Big Problem Of NFT Gaming That Everyone Must Know.

We all know that this new trend that we are loving, the Play-To-Earn gaming, still has a lot of flaws and problems. Maybe because we are still on the experimental and early stage of development of NFT gaming, but one thing is for sure, those problems are just temporary just like the other innovations and technologies that failed but with continues development, those innovations eventually got their success as they improve along the way.

NFT gaming is not just all about entertainment because it gives even average players to earn while playing the game. With traditional gaming, players invested their own money and time just to enjoy the game without nothing in return. But with NFT gaming, players has the opportunity to get a return of their investments in the game. NFT gaming is a new type of digital economy that allows us (players) to earn by playing games while traditional gaming, only the game itself or its company are the ones that can profit.

Way back before this trend, the sole purpose of playing traditional games is for entertainment only and to pass time. But with NFT gaming, our purpose will be changed as we can now enjoy playing the game while earning from it, which most traditional gaming company doesn't like. Gamers will add a new purpose of playing the game, for entertainment and money through NFT games. But with this new innovation, especially that we are still in the early stage, we are still experiencing problems that temporarily we can't still find a solution. And one big problem of every NFT games is inflation.

Image from Play-To-Earn.online

Inflation Destroys Economy.

Inflation is one, if not the biggest, of the biggest problems right now in Play-To-Earn gaming that still currently no NFT gaming projects has found a solution yet.

Everytime players play the game, it will be rewarded with a token depending how it met the requirements from the smart contracts. If the players met the requirements, the smart contract will mint new tokens in the game to reward the players. This idea of minting process was inherited from the idea of cryptocurrencies that rewards everyone who participates in the network like mining, staking and farming.

Proof-of-work and proof-of-staking are two of the famous algorithms that people used to participate in the network and in returns get rewarded with a coin or tokens. But newest trend right now is GameFi where we can get or mint tokens in the game by playing NFT games.

The difference of Play-to-earn gaming with mining and staking is that mining cryptocurrencies and staking are very complicated and requires a lot of electricity and money. People can only get a limited amount of coins or tokens per block so minting new coins or token is a problem. But with NFT gaming, things are different.

The more players in the game, the more tokens that can or will be minted. And this is how inflation takes place. The problem will be much worse if the supply of the token is infinite. With the law of supply and demand, if the supply of the token is higher compared to its demands in the game, its price will eventually go down and lost its market value. Two good example of NFT games that has this problem right now is the famous Axie Infinity NFT game and Pegaxy NFT game and their $SLP and $VIS token.

If this problem occurs in the game, whether the game has a very good graphics and very entertaining, if the supply of token is much greater compared to its demands, inflation will always take place.

Final Words.

Like I said, this inflation problem is just temporary. We are still on the early stage of NFT gaming and we need to give NFT projects more time to evolve, improve and solve the current problems of NFT gaming. We should understand that developing this new kind of innovation takes more time for perfection.