Post
Topic
Board Speculation (Altcoins)
Re: NFT Play To Earn can make 50x - 100x?
by
eaLiTy
on 05/06/2022, 20:17:23 UTC
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The Play-to-Earn model has shown itself to be another fleeting trend in the industry. Now these games, p2e tokens are going to zero, and there is almost no trace of the former hype and number of active community. Now the crypto industry is trying to find new trends like move-2-earn, learn-2-earn, etc. The problem of all these models in general, and p2e model in particular, is that users see in it only speculative component, like in most altcoins, and until tokens find utilitarian application and become in demand not only as a tool for speculation, we will see rapid rise and fall of both individual projects and whole business models.
Like you mentioned, the market is looking for more trends to continue the hype, last time it was DeFi and NFT and it will continue like that with P2E tokens and the metaverse and there are many who are waiting to see the promises unfolding when they launch the Metaverse and i am only expecting a few good projects that will survive till the next rally. My expectation is that many Web 3.0 related projects will pop up during the next rally.