Play-to-earn projects live and die based on whether they have an influx of new users or the means to continue rewarding existing ones. All of this lacks sustainability in the long run
All of this has rather unpleasant side effects. Gamers awarded with tokens are unlikely to hold them unless there is a compelling incentive — adding to sell-side pressure that erodes prices even further. A vicious cycle soon follows. Double-digit falls in a digital asset’s value can prompt daily players to take a step back — and as the community dwindles, projects die.The first step to resolving the issue is acknowledging today’s main risks in the Web3 space.
and focus on play instead — but the non-existence of both typically sees bored users head for the door. Projects also continuously struggle between enticing new players while keeping existing ones happy.Despite the substantial hurdles facing this still-nascent sector, Web3 gaming has the potential to be more than unsustainable speculation.is one of the companies shaking up tokenomics through multiple revenue streams, a plethora of top-tier games and an emphasis on quality over income.
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