wall Street games, great gamefi pick?

[Bournesparks]

Hey buddies, it seems the momentum on GameFi/gaming tokens has died down for now, with much attention shifting to memes, which is good. However, I believe now is the time to identify promising GameFi altcoins and accumulate before the narrative changes. You'll agree that during the last bull run, alts like Axie took charge and generated impressive returns with their immersive gameplay and competitive modes.

Returning to GameFi, I've been conducting some research and found something undervalued in my opinion: WALL STREET GAMES. I've noticed increased activity on their Twitter account since they launched on the Arbitrum chain and listed their token on platforms like Bitget etc (https://twitter.com/WSGToken/status/1769333904605909451?t=h319Up0MJhDD5s6le_GMAQ&s=19)They've also introduced a locked staking pool and more features. Personally, I believe this project has potential to perform well in the long run when the GameFi frenzy reignites, hence why I'm here. Have you heard of this project? What do you honestly think?..

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[ryzaadit]

Mine opinion?

The gonna to ended the same like other, by seeing their project they're to much on (token & price) topic which mean they're chasing the HYPE. If you check last 3-4 month they really not talk and focused on the game.

My bet scenario, they're chasing the HYPE once the price down they will talk about game and limited price topic ~xd

[nelson4lov]

Unfortunately, I share the same opinion as ryzaadit. When a team focuses too much on price of its token rather than to build and ship updates, it dies out very fast especially when the price starts declining and can't get back the initial mojo it had for pumping the price. But since it's the first time I'm hearing of the project (I did a quick research before this post), I won't completely write it off YET since degenerates of today will pour money into a project even if it has zero to no utility. As long as numbers go up, they're good

[Iamcrypticguy]

Mine opinion?

The gonna to ended the same like other, by seeing their project they're to much on (token & price) topic which mean they're chasing the HYPE. If you check last 3-4 month they really not talk and focused on the game.

My bet scenario, they're chasing the HYPE once the price down they will talk about game and limited price topic ~xd

They've got some plans though, from their twitter page. Maybe they might deliver in the long run. While it's good to be careful, I won't write them off yet. Cos I've seen magic happen in these markets. Will keep a keen eye on WSG moving forward...

[Bureau]

If a gamefi company is not focusing on its game but on its token then it will lose focus. I have mixed feelings about gamefi projects as they have been in the market for some time now and have not trended. The current market looks more focused in meme coins and the next narrative should be AI. There are too many things happening in AI which cannot be ignored. I doubt these gamefi projects will be able to last long unless they come up with interesting games.

[Kelward]

Unfortunately, I share the same opinion as ryzaadit. When a team focuses too much on price of its token rather than to build and ship updates, it dies out very fast especially when the price starts declining and can't get back the initial mojo it had for pumping the price. But since it's the first time I'm hearing of the project (I did a quick research before this post), I won't completely write it off YET since degenerates of today will pour money into a project even if it has zero to no utility. As long as numbers go up, they're good

I'm hearing of this project too for the first time in this thread, although I'm not a fan of gamefi, but I can't write it off too, I don't think that it's a scam project, but I can't predict whether it'll give it's investors returns on their investments. As members have observed, the team is more focused on the token and it's price, which is ok, but they also need to also focus on the game itself, so people can ignite interests in it. Let investors that have interests in crypto games research it more and decide for themselves, I'm all for Bitcoin and top altcoins.

[Ben Barubal]

     I don't know, but as long as many gamers around the world think so, that will remain. Apart from gamers, there are still people who enter gamefi even if they are not gamers because there are investors who only focus their interest on the potential of the coin or token and not on the game itself.

    I'm not a gamer, but I'm just an investor; if I see potential, I'll have an interest in the potential value of the coin, even if I don't know anything about games or what's called play-to-earn.

[Coin_trader]

If a gamefi company is not focusing on its game but on its token then it will lose focus. I have mixed feelings about gamefi projects as they have been in the market for some time now and have not trended. The current market looks more focused in meme coins and the next narrative should be AI. There are too many things happening in AI which cannot be ignored. I doubt these gamefi projects will be able to last long unless they come up with interesting games.

Checking the update on the reference given by OP, I don’t see any update that focus on the price but rather some upgrade and partnership that is vital to improve the game and token valuation. The only way to boost the price of a utility token is to have an update on the game and have a various listing on popular exchange that requires working product and strong community before it’s listed.

Those minor listing that the team keeps emphasizing on their announcements are really worthless and that’s what focusing on the price means. The OP project listed above is a bit decent for me because it has a balance development and token price valuation.

[mk4]

Are you really bullish just because they have an exchange listing and because they have basic crypto features such as staking?

Also, have you even tried their games, or at least taken a look at the reviews of their app? Because I'm pretty sure it's hard to be bullish on a token if the product itself is shite (seriously, take a look at the app reviews).

[batang_bitcoin]

Never heard of it and it came from you that they're done. And most likely projects like this on this ecosystem is hard to do a come back, they won't be exterminated and they will continue to exist but then, if it's about their value they won't be back anymore to their former highs.
I don't want to take a look at such projects but who knows what can the power of hyping can do to a project right? We're just giving our opinions towards it and no one knows where it is going.

[Bournesparks]

Unfortunately, I share the same opinion as ryzaadit. When a team focuses too much on price of its token rather than to build and ship updates, it dies out very fast especially when the price starts declining and can't get back the initial mojo it had for pumping the price. But since it's the first time I'm hearing of the project (I did a quick research before this post), I won't completely write it off YET since degenerates of today will pour money into a project even if it has zero to no utility. As long as numbers go up, they're good

I'm hearing of this project too for the first time in this thread, although I'm not a fan of gamefi, but I can't write it off too, I don't think that it's a scam project, but I can't predict whether it'll give it's investors returns on their investments. As members have observed, the team is more focused on the token and it's price, which is ok, but they also need to also focus on the game itself, so people can ignite interests in it. Let investors that have interests in crypto games research it more and decide for themselves, I'm all for Bitcoin and top altcoins.

I don't think that's correct. I think the team is focused on building and making partnerships from what I can read and price trend is following this. Let's watch, this might just do well ahah..

[Sophokles]

The whole market looks bit stagnated. So it seems the market lose all the hype and interest but this is not the case. AI and GameFi is still trending among the investors and even in this time of uncertainty new gamefi and ai making multiple x for their investors. Some of the gamefi project like vanary is making big Partnership with some giant companies.

[God bless u]

I agree with you up to the first point you mentioned that the market is shifted to meme coins and it's the right time for investments into gamefi projects. Once the meme coin hype will end people will be automatically again redirected to gamefi projects.

But the other project you mentioned is not the right choice as far as my research is done. They have more focused on marketing their token and playing on the price. You have to think that the major purpose of these projects is to be focused on their core that's gaming. Tokens and pricing are secondary things. If the gaming experience is good people will be automatically directed towards the project. From the previous couple of months they have introduced no development into their gaming sector so that's making it a little ambiguous.