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 you are investing on a slowly dead project in the future if the project is still not completed yet since this play to earn games only get there profit on token value. Devs is liquidating there tokens to fiat to cover there development fund in the long run. Developing a project in the long run with less fun are surely gonna fail in the future. Axie is one of the P2E project that almost completed there game but still the price of there token sinking due to low demand on this kind of tokens.
Investing on P2E games nowadays is very risky because there’s only few demands ATM on there tokens.
There is a possibility that they will disappear after this bear season, or maybe they will continue to create another explosive trend in the market, it is quite difficult to predict what will happen in the future. But it's obviously too risky to invest in P2E tokens these days. Further risk when OP invests in unfinished projects, and unfinished products while the token value has decreased by 93%, the possibility of OP losses is quite high.