Bitcoin Forum

With DeFi projects struggling to regain trust since LUNA's collapse, and the current bear market I think this was the perfect time for the play to earn gaming sector to explode, or at least to gain traction in the way Axie Infinity did in early 2021. Sadly just there aren't any exciting offerings right now that I can see... Illuvium and Star Atlas, two of the first "AAA" games in the space are still in development, and may be for another year or so. I heard Marvel was getting into the space with their own breed of games soon, but so far ... nothing, same goes for "Swords of Blood", another AAA game that is still in development.
I mean, it looks like 2024 will be a great year for crypto play to earn games when these games get released, but what do we have now, 2022 ?  DeFi Kingdoms ? TownStar ? My Neighbour Alice ? Gods Unchained ? Yes we have those ( unless I'm mistaken ) and they kinddaaa look interesting but to be honest they can't possibly compete for users with the mainstream games currently out there, which will cost you money and won't earn you a penny. Let's face it, some of us older gamers here don't have many spare hours a day , maybe one hour, and if that hour will earn me $20 and looks kind of lame or childish, I rather spend that hour playing something that looks amazing or intricate or fun , even if it costs me money. So it's a long shot for Gaming studios like Gala Games or Vulcan Forged to try to lure new gamers into the space in 2022 -2023 with the current lineup of childish and lame games we have.

I may be optimistic about the game's release in the next years to come but I'm no longer that optimistic about the concept of play to earn. It's just based all on the hype which made the demand higher. They really were interesting back then but if all of these games will be played based on how profitable they are, they'll lose players eventually just like what's happening right now for most of the popular P2E games. IMO, games should be played to have fun because if they're having that P2E mechanics and it's attached to the volatility of the market, many newbies would fall for it again without understanding the economy and the crypto market.

No, I expected it all to crash the way it did. It was a completely unsustainable business model.

Until there's actual technology that makes sense behind it, it will never work in any long-term meaningful sense.

Bad Tokenomy is one of the reason why those games failed aside from being low tier graphic games. As we know, There are so so many low quality games that have been introduced to the market and most of them are brought by hype. Those games surely did acquired amazing marketcap but it didn't last long because of their unsustainable token model. Most of the people who entered to those games are just aiming for the profits and not because of the game. There are so many boring games that have acquired the spotlight like MyDefiPets, CryptoBlades and other that flop. I don't include axie infinity because I think they are successful in the market despite of the hate and the token value they have right now, They are still doing progress and it is the important thing to have in this early gameFi stage.

It's just a testament that there are more investors in the gaming industry right now than actual gamers.

There are only a few willing to spend time build their accounts while not gaining much in return.

It's a waiting game for the majority of crypto investors. They understand market volatility and you'll probably see them re-enter P2E games again once the world market recovers.

We just see a huge market crash in the crypto gaming industry this time as the market has been in bear condition but maybe we can still see them growing back a few years from now when the market rallies again. In fact, it was a booming sector last year and many people come to this P2E platform which it makes interesting but it slowed down after Bullrun. I'd still consider them in a parabolic situation, not a total disappearance of this sector.

Whether it would make out some recovery or would be totally close out since each trend or whats new does have its end point but since this market does suffer external economic problems then there might be still some chance that it would really be going into the opposite side and would be getting much attention once again if ever these problems would be over but we shouldnt anticipate for it to
happen so that we wouldnt really get frustrated if ever it would really be on its end.Back into last 2 years where play to earn did really get soo much interest or when that DeFi
make out some significant noise but we know that not all would really last forever.

After all that happened, you should already know the risk of putting money in any Crypto P2E based-games.

Hype doesn't last for long that's why you need to take advantage of it while it was currently trending.

As a gamer myself, I don't feel any letting down since after all, I enjoy what I'm doing without expecting any big return. If I'm putting money on several games before and even today in non-P2E games, then as long as I loved playing that supposed P2E games, it doesn't matter to me if I don't get a profit with it.

Obviously, you shouldn't play several games at the same time if you don't know what you are doing and your only purpose is to just earn money. That's a waste of time and money thinking it will bring big profits for you in the future.

Play-to-earn recently for me seems like hype but most of that kind of projects on crypto are normal even before, ICO fever last bull run 2017-2018, NFT and Defi are also suffered from the extreme drop and it's normal because the market also devastated and no one is excused.
The good thing here is the innovation, projects on play-to-earn are still here, company or teams are still learning and developing every day and that's very good for the play-to-earn community.

you cant compare the play to earn right now with the game developer out there that make many from selling games

to me play to earn it still infant and most play to earn cost a lot of money even the game is free we still need to pay nft or land that very high cost
this is what i agree on

---

if you don't want to lose money you can wait so we can see which play to earn games that worth our money and worth playing

I'd be optimistic about P2E games also if the teams are developing in a platform where transaction costs are lower for like cents since most gamers that might be interested are kids. If the prices get higher every time, these kids will find it too expensive. They will have to wait for another bear in order to buy and participate like in the Axie today. The hype died after this crash and gamers realized there is no happy end to every cycle unless they also know how to trade in the market.

Play to earn trend is not working well. Many best gaming project failed which is very bad sign for play to earn gaming projects. Axie was good game and many users took interest in this game and after that many new gaming project launched but it's did not give long term profit to users and now many gaming project failed to launch.

The current scenario is also within my expectations, in theory this seemed like an interesting idea, however not only the business model was unsustainable but there was not really that much fun to have with those games, so while those projects were hot the business model could sustain itself, but once the hype was not there anymore and people began to realize that it was impossible for this to continue for the long term that is when we began to see the collapse in the price and the popularity of those projects.

Accept that nearly none of the NFT games that are currently in existence will ever again prioritize the printing of money without its players putting in the time and effort necessary to be a competitive player. You see, especially in Axie Infinity, all the rewards goes to the top players on the leaderboard where there is a huge sum, if not a decent amount of money to get.

This means that the game does not anymore distribute the asset carelessly that would repeat the same mistake back in its early days, because so far that's the only solution to consider for them to survive.

On Hive blockchain there are several p2e games, couple running for last few years as well, however they might come under your lame list as ui/ux might not be the best out there. These games are usually run by few people and are pretty approachable on discord.

I play:

Dcity — https://dcity.io

Dcrops — https://dcrops.com

i was envious that time when Axie was at the top. i wanted to buy a team from someone for close to $2000. few weeks ago he is offering me an Axie team for less than $200. the hype didn't last long. maybe one day if there is another game that is more inclusive that users with just $20 can participate will make p2e games attractive to all using android phones.

I don't like the idea behind crypto play to earn games and yes they are down right now but since this area of utility is still not completed yet it's possible that play to earn games will bring the highest roi in next bull market, I am always in for the money so I don't care if its going to work out on the long term.

To not repeat myself, I have posted some thought about P2E:



And yep, I missed an long known thing, which is price. People do gladly pay for the game if it is truly interesting. Let's put aside how the regular game pricing/business evolved, but one characteristic that currently major games has is they are not specifically required to integrate cryptocurrency, there is no benefit for them. So, it's either the business model that has roots in cryptocurrency competing with them or make an attempt to innovate cryptocurrencies that product benefit to most gaming companies.

With that in mind, cryptocurrencies do have a truly insignificant part of gaming itself. So this factor should solely be additional and most game developers should prioritize the focus to make or create games that satisfy gaming communities or at least playfully unique.

It worked well but temporarily. It was a good run with Axie but it's not really that maintainable and the same goes with the other NFT games that have been part of the craze.

It's because they're hard to maintain, economically wise, they really can't. Besides, too many scam projects rode the popularity of it and that has pushed a lot of real investors and enthusiasts to stay with it.

I'm not feeling the crypto P2E sector, and I don't even have high hopes for this particular field at all. Too many games already came and go, and only Axie made a dent for a short while. Other P2E games such as Plants vs Undead has already disappeared from existence, with other games slowly following suit. P2E is fun while it lasted, and I think this concept has been proven to work, but not feasible to do so in the long-term unless someone can come up with a game that is actually fun and does not need repetitive grinding and mechanics in order to earn something.

With the current criticism these play to earn gaming industries are getting about their very unattractive game play, I believe that they will strive to make an improvement to that effect. Maybe it is in their strategy to not spend so much on creating an attractive gaming environment because it is a play to earn game, but clearly that strategy is failing and they will need increase their budget on their game play design. An unattractive game play design will not attract enough users, and that can affect their earnings.

 I share your feeling of letdown, indeed the P2E has not reached its full potential. Yet again, there are promising projects that gave me some hope once again… I believe games like Naramunz will pave the way for AAA games and then we shall live the golden ages of P2E.

it is just a trend like other trends in the market, no trend is sustainable or will always be profitable for investors. I find it has done its job very well to help thousands of investors gain great profits, unfortunately some of the following Fomo investors were unable to make a profit. Trends will be temporary and will die after a while, so invest wisely and seize the opportunity at the right time.

I don't feel disappointed by crypto Play to Earn because I don't play games to make money from it. Play to Earn seems like it will still be an exciting game that can attract more players, but to Earn something from the game, maybe players still can't get it.

And with the current situation in the crypto market, I think Play to Earn will still be the same as before and maybe wait for the moment to get the attention of many players so that it can become a new trend. Possibly next year could be a moment for Play to Earn to bounce back, and with the backing of a solid developer, that will make it possible. And all the developers who create Play to Earn projects will always try to give players something different so they can have fun playing it and earn something too.

no project has yet brought the perfect P2E concept. as far as I've tracked, at least P2E projects will last 1 year at most and finally they are starting to be abandoned by the community because the main factor is the small reward from game missions and the price of tokens obtained continues because of the incompatibility of demand and sales.

I guess that's one obvious problem of P2E,

1. Gamers get easily board
2. People need to go on board with the next game

Rinse and repeat, and that's what really hurting the gaming industry. Of course, Axie is the prime mover, so obviously it gain so much traction in the beginning. We go crazy about it, but then when the excitement wane out and then we go on a long bear market. Suddenly the market lost interest and so we feel that we are being let down by the developers.

some NFT games that still have potential may not be much. Many NFT games that initially looked promising are now not developing and stuck in place, because there are no new innovations and developers are not continuing their projects anymore. the NFT market and some PLA to Earn games are experiencing a significant decline, so there is not much interest in users to use them anymore. this is also due to the state of the crypto market which is crashing, so all projects are disrupted.

When it terms of Play to Earn and you have to play the game to actually make something is what makes a huge let down to most of these projects, it's easily become boring when you played it so many times without any progression and it becomes a huge chore to play which is so unfun for so many people.

Also most of the P2E games right now are under-development with some exception but people won't wait that much longer where there are so much stuff better to do.

Most of them died already while some are still having a hard time to rise again, with Axie development I don't think it's enough to bring back the good old days. Many lose their trust already on P2E games, sadly this technology didn't last for years since the hype already ended.

If P2E is able to offer a more consistent platform that can give good profit to the players them we might see them on a good position again, but until they made such growth, P2E will remain just like and ordinary game. Competition though seems to be more effective with a high reward, this might be the next trend for P2E.

NFT?  I think its hyped had already diminished.  And I do not think that the current development of LUNA case will give traction to NFT because lots of NFT made investors lose a lot of money.  Besides a regular investor would stay away from this project because of the Axie infinity market history.  These NFT games maybe become successful but it also made lots of people to go bankrupt.  I feel metaverse will possibly get hyped but I think it won't be a grand hype.

No doubt, playing to earn games is a really great way to explode the gaming industry in the blockchain sector. But obviously, there are some problems that actually can be a road blocker to this. But we already know how well Axie Infinity has grown. However, due to an unfortunate circumstance, they are experiencing major difficulties, and we now know what the axie is. But yeah, one thing that is actually a problem for play-to-ear games is that there are lots of scams and free-to-play games. What is actually trying to ruin the market? And they are also making some cheap and boring games that actually divert the players' minds from blockchain games. But I hope in the near future we will explode very soon. I hope for the best . This is my opinion. Others can be different. Thank you.

All back to the hype of crypto itself. Not all DeFi is represented by a LUNA crash right? there are still many DeFi projects that survive and remain in the crypto circle that is trusted by investors and traders. P2E games are busy among gamers, but they are too interesting for those who prefer to invest directly in their crypto and not participate in the game.

I hope you learned a lesson by there and that is to not expect too much on one thing as it might only disappoint you later on but I think this can also be applied on the project owners. Maybe they got over confident because they see that their project are doing well and they didn't improve it anymore except only to those who have plans to do a rug pull later on. They don't need to try harder because they will still abandoned it later on.

I don't know if the bear has a connection with the fall of play to earn nft's but let's see if we can see a huge boost on the remaining projects as soon as this crypto market recovers. For now, let us only invest wisely.

Well, it was to say that P2E games is very interesting last year, and the promotion to this platform is so aggressive but as the hype has been done, only real gamers will think that they can still make money from it. And besides, it was not just all about earning as they also had fun doing this. But for those who just after for money while playing this, it was unfortunate that many of them are leaving because they have noticed that the price is not worth it anymore.
But actually, I don't see a reason to see that the crypto gaming sector will put an end, however, only reliable games will be able to survive.

That's just part of market speculation. I do think it's not yet over for P2E games since there are still major gaming companies that are looking into NFTs and  Metaverse. There are also old projects that continue to build despite losing many players due to the drop in their native token's value. It's likely that these projects will emerge again when the dust settles.

Crappy projects definitely met their end but the very few legit projects are still here.

There’s no hype anymore but still there’s a chance for them to rise again when the Metaverse thing fully hits the market. There’s a lot of disappointment with failed projects but some good P2E is still working and developing their platform, with recent update on Axie this could be a positive update for them. P2E games without profit is not worth it, i choose not to invest anymore on P2E, i will just come back if there’s another hype.

There isn't any great game available right now, as far as I know. I attempted to start playing a play to earn RTS days ago, but I couldn't even receive a confirmation email from the game to start playing. Tried few times, waited a while, and nothing, so I just gave up and uninstalled the game right after. These games are still too broken and the ones which work more or less don't offer a great experience to players because they force people to invest too much money or because they offer an hostile environment full of toxic players and bots. If you aren't active 24 hours and if you don't invest money you are only going to be bullied by others.

During the Axie's hype play to earn looked great and promising, but the tendency wasn't able to keep it up and now it's declining. Maybe in few years this scenario changes.

Oh, and those youtube channels promoting every play to earn games around astonished as if they were the most recent gems discovered by humanity and launched by gaming industry are really annoying. :P

Well if you believe that those games will be big hits and played by a lot of players once they are finished then maybe it is a great time now to buy some of their tokens. The star atlas governance token is very low at the moment for example. I am also thinking about buying a few of those but i am not sure yet because looking at the chart it goes constantly down for months now, so i don't know where the bottom is.
That being said, it is true that the play-2-earn sector is also pretty dead at the moment. The prices just keep on going down just like the rest of all crypto projects. Sadly this also means that it is not profitable to play those games at the moment.

I still believe that play-to-earn can still pump itself up. There are still a lot of gamers who are making P2E games as their means of living, and with that I can still see its positive side 💯 there's a piece on technode global on how to get started with P2E, look it up!

i said no for the future. if you read all the reviews on each sheet, many seniors say that P2P is indeed a trend or hype this year so there are still many who play there regardless of how profitable the game is and after that the players leave it and games will always appear new games. a lot of P2P lose their players because there are so many players who just want to make a lot of profit and when the game doesn't provide good profits they will immediately leave and move to other P2P.
and P2P will not last long for the next few years because there will be many new trends that are much better than the current P2P

We should not expect the emergence and rapid development of AAA-level projects in the Play2Earn sector of cryptocurrencies right now. But there is no need to give up watching this industry. If you closely monitor the development of some new high-profile projects and invest in them at an early stage of their formation, before another crypto-hype happens, it can be very, very profitable. Now the whole industry is in decline, there is not much liquidity there, and there is no general excitement observed in 2021.

Considering that we are still in bear season, P2E drop or any trend is not something to be surprised, p2e will die or continue to exist, we should wait until the next bull season to confirm everything. Today, there are still many p2e projects that are in the development stage and are invested by large funds, so it can be seen that the p2e industry still has a chance to develop again. Right now, people are not too excited about it because people are only focusing on top coins to reduce risk during bear season, but when the bull season returns and p2e is still generating hype, people will continue to participate in it, all for the sake of profit.

Even shit coin can pump itself, momentum was a thing that is still not yet coming. This gonna be a very long time to wait it to happen. P2E will be pumping once whole of crypto market will be pumped so hard. I learned a lot from some cycle that happened in the past if everything will be going up once it will be pumped by the whales no matter how good or bad the token but anything will be mooning at that time. It's about how we can be patience waiting for that trend to come again.