Is Pandaland worth playing right now?
7th June 2022, Monday
I've played a variety of games so far, including Clash of Clans, Clash Royale, and Pubby. These are some of the most popular games in the world. They've got some specific updates in a timely manner and fixed all sorts of bugs. But they have nothing to do with making money. But the gamefi projects that are currently being built on top of various blockchains are quite popular with cryptocurrency lovers. A gamefi project on the Ploygon network is Pegaxy (Horse Racing). The horse that has more power is more likely to win. If you win, you can get some tokens as a gift and sell them to get real money. But to enter the game, you have to invest some money at the beginning. Pegaxy is a game that creates hype on different platforms at a time. Those who were pegaxy gamers were earning at least $1000 per month. One such high-budget game was missing on the Smartbch network. And to make up for this absence, a Chinese man created a new gamefi pandaland, the main purpose of which is to allow users to play games and earn money. I've probably talked about how to play Pandaland and how much PDA token is earned from here. But is playing this game really profitable now?
The game was launched about three months ago. Three months later I am now trying to describe the state of pandaland gamefi.
In the last three months, the price of PDA tokens has gone up from $0.023 to $0.0017, which is almost 20 times lower than presale price. Previously we got $10- $12 for 600 PDA tokens but now only $1 or less. So if I want to earn 600-700 PDA tokens from pandaland gamfi then I have to win a total of 13-14 battle. But the problem is that to win 13 to 14 battles I have to complete a total of about 30 to 35 battles. Because after the attack there is both defeat and victory.
However, in pandaland gamefi the chances of winning rate is less but losing rate is highest. Because the power of my Panda NFTs is much less than that of other Panda holders. Now let's take a fee to complete each attack $0.02 according to the current price of BCH. So if I calculate the fees for thirty five attacks then I have to pay around $0.70 fees but I can earn a total of $1 from 35 attacks (according to current PDA token price). So I can make a total of $0.30 from these 35 attacks.
If you want to calculate the time, it will take me more than 1 hour to complete thirty five attacks but since I am not given 35 attacks in one day, I have to complete thirty five attacks in about one week. So after one week I get a total of $0.30 only. If the cost is calculated now then I have spent a total of 1.5 BCH on this gamefi which is currently around $270. In these three months I was able to earn 0.15 BCH. The remaining 1.35 BCH is still in the middle of my loss. So if I want to get my capital back I have to play this game for another 27 months. 27 months means about 2.5 years. But one major cochlear here is will this 2.5 year pandalland gamefi project survive?
Ever eaten curry without salt? Maybe you've eaten, and you know it's hard to eat curry without salt. It is not too late to reduce the price of PDA token by 20 times. If prices continue to fall this way, there will be no future price for x54 PDA tokens per win. Then the game will be spent as a fee more than the income that will come. Which we have already figured out.
In conclusion, the pandaland gamefi project may seem strong at first, but the admin's inaction and laziness in game development is leading the game to ruin day by day, proving that the pandaland project is a scam.
Thanks for reading :)
I haven't played any BCH game or the game that gave NFT's as reward but heard about many like pandaland splinterlands etc