It is only fair not to be concerned about the goodies of play to earn games while we ignore the common issues that players complain of having. There are some glaring issues that people have raised on the gaming model over the past few months. And denying them will not suit the overall game economy while we maintain a continuous improvement culture for the game. The issues with play to earn games may also impede mainstream adoption or negatively affect the gaming sector.
Since there is a continuous increase in the number of new play to earn NFT games releases and tokens within the space, it is becoming harder to keep up with every release to identify their shortcomings. Meanwhile, the purpose of the x-ray is to help the developer improve on the next edition. Otherwise, the problems may be overblown into a scam of the game model while ignoring the unique features that the game must have brought to the industry.
Below are some of the problems that are common with play to earn NFT games and potential solutions.
Most play-to-earn games are not deep enough for long-term engagement.
When you first think of the opportunity that NFT games bring, you may assume that it continues forever. When a game player has gone into enough online video tournaments all their life, they can tell you for free that NFT games are shallow. They may not give you the intended long-term engagement you may crave for. And the reason is simple: they were designed to satisfy the gameplayer’s financial needs rather than entertainment.
So, while there is a lot of positivity and massive hopium, there is a contrastingly little substance to back them up. Instead, gamers and investors would prefer to give the benefit of the doubt while investing in the potential that the game promises. Meanwhile, the added tons of garbage with microtransactions with questionable gameplay can be worked upon. A way to compound the issues is by focusing on consistent building for economic significance.
You may also discover a short time of actual gameplay while the bulk of the time goes into a repetitive cycle. It is hard to keep up engagement with players if your actual game time is less than 30 minutes, coupled with a string of repetitions. Therefore, the solution is to build a sustainable solution with long-term insight. The teams need to work hard and co-factor the entertainment and income generation that the gamer needs for a long time.
Many items in the game economics are not sustainable.
There is much financial magic when promoting new economic ideas and others whose mechanisms remain hidden. Experts have identified that the grand majority of the play-to-earn games are not sustainable at the start. For example, the game of economics may be left for the two sides to balance each other. The two sides are the already complex economics and the developer teams for regular game changes.
Furthermore, the current trend includes the release of the token, a large pump, and another large pump. When the minting of token ratios continues to increase beyond control, the excessive supply of these tokens can be a big problem. After a while, the game may develop some liquidity issues or lose the ability to cope with the price action or trading. So, the players should primarily see the in-game tokens as investments that are not permanently lost.
The solution to the poor game economics is to create game depth, which can burn mechanisms and prop up players’ investment. This method can be the real key to the sustainability feature of the games by creating a new path in exile and new ways to craft the currencies. Similarly, fewer players will depend on the breeding process while other little things don’t have to consume the mechanisms. The multiple layers of in-game currency will balance the economy with rare currency.
There is a super-importance in being early.
In developing the key NFT games with the proper structure, the player may not have the assurance of economic health. In other words, the game has to be as early as possible for the minting and private sale process to be eventually valuable. If anything goes wrong with the initial process, you may need to dump the tokens and continue playing the same game. Or, if you like, you may remove your initial deposit and the little profits, only that not everyone could be that lucky.
Many investors may be caught inside the hype cycles to buy a new token out of the bag holders. The solution to being early is to be sensitive to the hype cycles and seek sustainability of the game. You may also want to consider the time it takes to get the game into the market and pull through a “crypto winter.” Also, be careful of the amount or rate of investment when the token mining or creation comes late.
Retail investors have too high expectations.
The game developers need a unique ability to balance the long-term with the short-term goals. Meanwhile, the retail investors reveal such a high expectation that it puts pressure on the return on investment for regular gamers. Whereas in traditional games, you can buy a game and sit down to enjoy it, it is not the same with play-to-earn games. Why? As soon as you invest money in the game, the pressure to succeed and start making profits haunts you.
As a result, it is hardly possible to enjoy the game until you have recorded some success. More so, the NFT gaming space could be an outright failure. Therefore, the development teams must focus on building for the long-term instead of targeting short-term goals and rewards. This strategy is more critical where the short-term wins could impede the long-term growth that the business could have. In effect, retail investors can provide the best form of support in that case.
On a final note, not only are the reasons above stated for the suggested solution, you can use other means of solving the problem. Also, you can get more optimistic about the future of play-to-earn NFT games with optimum benefits. Meanwhile, it takes some time for a specific investment to mature, and if a good foundation is in place, it could lead to more lasting growth.