Re: Will Gamefi continue to thrive in the crypto space ?

Reality check is that gamefi is no longer potential trend in the crypto. All of gamefi are trading nearly their ATL. No significant impact happen to these gamefi tokens even after Bitcoin breaks new ATH. Don't hope to much on gamefi. This sector is literally dead at this moment.

No users, no good game, no value, and just pure pump and dump. Gamefi token such as AXS, Decentraland, or Sandbox never get the traction. Also their games are like 1900s games. Not even worthy enough to be compared with 2010 - 2019 games. Don't be alergic with the reality because this is the truth.

In terms of quality, it's still poor. The games offered aren't engaging. GameFi on Web3 currently only fills a niche without any fun gameplay. Even when I tried the MOBA games offered, they felt like children's games, lacking the value we experienced in 2000.

However, whether or not it develops depends on the game developers on Web3. I think there's still progress, albeit passively. There are many difficulties in building GameFi projects. In addition to the game system, the financial system must also be built neatly. It's important to remember that people enter finance for profit, not enjoyment. So sometimes I think this becomes irrelevant.

Hard to find Gamefi developers who seriously developing their product. Gamefi has been exist since a few years ago, but nothing improved. The quality of game is just meh. It doesn't have sustain economic play to earn as well. It's hard for them to survive when their product have no users, and can't generate revenue.

I think Gamefi is finished.

They are not finished, they are just passive, alive but not seen alive, I think if FIFA enters here with the PlayStation mechanism in the game industry it will be very interesting, but it still has to have a solid position in terms of finance and also projects, because if you pay attention to the projects that always appear, in terms of management systems and developer dedication, they are not serious because they are very inefficient in building a more advanced GameFi.

Their participation is somehow interesting and this will revolutionize the GameFi industry especially the big names would enter on the NFT scene.

But for now its like we might see them thinking about joining the scene since maybe they don't like the idea joining on questionable matters. But looking forward on their presence since this is really a big thing in the industry. Usually what we are seeing are scams its because to many jerk are exploiting the scene and take advantage on the wants of people that's why the fame of Gamefi at the moment subside.

But I believe Gamefi is not done since for sure there are still great things will happen in the scene.