Hey guys, how are your New Year celebrations going? For me, I’m spending it with family.The same as mine, spent well with my family.
I’ve been thinking about the GameFi sector for a while. Other sectors have been booming, but GameFi hasn’t been performing as well.I don't know the projects that you have mentioned. But I am no longer optimistic with the gamefi's. The hype that has been built there was already done IMHO. If you have something to risk for in there then that's fine and make sure that you can afford that to lose. But if you're going to put your faith and hope on it with everything you have, you better think twice.
I’ve also been watching some altcoins like BigTime, Nyan, and SONIC. They’re related to this space, and I believe they’re a good risk since GameFi is still in its early stages and the ecosystem needs a push. What do you think? Could this year be like 2022, which saw explosive growth in GameFi tokens?
I don't know the projects that you have mentioned. But I am no longer optimistic with the gamefi's. The hype that has been built there was already done IMHO. If you have something to risk for in there then that's fine and make sure that you can afford that to lose. But if you're going to put your faith and hope on it with everything you have, you better think twice.I have a bit of faith in the future of GameFi, as gamers enjoy experiencing new technologies like blockchain and receiving rewards in the form of crypto. Gaming is also a significant industry of the economy. If developers can create good enough games on blockchain or integrate crypto reward mechanisms for gamers, GameFi will make a comeback in 2025.
Same here. Just moved myself away from the forum for a while to spend it with my family. There were some fights that happened because both parties are drunk, but overall, it was a happy celebration. :D
Hey guys, how are your New Year celebrations going? For me, I’m spending it with family.
I’ve also been watching some altcoins like BigTime, Nyan, and SONIC. They’re related to this space, and I believe they’re a good risk since GameFi is still in its early stages and the ecosystem needs a push. What do you think? Could this year be like 2022, which saw explosive growth in GameFi tokens?2025 will be the year... but not for GameFi unfortunately. GameFi projects will continue to exist and throughout the years, there will be new games that will be created, but this isn't the year for them. There will be a new category that will emerge and that will create a hype around the crypto space. What category? Maybe memecoins? Maybe DePin? Maybe Tap-to-earn projects? We don't know, but there will be a particular category that will stand up among others like what happened in 2021.
I’ve been thinking about the GameFi sector for a while. Other sectors have been booming, but GameFi hasn’t been performing as well.There is nothing interesting for the GameFi sector right now... we have passed that time and even the hype is over.... even if we explore further about the current phenomenon, it is very impossible for GameFI to surface again.. it seems that the crypto community is now starting to look at Trump-related PolitFi tokens that have skyrocketed in the last few days...
I’ve also been watching some altcoins like BigTime, Nyan, and SONIC. They’re related to this space, and I believe they’re a good risk since GameFi is still in its early stages and the ecosystem needs a push. What do you think? Could this year be like 2022, which saw explosive growth in GameFi tokens?
As I said before, the complete failure with coins Hamster Kombat and its copycats as well as any graph from the other wave coins, like Axie Infinity for example is enough to make anyone think twice before taking a shot at it. Temporary fomo and pump and dumps for sure, but an actual project that would still be around for more than a year , I doubt it.GameFi 2021 was quite crazy with too many unrealistic expectations from investors. We heard that gaming is a big demand and everyone is ready to Play to Earn, meaning blockchain and crypto have truly entered our lives and met the essential needs of millions of people. The reality is not rosy, GameFi has failed with the disappearance of many projects and has not been able to recover.
I’ve been thinking about the GameFi sector for a while. Other sectors have been booming, but GameFi hasn’t been performing as well.GameFi currently only uses games as its cover, the game model in it is not entirely fun... even the missions created are clearly not much different from interactions with the game owner's social media to get money...
I’ve also been watching some altcoins like BigTime, Nyan, and SONIC. They’re related to this space, and I believe they’re a good risk since GameFi is still in its early stages and the ecosystem needs a push. What do you think? Could this year be like 2022, which saw explosive growth in GameFi tokens?
GameFi currently only uses games as its cover, the game model in it is not entirely fun... even the missions created are clearly not much different from interactions with the game owner's social media to get money...I also consulted MIR4 in 2022, it has an interesting story and attractive gameplay similar to many traditional games in the market. However, it still failed to attract player participation, it was just a place for investors to exploit the metal in it. The Earn factor still wins over the Play factor, that's the imbalance that the developer hasn't been able to fix.
I prefer the concept of several games in 2002 such as Mir4 where someone has to compete with other players to get resources in the game that can be sold on the market using NFT... it's more interesting, because the competition is very exciting and becomes part of the game...
The quest is always related to the game, we are not told to visit their YouTube videos or we are not forced to follow their social media accounts... what exists is the game, while interaction with social media accounts is only optional...
Look at GameFi now, especially those based on mobile devices, it's really just a cover... in fact, the game is not fun enough.