Post
Topic
Board Altcoin Discussion
Re: That is why play to earn concept is a massive failure
by
amishmanish
on 20/03/2022, 17:17:33 UTC
All of the games are built on the same foundation, with the exception of skin colour and weapon design. High game entry fees and a high learning curve for new users are discouraging new users from joining the system. Because of the unique teams they have, only early adopters are making a lot of money. The number of unique users registering each day is decreasing, indicating that the hype is fading.
Before you say that, have you check the games that you see on the store right now? Now tell me, what can you see? most of these games do also have similarity but the only slight difference is the name. You shouldn't wonder if the same thing can happen in the nft and metaverse gaming but not all games are high cost and cost in the price isn't only the basis for the players to ignore the game. Have you seen axie? During its peak where the cost of creating a team is too expensive, this doesn't stop players to continue on the game.

It's not only the early comers that can make money but late adopters can earn too but some won't care about how much will they earn but as long as they love the game and it makes them enjoy. Nft and metaverse gaming is still a thing so their hype is not yet fading.
This is actually pretty interesting. The people on iOS or play store searching for games are doing it for the fun of it. This is why they don't care whether the early adopters profited from it or not.

In these P2E games, the whole thing is so skewed towards the early adopters that nobody want to have to pay thousands of dollars to play a game that thousands of others have paid pennies, and sometimes zero money for. This "comparison" automatically leads everyone to try and find their own "first free game" rather than engage with an existing one.

While a few of these games will be able to sustain new players through good game mechanics and graphics, most crypto gamers are really just looking for their next flip or the one moonshot. The "jealousy" factor is pretty high and it is unclear as to how this plays out for new players trying to sign up to such games.