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Author Topic: Anyone else feeling let down by crypto Play to Earn gaming sector ?  (Read 274 times)
Bananington
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September 15, 2022, 11:10:46 AM
 #21

Let's face it, some of us older gamers here don't have many spare hours a day , maybe one hour, and if that hour will earn me $20 and looks kind of lame or childish, I rather spend that hour playing something that looks amazing or intricate or fun , even if it costs me money. So it's a long shot for Gaming studios like Gala Games or Vulcan Forged to try to lure new gamers into the space in 2022 -2023 with the current lineup of childish and lame games we have.
With the current criticism these play to earn gaming industries are getting about their very unattractive game play, I believe that they will strive to make an improvement to that effect. Maybe it is in their strategy to not spend so much on creating an attractive gaming environment because it is a play to earn game, but clearly that strategy is failing and they will need increase their budget on their game play design. An unattractive game play design will not attract enough users, and that can affect their earnings.

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nikokovacic90
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September 15, 2022, 12:47:42 PM
 #22



 I share your feeling of letdown, indeed the P2E has not reached its full potential. Yet again, there are promising projects that gave me some hope once again… I believe games like Naramunz will pave the way for AAA games and then we shall live the golden ages of P2E.
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September 15, 2022, 01:02:59 PM
 #23

Play to earn trend is not working well. Many best gaming project failed which is very bad sign for play to earn gaming projects. Axie was good game and many users took interest in this game and after that many new gaming project launched but it's did not give long term profit to users and now many gaming project failed to launch.

it is just a trend like other trends in the market, no trend is sustainable or will always be profitable for investors. I find it has done its job very well to help thousands of investors gain great profits, unfortunately some of the following Fomo investors were unable to make a profit. Trends will be temporary and will die after a while, so invest wisely and seize the opportunity at the right time.

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September 15, 2022, 01:15:01 PM
 #24

I don't feel disappointed by crypto Play to Earn because I don't play games to make money from it. Play to Earn seems like it will still be an exciting game that can attract more players, but to Earn something from the game, maybe players still can't get it.

And with the current situation in the crypto market, I think Play to Earn will still be the same as before and maybe wait for the moment to get the attention of many players so that it can become a new trend. Possibly next year could be a moment for Play to Earn to bounce back, and with the backing of a solid developer, that will make it possible. And all the developers who create Play to Earn projects will always try to give players something different so they can have fun playing it and earn something too.

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September 15, 2022, 02:22:10 PM
 #25

no project has yet brought the perfect P2E concept. as far as I've tracked, at least P2E projects will last 1 year at most and finally they are starting to be abandoned by the community because the main factor is the small reward from game missions and the price of tokens obtained continues because of the incompatibility of demand and sales.

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September 15, 2022, 02:26:19 PM
 #26

I guess that's one obvious problem of P2E,

1. Gamers get easily board
2. People need to go on board with the next game

Rinse and repeat, and that's what really hurting the gaming industry. Of course, Axie is the prime mover, so obviously it gain so much traction in the beginning. We go crazy about it, but then when the excitement wane out and then we go on a long bear market. Suddenly the market lost interest and so we feel that we are being let down by the developers.

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September 15, 2022, 09:55:32 PM
 #27

My expectation for play to earn games before was too high not until many projects have failed and some of them even turned into a rug pull. Some remaining NFT games still have huge potential but they still need further developments for them to handle and stand firm in every market situation. We could see if they still have a future when the market gets back to normal and fully recovered. NFT teams should apply improvements as early as possible to save their projects.

some NFT games that still have potential may not be much. Many NFT games that initially looked promising are now not developing and stuck in place, because there are no new innovations and developers are not continuing their projects anymore. the NFT market and some PLA to Earn games are experiencing a significant decline, so there is not much interest in users to use them anymore. this is also due to the state of the crypto market which is crashing, so all projects are disrupted.

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September 15, 2022, 10:57:02 PM
 #28

When it terms of Play to Earn and you have to play the game to actually make something is what makes a huge let down to most of these projects, it's easily become boring when you played it so many times without any progression and it becomes a huge chore to play which is so unfun for so many people.

Also most of the P2E games right now are under-development with some exception but people won't wait that much longer where there are so much stuff better to do.

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September 15, 2022, 11:01:24 PM
 #29

No, I expected it all to crash the way it did. It was a completely unsustainable business model.

Until there's actual technology that makes sense behind it, it will never work in any long-term meaningful sense.
Most of them died already while some are still having a hard time to rise again, with Axie development I don't think it's enough to bring back the good old days. Many lose their trust already on P2E games, sadly this technology didn't last for years since the hype already ended.

If P2E is able to offer a more consistent platform that can give good profit to the players them we might see them on a good position again, but until they made such growth, P2E will remain just like and ordinary game. Competition though seems to be more effective with a high reward, this might be the next trend for P2E.

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September 15, 2022, 11:25:06 PM
 #30

With DeFi projects struggling to regain trust since LUNA's collapse, and the current bear market I think this was the perfect time for the play to earn gaming sector to explode, or at least to gain traction in the way Axie Infinity did in early 2021.

NFT?  I think its hyped had already diminished.  And I do not think that the current development of LUNA case will give traction to NFT because lots of NFT made investors lose a lot of money.  Besides a regular investor would stay away from this project because of the Axie infinity market history.  These NFT games maybe become successful but it also made lots of people to go bankrupt.  I feel metaverse will possibly get hyped but I think it won't be a grand hype.
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September 15, 2022, 11:40:09 PM
 #31


<..............>


No doubt, playing to earn games is a really great way to explode the gaming industry in the blockchain sector. But obviously, there are some problems that actually can be a road blocker to this. But we already know how well Axie Infinity has grown. However, due to an unfortunate circumstance, they are experiencing major difficulties, and we now know what the axie is. But yeah, one thing that is actually a problem for play-to-ear games is that there are lots of scams and free-to-play games. What is actually trying to ruin the market? And they are also making some cheap and boring games that actually divert the players' minds from blockchain games. But I hope in the near future we will explode very soon. I hope for the best . This is my opinion. Others can be different. Thank you.
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September 16, 2022, 12:42:00 AM
 #32

With DeFi projects struggling to regain trust since LUNA's collapse, and the current bear market I think this was the perfect time for the play to earn gaming sector to explode, or at least to gain traction in the way Axie Infinity did in early 2021.
All back to the hype of crypto itself. Not all DeFi is represented by a LUNA crash right? there are still many DeFi projects that survive and remain in the crypto circle that is trusted by investors and traders. P2E games are busy among gamers, but they are too interesting for those who prefer to invest directly in their crypto and not participate in the game.

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September 16, 2022, 07:44:44 PM
 #33

My expectation for play to earn games before was too high not until many projects have failed and some of them even turned into a rug pull. Some remaining NFT games still have huge potential but they still need further developments for them to handle and stand firm in every market situation. We could see if they still have a future when the market gets back to normal and fully recovered. NFT teams should apply improvements as early as possible to save their projects.
I hope you learned a lesson by there and that is to not expect too much on one thing as it might only disappoint you later on but I think this can also be applied on the project owners. Maybe they got over confident because they see that their project are doing well and they didn't improve it anymore except only to those who have plans to do a rug pull later on. They don't need to try harder because they will still abandoned it later on.

I don't know if the bear has a connection with the fall of play to earn nft's but let's see if we can see a huge boost on the remaining projects as soon as this crypto market recovers. For now, let us only invest wisely.

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September 16, 2022, 10:30:32 PM
 #34

With DeFi projects struggling to regain trust since LUNA's collapse, and the current bear market I think this was the perfect time for the play to earn gaming sector to explode, or at least to gain traction in the way Axie Infinity did in early 2021.
All back to the hype of crypto itself. Not all DeFi is represented by a LUNA crash right? there are still many DeFi projects that survive and remain in the crypto circle that is trusted by investors and traders. P2E games are busy among gamers, but they are too interesting for those who prefer to invest directly in their crypto and not participate in the game.
Well, it was to say that P2E games is very interesting last year, and the promotion to this platform is so aggressive but as the hype has been done, only real gamers will think that they can still make money from it. And besides, it was not just all about earning as they also had fun doing this. But for those who just after for money while playing this, it was unfortunate that many of them are leaving because they have noticed that the price is not worth it anymore.
But actually, I don't see a reason to see that the crypto gaming sector will put an end, however, only reliable games will be able to survive.

R


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September 16, 2022, 10:46:04 PM
 #35

....
It's just a testament that there are more investors in the gaming industry right now than actual gamers.

There are only a few willing to spend time build their accounts while not gaining much in return.

It's a waiting game for the majority of crypto investors. They understand market volatility and you'll probably see them re-enter P2E games again once the world market recovers.
Whether it would make out some recovery or would be totally close out since each trend or whats new does have its end point but since this market does suffer external economic problems then there might be still some chance that it would really be going into the opposite side and would be getting much attention once again if ever these problems would be over but we shouldnt anticipate for it to happen so that we wouldnt really get frustrated if ever it would really be on its end.
That's just part of market speculation. I do think it's not yet over for P2E games since there are still major gaming companies that are looking into NFTs and  Metaverse. There are also old projects that continue to build despite losing many players due to the drop in their native token's value. It's likely that these projects will emerge again when the dust settles.

Quote
Back into last 2 years where play to earn did really get soo much interest or when that DeFi make out some significant noise but we know that not all would really last forever.
Crappy projects definitely met their end but the very few legit projects are still here.

R


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September 16, 2022, 11:00:01 PM
 #36

no project has yet brought the perfect P2E concept. as far as I've tracked, at least P2E projects will last 1 year at most and finally they are starting to be abandoned by the community because the main factor is the small reward from game missions and the price of tokens obtained continues because of the incompatibility of demand and sales.
Yes, P2E projects are not really perfect, they only focus on making profits, so they quickly collapse when rewards dwindle or token inflation is too high. If P2E projects can solve this problem in the future, then in the long run, this is really an extremely potential area. Nowadays, the hype is gone but P2E projects are still being created and developed, which proves they are not completely gone yet, hopefully they will return in the next bull season.
There’s no hype anymore but still there’s a chance for them to rise again when the Metaverse thing fully hits the market. There’s a lot of disappointment with failed projects but some good P2E is still working and developing their platform, with recent update on Axie this could be a positive update for them. P2E games without profit is not worth it, i choose not to invest anymore on P2E, i will just come back if there’s another hype.
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September 16, 2022, 11:21:02 PM
 #37

There isn't any great game available right now, as far as I know. I attempted to start playing a play to earn RTS days ago, but I couldn't even receive a confirmation email from the game to start playing. Tried few times, waited a while, and nothing, so I just gave up and uninstalled the game right after. These games are still too broken and the ones which work more or less don't offer a great experience to players because they force people to invest too much money or because they offer an hostile environment full of toxic players and bots. If you aren't active 24 hours and if you don't invest money you are only going to be bullied by others.

During the Axie's hype play to earn looked great and promising, but the tendency wasn't able to keep it up and now it's declining. Maybe in few years this scenario changes.

Oh, and those youtube channels promoting every play to earn games around astonished as if they were the most recent gems discovered by humanity and launched by gaming industry are really annoying. Tongue

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September 16, 2022, 11:37:07 PM
 #38

With DeFi projects struggling to regain trust since LUNA's collapse, and the current bear market I think this was the perfect time for the play to earn gaming sector to explode, or at least to gain traction in the way Axie Infinity did in early 2021. Sadly just there aren't any exciting offerings right now that I can see... Illuvium and Star Atlas, two of the first "AAA" games in the space are still in development, and may be for another year or so.

Well if you believe that those games will be big hits and played by a lot of players once they are finished then maybe it is a great time now to buy some of their tokens. The star atlas governance token is very low at the moment for example. I am also thinking about buying a few of those but i am not sure yet because looking at the chart it goes constantly down for months now, so i don't know where the bottom is.
That being said, it is true that the play-2-earn sector is also pretty dead at the moment. The prices just keep on going down just like the rest of all crypto projects. Sadly this also means that it is not profitable to play those games at the moment.
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September 24, 2022, 07:08:48 PM
 #39

I still believe that play-to-earn can still pump itself up. There are still a lot of gamers who are making P2E games as their means of living, and with that I can still see its positive side 💯 there's a piece on technode global on how to get started with P2E, look it up!
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September 24, 2022, 07:40:03 PM
 #40

I still believe that play-to-earn can still pump itself up. There are still a lot of gamers who are making P2E games as their means of living, and with that I can still see its positive side 💯 there's a piece on technode global on how to get started with P2E, look it up!
i said no for the future. if you read all the reviews on each sheet, many seniors say that P2P is indeed a trend or hype this year so there are still many who play there regardless of how profitable the game is and after that the players leave it and games will always appear new games. a lot of P2P lose their players because there are so many players who just want to make a lot of profit and when the game doesn't provide good profits they will immediately leave and move to other P2P.
and P2P will not last long for the next few years because there will be many new trends that are much better than the current P2P

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