Where do you see gaming tokens in 5 years from now? - page 3.

Marvell1

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Quote from: Crypt0Gore on May 23, 2022, 07:35:18 AM

I won't expect much, we have seen how axie infinity ends up, it will get to the point where the project won't be profitable anymore, there is one thing that makes all these projects the same thing, and that's early investors are always the winner.

Looking at the current market, it can be seen that there is no profitable project other than axie infinity. This is a project that has been cherished and developed since 2018 and it also had great times that brought hundreds of times more profits for all investors and players before falling into decline like nowadays.

Although axie infinity's sales are now plummeting, to just under $50,000/day compared to millions of dollars as before. Revenue is down but it doesn't mean it's dead, it's still working and let's wait for axie's upgrade.

Crypt0Gore

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I won't expect much, we have seen how axie infinity ends up, it will get to the point where the project won't be profitable anymore, there is one thing that makes all these projects the same thing, and that's early investors are always the winner.

slaman29

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Quote from: Smack That Ace on May 21, 2022, 11:46:39 PM

The P2E trend has shown significant signs of decline but if we look far into the future, it is indeed an area of extreme potential in crypto. The game industry in the world is generating trillions of dollars in revenue every year and if you are a game enthusiast, surely you will never pass up a game that can help us both entertain and make a profit while playing the game. I can say that it can be addictive for later game players.

Everything has potential but I really think P2E is a curse, because it's just the bounty mentality all over again from the ICO days.

The biggest sign or proof of this is that people doing P2E aren't even gamers, instead, most of them came from the bounty hunter era.

The real gaming enthusiasts want to play games, not grind for a few shitcoins here and there.

Wildwest

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It takes time for the development of a project, especially blockchain games are a very big one in building an ecosystem to attract users, then for the next 5 years there will be so many blockchain games that will be used for profit, and axie infinity is a game that is very much enthusiasts for now although there are some things they must improve to maximize user satisfaction.

jostorres

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Quote from: cabron on May 22, 2022, 10:05:52 AM

I'm no gamer and with someone like me who has no idea which game token that will be widely used and played, I'd just rely on the price and how popular the game.

Axie was one the most popular, I think more than $100 but now its just $20. Back in 2021, I thought of buying just to ride the pump whiles its $10 I was skeptical because I thought that its the ATH already but going up to $100 was just the most surprising. Thinking that it may once again going is possible but now once again I'm skeptical for there are also lots of games coming. Will there be one that will replace Axie as the most popular?

Maybe you are not in to gaming in terms of cryptos only but for the games outside or common games that we can find on playstore and appstore I think you have some favourite which you played most of the time. That still counts you as a gamer. By finding a good gaming project, you can apply your interest if what makes you think why this gaming project will get noticed by the many and can become successful in the future.

Sticking on the hype is not always a good idea because like for example, axie was once on hype but look at it now, the game seems dying already and there's no signs that it can recover. Many play-to-earn games now are much better to be honest than axie and they are now gaining momentum.

davincicode666

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Quote from: Joshapat on May 22, 2022, 04:43:30 AM

Gaming token competition is very tight, many gaming tokens do massive promotions but many have failed, and for now I have sold almost all new gaming tokens for losing money, and only save some gaming tokens such as apecoin, sandbox and MANA.

The three game token models that you have saved for now I see are still very good and still worth having for everyone, because further growth will probably be in all three even though at this time it still looks like usual due to uncertain market conditions.

sayaya17

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Quote from: KennyR on May 22, 2022, 05:25:32 PM

Even the experts suggested this year to be the best for gaming tokens for different reasons. During this year we had more things taking place in the virtual space which increases the credibility. At some point this gaming tokens were like a hype, however potential ones were good in the market unlike the trend variation. Even now those are potential ones which could bring long term profit than immediate progress.

Actually gaming tokens have started hype since 2021 when the market was bullish, and some gaming tokens reached ATH prices in 2021.
Like Axie Infinity, which is my favorite gaming token, its performance is truly extraordinary in 2021. But it's a shame that the price of
Axie Infinity decreased by around 87% from the price of ATH, that's because since the beginning of this year the market has continued
to experience a bearish trend. So the prices of all gaming tokens are currently experiencing a drastic drop, as the price of Bitcoin has fallen
below $30k.

But I'm sure that even though gaming tokens have experienced a drastic price drop, it doesn't make gaming tokens lose their interest.
Even the current market capitalization of gaming tokens is still quite high, meaning that gaming tokens still have a promising future.
Even so, we still have to be careful if we want to invest in gaming tokens in the long term. We have to take into account all the risks
that will occur, because usually something viral will sink quickly too. So it is very important to invest in gaming tokens wisely, don't risk all of
our capital to invest in gaming tokens.

KingOfTheBongos87

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Quote from: cryptolukey2000 on March 29, 2022, 11:08:33 AM

Gaming tokens are really interesting and I think a lot of people are sleeping on them. It's still really early and immature for blockchain games and there's a lot of trash on the market right now, although a small percentage like Axie Infinity and The Sandbox for example, have shown how successful they can be. I think a couple of years from now, these blockchain games will start to show the quality of the modern games we see on Steam, Playstation and Xbox. The crypto space opportunities are endless and why wouldn't game developers at Sony, Microsoft or Nintendo want to come and create their own game? For me personally, I'm investing into teams that are constantly building and I recently found an interesting P2E game called NFTshootout. This game is one of the first Football games on the blockchain and has the potential to be a massive success, unlike many P2E games, it's very easy for players to earn their $SHOO token as it doesn't require bags of skill or money.

Crypto games has a market cap of 13 billion. It will be worth trillions. Think about it, crypto doesn't really do anything. Integrated with gaming,where it can be used every time sometime someone plays. It will be on another level.....Just pick solid projects and take profits.... Gaming token will show huge rally in 5 years if something bad not happen.

KennyR

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Even the experts suggested this year to be the best for gaming tokens for different reasons. During this year we had more things taking place in the virtual space which increases the credibility. At some point this gaming tokens were like a hype, however potential ones were good in the market unlike the trend variation. Even now those are potential ones which could bring long term profit than immediate progress.

goaldigger

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Quote from: crzy on May 22, 2022, 03:54:27 PM

Quote from: Cling18 on May 22, 2022, 11:22:38 AM

Gaming tokens could possibly grow in the future but it will take time since they still need more time for development. Honestly, most of them don't succeed and were just carried by the hype. There are still things that they need to improve including the balancing of the economy and continuous development of the game that will benefit the coin as well as the players. They should stand firm even without the hype.

Some of those gaming tokens are already experiencing the big drop and I agree that they should not depend on a hype and start improving their system. If those tokens survive this bear market, I believe they will have a better future. So keep playing P2E project, you might never know when they will pump again but at least you have their tokens.

This is their learning phase, especially with the investors not to go all in on those tokens since they are living with the hype and if its gone already, that is the start of bigger problems for them. Some tokens will be on a good price again in the next 5 years but I don’t think all of them will survive. This bear market will become more long, expect more projects to die because of this. Gaming token should continue to improve, and have a good updates so investors will stay with them.

crzy

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Quote from: Cling18 on May 22, 2022, 11:22:38 AM

Gaming tokens could possibly grow in the future but it will take time since they still need more time for development. Honestly, most of them don't succeed and were just carried by the hype. There are still things that they need to improve including the balancing of the economy and continuous development of the game that will benefit the coin as well as the players. They should stand firm even without the hype.

Some of those gaming tokens are already experiencing the big drop and I agree that they should not depend on a hype and start improving their system. If those tokens survive this bear market, I believe they will have a better future. So keep playing P2E project, you might never know when they will pump again but at least you have their tokens.

sana54210

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Quote from: saladin7000 on May 20, 2022, 12:55:44 PM

Quote from: Ararbermas on May 18, 2022, 11:56:34 PM

For me gaming token is the future for all gamers around the world, so i believe the demand will increase and more NFT games will emerge 5 years from now, wherein, more promising than what we have right now. indeed even these days they are still very common and so popular because of the benefits that gamers can get from it. So it will last for sure compared to other features of NFTs in the blockchain.

yes, I totally agree with that if game tokens will become hidden gems in crypto, where crypto-based games are very much in demand by all people, especially teenagers, moreover the game can generate money, of course, this is highly expected by everyone. , besides being able to please the heart and mind the game can make money, I think besides the NFT metaverse also has a great opportunity to emerge from now on.

I do not think that games would be something that can generate income and get popular but then they will go down and that is the problem. If there is any games that you could make any income, then we would eventually see a ton of people playing it, and a ton of money made from it, and because of that the amount of buyers will not be enough to keep it high for a long time and the price will start to fall eventually and that will be the problem.

So, we need to actually consider the situation to be a bit of a problem as it is right now and not a sustainable thing, that would be the case for any game, it's not based on just one game.

Cling18

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Gaming tokens could possibly grow in the future but it will take time since they still need more time for development. Honestly, most of them don't succeed and were just carried by the hype. There are still things that they need to improve including the balancing of the economy and continuous development of the game that will benefit the coin as well as the players. They should stand firm even without the hype.

cabron

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I'm no gamer and with someone like me who has no idea which game token that will be widely used and played, I'd just rely on the price and how popular the game.

Axie was one the most popular, I think more than $100 but now its just $20. Back in 2021, I thought of buying just to ride the pump whiles its $10 I was skeptical because I thought that its the ATH already but going up to $100 was just the most surprising. Thinking that it may once again going is possible but now once again I'm skeptical for there are also lots of games coming. Will there be one that will replace Axie as the most popular?

uelque

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I think most of us believes that p2e games can be huge in the future. And you are right, I guess most of them right now are being undervalued and do not gain so much attention. But 5 years from now, I see p2e or gaming tokens the new generation of gaming and a lot of people are going to be so invested in it. I actually have investments on some undervalued projects that are building p2e games, and I believe few years from now it's going to be huge. This p2e industry and this blockchain technology is going to be so huge.

ringgo96

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The development of the blockchain network today is indeed very good and not a few who present new games for us to follow and can benefit in the future, as you said axie infinity is a blockchain game that is currently very much a fan but there are new stages that must be done so that the project can develop quickly, and currently some investors there are those who have not tried to use the game.

Joshapat

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Gaming token competition is very tight, many gaming tokens do massive promotions but many have failed, and for now I have sold almost all new gaming tokens for losing money, and only save some gaming tokens such as apecoin, sandbox and MANA.

Ezravdb

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Quote from: lablab03 on May 18, 2022, 10:26:48 PM

For sure it will stay for long time coz many people looking for it especially gamers, which is these days they keep increasing on the space.
So i wouldn't be surprised if however 5 years from now they are still alive and become more reliable as source of income as well since most of them are legit.

Not all gaming tokens can be legit and last up to five years from now because game lovers or gamers also look and choose carefully on all tokens because there are also gaming tokens that die by themselves due to the absence of enthusiasts in the market.

Smack That Ace

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The P2E trend has shown significant signs of decline but if we look far into the future, it is indeed an area of extreme potential in crypto. The game industry in the world is generating trillions of dollars in revenue every year and if you are a game enthusiast, surely you will never pass up a game that can help us both entertain and make a profit while playing the game. I can say that it can be addictive for later game players.

lornadane

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Quote from: ajochems on May 20, 2022, 03:47:50 PM

My full supports go to ada and Matic. This two coin base was good enough, So the investor will hold for the long. Instead of asking,it’s better to keep some money on this two coin.You can easily buy at certain price and sell with 2x profit for sure from it.It’s not a compulsory to hold for 5 years without any selling.

Why are you so sure of these two coins?
Have you ever tried to hold the two coins so that you have already benefited, that's why you recommend these two coins to us.
If indeed we can get a profit even though it's not in the long term I'm also interested in trying to buy the two coins.

Topic: Where do you see gaming tokens in 5 years from now? - page 3. (Read 675 times)