Buzz
Despite being a new trend, it's undeniable that NFT games still have numerous shortcomings.
It's undeniable that the NFT gaming trend has truly sparked a frenzy at the moment. To the extent that terms like GameFi, NFT Gaming, Metaverse are becoming new trends of interest and investment for the youth. Beginning to garner attention after the remarkable success, gaining the spotlight of Axie Infinity, and up until now, the number of new NFT gaming projects launched has been so vast that it's difficult to count them all. However, despite undergoing a relatively long process of formation and development, most NFT games still face some unresolved issues as follows.
The 'inflation' issue in games
In reality, in every game, whether traditional or NFT, starting early always provides somewhat of an advantage over latecomers. This is inevitable in every game genre, whether it's MOBA, MMORPG, or others. In NFT games, this is even more evident.
Just look at the success of Axie Infinity. It wouldn't be too difficult to find gamers who have previously made significant profits with this game. However, over time, as the 'economy' in the game fails to operate properly, inflation occurs, and we can easily observe that Axie Infinity is no longer the promised land for gamers as before. The initial investment costs skyrocket, while the value of reward tokens plummets, leading to increasingly longer capital recovery times, making even newbies wanting to join Axie Infinity feel disheartened. That's precisely one of the perplexing issues of the NFT gaming industry at the current moment.
The rising menace of chicken baiting and scams
There are numerous NFT game projects, but upon closer inspection, many will notice that the number of truly officially released games is significantly fewer compared to the 'projects' advertised on paper. This is largely due to the profit-driven mindset of many NFT game projects, among which, the most notable is the issue of chicken baiting and scams.
Many NFT game projects raise staggering amounts of capital with high expectations, but what follows is completely contrary. A recent example is Pixelmon, which raised $70 million but produced a game whose graphics resemble those of games from 20 years ago. The question is, what was the $70 million used for, and what happened afterward, perhaps we'll each have our own answer. However, it's certain that at the current moment, NFT game projects are still in a state of confusion and also creating countless troublesome issues for gamers.
