 28, 2024, 02:46:01 PM
As someone who has liked anime and gaming since I was young, I've always liked the concept of being able to trade in game currency for real currency and vice versa, mainly because of a couple of anime I watched that such a thing is possible and it will also mean that people can actually really earn money from games and being a full time gamer was an aspiration I had in the past lol.
Still the whole point of the post is that with crypto currency such a dream is not so futile anymore, I'm not sure if any project has fully integrated such but I've seen some close to that like Counter Fire with their ingame token supposedly a cryptocurrency but I don't know to what extent it reaches.
Anyway, I'd like you guys thoughts on this matter? Will it be possible to fully realize such a dream or will it just be another child's dream, I mean such a game will need a massive player base of over a billion for such a thing to be sustainable, so I'm doubting it's plausibility. Also, if any one of you guys has some info on that Counter Fire project please share, Tq.
Still the whole point of the post is that with crypto currency such a dream is not so futile anymore, I'm not sure if any project has fully integrated such but I've seen some close to that like Counter Fire with their ingame token supposedly a cryptocurrency but I don't know to what extent it reaches.
Anyway, I'd like you guys thoughts on this matter? Will it be possible to fully realize such a dream or will it just be another child's dream, I mean such a game will need a massive player base of over a billion for such a thing to be sustainable, so I'm doubting it's plausibility. Also, if any one of you guys has some info on that Counter Fire project please share, Tq.
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