Why does 99% of blockchain gaming tokens crash drastically, most times beyond redemption. Some times it makes one loose interest in this games. Taking the Pegaxy game as an example. From a high of 0.25 to today's low of 0.005, all under one month. Same thing happened to the slp token for axie infinity. I wish they could create more utilities for this rewards tokens so that there would be more interest to hold.
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Basically it's because all of them have a similar circular economy. Meaning the utility is only for increasing the production rate, which in turn is either sold or invested back for higher production rate. Until it's no longer sustainable
With that model no wonder most hardly last. Is it that difficult to build in more sensible utilities for this tokens. It makes no sense continuing with a game when the rewards are practically nothing to write about.
My opinion is this: for that the game's first and foremost selling point must be its fun aspect. Just like traditional gaming, the earning potential with scarce resources must be set beforehand
Yeah, I understand this brov.
I agree with you