Do you think Play to earn niche will rise again?

[MrSpasybo]

IF in GameFi huge gaming studios take part then things will change, otherwise the GameFi will remain as a flop model in crypto world. I've never seen a good crypto game whose main focus was on gameplay because each play to earn game was created in a way to give fake hope in the minds of the investors that they could earn profits by purchasing NFTs.

In the end always those project owners were the ones who made profit while majority of the investors faced huge losses when the tokens of those play to earn games start losing value. There was a game named Thethan Arena which got attention of the investors in its early days and if I'm not wrong then in its early days NFTs were costing over $1000 but now most of those NFTs are selling at $10 for less than $2.

Some of the world's largest game publishers have entered GameFi after seeing its potential, meaning we will have many new games to experience and earn money in the future. Currently, we have many traditional games with the function of earning money through tournaments or buying accessories, which means that the opportunities and directions for GameFi are still very clear and potential.

However, the GameFi trend has not returned yet and most of the old games are no longer played, NFT prices are not supported at all and most of them have returned to $0 or been delisted on NFT marketplaces. I don't think this is a good time to play games and earn money, maybe investing in native coins of gaming platforms will be more suitable and potential.

[SamReomo]

I don't think this is a good time to play games and earn money, maybe investing in native coins of gaming platforms will be more suitable and potential.

I agree with you, at current situation one should avoid investing any money in those play to earn games and instead of that one may invest the money in native coins of the gaming platforms as those could gain value because of the bull run.

I even suggest them to do deep research on those gaming platforms and then buy their native coins and when they see 10% or more increase in value of those coins then they should sell those native coins to make some profit.

[taufik123]

I agree with you, at current situation one should avoid investing any money in those play to earn games and instead of that one may invest the money in native coins of the gaming platforms as those could gain value because of the bull run.

I even suggest them to do deep research on those gaming platforms and then buy their native coins and when they see 10% or more increase in value of those coins then they should sell those native coins to make some profit.

I was stuck and had a lot of losses on P2E games and didn't even get any updates to date.
I didn't buy in the form of coins, but it was in the form of NFTs that eventually plummeted in price and were not even worth it anymore.

I wouldn't suggest getting into obscure P2E or even investing in p2E gaming platform coins because in the end it will just be left out and the price of the coin has no power to rise.

If you are still making a profit, it is better to just sell it, it is still better to save and invest in the top coins that are obvious.

[luckyledger]

There will be lots of projects, which, unfortunately, going after the fame which NOT had, won't have such good intentions or drops like the one we had. We shall always stay vigillant because of that, so our time and effort would be spent on the projects that really deserve it.