Blockchain gaming is long haul, indeed in bear advertise I accept that diversions like axie interminability and others will proceed to do well since numerous individuals are making a living off blockchain recreations as we talk, the selection rate will never halt.
How long the blockchain gaming can exist totally depends on its tokenomic mechanism. I think that if you're taking an example about axie and then you should have read this article.
https://medium.com/@BillGains/the-hidden-danger-to-the-axie-economy-that-nobody-is-talking-about-5e1bf4b43ebbThat will give you a good knowledge if axie didn't have a proper tokenomic mechanism for the long term and i do agree with already written by the author if axie can't sustain for long term with its mechanism. I like how the author was explaining it all so well on his article. The problem is PTE needs its tokenomic to be fully balanced. I meant the burn and minted token should be 50:50 to make it able to sustain for long term. There are not lots of people who have been talking about this and they are only talking about the short term speculation for axie. people are only thinking about how to grind more and more from play to earn without thinking about how long it can exist.
I am so aware of the main weakness with the P2E model and in my estimate Axie Infinity is now heavily feeling the pinches it is encountering with the continuous minting or production of the SLP token the market is going down and is not anymore returning to its ATH. This is going to be true with many other games. Just recently a friend of mine started with CryptoBlades and PvU...and with these two game he was not able to recoup the money he initially invested...their tokens are almost worth nothing at this time and people are starting to leave when they are not happy not getting good financial return of what they are doing. Axie is a good candidate of being able to balance the whole thing...but let's see.