[_fat_santa]

The problem I have with all these Web3 games is they are incredibly expensive to participate in. The core problem seem to be that they use real world crypto currency as in-game currency, which leads to in game items like plot of land, going for $300k [1].

All these games are going to run into a brick wall eventually unless they figure out their own in-game currencies that are detached from crypto. They will always retain a playerbase in some regard of folks that are willing to dump insane amounts of money into a game, but IMO any sort of scale for these games is out of the question until in game items stop costing thousands of dollars.

Last thing I will say on this is it seems that all these blockchain/crypto games are confused about what they are. Take Axie Infinity, it's a game, but it also sells itself as a way for people to make money, and also sells itself as an investment vehicle via those expensive in game items. All this sounds really great on a landing page until you start thinking about it. Is Axie trying to be a game? Are they trying to be a job? Or are they trying to be a form of investment? What I think will happen is the communities of these confused games will rot, the first group of "gamers" will swiftly exit because of the prohibitive cost, the other two groups will stay to try and make a buck but without the first group in the picture, demand for the thing they are producing, flipping, minting, etc will fall through.

[1]: https://marketplace.axieinfinity.com/land/-78/17/

[Blackthorn]

> The problem I have with all these Web3 games is they are incredibly expensive to participate in.

That's certainly one problem. I think a bigger one, if the price ever becomes a non issue, is that the games just kind of suck.

[Canada]

Exactly. They totally suck, and the tokens don't add value. The "metaverse" in the context of crypto is bullshit and I believe it will ultimately be a market fail. Those promoting this crap are only interested in selling the tokens, they don't care about building the world.

I like cryptocurrency. An NFT can be a nice way to hold a position in a liquidity pool or some type of debt.

A game designed for entertainment purposes is different. If you're making a game, and you want to sell items, just sell them for dollars, cryptocurrency, gold coins or whatever money you want to accept. The value is in the game engine and running the server hosting the world, not in some tokens. The tokens mean nothing outside of the game engine, so why bother.

[cuteboy19]

It is very similar to how most MLM products are of really awful quality.

The "product" is actually the investors themselves. That is how the people at the top of the pyramid make money