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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: bounceback on September 07, 2022, 10:46:39 AM



Title: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: bounceback on September 07, 2022, 10:46:39 AM
Image source: newsbtc.com

In the past most people played games just to get rid of boredom or just to fill spare time when there was no important activity to do but after Cryptocurrency was adopted by the gaming industry then now it seems to have changed people's views of the gaming industry because now playing games is no longer just eliminating boredom because we can also earn while playing, last year Play to Earn experienced high hype which shows that many people are interested in following this type of game, but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: ryzaadit on September 07, 2022, 01:15:13 PM
Yes, but can "Gaming Industry" adopted to cryptocurrency?

As you know "Steam" are responding to avoided anykind of game who have "NFTs" + a long time ago they remove "BTC" from the payment process. IMO, the gaming industry developed still limited to crypto-currency circle.

We need to targeting non-crypto user, to gain more adoption. But, is not gonna easy because most regular gamer are not really want it.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: avikz on September 07, 2022, 02:36:24 PM
I wouldn't say cryptos will be changing the gaming industry, rather what I foresee, crypto will be creating a new breed in gaming. The traditional gaming will remain as is it which is currently being controlled by Steam, EA or various game pass providers. There will be an emergence of web 3 gaming where the cryptos will be extensively used.

Since the market for web 3 gaming is very different than the traditional gaming, it would create a new breed in the market. The kind of dominance steam 9r similar platforms have, would not be easy to eat into.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: fzkto on September 07, 2022, 03:44:16 PM
If popular games will have their own tokens, which will have an inflationary model, rather than the deflationary model that all p2e games have, then maybe cryptocurrency will gain new popularity among gamers. For example, if in CSGO you can buy some items with their own token, or in World of Tanks. Then you can count on success. And the main thing is that the number of tokens will be limited.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: rhomelmabini on September 07, 2022, 04:26:17 PM
Play to Earn experienced high hype which shows that many people are interested in following this type of game, but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?
Change is constant and trend year by year are different. So, it's possible that it will be abandoned or it may not. It may not, in the sense that people are getting used to it. The main thing and what's I like about integrating crypto on gaming was the feature that you own your identity instead of a centralized entity like huge corporations out there.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Yogee on September 07, 2022, 10:59:29 PM
.....last year Play to Earn experienced high hype which shows that many people are interested in following this type of game,
They are interested with the money they can earn from the game and not particularly interested in the game. There's a huge difference there.

Quote
but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?
I don't think so. The industry just needs to be cleaned up so gamers wouldn't have to be victims of rugpull and exit scams.

Some reputable gaming platforms continue to explore NFTs so that's a good sign that the we will continue to experience P2E games.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Novita on September 08, 2022, 01:18:05 AM
Image source: newsbtc.com

In the past most people played games just to get rid of boredom or just to fill spare time when there was no important activity to do but after Cryptocurrency was adopted by the gaming industry then now it seems to have changed people's views of the gaming industry because now playing games is no longer just eliminating boredom because we can also earn while playing, last year Play to Earn experienced high hype which shows that many people are interested in following this type of game, but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?

I think as a bounty hunter, yes they will leave Play to Earn because they will feel bored with this type of game. But not for gamers, because most of the regular gamers don't really expect crypto rewards from the games they play.
Although from year to year there have been changes in the IMO payment process, what has been developed by the game industry to play the game is limited to cryptocurrencies only.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: ethereumhunter on September 08, 2022, 04:28:57 AM
It can happen because what we see today, cryptocurrencies have been adopted by the gaming industry and now people are not only playing games but also trying to make money. This is good for people who enjoy playing games because they not only use their money to buy something from the game but they can also make money from the game. I think the Play to Earn trend can still develop in the future as long as developers can provide something different from the existing ones so that the game can attract more people to play it.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: $anounimus$ on September 08, 2022, 04:41:53 AM

...could it be that they will be abandoned in the future?


Absolutely No, Especially When the market reaches its full potential, Cryptocurrency gaming can have a tremendous impact on this particular industry. There is a lot of growth potential in the future if gaming companies choose to accept Bitcoin payments and reward their players and some of the big names in the industry have publicized the possibility of accepting cryptocurrency as payment.

Yes, With Technology cryptos, gamers can make money without risking their health. All this means that the future of gaming is definitely backed by smart contracts and different game mechanics that will help keep gamers healthy, instead of becoming slaves to their computers without social connections, but at the same time making a lot of money.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: wxa7115 on September 08, 2022, 05:34:09 AM
It can happen because what we see today, cryptocurrencies have been adopted by the gaming industry and now people are not only playing games but also trying to make money. This is good for people who enjoy playing games because they not only use their money to buy something from the game but they can also make money from the game. I think the Play to Earn trend can still develop in the future as long as developers can provide something different from the existing ones so that the game can attract more people to play it.
People have tried to earn money from video games for a very long time, on MMORPG games people have been farming gold and all kind of items to resell them to other players, so this kind of model in which a player spends their time grinding for something in a video game is nothing really new.

So I suppose that play to earn tokens have a place but they will have to check their business model as many games which were released and were relatively popular have collapsed already.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: rugrats on September 08, 2022, 06:01:28 AM
Image source: newsbtc.com

In the past most people played games just to get rid of boredom or just to fill spare time when there was no important activity to do but after Cryptocurrency was adopted by the gaming industry then now it seems to have changed people's views of the gaming industry because now playing games is no longer just eliminating boredom because we can also earn while playing, last year Play to Earn experienced high hype which shows that many people are interested in following this type of game, but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?

I think as a bounty hunter, yes they will leave Play to Earn because they will feel bored with this type of game. But not for gamers, because most of the regular gamers don't really expect crypto rewards from the games they play.
Although from year to year there have been changes in the IMO payment process, what has been developed by the game industry to play the game is limited to cryptocurrencies only.

Play to earn does not provide a real entertainment game, it only focuses on making money. But if they were really serious about building a game that could be both really entertaining and potentially help players make money, people wouldn't leave play to earn. I will believe that play to earn will improve and will return to the market with more quality games, play to earn is really potential.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: ethereumhunter on September 08, 2022, 06:46:14 AM
It can happen because what we see today, cryptocurrencies have been adopted by the gaming industry and now people are not only playing games but also trying to make money. This is good for people who enjoy playing games because they not only use their money to buy something from the game but they can also make money from the game. I think the Play to Earn trend can still develop in the future as long as developers can provide something different from the existing ones so that the game can attract more people to play it.
People have tried to earn money from video games for a very long time, on MMORPG games people have been farming gold and all kind of items to resell them to other players, so this kind of model in which a player spends their time grinding for something in a video game is nothing really new.

So I suppose that play to earn tokens have a place but they will have to check their business model as many games which were released and were relatively popular have collapsed already.
Maybe if the game project doesn't become a trend because there are things that the team doesn't pay attention to, they lose the moment to develop the project further so that it can be better. I saw the Play to Earn game but because it looked like the previous games, people became less interested. Moreover, they were required to buy a lot of items to level up. And if they went the normal way, it would never be easy. Maybe the team needs to think about how they can make it easier to play and make money in other ways to make players more creative in playing and making money.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Jatiluhung on September 08, 2022, 07:25:51 AM
I've played several Play to Earn games. and my purpose of playing it is because to make money. but I think the current type of play to earn game is less interesting. and the concept of the game feels monotonous. so we become bored to play it. different from games like Mobile Legend which are always interesting to play. even many are addicted to the game. so the problem is in the play to earn game development team itself. sometimes they are too focused on the Income system. and they don't really focus on developing the fun of the game itself. So cryptocurrency also won't have much effect if the game developer can't make Game play to earn, which in addition to producing but also having to focus on increasing the fun of the game itself. this is why gamers rarely play the Play to Earn game.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: iv4n on September 08, 2022, 07:44:36 AM
The answer is yes, crypto can change the view of the game industry in the future! We can say it does it already, like most others here I changed my views, and that speaks for itself! It will take time and a lot of development, many games I tried are very simple, and I didn't find some play-to-earn game that will interest me to play a bit longer. In order to get into the gaming industry, crypto will need some better and more interesting games... simply people are ready to spend money to play some better games, and people are earning money playing LoL, DOT-a, CS, and other games... So crypto is young, it's getting into gaming slowly, but we definitely need something big that will make a breakthrough and attract the masses to play it!


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: X-ray on September 08, 2022, 07:50:13 AM
The demand for play to earn was still very high but the only problem is the price of token has been making people feel disappointed with it. The price goes even lower from day to the another day. They can;'t keep earning nothing from spending so many hours just to play the game. The fact that if so many times developers have been trying to did their best to fix it but their fault that makes the token being inflated without any limit.
This makes so many grinders are only thinking to play and then dump to the token for their quick bucks. The economic model can't sustain for long term.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: zasad@ on September 08, 2022, 07:51:08 AM
Yes, but can "Gaming Industry" adopted to cryptocurrency?

As you know "Steam" are responding to avoided anykind of game who have "NFTs" + a long time ago they remove "BTC" from the payment process. IMO, the gaming industry developed still limited to crypto-currency circle.

We need to targeting non-crypto user, to gain more adoption. But, is not gonna easy because most regular gamer are not really want it.
https://www.theverge.com/2021/10/15/22729050/epic-game-store-open-to-blockchain-cryptocurrency-nft-games?
"Epic tells The Verge that it’s “open to games that support cryptocurrency or blockchain-based assets” on its game store, unlike its competitor Valve which has banned games that feature blockchain technology or NFTs from Steam. When we asked about allowing games that featured NFTs, Epic told us there’d be some limitations, but that it’s willing to work with “early developers” in the “new field.”"

Not all companies block games based on cryptocurrency or blockchain.
But the sad moment in games where there is a cryptocurrency is that players come there when there is an opportunity to earn money.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: CryptoYar on September 08, 2022, 08:09:28 AM
Yes. There are two reasons behind this.

I've played axie Infinity and Thetan Arena both of these were very dull games, after playing I realized that these are not play-to-earn. but bore to earn games.

Second, their economic models are not sustainable. They always need new players so that they come and buy tokens/nfts from old players and start playing the game.

But I wonder what happens when a large number of people lose interest in the game and if new players also stop coming, then who'll buy their tokens earned by old players.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: TravelMug on September 08, 2022, 09:01:23 AM
I guess they can be considered just as fad and hype, and so when there is none right now especially that we are in a bear market, it wouldn't attract that much.

And it seems that the market has been saturated as well, every corner, you will hear lots of games being developed to be P2E and it created less to 0 demand right now.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Dave1 on September 08, 2022, 09:06:28 AM
Yes. There are two reasons behind this.

I've played axie Infinity and Thetan Arena both of these were very dull games, after playing I realized that these are not play-to-earn. but bore to earn games.

Second, their economic models are not sustainable. They always need new players so that they come and buy tokens/nfts from old players and start playing the game.

But I wonder what happens when a large number of people lose interest in the game and if new players also stop coming, then who'll buy their tokens earned by old players.

Yes, I agree with the economic model are not sustainable. Maybe it was not designed to be a boring game, but sooner or later players will have to look something that excites them and this games have none. Also, as you mentioned, there might be a time that no new players are going to come in the space, so no one will buy the tokens and the game might die a natural dead because of framework. Axie now is one example of this, it is slowly losing the grip already as players are moving to new games.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Uang_kartal on September 08, 2022, 09:14:33 AM
maybe friends, crypto makes transactions easier and anonymous which is good. I quite enjoy the game you mean. what games have you been playing so far? I hope games that are light to play will give good access, not just fighting games. a typical game with transactions in it. If possible, I would like to know what lay to earn games do you hold for superior?
but if it's from the crypto currency, I've never seen a company on the stretcher directly carry his name as a license. maybe it will happen


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Jackl87 on September 08, 2022, 10:11:43 AM
In the past most people played games just to get rid of boredom or just to fill spare time when there was no important activity to do but after Cryptocurrency was adopted by the gaming industry then now it seems to have changed people's views of the gaming industry because now playing games is no longer just eliminating boredom because we can also earn while playing, last year Play to Earn experienced high hype which shows that many people are interested in following this type of game, but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?

I am a PC gamer for many years now and therefore i am not only following the crypto trends and news but i am also pretty interesting in new and upcoming video games. I have to say that most gamers out there are not in favor of the possibility of NFT's or play2earn structures coming to their favorite games and i can totally understand that. Gamers are playing video games in order to have fun and to relax so if there is now a way to earn money inside a video game it just means that the games will be flooded with bots and people that are just trying to make money out of the game and not playing it for fun.
Also the games would probably be designed around that play2earn structure and not around being fun.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: icalical on September 08, 2022, 12:38:04 PM
If you ever played a World of Warcraft or other MMORPG game that has a rare item and something like that, actually the concept of some people earning from the game they played is not new, and is not invented by crypto. The right question would be could crypto make the play to earn into mainstream, and I doubt it, it will still be a niche, and people would play game just for entertainment, the earning is just a bonus.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: albon on September 08, 2022, 07:17:41 PM
I believe that blockchain games are the future of the gaming industry, as the size of the games market has exceeded billions of dollars as it is increasing day by day, and games are no longer considered just a way to waste time, but now can Players play for profit and earn cryptocurrencies and give players ownership of some assets within the game where they create value for them and can sell them to achieve a potential profit and take advantage of their time. This method has started gaining momentum recently to this day and one of the best games that everyone can earn crypto from it is Decentraland and Sandbox.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: el kaka22 on September 08, 2022, 07:43:03 PM
This is going to be a difficult one because in the end we are talking about gaming industry making money from people spending money so far, that has always been the case. The small games you play on your mobile phone where you buy gems or whatever to continue playing made billions that way, whereas we are talking about games having the responsibility to make you some money during this period which will be quite difficult to handle.

In the long run, it will turn to that eventually, but that change will not be easy and we will have both of them working together side by side, after a while we will definitely end up with a good result but it will not be this year or next year, it will take a few years at least.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: serjent05 on September 08, 2022, 09:15:52 PM
Cryptocurrency had already changed the view of the game industry.  First the NFT, then the play to earn, and now the metaverse.  The game had been evolving with the new trend in technology.  So it shouldn't be a question anymore but rather we should be asking how deep would cryptocurrency drive the game industry in the future.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: BitDane on September 08, 2022, 10:03:07 PM
Yes cryptocurrency can change the view of the game industry.  We can see how NFT and metaverse are integrated on the game and many game developer is adopting this kind of technology.  There are also big company that jump in the bandwagon of NFT and the play to earn concept.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: antsam on September 09, 2022, 01:53:30 AM
Everything has its era, but for Game Play to Earn I don't think it's dead, just because the market is unstable which makes it seem like it's silent. I am optimistic that in the future it will grow, especially if it is combined with the metaverse


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: radjie on September 09, 2022, 04:28:35 AM

In the past most people played games just to get rid of boredom or just to fill spare time when there was no important activity to do but after Cryptocurrency was adopted by the gaming industry then now it seems to have changed people's views of the gaming industry because now playing games is no longer just eliminating boredom because we can also earn while playing, last year Play to Earn experienced high hype which shows that many people are interested in following this type of game, but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?

playing games and earning is already very familiar among today's society, they don't want to spend their time just playing games without earning, therefore many gaming industries currently provide games that can generate profits for both of course combined with modern technology by applying crypto as  other alternative options


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: bonyaserg on September 09, 2022, 06:27:59 AM
Personally, I think that in the future it will be possible to play and still earn money. Since the crypto industry has provided people with great opportunities for development. With the advent of cryptocurrencies, many have changed jobs and are now fully and completely working in this field and benefiting people, knowing that the crypto industry is a big industry. which has long been ingrained in our lives.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Coin_trader on September 09, 2022, 06:39:49 AM
but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?

Play2Earn concept is proven not profitable in the long run for both players and developers since there's no sustainability for this kind of gaming reward concept in the long run because players will be more focused on earning rather than spending and enjoying that will kill the essence of gaming industry. Until now there's no decent game being introduced in crypto unlike games that can be played on Xbox and PlayStation since game developer is not interested to venture on long term project with limited source of fund.

I'm not expecting that big time game developers will shift into crypto while they are earning huge amount of money by doing there usual routine that doesn't involve in crypto. I think P2E game is just a hype and nothing more long term will be expected since the success of this game depends on the consistent buying of the tokens in the market by players to be spend in the game. The main problem will arise if no one want to spend anymore.



Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Alert31 on September 09, 2022, 05:22:55 PM
As long as cryptocurrency lives, play to earn game will continue but the demand will not increase because people who played for crypto are definitely dissappointed with the amount they receive from the game. Like for example bling games that can pay a small amount of satoshi or ethereum. I had a friend who was trying hard to play that game and after a few months he only got less than $20 worth of crypto. Well, playing those games is also enjoyable and pastime.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Eridan_world on September 09, 2022, 05:37:14 PM
I think that the hype around crypto games will subside over time, as it will become commonplace for most. And in general, I am sure that the world of crypto games will change and will have other mechanics. Now we are only at the stage of early development of the industry.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Imran232 on September 09, 2022, 05:45:53 PM
<.,.......................>





The gaming industry and the crypto industry can both be game changers for each other. Look, we know how rapidly the gaming industry has grown in the last few years and how rapidly it is growing. And not only me, but also the gaming industry faces the same problem with their digital asset selling problem. As we all know, the assets are in the game and people or players are purchasing them, but most of the time the bank causes problems with payment sending or receiving by claiming some unusual activity. That is the problem both PayPal and the gaming industry face in the banking sector, but if they approve crypto, they don't have to face any kind of payment issue. And they can do any amount and any number of transactions in a day. This is the benefit, and I think what attracts the most to the gaming industry, so we can say that both the gaming industry and crypto can revolutionize their lives together. This is my overall opinion. Thank you.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Bobrox on September 09, 2022, 06:22:34 PM
Before cryptocurrency adopting with games as industry and business in the future have early claimed with games as real business because they can earn money by push their activity level on every games beside still have another chance with sell several items have expensive values.  Right now when publishing with several earn to play and many kinds games of cryptocurrency launching every day, I think all minds about games waste our time totally wrong because many gamer earn much money every day with their hobbies by playing games. I think cryptocurrency helped many gamer how their hobbies can earn money depending skill when playing games, but never greedy many kinds of earn to play games of cryptocurrency always have chance as hype and become scam later.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: bitcampaign on September 09, 2022, 06:56:07 PM
every year there is always a trend and we don't know that trend will continue in the next year or not, depending on what is developed whether it is worth maintaining or not, just like last year's NFT was very popular with many users, but unfortunately this year's sales of NFT is decreasing even the trading volume is not like before, worried that it will also dim in the future


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: justdimin on September 09, 2022, 09:45:22 PM
Play2Earn concept is proven not profitable in the long run for both players and developers since there's no sustainability for this kind of gaming reward concept in the long run because players will be more focused on earning rather than spending and enjoying that will kill the essence of gaming industry. Until now there's no decent game being introduced in crypto unlike games that can be played on Xbox and PlayStation since game developer is not interested to venture on long term project with limited source of fund.

I'm not expecting that big time game developers will shift into crypto while they are earning huge amount of money by doing there usual routine that doesn't involve in crypto. I think P2E game is just a hype and nothing more long term will be expected since the success of this game depends on the consistent buying of the tokens in the market by players to be spend in the game. The main problem will arise if no one want to spend anymore.
How could it be? The hype needs to be bigger than the supply and that rarely ever happens. Like for example with Axie Infinity, it went on for months and people made money with it, but the more you breed the more axies you would have and that means eventually it reached to a point where there weren't enough people, and they all had to make a lot less in order to continue, you couldn't pay people the same amount when it is just 10k people playing vs when there are 1 million players, in that case there would be too much SLP on the market and that would drop the value.

Yes, breeding is good but people will want to breed to a point, the more players there are, the breeding didn't increase accordingly.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: ChiNgadOr on September 09, 2022, 10:50:03 PM

In the past most people played games just to get rid of boredom or just to fill spare time when there was no important activity to do but after Cryptocurrency was adopted by the gaming industry then now it seems to have changed people's views of the gaming industry because now playing games is no longer just eliminating boredom because we can also earn while playing, last year Play to Earn experienced high hype which shows that many people are interested in following this type of game, but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?
Play-earn-game is still gaining huge adoption till now and I am bit that surprised because the adoption of Bitcoin and other cryptocurrencies is making the game industry looks more interesting allowing gamers to earn more tokens which can be converted to money along side playing there favorite p2e games.
 This one of the things that intrigue gamers to become more interested in playing games since they can earn from spending time playing what they know best. With time cryptocurrency is going to sharpen our world to something of more interest.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Hypnosis00 on September 09, 2022, 11:29:28 PM
I haven't expected it of having a huge impact and influence on the gaming industry but this hype and these Play-to-earn games promoted, it was uncertain to keep it long and adopted by all gaming sites. Just look, this kind of trick has already been declining as the market went bear as well. It looks like the hyped is over and those people/gamers who take this opportunity are leaving as well. It was just to say that the surge never take so long and it getting back to normal situation.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: xSkylarx on September 10, 2022, 03:09:53 AM
last year Play to Earn experienced high hype which shows that many people are interested in following this type of game, but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?

I don't think it will be abandoned in the future. Many big gaming companies now starts to integrate web3 technology to their upcoming games. It also attracts more potential players if they found out that the game is crypto related and earn some cash by playing it. Real gamers also appreciate some returns while playing the game they enjoy even if it's not the same amount if they are whaling in that game.

The real challenge to those big game companies is how to properly balance the game economy when they adapt to blockchain technology. We know that there are some that will only play for financial reasons. If the game economy is not balance, it would also drag those real players to eventually stop playing because the developers didn't planned properly how to counter those extractors.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: lvsca on September 10, 2022, 04:07:14 AM
the weakness of play to earn is that when they are in for a long time, the game will also start to get boring, income will also decrease with the number of players playing and the price of coins used as a reward only. This leaves people who developed the play to earn concept confused about how to solve the problem.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: libert19 on September 10, 2022, 04:19:39 AM
Dunno about p2e but nfts being used in gaming industry appears to give gaming items and their ownership new direction. Curious to see where this leads.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Kemarit on September 10, 2022, 04:35:48 AM
the weakness of play to earn is that when they are in for a long time, the game will also start to get boring, income will also decrease with the number of players playing and the price of coins used as a reward only. This leaves people who developed the play to earn concept confused about how to solve the problem.

And it's started to wane for some players, and then another new game comes in, and repeat the cycle, becoming the new hype and later gamers lost their interest, so it's going to be cyclical in this bear market. Until there will new one that is being offered, completely unique just like what Axie did in the gaming industry. But in a sense, it has changes a lot in the gaming industries, crypto are getting into their picture and for sure it will continue to influence them and the market.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Bobrox on September 10, 2022, 02:04:26 PM
And it's started to wane for some players, and then another new game comes in, and repeat the cycle, becoming the new hype and later gamers lost their interest, so it's going to be cyclical in this bear market. Until there will new one that is being offered, completely unique just like what Axie did in the gaming industry. But in a sense, it has changes a lot in the gaming industries, crypto are getting into their picture and for sure it will continue to influence them and the market.
Many kinds of play to earn games in cryptocurrency adopted with hype projec like AXIE game have been scam or lower reward values right now after SLP coin price drop drastically. Not worth for long term project with play to earn game in cryptocurrency. I think need changed with new adapting when have play to earn games actually their coins price could be stable, never drop drastically and make many investor have buy NFT card games get loss much. I have played with several games and get loss much after coins price drop drastically not any development for the future how to make coins keep going up.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: taufik123 on September 10, 2022, 02:38:06 PM
And it's started to wane for some players, and then another new game comes in, and repeat the cycle, becoming the new hype and later gamers lost their interest, so it's going to be cyclical in this bear market. Until there will new one that is being offered, completely unique just like what Axie did in the gaming industry. But in a sense, it has changes a lot in the gaming industries, crypto are getting into their picture and for sure it will continue to influence them and the market.
Many kinds of play to earn games in cryptocurrency adopted with hype projec like AXIE game have been scam or lower reward values right now after SLP coin price drop drastically. Not worth for long term project with play to earn game in cryptocurrency. I think need changed with new adapting when have play to earn games actually their coins price could be stable, never drop drastically and make many investor have buy NFT card games get loss much. I have played with several games and get loss much after coins price drop drastically not any development for the future how to make coins keep going up.
And it's not just AXIE games, there are many similar games that are getting dim and not growing. At first, it was very aggressive to give bonuses and their coins continued to rise. But when bitcoin crashes almost all cryptocurrency games suffer the impact.

The game is still running but the value of the coins is getting lower, the price of NFT games is not worth it anymore and game expenses are not in accordance with the results obtained.
Now even play to earn is not hype anymore, there is something newer namely Move To earn, exercise and will get some benefits.

The game industry continues to grow and enter a new era in the cryptocurrency world, but this must also be balanced with good marketing strategies and the management of game products and the income that will be obtained. Don't let it become trash and end up harming.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: vv181 on September 10, 2022, 03:52:20 PM
Will it be abandoned? Yes. Especially if the game design itself doesn't interesting. Do note, as you said yourself that some people play games to get rid of boredom, but the essential part of gaming itself is whether the game is playful or not, if the game is shitty, people will not play it even if they earn some money. On another hand, people who solely seek profit will come into them. Some popular games like CS GO  already have a loyal community, and the game itself is legendary. With that in mind, we know that there is a platform that give the player an earning if they play the game.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Nrcewker on September 10, 2022, 05:20:15 PM
Yes, but can "Gaming Industry" adopted to cryptocurrency?

As you know "Steam" are responding to avoided anykind of game who have "NFTs" + a long time ago they remove "BTC" from the payment process. IMO, the gaming industry developed still limited to crypto-currency circle.

We need to targeting non-crypto user, to gain more adoption. But, is not gonna easy because most regular gamer are not really want it.

Yes steam discontinuing it’s cooperation with BTC was really a big disappointing.
Right now I have hardly heard any games which offer cryptos if you play them.
At first I thought this post was off topic, but after reading OP’s post it seems like he got some good points.
But as suggested we need more users to show interest in cryptos, specifically teens, as they are the ones who play video games a lot.
Nevertheless let’s see if any possible things happen in the future with cryptos and gaming together.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: Warkop on September 11, 2022, 01:50:05 PM
Every year there are so many games that make money and are supported by the development of Cryptocurrency, this is the more advanced development of crypto in the game world, every year this is what many people need, not only old people, even this can embrace young people, so that  earn from games.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: ItsCrafty on September 11, 2022, 02:59:56 PM
Individuals recurrently enjoying by playing online games and as people are feeling happy so instead of this they also have the fortuities to get some amount of savings and i just assume that as the time cuts it will become more unbeatable and individuals will take much attentiveness in these form of crypto projects which offer dual fortuities to its costumers.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: vv181 on September 11, 2022, 07:49:29 PM
Will it be abandoned? Yes. Especially if the game design itself doesn't interesting. Do note, as you said yourself that some people play games to get rid of boredom, but the essential part of gaming itself is whether the game is playful or not, if the game is shitty, people will not play it even if they earn some money. On another hand, people who solely seek profit will come into them. Some popular games like CS GO  already have a loyal community, and the game itself is legendary. With that in mind, we know that there is a platform that give the player an earning if they play the game.
I agree, I once be a part of a game that was available in Steam, a gaming website where paid and free games can be downloaded online. It is a game that is kinda boring and not for all and they pushes to make it available in crypto, only few people got interested in the game most of the people just buy the coin because of the people behind it, now the game development is over it is now abandoned.

To put it simply, if the game sucks, people won't play it and there is no money in them since there isn't any gaming/economic activity.

We can argue that if the situation is backward, people could earn a lot in P2E, okay, but will it sustain if the game is uninteresting, very likely no. Some cryptocurrency-centric community seems to forcefully incorporate gaming with cryptocurrencies, while on the other hand, as of now gaming industry does'nt really need cryptocurrency-related technology.

I am eager to see if I'm wrong maybe in the future some gaming companies wether big or indie, are able to make a perfect combination that intersects gaming and cryptocurrency communities, without any hidden motive. Just simply, the game is good.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: uneng on September 11, 2022, 10:49:54 PM
Play to earn won't existing in the future. The tendency is quite the opposite, as each new day there are more people willing to play video games for several hours of their daily routine. Meanwhile, there are less jobs available as the time goes by, so these people will have to find their incomes at the virtual universe, what includes video-games.

The play to earn concept didn't start with cryptocurrency. It came from much before. Since the 2000's there were people doing real world trading at popular mmorpgs, although not much was talked about this matter back then. Now that everyone knows about play to earn, it's normal they want to earn by playing as well. Unfortunatelly there isn't a fertile environment for this kind of activity yet, because the games which offer this kind of feature don't have enough security and infrastructure mechanisms to proportionate a safe, fair and funny platform for every players.


Title: Re: Can Cryptocurrencies Change the View of the Game Industry in the Future
Post by: wxa7115 on September 15, 2022, 01:09:54 AM
Play to earn won't existing in the future. The tendency is quite the opposite, as each new day there are more people willing to play video games for several hours of their daily routine. Meanwhile, there are less jobs available as the time goes by, so these people will have to find their incomes at the virtual universe, what includes video-games.

The play to earn concept didn't start with cryptocurrency. It came from much before. Since the 2000's there were people doing real world trading at popular mmorpgs, although not much was talked about this matter back then. Now that everyone knows about play to earn, it's normal they want to earn by playing as well. Unfortunatelly there isn't a fertile environment for this kind of activity yet, because the games which offer this kind of feature don't have enough security and infrastructure mechanisms to proportionate a safe, fair and funny platform for every players.
The last points that you touch are what is preventing the play to earn model to become way more popular, the game has to be fun and if it isn't then there is not going to be a lot of people willing to pay for items that you can get in the game.

Also the barrier to entry cannot be that high, in many multiplayer games you can play the game for free and paying money is optional, but in the play to earn model you have to invest a great deal of capital from the get go and many people are not going to be willing to pay that much money before they even try the game.