Looks like most of NFT/METAVERSE related cryptocurrencies these days are pumping, even shitcoin or useless, lol.
What currently I am afraid of these days is the bubbler on NFT/METAVERSE, since there are still some of the cryptocurrencies that are already public-traded but still, no project or use cases or product at all that users will be able to use or any utility of their token.
With decentralized exchanges, any team can add liquidity pool and open trading for their tokens. So things now are different than when we did not have DEX. Exchange listing on CEX in the past is kind of thing to consider that project spends money to list their coins and can be considered as a plus for non scam. It is not true. They listed their coins and made scam exit. With DEX, it is easier.What currently I am afraid of these days is the bubbler on NFT/METAVERSE, since there are still some of the cryptocurrencies that are already public-traded but still, no project or use cases or product at all that users will be able to use or any utility of their token.
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But yeah most of them are in the plan or in their roadmap, that's why I am careful now investing in these NFT/METAVERSE-related projects. Staratlas is only familiar among the list for me as I was able to join before on their poster sale which included some in-game items and I have already some shipped there. I am just worried because they are still no product or their game is still not avaialble at all up to this date.
Main issues of NFT/Metaverse is they are not developing in the Metaverse phase. Metaverse is something in their roadmap only. For now, they are just NFT games. Next issue is their tokenomic are unsustainable and if they can not adjust or resolve their tokenomic issues, their reward pools will be drained out before the Metaverse phase.Additionally, to play Metaverse games, the requirement for gamers is expensive maybe and I don't know how many Play-to-Earn gamers will become Metaverse gamers
