Members of the Web3 community offer their opinions on GameFi, From creating e-sports competitions with huge prize pools they have made game tokens more relevant to holders.
Community members gave their opinions on the qualities they believe a mature GameFi project should possess in order to be successful as the GameFi space continues its mission to draw players to a new gaming paradigm.
One Redditor stated that GameFi projects need to appeal to a variety of target audiences, including whales, who will supply financing, earners, who are mainly children and people from developing nations, and players who play just for enjoyment and will give the game positive reviews.
Another resident of the neighborhood made a point about the necessity of enhancing the area’s reputation. The Redditor claims that some people view GameFi as a fraud, and this needs to be rectified.
The community member also emphasized how beneficial it would be for GameFi initiatives to host e-sports events with sizable prize pools as incentives. A mature GameFi project, according to one user, must have a mechanism to make its token useful to gamers.
This implies that more use cases should be included. The user also recommended incorporating token mining for decentralized finance liquidity. Reverting to the fundamentals of gaming, another member of the community feels that the most crucial aspect GameFi projects should concentrate on is making the game fun and engaging so that players would return “day in and day out.”
A recent study found that some gamers are open to playing more blockchain games if they have the chance to win cryptocurrencies like Bitcoin (BTC $16,889), even though some may be against GameFi. The survey also revealed that earning Bitcoin while playing is more appealing to players than earning non-fungible tokens.
