Almost all good play to earn games that I am looking up to are not completed yet and their tokens are already down marginally, most are down to 93% in price, do you think that after the products are completed some play to earn games can be successful? What do you think about the future of projects like Monkey League and Thetan Arena on the long term.
I think that the current state of play to earn crypto projects is basically exactly the same as the one of all the other crypto projects at the moment especially those that only appeared within the last 2 years or so. The whole crypto market is still based around hype cycles in my opinion and one of those cycles that were ongoing in the last two years was the play 2 earn games. During the height of the hype wave there were dozens of new p2e projects coming up each and every day.
Now that we are in a bear market that is already ongoing for several months it is not a big surprise that most of those projects are already dead again or almost worthless. I think that only a small percentage of all p2e projects will still be around in a few years.