Can Cryptocurrencies Change the View of the Game Industry in the Future

[Jackl87]

In the past most people played games just to get rid of boredom or just to fill spare time when there was no important activity to do but after Cryptocurrency was adopted by the gaming industry then now it seems to have changed people's views of the gaming industry because now playing games is no longer just eliminating boredom because we can also earn while playing, last year Play to Earn experienced high hype which shows that many people are interested in following this type of game, but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?

I am a PC gamer for many years now and therefore i am not only following the crypto trends and news but i am also pretty interesting in new and upcoming video games. I have to say that most gamers out there are not in favor of the possibility of NFT's or play2earn structures coming to their favorite games and i can totally understand that. Gamers are playing video games in order to have fun and to relax so if there is now a way to earn money inside a video game it just means that the games will be flooded with bots and people that are just trying to make money out of the game and not playing it for fun.
Also the games would probably be designed around that play2earn structure and not around being fun.

[icalical]

If you ever played a World of Warcraft or other MMORPG game that has a rare item and something like that, actually the concept of some people earning from the game they played is not new, and is not invented by crypto. The right question would be could crypto make the play to earn into mainstream, and I doubt it, it will still be a niche, and people would play game just for entertainment, the earning is just a bonus.

[albon]

I believe that blockchain games are the future of the gaming industry, as the size of the games market has exceeded billions of dollars as it is increasing day by day, and games are no longer considered just a way to waste time, but now can Players play for profit and earn cryptocurrencies and give players ownership of some assets within the game where they create value for them and can sell them to achieve a potential profit and take advantage of their time. This method has started gaining momentum recently to this day and one of the best games that everyone can earn crypto from it is Decentraland and Sandbox.

[el kaka22]

This is going to be a difficult one because in the end we are talking about gaming industry making money from people spending money so far, that has always been the case. The small games you play on your mobile phone where you buy gems or whatever to continue playing made billions that way, whereas we are talking about games having the responsibility to make you some money during this period which will be quite difficult to handle.

In the long run, it will turn to that eventually, but that change will not be easy and we will have both of them working together side by side, after a while we will definitely end up with a good result but it will not be this year or next year, it will take a few years at least.

[serjent05]

Cryptocurrency had already changed the view of the game industry.  First the NFT, then the play to earn, and now the metaverse.  The game had been evolving with the new trend in technology.  So it shouldn't be a question anymore but rather we should be asking how deep would cryptocurrency drive the game industry in the future.

[BitDane]

Yes cryptocurrency can change the view of the game industry.  We can see how NFT and metaverse are integrated on the game and many game developer is adopting this kind of technology.  There are also big company that jump in the bandwagon of NFT and the play to earn concept.

[antsam]

Everything has its era, but for Game Play to Earn I don't think it's dead, just because the market is unstable which makes it seem like it's silent. I am optimistic that in the future it will grow, especially if it is combined with the metaverse

[radjie]

In the past most people played games just to get rid of boredom or just to fill spare time when there was no important activity to do but after Cryptocurrency was adopted by the gaming industry then now it seems to have changed people's views of the gaming industry because now playing games is no longer just eliminating boredom because we can also earn while playing, last year Play to Earn experienced high hype which shows that many people are interested in following this type of game, but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?

playing games and earning is already very familiar among today's society, they don't want to spend their time just playing games without earning, therefore many gaming industries currently provide games that can generate profits for both of course combined with modern technology by applying crypto as  other alternative options

[bonyaserg]

Personally, I think that in the future it will be possible to play and still earn money. Since the crypto industry has provided people with great opportunities for development. With the advent of cryptocurrencies, many have changed jobs and are now fully and completely working in this field and benefiting people, knowing that the crypto industry is a big industry. which has long been ingrained in our lives.

[Coin_trader]

but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?

Play2Earn concept is proven not profitable in the long run for both players and developers since there's no sustainability for this kind of gaming reward concept in the long run because players will be more focused on earning rather than spending and enjoying that will kill the essence of gaming industry. Until now there's no decent game being introduced in crypto unlike games that can be played on Xbox and PlayStation since game developer is not interested to venture on long term project with limited source of fund.

I'm not expecting that big time game developers will shift into crypto while they are earning huge amount of money by doing there usual routine that doesn't involve in crypto. I think P2E game is just a hype and nothing more long term will be expected since the success of this game depends on the consistent buying of the tokens in the market by players to be spend in the game. The main problem will arise if no one want to spend anymore.

[Alert31]

As long as cryptocurrency lives, play to earn game will continue but the demand will not increase because people who played for crypto are definitely dissappointed with the amount they receive from the game. Like for example bling games that can pay a small amount of satoshi or ethereum. I had a friend who was trying hard to play that game and after a few months he only got less than $20 worth of crypto. Well, playing those games is also enjoyable and pastime.

[Eridan_world]

I think that the hype around crypto games will subside over time, as it will become commonplace for most. And in general, I am sure that the world of crypto games will change and will have other mechanics. Now we are only at the stage of early development of the industry.

[Imran232]

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The gaming industry and the crypto industry can both be game changers for each other. Look, we know how rapidly the gaming industry has grown in the last few years and how rapidly it is growing. And not only me, but also the gaming industry faces the same problem with their digital asset selling problem. As we all know, the assets are in the game and people or players are purchasing them, but most of the time the bank causes problems with payment sending or receiving by claiming some unusual activity. That is the problem both PayPal and the gaming industry face in the banking sector, but if they approve crypto, they don't have to face any kind of payment issue. And they can do any amount and any number of transactions in a day. This is the benefit, and I think what attracts the most to the gaming industry, so we can say that both the gaming industry and crypto can revolutionize their lives together. This is my overall opinion. Thank you.

[Bobrox]

Before cryptocurrency adopting with games as industry and business in the future have early claimed with games as real business because they can earn money by push their activity level on every games beside still have another chance with sell several items have expensive values.  Right now when publishing with several earn to play and many kinds games of cryptocurrency launching every day, I think all minds about games waste our time totally wrong because many gamer earn much money every day with their hobbies by playing games. I think cryptocurrency helped many gamer how their hobbies can earn money depending skill when playing games, but never greedy many kinds of earn to play games of cryptocurrency always have chance as hype and become scam later.

[bitcampaign]

every year there is always a trend and we don't know that trend will continue in the next year or not, depending on what is developed whether it is worth maintaining or not, just like last year's NFT was very popular with many users, but unfortunately this year's sales of NFT is decreasing even the trading volume is not like before, worried that it will also dim in the future

[justdimin]

Play2Earn concept is proven not profitable in the long run for both players and developers since there's no sustainability for this kind of gaming reward concept in the long run because players will be more focused on earning rather than spending and enjoying that will kill the essence of gaming industry. Until now there's no decent game being introduced in crypto unlike games that can be played on Xbox and PlayStation since game developer is not interested to venture on long term project with limited source of fund.

I'm not expecting that big time game developers will shift into crypto while they are earning huge amount of money by doing there usual routine that doesn't involve in crypto. I think P2E game is just a hype and nothing more long term will be expected since the success of this game depends on the consistent buying of the tokens in the market by players to be spend in the game. The main problem will arise if no one want to spend anymore.

How could it be? The hype needs to be bigger than the supply and that rarely ever happens. Like for example with Axie Infinity, it went on for months and people made money with it, but the more you breed the more axies you would have and that means eventually it reached to a point where there weren't enough people, and they all had to make a lot less in order to continue, you couldn't pay people the same amount when it is just 10k people playing vs when there are 1 million players, in that case there would be too much SLP on the market and that would drop the value.

Yes, breeding is good but people will want to breed to a point, the more players there are, the breeding didn't increase accordingly.

[ChiNgadOr]

In the past most people played games just to get rid of boredom or just to fill spare time when there was no important activity to do but after Cryptocurrency was adopted by the gaming industry then now it seems to have changed people's views of the gaming industry because now playing games is no longer just eliminating boredom because we can also earn while playing, last year Play to Earn experienced high hype which shows that many people are interested in following this type of game, but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?

Play-earn-game is still gaining huge adoption till now and I am bit that surprised because the adoption of Bitcoin and other cryptocurrencies is making the game industry looks more interesting allowing gamers to earn more tokens which can be converted to money along side playing there favorite p2e games.
 This one of the things that intrigue gamers to become more interested in playing games since they can earn from spending time playing what they know best. With time cryptocurrency is going to sharpen our world to something of more interest.

[Hypnosis00]

I haven't expected it of having a huge impact and influence on the gaming industry but this hype and these Play-to-earn games promoted, it was uncertain to keep it long and adopted by all gaming sites. Just look, this kind of trick has already been declining as the market went bear as well. It looks like the hyped is over and those people/gamers who take this opportunity are leaving as well. It was just to say that the surge never take so long and it getting back to normal situation.

[xSkylarx]

last year Play to Earn experienced high hype which shows that many people are interested in following this type of game, but considering Play to Earn is now less in demand so could it be that they will be abandoned in the future?

I don't think it will be abandoned in the future. Many big gaming companies now starts to integrate web3 technology to their upcoming games. It also attracts more potential players if they found out that the game is crypto related and earn some cash by playing it. Real gamers also appreciate some returns while playing the game they enjoy even if it's not the same amount if they are whaling in that game.

The real challenge to those big game companies is how to properly balance the game economy when they adapt to blockchain technology. We know that there are some that will only play for financial reasons. If the game economy is not balance, it would also drag those real players to eventually stop playing because the developers didn't planned properly how to counter those extractors.

[lvsca]

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.