Author : Kenno
Date : Dec 21,2022
Members of the community discussed the qualities they believe a mature GameFi project should have to be successful.
Community members share their opinions on GameFi and discuss issues like creating e-sports competitions with sizable prize pools and improving game tokens for owners.
As the GameFi space continues to strive to introduce players to a new way of playing games, members of the community discussed the qualities they believe a mature GameFi project should have to be successful.
According to a Redditor, GameFi projects need to appeal to a number of target markets, including whales—who will offer funding—earners—who are primarily youngsters and people from underdeveloped countries—and gamers who will play the game for enjoyment and give it positive ratings.
Another local resident mentioned the need to enhance the area's reputation. It needs to be corrected that some people believe GameFi is a fraud, according to the Reddit user. A member of the community also mentioned how beneficial it would be for GameFi projects to conduct e-sports competitions with sizable prize pools.
According to one user, a GameFi project's token needs to be usable by players in order for it to be considered mature. Therefore, there ought to be more use cases. The user also recommended using token mining to boost decentralized finance's liquidity.
Reverting to the fundamentals of gaming, another member of the community believes that the main goal of GameFi projects should be to make the game entertaining and engaging so that players will return "day in and day out."
According to a recent study, some gamers would participate in blockchain games more frequently if they could earn cryptocurrencies like Bitcoin BTC tickers down $16,717. Additionally, the survey revealed that gamers are more interested in earning Bitcoin while having fun than non-fungible tokens.