If you hope blockchain gaming is going to be the engine for the next bull run, you need to "break up" with all the projects that
11 Oct 2023, 20:48
🧵/1
If you hope blockchain gaming is going to be the engine for the next bull run, you need to "break up" with all the projects that:
-lack a Game Economy (if one, preferably decentralized/token based)
-use NFTs for skins and similar ideas (no utility)
-no revenue from FIAT
Same news in other sources
211 Oct 2023, 20:48
🧵/4
Without FIAT coming in the game, the circle will close very soon (dog eat dog the token holders).
To process FIAT you need to work with payment processors and platforms that won't accept you to sell anything crypto ( tokens, NFTs ).
Using KYC for 10$ = Huge Friction
Without FIAT coming in the game, the circle will close very soon (dog eat dog the token holders).
🧵/4
Without FIAT coming in the game, the circle will close very soon (dog eat dog the token holders).
To process FIAT you need to work with payment processors and platforms that won't accept you to sell anything crypto ( tokens, NFTs ).
Using KYC for 10$ = Huge Friction
11 Oct 2023, 20:48
🧵/3
Games using NFTs for skins are solving inexistent problems and create additional ones:
-99% of the world gamers don't care about ownership
-NFTs can't solve fraud, lost accounts, hacks. It amplifies it and gamers are not the most tech savvy.
-selling them for FIAT is hard
Games using NFTs for skins are solving inexistent problems and create additional ones:.
🧵/3
Games using NFTs for skins are solving inexistent problems and create additional ones:
-99% of the world gamers don't care about ownership
-NFTs can't solve fraud, lost accounts, hacks. It amplifies it and gamers are not the most tech savvy.
-selling them for FIAT is hard