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Author Topic: That is why play to earn concept is a massive failure  (Read 383 times)
X-ray
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February 13, 2022, 12:15:05 AM
 #61

the most advantageous are those who enter early,
The early you join the more money you get

can understand the meta quickly and get cheaper character prices, the concept of Play to earn is sometimes more like pay to win now, you have to have stronger characters to win.
I do agree with this. play to earn already evolved to be pay to win to earn. This concept is getting changed like some chara getting over buffed while remember that there was also rare and common NFT. People who owned rare NFT will have more chance to earn more from the market. Just like axie, bomb crypto and almost all of play to earn is also getting evolved into the pay to win to earn.
I hope that the dev will try to change the mechanism that already used in the play to earn. This concept is not relevant anymore and there must be a major change to this mechanism.
that's how so many play to earn project can't sustain for long term.

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RealMalatesta
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February 13, 2022, 03:30:52 AM
 #62

in fact at one point I was going to enter one of the best games that they had considered from the beginning, but for reasons of life I had to do a lot of corresponding errands with my 4-month-old daughter and she left a lot time on it, after I wanted to do it, something prevented me, then I saw that the price fell more than 60%, then I believed even lower, the discord and telegram of that game said that it was only a strong correction and that it was safe to enter, which was cheaper, but when these things happen, everything is already damaged, there are cracks that cannot be repaired and the price went to less than 1 USD, the number of people they lost was gigantic, from that moment I did not believe anymore in NFT games.
I would guess that the purchasing is the main problem because it has very little utility that attracts people. Lets take Axie in our hands, they charge you SLP for breeding but we will breed and breed and breed and one day there will be countless of them, so the price would have to go down significantly to cover that, you can't have the same axie prices at 100k total axie versus 1 million vs 10 million.

It means that breeding will not be profitable, which means that you can't really use SLP that way. They dropped the amount of SLP you can earn, so that the price would go up, so that you can earn less but worth more, which failed miserably since people already stashed so much. All in all, if you do not provide a good "buy this token because of this" mechanism in any play to earn game, that token will be earned but not spent like you assumed it would.
bluebit25
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February 13, 2022, 04:11:34 AM
 #63

Looking back at current P2E products, there is not much difference, there are really too many copies of the gameplay, almost nothing special. Only a few have done that and have had great success in this space, but fomo following the trend without careful preparation makes creating a coin or P2E products as a form of publicity. In order to industrialize, you just need to think of a random name and attract then pay to hire dev teams, you will have a new product right away. The loss of censorship and overflow makes many people think it is thriving, but when it comes to reality, we are still just getting started.









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yazher
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February 13, 2022, 04:12:54 AM
 #64


All the games build upon this same structure and there is nothing new other than skin color and weapon design. High entry fees in the game and high challenge for new users is demotivating new users to join the system. Only early adopters are earning massively because of those unique teams they got. Unique users registration is decreasing day by day which shows the hype is going down with flame.

There are lots of example of these kinds of games which was shut down last where most of their developers cut down the rewards until they run out of supply to give their users. Now they are making some new concept but the same mission where they disappear again after they gathered enough money to steal from their innocent gamer investors. That's why everyone needs to take heed and lesson from last year if they don't want to waste their money thinking that it will multiply but in reality, it will forever be lost.

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February 13, 2022, 06:34:53 AM
 #65

Play to Earn so far has not been perfect, because it is more burdensome to someone who has a large capital and enters early as a winner, well, I think all cryptocurrency concepts are the same,
The big player can afford to buy a lot of good NFT to play in the game. that's why they can get fast ROI. That's different with small players that are only paying with what they have. Different income, different ROI and many more. I guess how many small players that already trapped by the shitty play to earn game. The game needs to be re-structured. It's not even balance. I know that people are still looking for nice profit from investing in this play to earn game but they don't even realize if they are putting their money into the big risk that will make them all unable to get back their money caused by long ROI.


everything will be lively at the beginning and will disappear soon as well as the play concept to earn in cryptocurrency.
As long as it can sustain and that's fine.

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