Bitcoin Forum

As we all know since the approval of BTC ETF, Most coins have been experiencing a downtrend movement and sometimes a little of push up if BTC should regain its bullish momentum. Aside that, is just me or does anyone also realise that Gamefi token have not been trending like they use to be. However, today, I'm observing some positive developments in certain GameFi tokens, prompting me to question if the GameFi token arena is making a comeback? I mean, looking at DGI Token already gaining upward movement compared to few months ago and saw new listings shown on CMC . Then, the gaming blockchain RON also experiencing an increase. Maybe due to the fact that RON is about launching an IDO, and its Total Value Locked (TVL) has grown by 25% in the past month, and its circulating market cap has now surpassed that of AXS.

There was a lot of speculation around last year or two that Gamefi or P2E are already saturated. The same thing was said about DeFi but look at what's happening now. The point is that the upcoming halving has a positive impact on the market so anything can happen. It could be pumps on DeFi and Gamefi today then RWA and more Memes next.

GambleFi seems to have a higher ceiling than Gaming. There is certainly more development going on and marketing there, atm.

On the crypto side we will always see trends emerging and fading, so that doesn't only apply to GameFi, but also applies to other types of tokens such as meme tokens, AI & RWA. IDK the timeline of where this all started, but I agree with you that GameFi is currently in the spotlight from the crypto public.

Talking about Ronin, a few hours ago Binance announced the listing of $RONIN on their exchange, you can find more information here: https://www.binance.com/en/support/announcement/binance-will-list-ronin-ronin-with-seed-tag-applied-dfea1e2ae7fd475196b215e673193c63

I think GameFi projects still remain popular, but there is no general use. We can think that this is due to the release of many unsuccessful projects on the market. A few good GameFi projects need to enter the market. The game must be good to play and it must be on a network with low network fees for buying and selling NFTs, so that players are not limited by high Fee fees.

I think blockchain games are still in their infancy. New IDOs games within the Ronin network are attracting attention, in fact, it is necessary to follow them.

IDO? where have you heard that? They're done with that and there's no more projects that will launch that type of crowd funding. The news that it has got today is because they've been listed on Binance.
Binance lists Ronin (RON) as Pullix (PLX) eyes beta launch (https://coinjournal.net/news/binance-lists-ronin-ron-as-pullix-plx-eyes-beta-launch/)

But after this listing, you can see a drop that's followed by it.

Trends do come and go they can easily lose their momentum snd gain it back just as fast

I am guessing that because of bitcoin’s bullish tendencies a lot of trends are emerging and people are looking for different platforms to put their money in aside from bitcoin

i am sure that this will not be the last trend to emerge in the next following months and we should always be in the look out the entire community seems to be having a positive outlook right now  ;)

No idea, Gamefi seems to be forgotten rn, but I think with the Bitcoin halving coming, there's hope for the sector to have some firepower once more, I looked at DGI token and the price trend isn't bad. I may consider an entry

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Yeah, that's actually what usually happens. But is just like Gamefi token just rose back from nowhere. Well, is good that they're coming back with different projects getting recognised

Not totally forgotten but maybe people are in rest for a while since its like nothing happen in their investment with some project since usually they encounter failure since no demand converted for those projects and somehow lots of them got failed.

But for now since there's something good happening with RON which I think gives a lot of contribution for the whole ecosystem then I guess this will ignite the wants of a lot of creators to create a new project to offer for those invests who's been hype again to try new projects around. For sure in current situation where market became so alive I guess we can see them slowly rising since we know devs are just waiting for some demands to come once this one got hype again.

Thanks for the heads up Buddy. Appreciated

if so in my opinion there are still many who like gamefi, especially if it refers to games.
especially if the game is fun and giving to make a profit, I think that will be a good value for gamefi.
so far maybe people haven't forgotten about it but maybe people are trying out new trends because trends come and go.
easy to come and also easy to go

and until now, try to give me a fun game, like a shooting action game, like a game that is very popular and in great demand by many children, adults and even old people who still play this game. So GameFi must continue to develop and progress to equalize or create games that are equivalent to current games so that they don't get boring and don't have to spend too much money to be able to play GameFi games. It really sounds good if you look at the concept, namely a means of entertainment that can be a source of income

No problem bud.

There is still interest on it but not the same long time ago when many have been crazy all over it. This time, the interest is still there but take it as something that have decreased over the period of time.

Nope. I know that many will think that they are, but they are not, and it is not going to work, we should not really expect anything from it. I get that it may feel like it is going to be fine, but it is not going to be fine and it is not coming back.

The situation with GameFi type of stuff is that even when they are hyped a lot, they are not getting anything bigger, and this means that they will crash eventually without a doubt. I get that it is going to be a tough situation to handle, and we are going to end up with more difficult situations. So all in all, I think it's clear that we are going to end up with no gamefi resurgence of any kind. There could be a few that gets hyped, but all of them will crash and none of them will stay strong.

All of these new Gamefi tokens are nothing like their previous predecessors. Previously introduced Play to earn games were failed due to their ponzi tokenomics and broken business model. I have seen some project use a classic gaming model with the intention of forcing players to spend more money to level up. So current web3 games make it fair for all the players to earn something based on their level of skill. It won't be like the higher the level you reach, the easier it will be for you to win.

I see several game projects that have joined, such as Pixels and then Apeiron, you can see this growth, previously Ron was only a partner with Axie, now there are many who want and will join Ron.
gamefi will develop but the play to earn mode is not that great for now.

Gamefi tokens will rise again, because several game projects that I see are developing at the moment.
So I'm sure GameFi will rise again to Play to Earn glory in 2021.

Isn't that what Gamefi means? About games. And its name also tells it all. There are only less fun games on it though, which I think one of the reason on why it didn't really became a hit but the profit potential is still there, just like when we are investing, staking, mining, trading and gambling using a typical crypto. I'm talking about before when their hype is still high but nowadays, it was low already and maybe risky or not profitable at all if we continue engaging on them.

It's already part of the crypto history just like the others, so yeah it won't be forgotten easily by the crypto users even if some of them are trying the new crypto craze.

The cryptocurrency market is coming back with full force as we called Bull Run session, in which Gamefi will be going on live as we all expecting the good news about to happen in the cryptocurrency industries.

I think the gamefi era will return again, after a period of silence, because market conditions will rise again, approaching halving, so the market will welcome this project.
Not only gaming, other sectors have also experienced an increase.