PVU and NFT Games, pyramid scheme or lack of strategy?

mxryp07 in #hive-131619 • 3 years ago

I write only from my personal experience and the very little I know about this world of crypto games, last year a friend, who had apparently made good money with Axie, was investing on every new NFT game and was very excited about it. farm PVU came out and he invited me and a friend to join us.

I'm not at all a fan of video games or anything like that, but the idea of playing something and generating easy money, who doesn't like it?

First my friend entered, in total she made an investment of 200$, already at this moment the PVU currency was going down, but as most people thought, it was just gaining power. So a few weeks later, I made an investment of 80$.

From that point on, the coin took a nosedive, going from being over 20$ to being at 0.015$.

In addition to the obvious lousy (or malicious) management by the developers of the farm, as well as the creation of a new parallel game that nobody wanted to invest a penny in, the game gradually earned the rejection of those who They had invested in it.

I tried for a while,even when I was not generate profit, i keep up with the faith that at some point I will even recover the investment.

At that same time my brother entered on cryptomines, and something similar happened, from one moment to the next the currency collapsed and if you did not make the profit at its best moment, there is no turning back.

Many comments that I've read in this last month designate to these games as pyramid scams, in which the first to enter win the most and those who enter last are the ones who feed the pyramid.

In fact, many of the players who say they are making profits in PVU, explain that they entered when the currency was at its best and they managed to put together good teams, recover investment and make a profit.

Now, why does Axie or Splinterlands seem to be any different? Maybe better decisions by the devs? Because is it's audience more loyal? Because it has remained stable and gives confidence to more people to continue entering?

I do not regret having entered PVU, it was an experience that I needed to learn that easy money definitely does not exist. And if it exists in other games I won't know anymore because I lost my money there.

Thanks for reading me 😁

As I said at the beginning, I speak from what little I know and it is possible that I am wrong about many things.
Any correction or explanation I will receive it the best way since it may help me understand this world that seems so complex to me.

Imagen obtenida de https://docs.plantvsundead.com/

#nft #proofofbrain #pvu #leofinance #crypto #blockchain #gaming #cryptocurrency #games

3 years ago in #hive-131619 by mxryp07

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ecency 3 years ago

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ahmadmanga 3 years ago

I can't talk about Axie, but I'll answer this with what I know of Splinterlands.

"Now, why does Axie or Splinterlands seem to be any different? Maybe better decisions by the devs? Because is it's audience more loyal? Because it has remained stable and gives confidence to more people to continue entering?"

The management of Splinterlands is stellar, and they know how to retain the value for their cards for a long time. The game is also a bit fun to play, (not much, but there is actual strategy involved, and the cards are interesting on their own.) There's a fine line between "Fun game" & "Feeling like a Job" & splinterlands team always adjusts their game to be as close to that line as possible. That's impressive in my opinion.

I do think the investment aspect of Splinterland hurts the fun aspect of it. Players at the top don't notice this, but when making an actual video game one of the challenges is to not make players feel someone else had an unfair advantage over them. MMOs struggle with this, but they at least try.

Splinterlands openly admits that the earlier you join, or the more money you put in, the more benefits you'll have. Even if they're purely cosmetic benefits, it still feels unfair to the players at the bottom...

I don't remember where I heard it, but someone described these games as having "Ponzi-like traits," it's not a true prymid scheme, since the game's supposedly able to exist even if no new money comes in, and if the developers played their cards right, they can bounce back. Since the game is on blockchain, fans can clone/remake the game's servers if the developers screw up as well & all players will retain their cards in a way.

Most of the blockchain games creators can't or aren't willing to offer the same level of dedication to their games like splinterlands team, and that dedication is essential for the game to not eventually become a ponzi-scheme... That's what I think.

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mxryp07 3 years ago

It sounds incredible, and it's what logic would tell anyone to do.

That's why almost all of us agree that the PVU thing was a complete scam from the beginning.

Before the lousy decisions they did nothing to earn that trust and interest from their players. it was extremely boring and when it started to fall there wasn't really a motivation to stay other than barely recover something and run away. They continue to work on the game so that it survives but I think they lost all credibility and really made a lot of money, I don't know how interested they are in making the game worth it.

If I had known more about these games I would have tried a more stable one. Let's hope that Splinterlands and Axie continue to work wonderfully in the future and have the possibility to play them 💗

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