Thursday, March 28

Receive salary playing? Understand the potential of NFT games


A Brazilian analyst gave an interesting reading of the cryptocurrency gaming market, which has been accused of experiencing a bubble. Among some of the accusations that weigh on this market is the high rate of project scams after raising millions with investors.

In addition, many industry critics believe that cryptocurrencies consume a lot of energy, due to their mining process.

Brazilian analyst does not believe that the gaming market is experiencing a bubble

Analyst Marcel Pechman shared an interesting analysis on his YouTube about the current cryptocurrency gaming movement.

According to him, the gaming industry moves billions a year today, citing as an example two popular mobile games, which are PUGB Mobile and Honor of Kings. According to a recent Sensor Tower study on games, they individually moved $2.8 billion during 2021.

The sum was all for the game’s developers, who did not distribute their earnings to their users at any time.

According to one account by Marcel, assuming these games had 500,000 pro players in each game and received half the revenue, the developers would keep half the money.

With a reality like this, the top players of each game, remember 500 thousand in each game, would receive a salary of US$ 500.00 per month, if the income sharing was done. That is, each player would earn something around R$ 2,760.00 monthly.

This would then be an alternative for the top players to earn income from games, without compromising the economy of already consolidated games and without the need to effectively create new coins to sell on the market.

“So there’s enough revenue to not even need a token to keep this game alive, that’s what people have to understand. Token to create money from the sky only if it is NFT, which creates any invention and sells it, but this is not the case. We are talking about gambling, an industry that already exists, that has demand, that has enough money to pay without needing the token”.

Will Axie Infinity and Star Atlas Die?

Marcel’s view of NFT games is that they are risky, particularly ones like Axie Infinity and Star Atlas, which are unlikely to pan out in the long run.

But he believes that the games industry is doing very well, and the consolidated will have to switch to the play-to-earn model (play to win), as they tend to lose revenue.

In the analyst’s view, buzzwords like metaverse and WEB 3.0 are even riskier for investors, who can lose money.

In short, he believes that the potential lies in games already established on the market, which will have to start paying their gamers to maintain their attractiveness in the long term.





livecoins.com.br