That is why play to earn concept is a massive failure

[magneto]

All of the games are built on the same foundation, with the exception of skin colour and weapon design. High game entry fees and a high learning curve for new users are discouraging new users from joining the system. Because of the unique teams they have, only early adopters are making a lot of money. The number of unique users registering each day is decreasing, indicating that the hype is fading.

Exactly.

They are essentially thinly veiled ponzi schemes that have no real product and riding on the hype that has been generated over the past year or so under the umbrella term "P2E".

Definitely don't think that the bulk of them are going to be sustainable for the long run. I think that it is a matter of time before the capital inflows stop, and the ecosystem mostly collapses under its own weight.

[cabron]

The P2E arena will be following the same path as that of ICOs in 2017...there was then the explosion and then there came an avalanche of so many new projects coming in competing for attention and money of participants without regard as to quality of the game and the viability of the system they are then using...then we could start many platforms withered as unsustainability kicks in...but just like any industry there will always be big winners and many losers. There will always be hypes but there are those who will make it though I have some concerns that many P2E mechanisms may not be so sustainable in the long run and it will be centered on the demand and supply side of their own digital assets.

Some devs had already figured out what the next hype will be after they saw Ukraine ask for donations for NTFs. This is where the next crowdfunding will be in the coming years or the government will release thier digital currency in exchange for NFTs and then after that, this hype will die and they will once again figure out something else.

All hype is going to die. I haven't even registered to one play to earn a game but its already dying.

[ringgo96]

But not all projects like that, there are also some projects the entry fee is quite cheap so it all depends on the team that manages the project, and currently there are very many games present and they all have different missions, the lack of enthusiasts at this time maybe they only focus on games that can give them a big advantage and currently the market situation is not good so we must be able to adapt to the current atmosphere.

[cryptoaddictchie]

All of the games are built on the same foundation, with the exception of skin colour and weapon design. High game entry fees and a high learning curve for new users are discouraging new users from joining the system. Because of the unique teams they have, only early adopters are making a lot of money. The number of unique users registering each day is decreasing, indicating that the hype is fading.

Maybe you are right for those games that are simple and has same concept with some rugged projects that pretend to do p2e. There are lots of projects now doing p2e and cant say that they are good. But if you are gonna enter a p2e one then pick the highest rating with some good background or superb developers.

[E-money.com]

I actually have to agree with a lot of points that you are bringing up OP. In the end all of the play2earn games that are existing at the moment are not played because they just a fun game to play so people are enjoying to play it. The fact that you can make money while playing a game should always be just a positive side effect and not the main selling point of the game and sadly this is still the case with all of the existing play2earn games that i know of that are existing out there already, they are just not fun. Then of course we have the same effects as with every other hype in the crypto space, which means we have hundreds of play2earn games now because they hopped on the hype train of Axies Infinity and only a few of them will survive.

People always played to earn money. That is why gambling so popular. People spend a lot of time playing in casino.
Now appear Casino metaverses which give people more opportuntities and allow to earn even more money like this https://twitter.com/PokerFacesNft/status/1505530774690353160

[amishmanish]

All of the games are built on the same foundation, with the exception of skin colour and weapon design. High game entry fees and a high learning curve for new users are discouraging new users from joining the system. Because of the unique teams they have, only early adopters are making a lot of money. The number of unique users registering each day is decreasing, indicating that the hype is fading.

Before you say that, have you check the games that you see on the store right now? Now tell me, what can you see? most of these games do also have similarity but the only slight difference is the name. You shouldn't wonder if the same thing can happen in the nft and metaverse gaming but not all games are high cost and cost in the price isn't only the basis for the players to ignore the game. Have you seen axie? During its peak where the cost of creating a team is too expensive, this doesn't stop players to continue on the game.

It's not only the early comers that can make money but late adopters can earn too but some won't care about how much will they earn but as long as they love the game and it makes them enjoy. Nft and metaverse gaming is still a thing so their hype is not yet fading.

This is actually pretty interesting. The people on iOS or play store searching for games are doing it for the fun of it. This is why they don't care whether the early adopters profited from it or not.

In these P2E games, the whole thing is so skewed towards the early adopters that nobody want to have to pay thousands of dollars to play a game that thousands of others have paid pennies, and sometimes zero money for. This "comparison" automatically leads everyone to try and find their own "first free game" rather than engage with an existing one.

While a few of these games will be able to sustain new players through good game mechanics and graphics, most crypto gamers are really just looking for their next flip or the one moonshot. The "jealousy" factor is pretty high and it is unclear as to how this plays out for new players trying to sign up to such games.

[so98nn]

All of the games are built on the same foundation, with the exception of skin colour and weapon design. High game entry fees and a high learning curve for new users are discouraging new users from joining the system. Because of the unique teams they have, only early adopters are making a lot of money. The number of unique users registering each day is decreasing, indicating that the hype is fading.

What exactly are you talking about? Like the games based on crypto earnings or just the normal streamers game where they stream, play and get paid from tips? Moreover games are always unique as long as they from the different genres. Yes obviously speed racing games from two different companies might feel same because they have the cars and roads. Lolz

If you looking for next level hit games then try our Nft in the crypto world. You may get something different here and win some Nft along the way just for having the fun mate.

[vv181]

All of the games are built on the same foundation, with the exception of skin colour and weapon design. High game entry fees and a high learning curve for new users are discouraging new users from joining the system. Because of the unique teams they have, only early adopters are making a lot of money. The number of unique users registering each day is decreasing, indicating that the hype is fading.

Before you say that, have you check the games that you see on the store right now? Now tell me, what can you see? most of these games do also have similarity but the only slight difference is the name. You shouldn't wonder if the same thing can happen in the nft and metaverse gaming but not all games are high cost and cost in the price isn't only the basis for the players to ignore the game. Have you seen axie? During its peak where the cost of creating a team is too expensive, this doesn't stop players to continue on the game.

It's not only the early comers that can make money but late adopters can earn too but some won't care about how much will they earn but as long as they love the game and it makes them enjoy. Nft and metaverse gaming is still a thing so their hype is not yet fading.

~
While a few of these games will be able to sustain new players through good game mechanics and graphics, most crypto gamers are really just looking for their next flip or the one moonshot. The "jealousy" factor is pretty high and it is unclear as to how this plays out for new players trying to sign up to such games.

I guess that is what differentiates the type of players, some playing a game for fun while the others are maximising revenue or profit. The only sustainable P2E cryptocurrenices/NFT games are the ones that are able to keep the money flowing. As long the players get a profit, the games will go on and users will keep coming.

Which I also believe as on the title of what OP said, the underlying concept of P2E is fragile, there is no other reason for a player to keep playing other than money, not the game aspect itself.

[TWW]

that's for sure, because the rules are different depending on the development of the game, speaking of games nowadays all use support purchases to support the game, that's why I don't really like the current form of game development, because the pattern they are doing remains the same, seeking profit from development games that are done, so if we don't follow their rules, then we will not achieve the best rankings, let alone financial gain

all companies of course think of that. The financials obtained from the game players will also help for the development of the game in the future.
I'm sure most people agree and like this. but some people don't like it because it will grow consumptive nature for game players.

[llecrf]

All of the games are built on the same foundation, with the exception of skin colour and weapon design. High game entry fees and a high learning curve for new users are discouraging new users from joining the system. Because of the unique teams they have, only early adopters are making a lot of money. The number of unique users registering each day is decreasing, indicating that the hype is fading.

that's why I don't play P2E games when there are a lot of players, I mean when the number of players increases, the rewards will decrease and there will be many people selling tokens from the prizes they get.
For example, the PVU game, at the beginning of the project, the PVU token seemed to be going up, but now the price is going down because many are selling the token.

[isukcole]

All of the games are built on the same foundation, with the exception of skin colour and weapon design. High game entry fees and a high learning curve for new users are discouraging new users from joining the system. Because of the unique teams they have, only early adopters are making a lot of money. The number of unique users registering each day is decreasing, indicating that the hype is fading.

I cannot agree at all with this statement, cause a lot of multi companies started to track and invest in blockchain gaming, i'm myself very pleased with situation cause unreal engines and engn token working very well if you ask me, i'm not feeling like i choose bad investment.

[bitgolden]

All of the games are built on the same foundation, with the exception of skin colour and weapon design. High game entry fees and a high learning curve for new users are discouraging new users from joining the system. Because of the unique teams they have, only early adopters are making a lot of money. The number of unique users registering each day is decreasing, indicating that the hype is fading.

I cannot agree at all with this statement, cause a lot of multi companies started to track and invest in blockchain gaming, i'm myself very pleased with situation cause unreal engines and engn token working very well if you ask me, i'm not feeling like i choose bad investment.

Just because the current games do not look good and do not create any hype for the game itself does not mean that we will not have any type of future game with great NFT's.

Simply put, imagine a world where skins in games like fortnight or counter strike were to be NFT's and not the way it is, imagine if it had limited NFT skins where the player who owns it could sell it and the company will make 10% from each sale? That would bring in so much money for the company as well.

Instead of tens of thousands of same skin sold by the company, it will be 10k skin sold by the company and then keep on making money forever from people selling to each other, even if people stop buying it for 9.99, they could still sell it for 1-2 dollars and keep you making money in that case.

[joro-metaversa]

All of the games are built on the same foundation, with the exception of skin colour and weapon design. High game entry fees and a high learning curve for new users are discouraging new users from joining the system. Because of the unique teams they have, only early adopters are making a lot of money. The number of unique users registering each day is decreasing, indicating that the hype is fading.

I cannot agree at all with this statement, cause a lot of multi companies started to track and invest in blockchain gaming, i'm myself very pleased with situation cause unreal engines and engn token working very well if you ask me, i'm not feeling like i choose bad investment.

Just because the current games do not look good and do not create any hype for the game itself does not mean that we will not have any type of future game with great NFT's.

Simply put, imagine a world where skins in games like fortnight or counter strike were to be NFT's and not the way it is, imagine if it had limited NFT skins where the player who owns it could sell it and the company will make 10% from each sale? That would bring in so much money for the company as well.

Instead of tens of thousands of same skin sold by the company, it will be 10k skin sold by the company and then keep on making money forever from people selling to each other, even if people stop buying it for 9.99, they could still sell it for 1-2 dollars and keep you making money in that case.

Couldn't agree more. We are yet to see if play to earn can be integrated into games that focus on true gaming experience.

[2lica]

All of the games are built on the same foundation, with the exception of skin colour and weapon design. High game entry fees and a high learning curve for new users are discouraging new users from joining the system. Because of the unique teams they have, only early adopters are making a lot of money. The number of unique users registering each day is decreasing, indicating that the hype is fading.

I cannot agree at all with this statement, cause a lot of multi companies started to track and invest in blockchain gaming, i'm myself very pleased with situation cause unreal engines and engn token working very well if you ask me, i'm not feeling like i choose bad investment.

Just because the current games do not look good and do not create any hype for the game itself does not mean that we will not have any type of future game with great NFT's.

Simply put, imagine a world where skins in games like fortnight or counter strike were to be NFT's and not the way it is, imagine if it had limited NFT skins where the player who owns it could sell it and the company will make 10% from each sale? That would bring in so much money for the company as well.

Instead of tens of thousands of same skin sold by the company, it will be 10k skin sold by the company and then keep on making money forever from people selling to each other, even if people stop buying it for 9.99, they could still sell it for 1-2 dollars and keep you making money in that case.

Couldn't agree more. We are yet to see if play to earn can be integrated into games that focus on true gaming experience.

Exactly! But they will for sure! Since it's still early the concept is still very basic talking for gameplay, but it will scale into way more complex and high quality projects. I'm paying close attention to some projects and the effort, funds and time they're investing is starting to bring some insane sneak peeks. Of course, even if they bring true gaming experience remains the other aspect.. the game economy.. 

[Cling18]

All of the games are built on the same foundation, with the exception of skin colour and weapon design. High game entry fees and a high learning curve for new users are discouraging new users from joining the system. Because of the unique teams they have, only early adopters are making a lot of money. The number of unique users registering each day is decreasing, indicating that the hype is fading.

I cannot agree at all with this statement, cause a lot of multi companies started to track and invest in blockchain gaming, i'm myself very pleased with situation cause unreal engines and engn token working very well if you ask me, i'm not feeling like i choose bad investment.

Just because the current games do not look good and do not create any hype for the game itself does not mean that we will not have any type of future game with great NFT's.

Simply put, imagine a world where skins in games like fortnight or counter strike were to be NFT's and not the way it is, imagine if it had limited NFT skins where the player who owns it could sell it and the company will make 10% from each sale? That would bring in so much money for the company as well.

Instead of tens of thousands of same skin sold by the company, it will be 10k skin sold by the company and then keep on making money forever from people selling to each other, even if people stop buying it for 9.99, they could still sell it for 1-2 dollars and keep you making money in that case.

Couldn't agree more. We are yet to see if play to earn can be integrated into games that focus on true gaming experience.

Exactly! But they will for sure! Since it's still early the concept is still very basic talking for gameplay, but it will scale into way more complex and high quality projects. I'm paying close attention to some projects and the effort, funds and time they're investing are starting to bring some insane sneak peeks. Of course, even if they bring true gaming experience remains the other aspect.. the game economy. 

We can't blame some investors who are now afraid to take the risks because honestly, some developers mishandled the NFT games which lead to its failure. However, if developers of new NFT projects would handle their games well as well as the supply of the NFT coins, I'm sure that more successful NFTs would attract lots of investors again.

[trendcoin]

All of the games are built on the same foundation, with the exception of skin colour and weapon design. High game entry fees and a high learning curve for new users are discouraging new users from joining the system. Because of the unique teams they have, only early adopters are making a lot of money. The number of unique users registering each day is decreasing, indicating that the hype is fading.

I largely agree with you. The vast majority of games on the market do not have fair systems. Instead of play2earn, there are pay2earn games. It is necessary to allocate both big money and big time to these games. That's why I agree that some games are not fair, but the balance of supply and demand always has the final word. These games will continue to exist as long as users want.

[Emitdama]

I respect your opinion but don't really agree. It comes down to the team, yes, a lot of the P2E games we see are just cash grabs and want your money before playing them but if you look hard enough, you'll find some really good projects. NFTshootout is a great example, they have a scholarship system where beginners can play for free and the learn the game. The scholar's get rewarded daily with $SHOO tokens, they can cash these out or invest them into in-game items that earn you really good passive income. If you find a team that are constantly building and being transparent with their community, you're onto a winner!

I like the idea of scholarship programs. Who would have thought that it was possible in a game? It allows us to test the game without risking real money but what is good is that we can earn tokens with real world value that we can withdraw after reaching a certain limit. Axie must be the first that introduce this feature and other games follow it eventually.

It's only sad that axie is now slowly going down while other games that copy its features are now slowly rising up. The only thing that I can agree with the op is the learning curve of the game as I too noticed that most of the nft/metaverse game are hard to understand. It makes me don't want to try them but I look for the easier games.

[AmoreJaz]

I respect your opinion but don't really agree. It comes down to the team, yes, a lot of the P2E games we see are just cash grabs and want your money before playing them but if you look hard enough, you'll find some really good projects. NFTshootout is a great example, they have a scholarship system where beginners can play for free and the learn the game. The scholar's get rewarded daily with $SHOO tokens, they can cash these out or invest them into in-game items that earn you really good passive income. If you find a team that are constantly building and being transparent with their community, you're onto a winner!

I like the idea of scholarship programs. Who would have thought that it was possible in a game? It allows us to test the game without risking real money but what is good is that we can earn tokens with real world value that we can withdraw after reaching a certain limit. Axie must be the first that introduce this feature and other games follow it eventually.

It's only sad that axie is now slowly going down while other games that copy its features are now slowly rising up. The only thing that I can agree with the op is the learning curve of the game as I too noticed that most of the nft/metaverse game are hard to understand. It makes me don't want to try them but I look for the easier games.

in time, a lot of p2e platforms will surpass what axie has achieved. the team behind it should continuously innovate to stay relevant with their chosen industry. if they fail to post updates and new features, some of these players will indeed go to newer p2e games. because these gamers won't stick to one game only, and if they see free access, definitely they will try that game. since there are a lot of gamers, every p2e game has their chance to get their audience, but it is their innovation how they will survive in the competition. this is why maybe axie is slowing down. because these gamers are finding a different option, cheaper than buying their AXS to get started.

[sana54210]

Actually its depand on game developers if they only focus on earning then this system will decrease players growth day by day. But i think if developer not only focus on earning and focus on gane development also bring player interests on game then it will not happen. But some of game developers trying hard to bring most unique game in the field i know lots of them working in development for 2-3 years but still they not launch any play 2 earn product on market!!

Unfortunately right now the earning part is the only part. The developers are promoting the part where the player could earn some money, and they do not develop the part where it is actually having fun while gaming.

I have talked about this before, the only game that can sustain would be the game where players are willing to pay to play, there are literally thousands of games that people pay to play, that is how gaming sector is standing afloat, all those in-app purchases and microstransactions are keeping the gaming world alive. Which is a proof that NFT's do have a place, but it needs to be games that people are willing to spend money on.

[joro-metaversa]

Actually its depand on game developers if they only focus on earning then this system will decrease players growth day by day. But i think if developer not only focus on earning and focus on gane development also bring player interests on game then it will not happen. But some of game developers trying hard to bring most unique game in the field i know lots of them working in development for 2-3 years but still they not launch any play 2 earn product on market!!

Unfortunately right now the earning part is the only part. The developers are promoting the part where the player could earn some money, and they do not develop the part where it is actually having fun while gaming.

I have talked about this before, the only game that can sustain would be the game where players are willing to pay to play, there are literally thousands of games that people pay to play, that is how gaming sector is standing afloat, all those in-app purchases and microstransactions are keeping the gaming world alive. Which is a proof that NFT's do have a place, but it needs to be games that people are willing to spend money on.

The real question is whether bringing true gaming experience and a working play 2 earn model can actually co-exist within the same game. this is the challenge of the whole gamefi space and we are yet to find out