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Topic: Should I invest in new Gaming projects? (Read 326 times)

legendary
Activity: 2576
Merit: 1043
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March 03, 2022, 06:00:10 AM
#44
There are many other gaming projects that are there for a quite some time already though some of them aren't really playable right now.
Illuvium
Axie Infinity
Pegaxy
Guild of Guardians
Chainmonsters
etc.

I also visited the website and it doesn't that attractive at least for me. There is nothing wrong if you will invest in the project but just put into your mind that you will still be ok if they ended up as a rugpull project. Just be ready with it because there are many NFT games already that ended up as a scam. Do your own research as always and if this project ended up as a good investment for you then good and we are wrong Smiley. Good Luck.
full member
Activity: 1344
Merit: 102
March 03, 2022, 05:56:59 AM
#43
hello everyone i hope you all are doing great I noticed many times the crypto project according to some events always grow like in last few days the project on metaverse is really trending everyone join these projects and everyone makes good profit just because Facebook talks about the metaverse. According to this analysis there is a project named secretworld.network on BSC a gaming project and mostly features are live and i guess due to project nature there is a chance to earn handsome profit so i a thinking to participate in their presale but i am afraid of losing money.so I need suggestions may be you guys know better than me. I also share whitepaper and website link
Website: https://secretworld.network/
Whitepaper: https://secretworld.network/whitepaper.pdf

And so the scammers are joining the trend of metaverse thing. You have to be careful investing these project because many of them are scammy, so do your own research my friend if you don't want to lose your money. Why don't you invest the other NFT game projects that already published the game, those are still good investments than seeking a new one it's so risky.
legendary
Activity: 2492
Merit: 1215
March 03, 2022, 05:56:00 AM
#42
why those project could be risky investment at that moment ,meanwhile as we know gaming and metaverse project still in early stage in cryptospace. as i know more people know interested with the new to get money from crypto by playing P2E gaming which is didnt need huge capital to start. just joining in scholarship we will able to play and earn money, isn't in interested for everyone now?

Because Axie Infinite is no longer a game, but a work. And you have proved that, because you know about scholarship and etc. We all know who or from what region people play work in Axie Infinite. As you have mentioned, money is the reason that motivated people to play. Dont you think someone else dreams to develop a new game and earn more than Axie Infinite developers? As soon as a game appears, that allows to earn 0.01% more than from AI, players would migrate there. Why? Because they will earn more.
legendary
Activity: 2674
Merit: 1226
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March 03, 2022, 05:37:06 AM
#41
For all of those who think about gaming projects with tokens I ask you to consider that games need gamers.

Axie Infinity etc are all full of people looking to make money. These are people playing to earn, hence play to earn montage everyone is crazy about.

Sustainability for games means gamers who play to enjoy.

So if the game you are considering isn't a great game on its own, forget it. Buying 3 NFT animals to play like Axie? That's not a sustainable game.
sr. member
Activity: 1344
Merit: 335
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March 03, 2022, 05:32:29 AM
#40
Top Gaming and Metaverse Cryptocurrencies to Buy in 2022
Axie Infinity. ...

I think this can be a risky investment, as this game is already old and gaming industry always need something new. I can also say that this gaming is loosing popularity. Definitely it is not gaining it. People have understood that this is more job than game. And with such condition, it will be a matter of time until appears a game from people can earn more.
why those project could be risky investment at that moment ,meanwhile as we know gaming and metaverse project still in early stage in cryptospace. as i know more people know interested with the new to get money from crypto by playing P2E gaming which is didnt need huge capital to start. just joining in scholarship we will able to play and earn money, isn't in interested for everyone now?
member
Activity: 368
Merit: 15
March 03, 2022, 05:24:48 AM
#39
The only thing that I care about when researching new projects is the team member, you can easily understand more about the project is the team are visible not anonymous, those using whitepaper and roadmap are on the wrong path these doesn't count anymore.
legendary
Activity: 2492
Merit: 1215
March 03, 2022, 05:20:54 AM
#38
What I see in every crypto game is a financial component. Developers create games to earn, similar to regular gaming industry. But in regular gaming industry gamers play to have fun, to have a rest, while in crypto gaming industry, gamers play only to earn. And because money is the only thing crypto gamers are interested in, as soon as other game appears, that promise more, they will abandon current game. Investing in gaming projects is very risky and short term move.
legendary
Activity: 1540
Merit: 1002
March 03, 2022, 05:04:56 AM
#37
The gaming industry has grown very rapidly in recent years. many esport organizations have sprung up and also large entities are also investing in esports organizations. The gaming industry's marketcap is also quite high, around $174b in 2021 (https://www.mordorintelligence.com/industry-reports/global-gaming-market), and I'm sure it will grow tremendously in the coming year, with lots of new gaming technology available. if it's crypto, try to see what products they offer, look at their timeline and ask how they are executing their plans, including partnerships and more
sr. member
Activity: 2296
Merit: 256
March 03, 2022, 03:59:11 AM
#36
hello everyone i hope you all are doing great I noticed many times the crypto project according to some events always grow like in last few days the project on metaverse is really trending everyone join these projects and everyone makes good profit just because Facebook talks about the metaverse. According to this analysis there is a project named secretworld.network on BSC a gaming project and mostly features are live and i guess due to project nature there is a chance to earn handsome profit so i a thinking to participate in their presale but i am afraid of losing money.so I need suggestions may be you guys know better than me. I also share whitepaper and website link
Website: https://secretworld.network/
Whitepaper: https://secretworld.network/whitepaper.pdf


not to make you doubt, at first this project does look good.
but based on my experience the concept of a token-based game play for earn (not having their own network) they can't last long.
If you want to enter a gaming project, my advice is that you should enter on the basis that the project has its own network,
because it is very doubtful if they are just tokens that ride on the bsc network.
So far, the game play to earn that is really successful and recognized by the public is Axie Infinity, they even last more than a year.
legendary
Activity: 2254
Merit: 1377
Fully Regulated Crypto Casino
March 03, 2022, 02:52:36 AM
#35
Be careful on tbose new gaming p2e out there. So many rug pull has been recorded and only few of them are legit. Make sure that you are investing on high caliber project to avoid losses. I invested on medium game pegaxy and so far its good even though its go down. Still maneagble to get roi from this on few months. But some games especially on bsc is highly not recommendable as Ive experienced only losses there.
sr. member
Activity: 1582
Merit: 279
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March 03, 2022, 02:20:43 AM
#34
If you have corrected well about the game project then it never hurts to participate in it, and the clarity of the project must be seen not only give false hope but they can not carry out the plan well, if you do not want to take risks then investing in a game project like axie infinity is better because the project is worth relying on, Especially now that new projects can not have a big impact on investors.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
March 02, 2022, 06:34:53 PM
#33
hello everyone i hope you all are doing great I noticed many times the crypto project according to some events always grow like in last few days the project on metaverse is really trending everyone join these projects and everyone makes good profit just because Facebook talks about the metaverse. According to this analysis there is a project named secretworld.network on BSC a gaming project and mostly features are live and i guess due to project nature there is a chance to earn handsome profit so i a thinking to participate in their presale but i am afraid of losing money.so I need suggestions may be you guys know better than me. I also share whitepaper and website link
Website: https://secretworld.network/
Whitepaper: https://secretworld.network/whitepaper.pdf

-snip-
According to this analysis there is a project named secretworld.network on BSC a gaming project and mostly features are live and i guess due to project nature there is a chance to earn handsome profit so i a thinking to participate in their presale but i am afraid of losing money.
[/quote]
If you are investing because you think you can earn "handsome profit" from it, then don't. And since you are afraid of losing money, it means you shouldn't be investing anything in crypto currencies or tokens. Invest what only you can afford to lose. You can't afford to lose, that's why you are scared to invest.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
March 02, 2022, 04:00:36 PM
#32
It is all the method of marketing companies. I have been involved with marketing companies before and even started one myself, and in the end I could say that they never really just go out and say "HERE IS OUR PROJECT, IT'S AWESOME", they just pay a few people to write these type of things all around the crypto world.

I literally got paid 200 bucks per month once upon a time (during late 2017 or early 2018) just to write stuff like this. Like "oh how do you guys find gems?" and then under the text just shill some coin. Not proud of it but I needed the money. So I understand OP, he probably got paid as well and did this and that's fine. Nobody should stay away from it because it was a shill, but not invest because of it neither.
hero member
Activity: 2688
Merit: 588
March 02, 2022, 03:19:35 PM
#31
For me, investing in game projects has always been a very risky business. I don’t want to say that game projects are not capable of bringing a good profit, I’m just saying that it’s difficult to find exactly the project for investment that can become popular among gamers and generally be able to release a good and popular game.
But, consider this: how can you make a profit without taking any risks? Although investing is always risky, we can mitigate this by thoroughly researching the projects, vouching them, and determining whether or not they are truly worth it in order to reduce the risk a little bit. When it comes to investing in new gaming projects, you must go first before others in order to make a profit. Most people are aware that this is a trial and error phase in which they must predict whether a game will become popular or not. Just make sure you invest only what you can afford to lose and don't put all of your eggs in one basket at the same time.
Going first or investing as early as possible can be both risky and rewarding. Risky because they can turn into a scam immediately but if they are legit and they got boom, your going to earn huge. There are games that got boom and then later on they became weaker, that is why determining things like you said is important.

If we think they can collapse soon, we should not wait any longer, let us not be greedy for earning more. It seems that the guy above you is looking for a perfect investment but there is no such thing as that because there are new projects that are coming out regularly and they can be better than the previous one.
sr. member
Activity: 1610
Merit: 264
March 02, 2022, 02:02:20 PM
#30
A bit of an epilepsy warning before even bother clicking that site. There's quite a slight flashing in the first part of the webpage. The rest is just kind of...okay.

If you would ask me if I would invest this project, it's a no. From the rugpulls happening in some NFT games these days, I wouldn't touch any game-related project in crypto these days.
hero member
Activity: 2366
Merit: 594
March 02, 2022, 01:32:55 PM
#29
For me, investing in game projects has always been a very risky business. I don’t want to say that game projects are not capable of bringing a good profit, I’m just saying that it’s difficult to find exactly the project for investment that can become popular among gamers and generally be able to release a good and popular game.

But, consider this: how can you make a profit without taking any risks? Although investing is always risky, we can mitigate this by thoroughly researching the projects, vouching them, and determining whether or not they are truly worth it in order to reduce the risk a little bit. When it comes to investing in new gaming projects, you must go first before others in order to make a profit. Most people are aware that this is a trial and error phase in which they must predict whether a game will become popular or not. Just make sure you invest only what you can afford to lose and don't put all of your eggs in one basket at the same time.
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
March 02, 2022, 01:23:49 PM
#28
hello everyone i hope you all are doing great I noticed many times the crypto project according to some events always grow like in last few days the project on metaverse is really trending everyone join these projects and everyone makes good profit just because Facebook talks about the metaverse. According to this analysis there is a project named secretworld.network on BSC a gaming project and mostly features are live and i guess due to project nature there is a chance to earn handsome profit so i a thinking to participate in their presale but i am afraid of losing money.so I need suggestions may be you guys know better than me. I also share whitepaper and website link
Website: https://secretworld.network/
Whitepaper: https://secretworld.network/whitepaper.pdf

I don’t want to believe "Play to Earn" type metaverse project to investment, those are huge risky even i have experienced with a few projects where i invested money but i didn’t see any profit even i left with big loses. I checked your mentioned secrectworld project, here i don’t see any new things. I think old project will be safe if you want to invest as like Axie Infinity,Sandbox these are top projects on the market.  
legendary
Activity: 2100
Merit: 1340
March 02, 2022, 12:49:09 PM
#27
For me, investing in game projects has always been a very risky business. I don’t want to say that game projects are not capable of bringing a good profit, I’m just saying that it’s difficult to find exactly the project for investment that can become popular among gamers and generally be able to release a good and popular game.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
March 02, 2022, 12:35:38 PM
#26
So many gaming projects have been going to the deep and this must be an alarm for you if investing in the crypto gaming project may not be profitable anymore if you are not picking the right project. I see that you have mentioned a project above but it doesn't look good for me. You can try your luck in another project. That may not worth to invest for now. You have tens blockchain gaming project that available in the market and why should you stick with a new one that you didn't even know how good that project is? that's quite strange to see that.
You can go to the CMC and try to pick the best one from there.
copper member
Activity: 389
Merit: 1
March 02, 2022, 12:28:14 PM
#25
Gaming projects are released in the cryptocurrency space daily and it would be out of place to invest in a project simply because they are gaming projects. It's best to consider those popular gaming projects like sandbox, axie infinity and other popular options. I understand the gaming sector is quite lucrative, but it's best to be a wise investor.
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