Which play to earn and Metaverse project do you think will dominate in future

lobo13hf

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Quote from: Antonas1 on October 25, 2022, 08:55:16 AM

I won't buy any of them. I don't think the tokens from the game platform will last long, because it really depends on user growth while other better games will continue to come up. If a game is no longer popular, the price will drop. So you can't make tokens from the game platform as a long-term investment.

I have been monitoring the mnetaverse tokens but the truth is if the token would be alive if there will always be incentive to the users. Currently sandbox is in the hype caused by it has been offering so many reward to the players on its metaverse but it's not caused by metaverse users wanna play it. That means if incentives will be stopped and these users will not be playing in the metaverse again. It's all about how developers can make revenue and then redistribute it as incentive to the users again.
Im sure developers can't take huge revenue from its service caused by this mechanism is the only key to make the metaverse is still alive. The token can be last long if developers offering incentive regularly to the players.
To be honest the main intention by those players are just for money and it's not caused by they do like with the metaverse itself. That's pretty sad to know about the truth.

Silberman

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Quote from: sana54210 on November 02, 2022, 12:18:31 PM

Quote from: TheGreatPython on November 01, 2022, 01:33:52 AM

I already heard this project before but great for them that there are growing continuously. There might be more to come from them since they are not yet in the mainstream just like axie and apecoin but speaking of these two, they are not really doing well especially the axie but I heard that there are planning to release a brand new game.

This game could easily get an attention knowing that axie is already popular and maybe this is the only one that can save them from falling further. I don't know if what's good about apecoin but what I only know is that they are backed by rich individuals. They can help this project to stay relevant in the game.

The thing about marketing is that when we are in a bull run, you could spend 10k and get lets say 10x return, and when we are in bear run, you could spend 10k and not even get any return. So, when all these new stuff, even when they are great and doing fine, start their hype at bear period, it's really harder and I find it very tough.

I personally find it quite difficult to handle for the time being and I hope that it gets better eventually. That's how we would be able to make some profit because the period we are in doesn't allow that. Metaverse is a good "idea" to invest, but without the bull run there is really nothing that could make us money easily.

Speculators need to learn that just as we have cycles in nature we also have cycles in the markets, would anyone in his right mind try to sow the fields when winter is coming and snow will be falling in a matter of weeks? Because that is what those people are trying to do by investing in new projects when we are in a bear market, this is simply not the correct moment to do something like this, this is the moment to save our money and invest in strong coins and only once the bull market comes speculators can invest in new projects if they want.

Cling18

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Quote from: justdimin on November 04, 2022, 11:14:03 AM

Quote from: Marvell1 on November 03, 2022, 02:20:32 AM

Surviving in a bear market does not mean that the coin will recover and grow in the future. There will be a lot of coins that will survive this bear season but how much will recover, that is the question we need to know if we invest now. For me, apart from bitcoin and ethereum, investing in any project from now on is very risky, the return is not high but the risk is high.

About the metaverse, many say its hype is over but there are also many who believe it is just getting started and could be the next trend. These are all speculations, so it is impossible to say that the projects you mentioned will be profitable, let alone x100 here.

I always add BNB to it, and I do have 10% saved aside for all the rest, but 90% goes to btc,eth,bnb trio for me as well. Because, like you said there will be plenty of coins that will "recover" and not go up as much as the others.

I always give XRP example for this, in 2020 to 2021 bull period XRP went up, just like everything else went up, but while almost all other coins broke over their 2018 high and reached a new all time high, which was nearly x5 more than what their previous ATH was, XRP failed to do that and the ATH still stays as the 2018 one. That means even though XRP went up, it didn't go up as much as other ones. So, these top three ones will go up, and we can be sure of that.

We shouldn't underestimate some potential NFT projects. They might be down now and are having a hard time resisting the struggle of survival during this market season but that doesn't mean that they have totally lost their full potential to recover in the future. NFTs only need time for further development, especially the ones that already had a good starting foundation during the hype. There are still people who are expecting NFTs to recover and one of them is Axie infinity. Let's see how these projects would grow again when the market recovers.

justdimin

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Quote from: Marvell1 on November 03, 2022, 02:20:32 AM

Surviving in a bear market does not mean that the coin will recover and grow in the future. There will be a lot of coins that will survive this bear season but how much will recover, that is the question we need to know if we invest now. For me, apart from bitcoin and ethereum, investing in any project from now on is very risky, the return is not high but the risk is high.

About the metaverse, many say its hype is over but there are also many who believe it is just getting started and could be the next trend. These are all speculations, so it is impossible to say that the projects you mentioned will be profitable, let alone x100 here.

I always add BNB to it, and I do have 10% saved aside for all the rest, but 90% goes to btc,eth,bnb trio for me as well. Because, like you said there will be plenty of coins that will "recover" and not go up as much as the others.

I always give XRP example for this, in 2020 to 2021 bull period XRP went up, just like everything else went up, but while almost all other coins broke over their 2018 high and reached a new all time high, which was nearly x5 more than what their previous ATH was, XRP failed to do that and the ATH still stays as the 2018 one. That means even though XRP went up, it didn't go up as much as other ones. So, these top three ones will go up, and we can be sure of that.

Marvell1

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Quote from: ?? on ??

Quote from: Ayers on October 26, 2022, 05:56:53 PM

Quote from: Crypt0Gore on October 25, 2022, 06:54:51 AM

Between Axie Infinity, Yield Guild Games and Apecoin which one do you think it's worth buying for long term hold? Also if you are ask to name your one to five play to earn with the metaverse project which ones will you pick?

these 3 coins are no longer profitable, i will not choose any of them. my opinion at this point we should focus on bitcoin and the top coins would be better as they are likely to recover after the bear market is over. as for trends like p2e, gamefi, metaverse... it's still unclear what their future will be and it is likely that they will be replaced by new trends in the market. now let's focus on layer 1 and layer 2 projects, they have more potential for growth.

In a bear market you are saying that some coins are no longer profitable, what do you expect? Apecoin has a lot of potential and it will survive this bear market, if you buy now the price won't be the same in a bull market, there are some cool metaverse projects that could 100x in next bull market like.

Iluvium, Star Atlas, Metahero and Everdome.

Surviving in a bear market does not mean that the coin will recover and grow in the future. There will be a lot of coins that will survive this bear season but how much will recover, that is the question we need to know if we invest now. For me, apart from bitcoin and ethereum, investing in any project from now on is very risky, the return is not high but the risk is high.

About the metaverse, many say its hype is over but there are also many who believe it is just getting started and could be the next trend. These are all speculations, so it is impossible to say that the projects you mentioned will be profitable, let alone x100 here.

Jackl87

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Quote from: Crypt0Gore on October 25, 2022, 06:54:51 AM

Between Axie Infinity, Yield Guild Games and Apecoin which one do you think it's worth buying for long term hold? Also if you are ask to name your one to five play to earn with the metaverse project which ones will you pick?

I would guess that Axie Infinity will still be one of the top metaverse and play2earn project in 2 years or so. I just has the big advantage that it is a first mover and that it is also by far the most well known play2earn project out there at the moment. I am not so sure though if Axie infinity really counts as a metaverse project? A metaverse for me is a artificial world where you can dive into with an Virtual Reality headset and where you can do "normal" stuff in a digital world. Victoria VR is a project that does that stuff, or Bloktopia or The Sandbox.
Star Atlas is a play2earn game project that had a lot of hype a few months back but now it is pretty quiet about that game at the moment.

uneng

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The play to earn game which is going to dominate the market in the future is still under development or wasn't even started yet.

All the games we know so far don't have chances to create a solid and sustainable virtual environment able to thrive along the years and proportionate players stable earnings and exciting, addictive gaming experience.

Some interesting games have been launched, but were fastly ruined by bots, toxic players and greedy developers/companies behind the projects, who aren't concerned about players at all, rather their only goal is profit on their pockets at all costs, even if they have to kill the game's economy, competitiveness and gameplay fir that.

Play to earn games have become a risky deal and a waste of time for casual independent players. This sector of crypto market was fastly dominated by wealthy players' mafias who enter together a determined game to dominate and milk the ecosystem until completely draining it.

The profit is restricted to these groups of wealth and power (besides devs), therefore, it is not worthful for most players who just want to play by themselves.

sana54210

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Quote from: TheGreatPython on November 01, 2022, 01:33:52 AM

I already heard this project before but great for them that there are growing continuously. There might be more to come from them since they are not yet in the mainstream just like axie and apecoin but speaking of these two, they are not really doing well especially the axie but I heard that there are planning to release a brand new game.

This game could easily get an attention knowing that axie is already popular and maybe this is the only one that can save them from falling further. I don't know if what's good about apecoin but what I only know is that they are backed by rich individuals. They can help this project to stay relevant in the game.

The thing about marketing is that when we are in a bull run, you could spend 10k and get lets say 10x return, and when we are in bear run, you could spend 10k and not even get any return. So, when all these new stuff, even when they are great and doing fine, start their hype at bear period, it's really harder and I find it very tough.

I personally find it quite difficult to handle for the time being and I hope that it gets better eventually. That's how we would be able to make some profit because the period we are in doesn't allow that. Metaverse is a good "idea" to invest, but without the bull run there is really nothing that could make us money easily.

GreatArkansas

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Quote from: Crypt0Gore on October 25, 2022, 06:54:51 AM

Between Axie Infinity, Yield Guild Games and Apecoin which one do you think it's worth buying for long term hold? Also if you are ask to name your one to five play to earn with the metaverse project which ones will you pick?

Play to earn projects that are in Solana. We all know that Solana is one of the best top performers last year and we saw huge TVL in this chain alone I believe this is an alternative layer 1 network for Ethereum and we already saw a lot of projects started on Solana or migrated.
Best play to earn project or metaverse in Solana is Star Atlas.

Silberman

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Quote from: Oilacris on October 29, 2022, 05:57:01 PM

Then when you would decide to make out some investment? When everything is on the rooftop or when the price is already high? We know that buying cheap would be always the sweet spot
or the ideal but on this scenario then it cant really be that too simple on considering on buying when everything do looks almost dying.

This is the toughest or challenging moment where risk taking is something should be taken place.You cant really be able to make out buying decisions directly
just because you do always have that kind of thought that what if the price would plummet even more? These are the main considerations and saying you would be
having on your mind.

The correct strategy depends on what kind of coin we are talking about, when we are taking about the best coins in the market then this is the moment to invest, and this is because we do not want to price of bitcoin to go up too much before we invest in it and then we have to pay more for the same amount of coins, however when it comes to new altcoins this is way more tricky, in my opinion the sweet spot is when bitcoin is already in the middle of a bull run but altcoins have failed to react yet, if you can invest during that time then your risk will be greatly reduced as at most you will only need to hold those coins for a few weeks or moths before you see results.

TheGreatPython

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Quote from: WalkerIVIV on October 29, 2022, 05:12:11 PM

I think vulcan forged surpasses the others quite easily in term of metaverse even right now in the middle of bearish trend it's still going strong even though it has lost its share of valuation but still it's better than the other in term of retaining its current value, even some time it got its rally quite a few times in this bearish trend, even though there are actually many coin that could dominate metaverse, I think this coin is the one that's showing some real promising future.

I already heard this project before but great for them that there are growing continuously. There might be more to come from them since they are not yet in the mainstream just like axie and apecoin but speaking of these two, they are not really doing well especially the axie but I heard that there are planning to release a brand new game.

This game could easily get an attention knowing that axie is already popular and maybe this is the only one that can save them from falling further. I don't know if what's good about apecoin but what I only know is that they are backed by rich individuals. They can help this project to stay relevant in the game.

Oilacris

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Quote from: posi on October 29, 2022, 05:50:16 PM

Quote from: Crypt0Gore on October 25, 2022, 06:54:51 AM

Between Axie Infinity, Yield Guild Games and Apecoin which one do you think it's worth buying for long term hold? Also if you are ask to name your one to five play to earn with the metaverse project which ones will you pick?

The three of them should not invest at this point, we are still in a bear market and cannot tell if the playtoearn trend is back or if the metaverse trend is the next trend. Trends in the market are always changing, from ICO to IDo, IEO… then we have Defi and now P2E, chances are that by the bull season of 2024, we will have a new trend replacing these trends. Instead of investing these coins you should focus on the top projects and of course the risks are still there but they will be less and the resilience of the top coins is still higher.

Then when you would decide to make out some investment? When everything is on the rooftop or when the price is already high? We know that buying cheap would be always the sweet spot
or the ideal but on this scenario then it cant really be that too simple on considering on buying when everything do looks almost dying.

This is the toughest or challenging moment where risk taking is something should be taken place.You cant really be able to make out buying decisions directly
just because you do always have that kind of thought that what if the price would plummet even more? These are the main considerations and saying you would be
having on your mind.

posi

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Quote from: Crypt0Gore on October 25, 2022, 06:54:51 AM

Between Axie Infinity, Yield Guild Games and Apecoin which one do you think it's worth buying for long term hold? Also if you are ask to name your one to five play to earn with the metaverse project which ones will you pick?

The three of them should not invest at this point, we are still in a bear market and cannot tell if the playtoearn trend is back or if the metaverse trend is the next trend. Trends in the market are always changing, from ICO to IDo, IEO… then we have Defi and now P2E, chances are that by the bull season of 2024, we will have a new trend replacing these trends. Instead of investing these coins you should focus on the top projects and of course the risks are still there but they will be less and the resilience of the top coins is still higher.

WalkerIVIV

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I think vulcan forged surpasses the others quite easily in term of metaverse even right now in the middle of bearish trend it's still going strong even though it has lost its share of valuation but still it's better than the other in term of retaining its current value, even some time it got its rally quite a few times in this bearish trend, even though there are actually many coin that could dominate metaverse, I think this coin is the one that's showing some real promising future.

Silberman

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Quote from: babygun on October 26, 2022, 05:40:08 PM

Quote from: Kelvinid on October 25, 2022, 07:42:52 AM

None of them I have to pick on. I consider these hype projects like them are just for short-term investment. If you are looking for long-term projects, those in the top 10 are for sure will stay long-term. Though this is my own opinion, I haven't seen a reason of holding them, in fact, their market value is continuously declining such an indication of the higher risk it would possibly happen in the future. And I was afraid that holding them even just for a year, regrets will come to follow.

I agree 100%. These are all hype projects and not really fit for a long term investment. If you get in very early in a new promising game or project, you can still make a nice profit but after a couple of weeks/months, another game/project will pop up that will be hyped.

And getting into a project too early has its own share of problems, we know that many coins are released each day so if you decide to take the risk and invest in one of those coins when they are just being launched you run the risk of that coin not getting any hype around it or that the developers may disappear with your money at the first opportunity they get, so when we consider all the factors then it becomes clear to me that it is better to stay away from all of those coins at least until the market conditions improve.

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Quote from: Crypt0Gore on October 25, 2022, 06:54:51 AM

Between Axie Infinity, Yield Guild Games and Apecoin which one do you think it's worth buying for long term hold? Also if you are ask to name your one to five play to earn with the metaverse project which ones will you pick?

None of them are worth buying now on Axie just a few years you will have to spend hundreds of dollars just to form a team now for just $6 you can form an Axie team the hype is over on this kind of project, I lose 90% of what I invest on these play to earn projects, like all the others here I was carried away the hype, people are not really going here to play, they just want to make profit from these games the developers have done everything to make the site profitable again but they failed to keep up, people are dumping these play to earn projects now.

harizen

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Quote from: Crypt0Gore on October 25, 2022, 06:54:51 AM

Between Axie Infinity, Yield Guild Games and Apecoin which one do you think it's worth buying for long term hold? Also if you are ask to name your one to five play to earn with the metaverse project which ones will you pick?

"Long-term hold?" I should say none. Most play-to-earn games are driven by hype no matter how good the development is. You should take advantage right away once the P2E games are now in the hype and do your best to make a profit out of it as once their hype was gone, expect a downfall.

Holding these P2E-related coins or tokens is not really worth it if your purpose is purely for profit.

For me, just enjoy those games if you really like the gameplay and not just because of expecting an x10, x20, x50, x100 in the future holding their coins.

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Quote from: Crypt0Gore on October 25, 2022, 06:54:51 AM

Between Axie Infinity, Yield Guild Games and Apecoin which one do you think it's worth buying for long term hold? Also if you are ask to name your one to five play to earn with the metaverse project which ones will you pick?

All of them especially if they are able to execute properly their updates though we've seen a big drop on their value but I think it's all because of the market trend and they can rise again once the market recovers. Though I only play with Axie and stop for now, I think they are still working for the good updates and that update can help them rise again. I'll just hold as long as there's an improvement with the project, they will only die if they stop to update.

Yogee

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Apecoin is like the bluechip among P2E and Metaverse projects so it really depends on your objective. Buy it if you are into something more stable and "reputable". These types of investments won't probably give you high returns now but you'll likely have peace of mind. Look for something else if you are more daring. Those high risk and high return investments that you can get from new or upcoming tokens.

Ayers

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Quote from: Crypt0Gore on October 25, 2022, 06:54:51 AM

Between Axie Infinity, Yield Guild Games and Apecoin which one do you think it's worth buying for long term hold? Also if you are ask to name your one to five play to earn with the metaverse project which ones will you pick?

these 3 coins are no longer profitable, i will not choose any of them. my opinion at this point we should focus on bitcoin and the top coins would be better as they are likely to recover after the bear market is over. as for trends like p2e, gamefi, metaverse... it's still unclear what their future will be and it is likely that they will be replaced by new trends in the market. now let's focus on layer 1 and layer 2 projects, they have more potential for growth.

Topic: Which play to earn and Metaverse project do you think will dominate in future (Read 321 times)