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Author Topic: Can Cryptocurrencies Change the View of the Game Industry in the Future  (Read 448 times)
libert19
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September 10, 2022, 04:19:39 AM
 #41

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.

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September 10, 2022, 04:35:48 AM
 #42

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.

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September 10, 2022, 02:04:26 PM
 #43

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.

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September 10, 2022, 02:38:06 PM
 #44

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.

 
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September 10, 2022, 03:52:20 PM
 #45

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.
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September 10, 2022, 05:20:15 PM
 #46

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.

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September 11, 2022, 01:50:05 PM
 #47

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.
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September 11, 2022, 02:59:56 PM
 #48

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.

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September 11, 2022, 07:49:29 PM
 #49

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.
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September 11, 2022, 10:49:54 PM
 #50

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.

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September 15, 2022, 01:09:54 AM
 #51

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.
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