Volatile Market and Its Impact on Play2Earn Games

Honestly the crypto market is crazy these days One day you see high prices and everyone is optimistic and the next day you find collapses that make you rethink everything This huge fluctuation did not only affect large currencies such as Bitcoin and Ethereum but it also hit the Play2Earn world hard and the result was clear many players started to lose enthusiasm and some games that were thriving a while ago became almost abandoned.

The problem is that the Play2Earn gaming system is mainly based on the cryptocurrency economy When the market is up people enter strongly buy NFTs and participate in battles or missions to win But when prices collapse everyone becomes hesitant some sell at a loss and others leave the game completely This created a spiral because games that do not have a strong economic system began to suffer and player rewards began to lose their value quickly.

Take the example of Axie Infinity or even Splinterlands which at one point were making crazy profits for players As the market went down the problem became clear are people playing because they love the game or because they just want to make money Unfortunately most players in this type of game are more interested in making money than having fun and when the income decreases the enthusiasm gradually disappears.

But that doesnt mean that Play2Earn is over Some projects resisted the volatility and started focusing on improving the gameplay instead of being all about rewards The games that will survive are those that think beyond quick profits and give players a reason to continue even if the market is bad.

Overall the current market has revealed the difference between games that have a solid foundation and games that were just a bubble Volatility is always present in crypto but what will really survive are the games that know how to balance fun and a sustainable economy.

Posted using Tribaldex Blog