Scam alert: I will never contact you. Don't look up the tokens mentioned in the comments (they are scams). Be very skeptical in the comment section. Be safe
I cannot over emphasize the importance of being an experienced trader to make good returns off the crypto space, else you'd join the group that call it a gamble. Those that understand the market trends always seem to be a step ahead and apply adequate measures to stay secure no matter the situation.
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Great video, considering I am working on a Play and Earn Game. The whole idea is to keep funds coming in from several sources. One key I am looking at is treating it as a pay as you go game. This will allow players to continue to play and earn and even potentially earn more as sponsors are added to the mix.
Runescape also is a p2e game. Any currency you make in the game, you can sell for cash. So if runescape were to tokenize their gold and take money from all transactions, what would be the difference?
I'm DCAing in AMZSB7 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
I hope you are considering "how" to overcome the obstacles mentioned in this video. I think there is a good use for blockchain in some games but it should support the "fun factor" primarily. The content of this video is exactly why I don't play NFT games.... because they are all dumb and boring right now. However, I play "New World" and people farm gold and sell it for real money. I believe this is where blockchain could help. People will always do such things and Devs get nothing out of it and they endlessly attempt to ban and stop the activity in futility. Devs can implement blockchain into their economy and allow players to sell their gold to each other for real cash (or crypto in this case). However, the problem with this, though Devs are rewarded in small transaction fees, is that the game can become a pay to win model and rewards players that have cash to throw away at the game. Regardless, I have wondered how an in-game economy that is an actual crypto coin would function. I suppose right now it is too tasking to implement such a concept. I also considered NFTs to be weapons and armor that players use instead of it being their actual avatar. Regardless, I hope you succeed in your implementation of play to earn concepts
@@MilVetGaming Don't wonder. Most Steam games have such functionality. The CSGO skins market is rife with RMT To the end user, there is no functional difference between a Blockchain hosted internally and a transaction database
Welcome back ser! Great video as usual. Opened my mind to a newer perspective regarding blockchain games when you mentioned how it does work but doesn't mean it has to be on there.
Best P2E model is something simallar to csgo, where the earning part isn't actually the main premise of the game, for a p2e game to be succesfull it needs to first of all you make a good game, and add a economy on top of that
CryptoKitties is probably a good example of a game that makes sense on the Blockchain, but I agree that a lot of other games are not really necessary there.
Valid points about fun/earn mechanism. I feel your overall "not needed - all P2E will die" approach is a bit premature as we haven't even fully built out our layer 1 blockchains, which will later create more powerful tooling for game devs. Way, way too early for this take. P2E could be in-game currency which could be the same one players can use their fiat(money) to purchase if they want to expedite the grind if you will (P2W). I think there's a way we can incorporate P2E without imploding the system (more like a bonus or additional route) not so centric on fiat gains on the backs of noobs.
Excellent explanation, mate. If only NFT games weren't all about pump and dump... Hopefully, my newfound game will not disappoint. It's known as the FAKETOWN metaverse game. Feel free to do some research about this game as well, mate.
Some great explanations! A few potential mistakes: 1. “External rewards reducing internal motivation” is a theory in psychology that is very specific to certain circumstances. Quite a few researchers argue that external rewards reducing internal motivation does not actually exist. I haven’t done the research to give a very knowledgeable opinion on the matter, but to assume it’s true is not necessarily the best assumption. 2. The potential blockchain offers in your fourth point is oversimplified. What you said was not wrong, but I don’t think it was best representation of the potential the technology has to offer to the gaming space, and why it is used. For more info on token based economics check out our research at Economics Design
As for your #1....just look at the public education system. They reward the misbehaving/disruptive students while looking past the well-mannered and behaved students. The disruptive students continue to manipulate the system while the academic results continue to fall and fall.
@@bluessrv1 reward the misbehaving? u serious dude in my country all misbehaves got punishments haha not rewards and why would they reward the misbehaving? ur not making any sense haha
Thank you so much for your hard work! 😊 Just a small off-topic question: 😅 I have these words 🤨. (behave today finger ski upon boy assault summer exhaust beauty stereo over). I’d be grateful for some help. 🙌
Making a functional game tokenamics is notoriously difficult and most developers know this very well. Even Gala games recently suspended their earnings rewards due to high inflation. I think most blockchain games being made just because the developers want to make a quick profit.
P2E games are a good way to make easy money, but only if you're early, and the market is booming. Also, it's a good idea to always sell any reward tokens especially if it has an infinite supply. Everyone else will be selling too and the price always crashes.
About Gaming - the fact that you can own in game items and trade them will kill all competition eventually. Of course, right know gaming companies don't want it - its their profit, creating and selling new items. But there are simple ways to earn from it, and probably way more than now - for example adding a small tax on every transaction of the nft, that will go to the creators. And it is something a lot of gamers craving for. Seems (and very hope) that it will become very soon the new standard. Great channel, thank you a lot!!!
Great video. What do you think about Legends of Bezogia? It represents the birth of Decentralized Gaming-as-a-Service (DGaaS), do you know anything about it?
You could put code in the NFT that if someone sells the in game item to another player in the in game marketplace the original owner being the game studio takes a cut from it. It still works. Also creating this in game marketplace and creating a used marketplace could entice more players to play the game and that in the end would make more money. Also limited edition items would work. There is a lot there that you never talked about that could make a game work extremely well on blockchain. Even I haven't said everything.
so the nft being your item ingame can have a added code every time its sold the gamecompany gets a cut thisway you dont reduce the customers sonce the item can even go up in value
i think the game should have a inside tradable market, FTT from FTX is the perfect example. The fees of every order is a token FTT, because the exchange has value. if we have a fps i think is possible tokenize kills and make tradable with a main crypto (liek happen with BTC that is the mainb crypto to trade with), that create a fluctuaction and trading them you can earn money cause like FTX exchange has value. other example RTS u can mine wood, steel,. food, energy etc... u can trade the source you find in game with other player cause not every world have the same reasource, and when you can trade them you can create value, the value of the exchange as free market that is a foundamental concept in finance. however some resource like the tokenization of wood can be stakable coins*
MAD Backpacks will never die! this is the first Find2Earn. you can collect coins in the game on the streets of your city and exchange them for real tokens ($WWY). my favorite game^^
We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@@jamesdrew296 You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.3m in net profit across high dividend yield stocks, ETF and bonds during this red season.
@@Stephenfanos37 How can I reach out to this coach? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?
I totally agree! Investment has also changed my life financially and I have heard a lot about investments with Expert Kiana and how good she is, please how safe are the profits?
This post is so valuable and so honest. I am very grateful for this content, I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do?
There are games that are being develop under GALA which are fun like spider tank, Mirandus, and many other games which for me your stressing out the beta games of Play 2 earn games. even in Waxp has a ton of fun games. take Big time for example or sandbox. Axie is true that its not fun but you should reconsider your example of Play 2 earn in your videos.
Here's the thing....your content is on point when explaining what crypto is and how it works. This opinion piece is a massive deviation from that and I think you should stick to facts rather than opinions.
Counterpoint: much of what comprises crypto today has already been covered, so WBC is attempting to evolve the channel and remain relevant. You have been invited to share your ideas in the forum created by this video. Many people agree with the points made: if you don't, then why not state what is off base and teach the people something?
I think the way you're presenting Play2Earn is more the mindset of you play the game for no reason other than to solely earn tokens. I fully agree on this being a horrible business model and completely unsustainable because it's just flat out not fun. But I do believe that there's different types of "Earning", as an example if you have a blockchain card game you don't earn tokens you earn the cards. The cards are then yours to trade and sell on a free market just like a real physical card game like Magic the Gathering. Card games are a perfect opportunity to create a successful P2E business for somebody because the Game Company can sell new packs and then also take a small percentage of the fee of trading/selling your card to another player. I have to disagree with your stance on blockchain cosmetic items not being necessary and potentially being harmful to the games company over just selling the item in their own personal games store. If we use League of Legends as an example, LoL's had tons of skins that have gone away never to be acquired again. People have sought after these skins so much as to even purchase accounts for thousands of dollars that have the skin since they're not transferable. Imagine if that skin was a transferable NFT and someone purchased it for $2000~ 5 years after it released every single person involved in the transaction is happy because the seller made a tremendous amount of profit, the buyer got the skin he wanted on his own account and the games company could have taken 2.5% of the transaction and made an extra $50 off the sale on a virtual skin they sold years ago. MMO's also have the perfect capabilities of being an extremely good use case for Blockchain tech because people want to purchase others gear. Anyway good video and good discussion
Special rare skins in League will be available on some special occasions, also the only but big difference is they build League, Dota, CSGO,... as fun first games, they focus on the fun and sustainable game environment, tournament, community,... to maintain the retention rate first. Meanwhile, I would say every gamefi projects is built around financial system, not the game itself, got your point tho.
Hey bro, can you please make a detail video on Market cap, fully diluted market cap. volume. circulating supply.max supply. fully diluted valuation. please make a complete video explaining these topics. love from India.
While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example AMZSB7 will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.
Totally agreed , I think the biggest issue is the second one , most Blockchain games are not real games but just financial terms. It's impossible to make every player earn but if the game is good enough some are willing to pay and have fun. I have friends make a living by playing WOW for years.
This post is so valuable and so honest. I am very grateful for this content, I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do?
I think for crypto games to survive, they need to change their core concept. P2E is not good because you'll only attract people who only want cash. It think it's best to change to a Play and Own concept because you actually own the stuff. And make a little money on the side. So, the devs should focus on making the game fun and say you actually own the in-game items. Instead of getting a big payday. But again, I may be wrong. I still believe in blockchain games and I like the concept of actually owning your stuff. I think the whole P2E industry needs to have shift in thinking in order for it to survive. Just my opinion though.
Totally, game shouldn’t be play 2 EARN, but instead PLAY and maybe earn. Having ownership of digital assets and real world values of these assets is totally revolutionary and I’m sure it will thrive, but only if it’s well implemented
@@jonathanayotte9736 Yes, that's the thought I wanted to get across. If only they implement the Play & Own concept well, then I think maybe blockchain games will thrive.
Play-to-Earn probably not sustainable. Play-and-Earn or Play-and-Own is probably more so where the model is going. However, I think the magic of web3 gaming will not come from financial incentives, but from the types of games that the blockchain can enable. Like Eternal games that last forever as long as the underlying blockchain exists. Games where all resources are player owned and tradeable. Modular games where players and developers can select maps, features, etc. they want to use without purchasing an entirely new game or DLC pack. Blockchain in gaming quite literally gives the power to the players. Let me use a real-world example of why this matters. Imagine you and your friends just bought all this awesome paintball gear and go to your favorite spot to play a game. However they make some rule changes that don't let you use the gear you bought! In the real world, you can quite literally pick up your toys and go play somewhere else. However the other places may be cost prohibitive or too far away to be feasible. Similar things can happen in a game. Developer nerfs your characters/weapons or no longer supports your favorite maps, or whatever. With blockchain gaming, the items are yours, so someone could just build a new module that supports the gameplay you like and you can take your digital items and go play with that new module instead. I'm sure there are more examples but that’s what I can think of without additional research.
The only game that is TRULY p2e ready and the bible for all games aiming towards this is, Runescape. A game heading towards coming out as p2e will not attract gamers/casuals, it will have to be free and then figure out a road map of implementing all users to make money from it. People already hate Micros for whatever reason, so what makes you think coming out as p2e will be even better. Until then these big companies (non p2e/new p2e) are going to suck peoples money dry until it happens.
Insightful video. I also agree on ad revenue and only having a market place for players to trade among themselves, which is basically most other games that are not on the Blockchain There's so much spammers on the comments though
I've been around for more than 1/2 century and I have seen my share of stock market contractions. Saw the birth of video gaming, and the birth of the internet, to name a few. Now, I get to witness the birth of blockchain and Crypto, and I can personally attest that Crypto is a completely different beast from the US stock market. 100% agree that there should be a guarded approach to crypto investing. You may not win hearts and minds of everyone, but you have and are earning respect for telling the truth and trying to help others to look out for themselves. I'm super picky who I listen too for crypto analysis.. I have made over 21` btc from day trading with Carolyn Halles strategy Signal in few weeks, this is one of the best medium to backup your assets incase it goes bearish.
A lot has changed and that's on everything but the truth is that i don't even care much about bullish or bearish market because Carolyn Strategy got me covered, I am comfortably earning monthly.
Strategy minimizes risk and maximizes profits. Trading with her has been incredible throughout the last few months, and I would recommend her strategy to any one...
Building a good investment portfolio is more complex so I would recommend you seek Carolyn support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams.
Even when Bitcoin is looking bearish with the market sentiment swinging low. But she kept us grounded with her real analysis, just the facts in the charts.
Amazing to see another who trade with Mrs Nicole Brusher, I'm currently on my 5th trade with her and my portfolio has grown tremendously. Her weekly signals are highly profitable
Amazing to see another who trade with Mrs Nicole Brusher, I'm currently on my 5th trade with her and my portfolio has grown tremendously. Her weekly signals are highly profitable
I remember there was one dude on Reddit who played Stepn. After the Stepn coin crashed, he had to run 11 miles every day for a year just to break even lol
P2E is a total scam, I've been in crypto since 2017, and P2E craze of 21 was akin to the ICO craze of 18, it's just left a generation of misguided speculators holding the bag down from ATH. Moreover, the people who played P2E vs just bought the token because "to the moooooon" was massively disproportionate, making the barrier to entry more expensive to the very few who wanted to play the game. Made bank with AXI, never played the game, just bought the token and dumped that shit back in October last year.
This video is an absolute slapper. I work in Web3 gaming and P2E and you nailed all the issues I know we are up against. We're learning more every day about how to advertise in-game effectively, and the "fun to play" aspect is always a challenge, but your comments on varying incentive are a great point!
It can be as simple as players getting reward for watching ads TBH, Ex: give them a random gear, skin, etc if they watch ads. many games does this and I watch this ads to farm for my characters. But game needs to be good in the first place so that players want to play it and put in effort to farm
actually a pay-2-win model where the rich ones would purchase from the poor ones - might solve the problem and be sustainable. The weak ones would be happy because they can get money from the rich ones and increase the amount of active players, which would be used as a meat for the rich players :) Everyone would be happy - rich players would enjoy destroying poor ones, and poor players would enjoy getting money from the rich players.
$CWAR. Imagine if you could qualify for a home loan from playing a game.. imagine credit card companies clambering for your usage as a member.. imagine in game sponsorships from companies that fit the players profile. Imagine that subscription model working now. 5.00 a month.. With the team bringing in the value to the players.
What if there was a "crypto pool" it generates 🤷🏾♂️ with a marketplace with a transaction fee in market and no fee for non 2ndary items might that work 🤷🏾♂️
Games are made for fun. If a game prioritises money over enjoyment then it’s over before it even began. Look at games like Dead Space that completely killed their franchise with micro transactions instead of focusing on gamer experience. P2E games are a sea of trash
I had a great week in stock and crypto market. Earning over $5k from my investment every single week is overwhelming... Thanks🙏 for all you do keep up the good work
great points especially #4- games don't need blockchain-- this is also true for 90% of the crypto projects out there, that want to use a decentralized blockchain instead of a centralized database. They are trying to put a square peg in a round hole, or as you say; "cars on a submarine"
Appreciate your thoughts on this subject. I'm intrigued by the Metaverse and blockchain-based games, but there are a lot of reasons I suspect they're bubbles. You raise excellent points for consideration.
Axie was actually fun, I did not earn anything in axie even though I was an early adaptor because I keep spending all my earnings on new axies to keep making new builds. The problem was that the p2e model kept interested players out and only lured players that are not really gamers.
Axie was fine, the problem is they didnt limit their SLP, and the manager just hire player to EXTRACT the SLP(its possible even with trash team) everyday the manager got full load of cash while the player dont, its ruin the economy and start the downfall of axie Luckily i earn money from this and got my ROI at late 2021, i feel sorry for the late newcomer who get their money stuck
Absolutely agree , I was not an early adopter but seriously considered playing to grow my bag of Axies - I am not a gamer and would have been playing for return - SO glad I didn't as I would have been filled with regret.
I actually learned something lol good vid. But I disagree with block chain not needed. You can use blockchains to use in game currency or nft’s used as coupons. One problem is coupon fraud. What better way to use something that has to be verifiable. But yeah 100% on play to earn games need to be fixed.
Ok so i am building a NFT game and i don't want people to be buying anything in the game exsept for land (where you can build a house a business etc) and this is free to play not aviting it as a play to earn as its not how people can earn money is from making stuff looting stuff from enemys and searching for stuff you have a chance to get a rare items or even better then you can sell them to other players (Time in the game could mean money) so how I am thinking this will work for most people is - Player 1: that grinds in the game for 8h day have more chance of getting rare items - Player 2: has only 1-2h day/week but can buy that item from Player 1 making Player 1 money from his hard work - The game makes money from the transaction 10-20%
Issue with P2E games so far is that everyone expect to be able to make money even if they are terrible and clueless about the game, just look at AXs, people think they should make money as in GOOD money doing some stupid pve adventures.. Thats the issue, P2E is the future i believe, but i doubt a major % of people playing the game is gonne make anywhere near good enough money for them to play the game without enjoying it alot. unless you live in some 3 world under developed country. and then again i doubt it would be worth your time.
You were spot on on everything, tks for such a well made video. I believe there's room to upgrade the current P2E games so they become more sustainable and fun (eg: imagine a fun game, with advertisement and or subscription, where players can win some money back by being skillful and also by receiving part of the market tax received by the developer)
You see that could be considered an idealistic thinking my friend. Realistically speaking it's not like the game creating companies don't know this stuff, they just want to earn a crap-ton of money in a short amount of time which works with the basic non-P2E games do provide and even the P2E game devs might be short handed in the finance department. I think most of the investors are interested in an asset that cranks-up large sum of profits in a smaller time frame, but P2E does not do that so you can say that it is a bit difficult decision to make when you have to invest in upgrading the already moderately earing game and risk loosing some player base and I think they most of the time have their hands full with the crazy amount of hackings they might have to face. Just think of the normal non-P2E games, they get hacked so many times that it's not even funny now and we are talking about a game that can spill out a whole lot of money if played well enough. The existing games that are there in the market and have been for a long period of time , they can potentially introduce monitory systems in their games but they are not doing it instead the basic game play has started to become biased between the ones paying a lot of money and non paying players........ well that's all I can think of for the moment.....😅
@@vinayakdurgi7703 perfect, i agree with everything you said. There are so many engines, templates and resources today that most devs prefer to create quick/short lived cash grab games. The only P2E game that has a good longetivity (i believe around 4 years) and is still alive is Splinterlands
Great videos. i spent around $300 on Axie Infinity just to experience the blockchain game. Honestly, it's not fun at all. The game mechanics is lightyear behind the well-known ones in the web2 space. Definitely a Ponzi scheme where people come to play due to speculation, not really for fun and entertainment
thanks so much for your hard work in showing and teaching us what we need to know about this play to earn games educating us more about Ponzi scheme. i really appreciate your assistance to help improve our finacial freedom and also I feel your overall "not needed - all P2E will die" approach is a bit premature as we haven't even fully built out our layer 1 blockchains, which will later create more powerful tooling for game devs. Way, way too early for this take
good points but we are still too early in blockchain defi games. a lot can still be formulated to make good defi games in the future with Play and earn aspect in it.
I've never heard of Minecraft being pay to win. I guess that's specific to some servers? I wouldn't use Minecraft as an example. Edit: Also selling cosmetics isn't Pay to Win. Your cosmetics don't help you win.
If the money for playing comes from new players getting in, it's a Ponzi scheme with pixel art. Usually bad pixel art. If it's a membership fee, then it's a needessly obscured casino. If it's pay-to-win, the fun dies and people leave, and justifiably so. If it's ad-supported, you will need a truly staggering number of ads to support the game. Remember: The advertiser's goal in advertising is to make more money back from increased sales than they spent on the ads. If the people playing the game were likely to spend much, they probably would have chosen a game that wasn't completely wallpapered in ads. Also you forgot players paying other players to skip the grind, that's how Axie Infinity did it. Paying other players to earn the in-game thingies that let you breed axies. The Diablo 3 marketplace was a similar thing, and it went over like a lead balloon. Your use case for NFT in-game items is... not great. A centralized server can keep track of who owns what just fine, and while part of the perceived usefulness of crypto is in decentralization, that feature is completely lost when the only use for those NFTs is found in something centralized. Like a game server. Team Fortress 2 has had item trading and selling for years. I'm not going to say that crypto games are essentially all doomed because they're all being made with an absolute minimum of effort to pump the value of a token so that someone can get rich in a hurry, or that cryptocurrencies are just a worse version of the Beanie Baby fad or Tulipmania in that at least a tulip bulb can be planted to grow flowers and a load of soft toys can be made in to a pile to sleep on after you have to sell your furniture because you took out loans to buy Beanie Babies, but I'm thinking it real hard.
hi. can you be my game tester to help balance my game, to make it good for p2e players? i will pay. i need somoene with experience playing other p2e games
I've been saying it to friends for a year, only way a game can survive is if people are willing to pay2play so that the ones with expensive nft's can play2earn. A country has no economy if everybody who works in that country sends their salary to other countries... People need to spend cash in your country!
Hello, almost all of your videos are on p2e, and I realized that have not seen a single AR game, although know that there are such games, for example, the league of hamsters. Take a review, it's very interesting to look at the technology
Very interesting video. Thanks! Above they write about the league of hamster project. I also watch him. waiting for the release of the game with p2e. I would like to hear your professional opinion on this project.
You know I like that this account is sensible and down-to-earth about crypto and crypto-related topics, crypto has some good points and ideas it's just that there are just a bunch of morons bogging it down with falling for all the dumb scams and investing in projects that are obviously too good to be true
Scam alert: I will never contact you. Don't look up the tokens mentioned in the comments (they are scams). Be very skeptical in the comment section. Be safe
Would you like to fix the "Play to Win" typo around 2:30 ? 😀
And the bad cut take at 5:23?
What are your thoughts on Cornucopias?
Can you do a video on unicrypt?
literally every post in the comments section is a spam bot
Not die, but meta is change, new P2E game will take place
I cannot over emphasize the importance of being an experienced trader to make good returns off the crypto space, else you'd join the group that call it a gamble.
Those that understand the market trends always seem to be a step ahead and apply adequate measures to stay secure no matter the situation.
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Would appreciate any assistance to get started, thank you.
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The blockchain miners club is an NFT project with both utility and sustainability. They are building a new kind of P2E game… PLAY 2 MINE
Backed by over 146 real life Bitcoin miners, BMC is an innovative P2E game that will bring passive income for years…
Great video, considering I am working on a Play and Earn Game. The whole idea is to keep funds coming in from several sources. One key I am looking at is treating it as a pay as you go game. This will allow players to continue to play and earn and even potentially earn more as sponsors are added to the mix.
Runescape also is a p2e game. Any currency you make in the game, you can sell for cash.
So if runescape were to tokenize their gold and take money from all transactions, what would be the difference?
I'm DCAing in AMZSB7 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
I'm the lead blockchain engineer at Colonize Mars. Just want to say this video is spot on. Well done and thanks!
I hope you are considering "how" to overcome the obstacles mentioned in this video. I think there is a good use for blockchain in some games but it should support the "fun factor" primarily. The content of this video is exactly why I don't play NFT games.... because they are all dumb and boring right now. However, I play "New World" and people farm gold and sell it for real money. I believe this is where blockchain could help. People will always do such things and Devs get nothing out of it and they endlessly attempt to ban and stop the activity in futility. Devs can implement blockchain into their economy and allow players to sell their gold to each other for real cash (or crypto in this case). However, the problem with this, though Devs are rewarded in small transaction fees, is that the game can become a pay to win model and rewards players that have cash to throw away at the game. Regardless, I have wondered how an in-game economy that is an actual crypto coin would function. I suppose right now it is too tasking to implement such a concept. I also considered NFTs to be weapons and armor that players use instead of it being their actual avatar. Regardless, I hope you succeed in your implementation of play to earn concepts
@@MilVetGaming
Don't wonder. Most Steam games have such functionality. The CSGO skins market is rife with RMT
To the end user, there is no functional difference between a Blockchain hosted internally and a transaction database
Welcome back ser! Great video as usual. Opened my mind to a newer perspective regarding blockchain games when you mentioned how it does work but doesn't mean it has to be on there.
Best P2E model is something simallar to csgo, where the earning part isn't actually the main premise of the game, for a p2e game to be succesfull it needs to first of all you make a good game, and add a economy on top of that
CryptoKitties is probably a good example of a game that makes sense on the Blockchain, but I agree that a lot of other games are not really necessary there.
Myself during this Bear Market only trying to focus on BTC, AMZSB7, ETH, SOL, MATIC. not losing sight of BNB and GALA. 🇨🇦
Valid points about fun/earn mechanism. I feel your overall "not needed - all P2E will die" approach is a bit premature as we haven't even fully built out our layer 1 blockchains, which will later create more powerful tooling for game devs. Way, way too early for this take. P2E could be in-game currency which could be the same one players can use their fiat(money) to purchase if they want to expedite the grind if you will (P2W). I think there's a way we can incorporate P2E without imploding the system (more like a bonus or additional route) not so centric on fiat gains on the backs of noobs.
10:22 it's easy, you take a fee for every play sale and you still earn a lot
Excellent explanation, mate. If only NFT games weren't all about pump and dump...
Hopefully, my newfound game will not disappoint. It's known as the FAKETOWN metaverse game.
Feel free to do some research about this game as well, mate.
Sent here by Asmon the Balding One, great vid!
Some great explanations! A few potential mistakes:
1. “External rewards reducing internal motivation” is a theory in psychology that is very specific to certain circumstances. Quite a few researchers argue that external rewards reducing internal motivation does not actually exist. I haven’t done the research to give a very knowledgeable opinion on the matter, but to assume it’s true is not necessarily the best assumption.
2. The potential blockchain offers in your fourth point is oversimplified. What you said was not wrong, but I don’t think it was best representation of the potential the technology has to offer to the gaming space, and why it is used.
For more info on token based economics check out our research at Economics Design
As for your #1....just look at the public education system. They reward the misbehaving/disruptive students while looking past the well-mannered and behaved students. The disruptive students continue to manipulate the system while the academic results continue to fall and fall.
@@bluessrv1 reward the misbehaving? u serious dude in my country all misbehaves got punishments haha not rewards and why would they reward the misbehaving? ur not making any sense haha
Great explanation! P2E need to be fun rather than games that people play purely for the goal of financial gain
Thank you so much for your hard work! 😊 Just a small off-topic question: 😅 I have these words 🤨. (behave today finger ski upon boy assault summer exhaust beauty stereo over). I’d be grateful for some help. 🙌
Great content, really enjoyed it.
Making a functional game tokenamics is notoriously difficult and most developers know this very well. Even Gala games recently suspended their earnings rewards due to high inflation. I think most blockchain games being made just because the developers want to make a quick profit.
P2E games are a good way to make easy money, but only if you're early, and the market is booming.
Also, it's a good idea to always sell any reward tokens especially if it has an infinite supply. Everyone else will be selling too and the price always crashes.
About Gaming - the fact that you can own in game items and trade them will kill all competition eventually. Of course, right know gaming companies don't want it - its their profit, creating and selling new items. But there are simple ways to earn from it, and probably way more than now - for example adding a small tax on every transaction of the nft, that will go to the creators. And it is something a lot of gamers craving for. Seems (and very hope) that it will become very soon the new standard.
Great channel, thank you a lot!!!
An example of this is how steam taxes the marketplace
That's bascially what csgo has done for years
Great video. What do you think about Legends of Bezogia? It represents the birth of Decentralized Gaming-as-a-Service (DGaaS), do you know anything about it?
You could put code in the NFT that if someone sells the in game item to another player in the in game marketplace the original owner being the game studio takes a cut from it. It still works. Also creating this in game marketplace and creating a used marketplace could entice more players to play the game and that in the end would make more money. Also limited edition items would work. There is a lot there that you never talked about that could make a game work extremely well on blockchain. Even I haven't said everything.
Why WhiteBoard Crypto till now had not mentioned the Tron Network and how it works
pls like this comment so that Ted can say it
What can you say about illuvium?
I was so confused by the minecraft analogy haha
High quality content
so the nft being your item ingame can have a added code every time its sold the gamecompany gets a cut thisway you dont reduce the customers sonce the item can even go up in value
i think the game should have a inside tradable market, FTT from FTX is the perfect example.
The fees of every order is a token FTT, because the exchange has value.
if we have a fps i think is possible tokenize kills and make tradable with a main crypto (liek happen with BTC that is the mainb crypto to trade with), that create a fluctuaction and trading them you can earn money cause like FTX exchange has value.
other example RTS u can mine wood, steel,. food, energy etc... u can trade the source you find in game with other player cause not every world have the same reasource, and when you can trade them you can create value, the value of the exchange as free market that is a foundamental concept in finance.
however some resource like the tokenization of wood can be stakable coins*
MAD Backpacks will never die! this is the first Find2Earn. you can collect coins in the game on the streets of your city and exchange them for real tokens ($WWY). my favorite game^^
We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@@jamesdrew296 You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.3m in net profit across high dividend yield stocks, ETF and bonds during this red season.
@@Stephenfanos37 How can I reach out to this coach? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?
@@Stephenfanos37 Please I'm very much interested. How can I get touch with this coach, i really want to give her a try.
@@Wellingtonluzia3 *PATRICIA DRITA JOSEFINA* is the coach that guides me.
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I'm thinking of investing in the crypto market but taking my time to figure out how the whole thing works
People are scared of investment because of high rate of scammers on the market
talking of being successful!l think that am blessed because if not I wouldn't have met someone who is as spectacular as Expert Mrs Kiana
I totally agree! Investment has also changed my life financially and I have heard a lot about investments with Expert Kiana and how good she is, please how safe are the profits?
wow, you knew her too? I even thought I'm the only one she has helped walk through the fears and falls of forex trading
Expert Mrs Kiana has changed my financial status for the best. All thanks to my aunty who introduced her to me.
This was an excellent video describing not just the problem with PTE but also the psychology behind how this functions.
This post is so valuable and so honest. I am very grateful for this content, I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do?
@Alice Teresa kindly reach her through her Tele gram
< BridgetTrades her user name>
I like your OLD MAN THEORY.. But for me cypto game is still the next generation game just gave it 10 or more years
There are games that are being develop under GALA which are fun like spider tank, Mirandus, and many other games which for me your stressing out the beta games of Play 2 earn games. even in Waxp has a ton of fun games. take Big time for example or sandbox. Axie is true that its not fun but you should reconsider your example of Play 2 earn in your videos.
How bout the counterpart, you should explain also on what the game needs to succeed in p2e environment
Here's the thing....your content is on point when explaining what crypto is and how it works. This opinion piece is a massive deviation from that and I think you should stick to facts rather than opinions.
Counterpoint: much of what comprises crypto today has already been covered, so WBC is attempting to evolve the channel and remain relevant. You have been invited to share your ideas in the forum created by this video. Many people agree with the points made: if you don't, then why not state what is off base and teach the people something?
I think the way you're presenting Play2Earn is more the mindset of you play the game for no reason other than to solely earn tokens. I fully agree on this being a horrible business model and completely unsustainable because it's just flat out not fun.
But I do believe that there's different types of "Earning", as an example if you have a blockchain card game you don't earn tokens you earn the cards. The cards are then yours to trade and sell on a free market just like a real physical card game like Magic the Gathering. Card games are a perfect opportunity to create a successful P2E business for somebody because the Game Company can sell new packs and then also take a small percentage of the fee of trading/selling your card to another player.
I have to disagree with your stance on blockchain cosmetic items not being necessary and potentially being harmful to the games company over just selling the item in their own personal games store. If we use League of Legends as an example, LoL's had tons of skins that have gone away never to be acquired again. People have sought after these skins so much as to even purchase accounts for thousands of dollars that have the skin since they're not transferable. Imagine if that skin was a transferable NFT and someone purchased it for $2000~ 5 years after it released every single person involved in the transaction is happy because the seller made a tremendous amount of profit, the buyer got the skin he wanted on his own account and the games company could have taken 2.5% of the transaction and made an extra $50 off the sale on a virtual skin they sold years ago.
MMO's also have the perfect capabilities of being an extremely good use case for Blockchain tech because people want to purchase others gear.
Anyway good video and good discussion
Hey great comment 🙂
Special rare skins in League will be available on some special occasions, also the only but big difference is they build League, Dota, CSGO,... as fun first games, they focus on the fun and sustainable game environment, tournament, community,... to maintain the retention rate first. Meanwhile, I would say every gamefi projects is built around financial system, not the game itself, got your point tho.
Hey bro, can you please make a detail video on Market cap,
fully diluted market cap.
volume. circulating supply.max supply.
fully diluted valuation.
please make a complete video explaining these topics.
love from India.
The fortnite model is pretty good, especially the support a creator aspect
Wow, you absolutely nailed so much of what I've been contemplating - and in such a concise way with excellent examples. Will definitely share this!
Do a video about Brewlabs and their Treasury Model! It is connecting real world companies and crypto
While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example AMZSB7 will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.
Totally agreed , I think the biggest issue is the second one , most Blockchain games are not real games but just financial terms. It's impossible to make every player earn but if the game is good enough some are willing to pay and have fun. I have friends make a living by playing WOW for years.
getting money to play is a bonus or an incentive
just by curiosity how do earn a living by playing wow ?
@@andrecarcausto2740 If your a pro gamer that's how
This post is so valuable and so honest. I am very grateful for this content, I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do?
trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
what suprises me about her mostly is she gives her clients access to her trading site whereby they can monitor their trades on a daily basis
I think for crypto games to survive, they need to change their core concept. P2E is not good because you'll only attract people who only want cash.
It think it's best to change to a Play and Own concept because you actually own the stuff. And make a little money on the side.
So, the devs should focus on making the game fun and say you actually own the in-game items. Instead of getting a big payday.
But again, I may be wrong. I still believe in blockchain games and I like the concept of actually owning your stuff. I think the whole P2E industry needs to have shift in thinking in order for it to survive. Just my opinion though.
Totally, game shouldn’t be play 2 EARN, but instead PLAY and maybe earn. Having ownership of digital assets and real world values of these assets is totally revolutionary and I’m sure it will thrive, but only if it’s well implemented
@@jonathanayotte9736 Yes, that's the thought I wanted to get across. If only they implement the Play & Own concept well, then I think maybe blockchain games will thrive.
Play-to-Earn probably not sustainable. Play-and-Earn or Play-and-Own is probably more so where the model is going.
However, I think the magic of web3 gaming will not come from financial incentives, but from the types of games that the blockchain can enable. Like Eternal games that last forever as long as the underlying blockchain exists. Games where all resources are player owned and tradeable. Modular games where players and developers can select maps, features, etc. they want to use without purchasing an entirely new game or DLC pack.
Blockchain in gaming quite literally gives the power to the players. Let me use a real-world example of why this matters. Imagine you and your friends just bought all this awesome paintball gear and go to your favorite spot to play a game. However they make some rule changes that don't let you use the gear you bought!
In the real world, you can quite literally pick up your toys and go play somewhere else. However the other places may be cost prohibitive or too far away to be feasible.
Similar things can happen in a game. Developer nerfs your characters/weapons or no longer supports your favorite maps, or whatever. With blockchain gaming, the items are yours, so someone could just build a new module that supports the gameplay you like and you can take your digital items and go play with that new module instead.
I'm sure there are more examples but that’s what I can think of without additional research.
The only game that is TRULY p2e ready and the bible for all games aiming towards this is, Runescape. A game heading towards coming out as p2e will not attract gamers/casuals, it will have to be free and then figure out a road map of implementing all users to make money from it. People already hate Micros for whatever reason, so what makes you think coming out as p2e will be even better. Until then these big companies (non p2e/new p2e) are going to suck peoples money dry until it happens.
Hi, I found a new League Of Hamsters project, now unique NFTs are being distributed, and the start is coming soon. What do you say about him?
League of Hamster's is a very interesting project) I really like that they have no analogue))) just imagine crypto hamsters in virtual reality,
and you can find out more about the project, I already heard something about the game related to Hamsters and crypto, I was attracted by the name
Very interesting, I want to know the mechanics of earnings itself. Yes, I'm also interested in seeing an overview of this project, thanks in advance.
A friend of mine looked at this project. I would also like to see the review
yes) there is a project League of Hamsters , interested in your opinion. Interesting review on it from you🌺
Boys is it best to invest in *AMZSB7* monthly or weekly? I'm thinking the fees will be higher if done weekly.
You just said everything I couldn’t word right
Insightful video. I also agree on ad revenue and only having a market place for players to trade among themselves, which is basically most other games that are not on the Blockchain
There's so much spammers on the comments though
I've been around for more than 1/2 century and I have seen my share of stock market contractions. Saw the birth of video gaming, and the birth of the internet, to name a few. Now, I get to witness the birth of blockchain and Crypto, and I can personally attest that Crypto is a completely different beast from the US stock market. 100% agree that there should be a guarded approach to crypto investing. You may not win hearts and minds of everyone, but you have and are earning respect for telling the truth and trying to help others to look out for themselves. I'm super picky who I listen too for crypto analysis.. I have made over 21` btc from day trading with Carolyn Halles strategy Signal in few weeks, this is one of the best medium to backup your assets incase it goes bearish.
A lot has changed and that's on everything but the truth is that i don't even care much about bullish or bearish market because Carolyn Strategy got me covered, I am comfortably earning monthly.
Strategy minimizes risk and maximizes profits. Trading with her has been incredible throughout the last few months, and I would recommend her strategy to any one...
Building a good investment portfolio is more complex so I would recommend you seek Carolyn support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams.
I stopped worrying about bitcoin price ever since i started using Halles strategy, it gives me gain daily even with the downtrend.
Even when Bitcoin is looking bearish with the market sentiment swinging low. But she kept us grounded with her real analysis, just the facts in the charts.
We'll be going to the bottom within 6-9 months. For now, DCA-ing bi-weekly with 21usd in AMZSB7/BTC and monthly 21 in CRO.
My Mom and I earn massively on our crypto investment since we started trading with Mrs Nicole Brusher, her set skills are amazing.
Amazing to see another who trade with Mrs Nicole Brusher, I'm currently on my 5th trade with her and my portfolio has grown tremendously. Her weekly signals are highly profitable
Amazing to see another who trade with Mrs Nicole Brusher, I'm currently on my 5th trade with her and my portfolio has grown tremendously. Her weekly signals are highly profitable
Crypto is a SCAM!!!
Could you please talk about AMZSB7 it’s very strong and took off in short time thanks.
I remember there was one dude on Reddit who played Stepn. After the Stepn coin crashed, he had to run 11 miles every day for a year just to break even lol
@Aaron Bennett 𝗪𝗵𝗮𝘁𝘀Ap±𝟭𝟳𝟬𝟳𝟯𝟬𝟵𝟬𝟲𝟬𝟭 no you send me first
P2E is a total scam, I've been in crypto since 2017, and P2E craze of 21 was akin to the ICO craze of 18, it's just left a generation of misguided speculators holding the bag down from ATH. Moreover, the people who played P2E vs just bought the token because "to the moooooon" was massively disproportionate, making the barrier to entry more expensive to the very few who wanted to play the game. Made bank with AXI, never played the game, just bought the token and dumped that shit back in October last year.
HOW IS MINECRAFT PAY TO WIN? Are you acutally insane? There are Pay to win Servers but the Game and most Servers are not.
This video is an absolute slapper. I work in Web3 gaming and P2E and you nailed all the issues I know we are up against. We're learning more every day about how to advertise in-game effectively, and the "fun to play" aspect is always a challenge, but your comments on varying incentive are a great point!
What gaming company do you work for?
@@steyn2g935 Puli Token
And all it takes is exploring what it means to be able to put data and compute on chain with BitcoinSV
It can be as simple as players getting reward for watching ads TBH, Ex: give them a random gear, skin, etc if they watch ads. many games does this and I watch this ads to farm for my characters. But game needs to be good in the first place so that players want to play it and put in effort to farm
Kinda like how all Free to Play games end up failing because their supported by cash shop items.
actually a pay-2-win model where the rich ones would purchase from the poor ones - might solve the problem and be sustainable. The weak ones would be happy because they can get money from the rich ones and increase the amount of active players, which would be used as a meat for the rich players :) Everyone would be happy - rich players would enjoy destroying poor ones, and poor players would enjoy getting money from the rich players.
The investment model, is the way to go. Purchase assets that cash flow, as the game becomes popular you have ads and merit based earnings
I’m right
$CWAR. Imagine if you could qualify for a home loan from playing a game.. imagine credit card companies clambering for your usage as a member.. imagine in game sponsorships from companies that fit the players profile. Imagine that subscription model working now. 5.00 a month.. With the team bringing in the value to the players.
DFK is still in development. Hopefully, PvE and PvP will be fun when it arrives.
What if there was a "crypto pool" it generates 🤷🏾♂️ with a marketplace with a transaction fee in market and no fee for non 2ndary items might that work 🤷🏾♂️
I already converted all my ETH to AMZSB7, now I feel like moving all my BTC to ADA as well.
Games are made for fun. If a game prioritises money over enjoyment then it’s over before it even began. Look at games like Dead Space that completely killed their franchise with micro transactions instead of focusing on gamer experience. P2E games are a sea of trash
I had a great week in stock and crypto market. Earning over $5k from my investment every single week is overwhelming... Thanks🙏 for all you do keep up the good work
@cynthia Betty I trade stocks and cryptos using the strategy of mrs Regina Jossie
I heard a lot of investing with Mrs Regina Jossie and how good she is, please how safe are the profit?
@Russell Nelson I make $5k to $7k weekly trading profit with her trading strategy
Wow, i've seen a lot of recommendation about Regina Jossie, is she really that good?
@Mary sible She's active on sapp⤵️⤵️
great points especially #4- games don't need blockchain-- this is also true for 90% of the crypto projects out there, that want to use a decentralized blockchain instead of a centralized database. They are trying to put a square peg in a round hole, or as you say; "cars on a submarine"
Appreciate your thoughts on this subject. I'm intrigued by the Metaverse and blockchain-based games, but there are a lot of reasons I suspect they're bubbles. You raise excellent points for consideration.
Making a good game is a very difficult job, even it’s a card game, Blizzard level background needed.
In times where close to every Crypto related channel is a scam (see BitBoy) this channel really stands out.
Axie was actually fun, I did not earn anything in axie even though I was an early adaptor because I keep spending all my earnings on new axies to keep making new builds. The problem was that the p2e model kept interested players out and only lured players that are not really gamers.
Axie was fine, the problem is they didnt limit their SLP, and the manager just hire player to EXTRACT the SLP(its possible even with trash team) everyday the manager got full load of cash while the player dont, its ruin the economy and start the downfall of axie
Luckily i earn money from this and got my ROI at late 2021, i feel sorry for the late newcomer who get their money stuck
Absolutely agree , I was not an early adopter but seriously considered playing to grow my bag of Axies - I am not a gamer and would have been playing for return - SO glad I didn't as I would have been filled with regret.
I actually learned something lol good vid. But I disagree with block chain not needed. You can use blockchains to use in game currency or nft’s used as coupons. One problem is coupon fraud. What better way to use something that has to be verifiable. But yeah 100% on play to earn games need to be fixed.
Ok so i am building a NFT game and i don't want people to be buying anything in the game exsept for land (where you can build a house a business etc) and this is free to play not aviting it as a play to earn as its not how people can earn money is from making stuff looting stuff from enemys and searching for stuff you have a chance to get a rare items or even better then you can sell them to other players (Time in the game could mean money) so how I am thinking this will work for most people is
- Player 1: that grinds in the game for 8h day have more chance of getting rare items
- Player 2: has only 1-2h day/week but can buy that item from Player 1 making Player 1 money from his hard work
- The game makes money from the transaction 10-20%
Issue with P2E games so far is that everyone expect to be able to make money even if they are terrible and clueless about the game, just look at AXs, people think they should make money as in GOOD money doing some stupid pve adventures..
Thats the issue, P2E is the future i believe, but i doubt a major % of people playing the game is gonne make anywhere near good enough money for them to play the game without enjoying it alot. unless you live in some 3 world under developed country. and then again i doubt it would be worth your time.
Truly love your candidness, I DCAed today again for BTC AMZSB7 and ETH
The only thing that makes a currency demanded is its ability to purchase demanded goods/services. This has nothing.
Not all P2E will die. There is a secret formula out there that needs to be discovered.
copium
Wow that's a amazing analogy of the old man
You were spot on on everything, tks for such a well made video.
I believe there's room to upgrade the current P2E games so they become more sustainable and fun (eg: imagine a fun game, with advertisement and or subscription, where players can win some money back by being skillful and also by receiving part of the market tax received by the developer)
You see that could be considered an idealistic thinking my friend. Realistically speaking it's not like the game creating companies don't know this stuff, they just want to earn a crap-ton of money in a short amount of time which works with the basic non-P2E games do provide and even the P2E game devs might be short handed in the finance department. I think most of the investors are interested in an asset that cranks-up large sum of profits in a smaller time frame, but P2E does not do that so you can say that it is a bit difficult decision to make when you have to invest in upgrading the already moderately earing game and risk loosing some player base and I think they most of the time have their hands full with the crazy amount of hackings they might have to face. Just think of the normal non-P2E games, they get hacked so many times that it's not even funny now and we are talking about a game that can spill out a whole lot of money if played well enough. The existing games that are there in the market and have been for a long period of time , they can potentially introduce monitory systems in their games but they are not doing it instead the basic game play has started to become biased between the ones paying a lot of money and non paying players........ well that's all I can think of for the moment.....😅
@@vinayakdurgi7703 perfect, i agree with everything you said. There are so many engines, templates and resources today that most devs prefer to create quick/short lived cash grab games.
The only P2E game that has a good longetivity (i believe around 4 years) and is still alive is Splinterlands
Totally agree.
My main logic was people play games for the sake of the game a.k.a it’s fun.
Not because they’re earning from it.
Great videos. i spent around $300 on Axie Infinity just to experience the blockchain game. Honestly, it's not fun at all. The game mechanics is lightyear behind the well-known ones in the web2 space. Definitely a Ponzi scheme where people come to play due to speculation, not really for fun and entertainment
thanks so much for your hard work in showing and teaching us what we need to know about this play to earn games educating us more about Ponzi scheme. i really appreciate your assistance to help improve our finacial freedom and also I feel your overall "not needed - all P2E will die" approach is a bit premature as we haven't even fully built out our layer 1 blockchains, which will later create more powerful tooling for game devs. Way, way too early for this take
good points but we are still too early in blockchain defi games. a lot can still be formulated to make good defi games in the future with Play and earn aspect in it.
,,I,.
I've never heard of Minecraft being pay to win. I guess that's specific to some servers? I wouldn't use Minecraft as an example.
Edit: Also selling cosmetics isn't Pay to Win. Your cosmetics don't help you win.
I get that you made bank with ur club thing, but gotta have some QA my man. only 3min in and u got 2 spelling mistakes
If the money for playing comes from new players getting in, it's a Ponzi scheme with pixel art. Usually bad pixel art.
If it's a membership fee, then it's a needessly obscured casino.
If it's pay-to-win, the fun dies and people leave, and justifiably so.
If it's ad-supported, you will need a truly staggering number of ads to support the game. Remember: The advertiser's goal in advertising is to make more money back from increased sales than they spent on the ads. If the people playing the game were likely to spend much, they probably would have chosen a game that wasn't completely wallpapered in ads.
Also you forgot players paying other players to skip the grind, that's how Axie Infinity did it. Paying other players to earn the in-game thingies that let you breed axies. The Diablo 3 marketplace was a similar thing, and it went over like a lead balloon.
Your use case for NFT in-game items is... not great. A centralized server can keep track of who owns what just fine, and while part of the perceived usefulness of crypto is in decentralization, that feature is completely lost when the only use for those NFTs is found in something centralized. Like a game server. Team Fortress 2 has had item trading and selling for years.
I'm not going to say that crypto games are essentially all doomed because they're all being made with an absolute minimum of effort to pump the value of a token so that someone can get rich in a hurry, or that cryptocurrencies are just a worse version of the Beanie Baby fad or Tulipmania in that at least a tulip bulb can be planted to grow flowers and a load of soft toys can be made in to a pile to sleep on after you have to sell your furniture because you took out loans to buy Beanie Babies, but I'm thinking it real hard.
Brilliant analogy with the old man story!!
great points. I have been burned on every P2E game. They suck.
hi. can you be my game tester to help balance my game, to make it good for p2e players? i will pay. i need somoene with experience playing other p2e games
Gamers don’t want or need “play to earn.” Blockchain doesn’t do anything positive for the gaming experience.
I've been saying it to friends for a year, only way a game can survive is if people are willing to pay2play so that the ones with expensive nft's can play2earn.
A country has no economy if everybody who works in that country sends their salary to other countries... People need to spend cash in your country!
Minecraft is pay-to-win? Subscription models are the most user-friendly?! Boomer takes.
Hello, almost all of your videos are on p2e, and I realized that have not seen a single AR game, although know that there are such games, for example, the league of hamsters. Take a review, it's very interesting to look at the technology
I heard about him, I have a friend in it, says a promising project that will soon come out
The game’s developers and community have all the tools and resources to send this theme to the moon :-) I look forward to seeing a full game.
Very cool idea, I liked the game.
Very interesting video. Thanks! Above they write about the league of hamster project. I also watch him. waiting for the release of the game with p2e. I would like to hear your professional opinion on this project.
An interesting project of the hamster league, I heard it took off well, we're waiting for the game. It's also interesting to watch the review!!!
Minecraft is pay to win? :D I guess if you count Hypixel and such as being the "Minecraft" yes.
You know I like that this account is sensible and down-to-earth about crypto and crypto-related topics, crypto has some good points and ideas it's just that there are just a bunch of morons bogging it down with falling for all the dumb scams and investing in projects that are obviously too good to be true