It is not unthinkable that these restrictions could be extended beyond the token sales and to include some of the play-to-earn games as well. There are already government discussions on possible regulation, and some of the tech platforms are already restricting advertising on crypto related products such as TikTok and YouTube, following the pump-and-dump debacle of ICOs a few years ago. Of course these investments are very speculative and carry a high amount of risk. There are many examples on YouTube on how to find an NFT project early. This is attractive for those who want to have a stake in the game currency prelaunch. Most blockchain game developers start by doing presales in the form of token sales for yet to be released games to attract people to invest early in the game, with the hope that token prices will rise up. For now, everyone seems to be excited about it. Is this scholarship structure similar to how ridesharing companies like Uber and Grab arrange new car leases with third parties for their drivers who don’t own cars? Or is it more like a community bank that invests in the local economy? No one has done an economic study because this space is so new. On the other hand, the question of creating an underclass of gamers comes up. On one hand, it provides an affordable entry point for new gamers to get involved by not having to amass starting capital to buy Axies, while retaining a majority of the in-game revenue earned, paying a commission to managers like YGG. These scholarships have immediate pros and cons. As this would be out of the range of most people, companies like Yield Guild Games (YGG) have stepped in to provide a service of scholarships to new players wanting to enter the game. Games like Axie Infinity have become so expensive to start that as of today, a new player would need to invest US$2000 to get started just to play. The fact that play-to-earn games are interlinked with NFTs, cryptocurrencies and asset speculation places the whole category in a grey area and stirs open a lot of debate. Regardless of how good they look, the test for these games will always be: If this game wasn’t a play-to-earn game, would it still be fun to play? Illuvium is an example of a blockchain game that inspires to be a AAA game. The next stage of blockchain gaming will be focusing more on gameplay and game graphics. Currently, Chainmonsters only has NFT items as its blockchain tokenization mechanism.We are still early in the development of blockchain games and the play-to-earn concept is yet to be proven to be sustainable. Recently, Chainmonsters registered its game under the Ethereum Domain Name Service (ENS), possibly ahead of a P2E future. The game’s chief goal is similar to Pokemon’s adventure version, where a player will set out into the world to catch as many characters as possible. The game action is set in the borderless world of Ancora, where 135 unique Pokemon-like monsters can be found, tamed, trained and sent to battle. The game is part of the portfolio of B-Side Games, the creator of the 3:21 game of serial small challenges. The chief advantage of Chainmonsters is its presence on Steam, as well as iOS and Android versions. Closed beta passes will still be valid and grant access to additional events or an earlier testing experience for some of the features. Equippable items are still listed mostly as an experiment, awaiting the game’s full launch. In addition to the free game, Chainmonsters tested inventory NFTs with a marketplace. 1C8GSeU3TM- Chainmonsters April 22, 2022Ĭhainmonsters offers to be an immersive MMORPG, reachable through a free-to-play version. Just less than 4 days left until our incredible Beta Phase 2 reveal stream!
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