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Author Topic: What are your thoughts on the play-to-earn model in crypto gaming?  (Read 1730 times)

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Re: What are your thoughts on the play-to-earn model in crypto gaming?
« Reply #15 on: March 16, 2024, 11:49:07 PM »
All P2E nowadays is pretty hard to sustain based on how it works most of the players from what I can see are players who do multiple accounts and bots just like on Pixels I do played this with VIP 3 months I already got the ROI after 2 weeks of playing this game but since the game keeps changing and the algo how the pixels distribute reward is now hard and I can't earn more than 3 pixels a day. I don't know if its due to bots or it is intentional.
Pixels also always have withdrawal issues which is obvious they don't want people to withdraw and dump the token.

However, since there is a big Bitcoin event coming I'm not sure but I believe their token will skyrocket.
The Pixels team is also very active every week they have some events and give some ideas and new plans for the game that can make the game more exciting.
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Re: What are your thoughts on the play-to-earn model in crypto gaming?
« Reply #15 on: March 16, 2024, 11:49:07 PM »

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Offline Mr. Magkaisa

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Re: What are your thoughts on the play-to-earn model in crypto gaming?
« Reply #16 on: March 17, 2024, 11:41:27 AM »
All P2E nowadays is pretty hard to sustain based on how it works most of the players from what I can see are players who do multiple accounts and bots just like on Pixels I do played this with VIP 3 months I already got the ROI after 2 weeks of playing this game but since the game keeps changing and the algo how the pixels distribute reward is now hard and I can't earn more than 3 pixels a day. I don't know if its due to bots or it is intentional.
Pixels also always have withdrawal issues which is obvious they don't want people to withdraw and dump the token.

However, since there is a big Bitcoin event coming I'm not sure but I believe their token will skyrocket.
The Pixels team is also very active every week they have some events and give some ideas and new plans for the game that can make the game more exciting.

 -   Well, at least it's good for you that you are experiencing profit in the game of pixels, even though there are changes compared to the previous two weeks, as you say. But it is true that there is potential for the price to rise in the market, and no one knows when that will happen.

I'm new to pixel games, and I'm still learning them while I'm playing them at the same time. I'm still a little confused, but I know I can play them, as long as you really understand something.

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Re: What are your thoughts on the play-to-earn model in crypto gaming?
« Reply #17 on: March 17, 2024, 12:00:08 PM »
They did make out those adjustments and trying out to balance on everything.

I think balancing is really the key and definitely not so many are successful in this regard as far as the P2E gaming industry is concerned. Now, in my view, P2E is really doomed right from the very start...and in many cases we know that most of the paying players are there just to make more money and not really because they like, love the game in the first place. Now, there is a big problem in the tokenomics of P2E as the gaming is actually producing more and more coins or tokens making the whole thing inflationary and not deflationary...the more is made from P2E the more there is a likelihood the value of the token will go down and once it would start to go down there can be a direct effect on the attractiveness of the whole scheme so players will stop playing and will stop investing as ROI is now low. The critical area is how the P2E platform can increase the demand for the token as the numbers of tokens being produced is also climbing...and in many cases burning of tokens can never be enough.



Offline Parvas Hasan

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Re: What are your thoughts on the play-to-earn model in crypto gaming?
« Reply #18 on: March 18, 2024, 08:54:20 AM »
In the rapidly growing GameFi ecosystem, many projects promise innovative Play-to-Earn (P2E) experiences but fail to deliver. However, Creo Engine stands out as a protocol purposefully designed from the ground up to enable true economic gameplay opportunities. With a keen focus on interoperability and asset ownership, Creo Engine provides the ideal foundation to build a sustainable P2E metaverse.

As far as I know, it's listed on many exchanges like Bitget/mexc/bitmart.

I told you, as I know.

Offline JaoBadjap

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Re: What are your thoughts on the play-to-earn model in crypto gaming?
« Reply #19 on: March 20, 2024, 02:14:24 AM »
Play to earn games promise is really good. But in the long run its not that sustainable, in some reasons.
The word play to earn is most likely defined as really play to earn. but in a real sense. Most of the game are played to earn in the beginning, but if the game really target to stay in a long run. most of the game become really competitive and really needs to pay first to earn. i tried some of this game and most of the time. its token/nft's lost its value do to either unlimited amount of token or its limited then the game would switch to another token making the first one unvaluable. But then again, some of the game becomes more competitive promising rewards, burning mechanism, or a switch on demands for the coin/token it rewards the player making a sustainable economy.

The idea of having a greater reward without having the demands for that rewards is not that sustainable at all. Most of the time the demands is meet on the beginning phase of the game. And when all the players meet the certain or required upgrades. Its like the end of the game. No Demands at all, and killing the economy of the game.

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Re: What are your thoughts on the play-to-earn model in crypto gaming?
« Reply #20 on: March 20, 2024, 12:24:59 PM »
But there are other investors who only invest in game tokens and have no interest in actually playing.
I'd argue that the majority of buyers have the same mindset. After all, playing requires time and capital if they want to make it profitable, and most don't want to invest those into a risky game. CMIIW.

hold events to keep increasing the tokens they have so that they remain useful for those who are playing this game. Lots of game projects have been created, such as those you mentioned, PIXELS, Gala and Smooth Love Potion Price (SLP). and currently they still have a good price on the exchange.
What do you mean by increasing the token? Are you saying that increasing the circulating supply of the token will benefit token holders? I'm surprised if that is true, considering the larger the supply, the price will decrease if there's no demand increase. I don't think it is that different for gaming tokens. Is that not the case?

The idea of having a greater reward without having the demands for that rewards is not that sustainable at all. Most of the time the demands is meet on the beginning phase of the game. And when all the players meet the certain or required upgrades. Its like the end of the game. No Demands at all, and killing the economy of the game.
That's a nice analysis. This just makes me recall several gaming novels where the MC keeps finding new powerful weapons so he can sell them to make tons of money, but I guess it is not that easy for a P2E crypto game. Especially if their game is not attractive, to begin with. I wonder if those will change if a game as interesting as FF14 uses this model and rewards the users with something else other than tokens. If that works, maybe we need to have a great game and improvement in public perception towards crypto if we want it to be mainstream. Not as simple as minting tokens, feeding tokens, selling tokens, etc.

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Re: What are your thoughts on the play-to-earn model in crypto gaming?
« Reply #21 on: March 28, 2024, 02:42:45 PM »
Right now, Defi games are pretty quiet in the crypto space, maybe because I'm not that much of a gamer, but who knows if one day the coins under Defi games will suddenly become noisy in the future, especially now that we're facing a bull run?

But I still see a lot of crypto games played by gamers on YouTube and other social media platforms. And until now, sometimes I still play paly to earn games, but it's just for fun, not to earn in the games.

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Re: What are your thoughts on the play-to-earn model in crypto gaming?
« Reply #21 on: March 28, 2024, 02:42:45 PM »


Offline gunhell16

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Re: What are your thoughts on the play-to-earn model in crypto gaming?
« Reply #22 on: March 28, 2024, 06:02:27 PM »
Play to earn games promise is really good. But in the long run its not that sustainable, in some reasons.
The word play to earn is most likely defined as really play to earn. but in a real sense. Most of the game are played to earn in the beginning, but if the game really target to stay in a long run. most of the game become really competitive and really needs to pay first to earn. i tried some of this game and most of the time. its token/nft's lost its value do to either unlimited amount of token or its limited then the game would switch to another token making the first one unvaluable. But then again, some of the game becomes more competitive promising rewards, burning mechanism, or a switch on demands for the coin/token it rewards the player making a sustainable economy.

The idea of having a greater reward without having the demands for that rewards is not that sustainable at all. Most of the time the demands is meet on the beginning phase of the game. And when all the players meet the certain or required upgrades. Its like the end of the game. No Demands at all, and killing the economy of the game.

It's true that it's not really sustainable, because most of the time a game is hot in play or earn games. A lot of people have seen that during the era of Axie Infinity's popularity, to be honest. Will there be a new play to earn for a few days? The previous ones will definitely earn a lot right away, and then after 1 week it's gone; it's like a bubble.

That's how it is with play-to-earn games; now we don't know if the intensity of the hype of play-to-earn will repeat again in these times that we are living in now.
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Re: What are your thoughts on the play-to-earn model in crypto gaming?
« Reply #23 on: March 30, 2024, 08:19:07 PM »
Well talking about this, I think some see it as a revolution, but others are skeptical. Do you believe P2E offers sustainable value for players? What concerns, if any, do you have about this trend? Like which project do you think is perfect to be a p2e project?
The revolution in cryptocurrency is always changing all the time and this is what allows us to understand what business changes are.
Business changes in the cryptocurrency industry are very rapid, starting from Bitcoin as the first cryptocurrency, Ethereum as the mother of all tokens, Meme coins such as DOGE, SHIBA, PEPE, wallet, DEX, CEX etc.
Play to Earn or P2E is also part of the changing business in cryptocurrency whose results are currently very satisfying for those who are involved in it because they can generate a lot of funds.
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Re: What are your thoughts on the play-to-earn model in crypto gaming?
« Reply #24 on: March 31, 2024, 01:18:01 PM »
However, since there is a big Bitcoin event coming I'm not sure but I believe their token will skyrocket.
If you think some of these gaming tokens would pump, then maybe just focus on buying them and sell your bag later. I think that strategy is less time consuming but still profitable.

To be honest, you are probably going to earn more if you participate in events leading to upcoming airdrops than playing P2E games.

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Re: What are your thoughts on the play-to-earn model in crypto gaming?
« Reply #25 on: April 01, 2024, 12:35:24 AM »
However, since there is a big Bitcoin event coming I'm not sure but I believe their token will skyrocket.
If you think some of these gaming tokens would pump, then maybe just focus on buying them and sell your bag later. I think that strategy is less time consuming but still profitable.

To be honest, you are probably going to earn more if you participate in events leading to upcoming airdrops than playing P2E games.

Yeah, that's a good idea but I'm playing pixels but it's not time-consuming I just do plant and craft and sell them on the marketplace for 15 minutes and do some tasks for 30 minutes.  After 4 hours I can go back to the game again, harvest all the plants, sell to the market, and do some tasks again.
I don't think it's time-consuming I just do it in my free time and the token that I earn from the game I also use it for trading their token is not so volatile unlike other memecoins but if you have a bit of technical analysis you can earn from their token bit by bit due to ups and downs.
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