3 Comments
Mar 21, 2022Liked by Derek Lau

This already happened in 2021 Q4. Why would the market repeat itself?

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author

Hi Ping :)

We've seen this behaviour more in the PFP / avatar space rather than games, because there have only been a few live games. Hypothesis is that it will increase in the gaming space.

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Mar 22, 2022·edited Mar 22, 2022

I believe BNB heroes, Cryptoblades, Cryptogodz, Cryptomines suit your definition perfectly. Plenty of short-live unsustainable games went live on Binance Smart Chain last year. The dramatic crash of these type of games in last December had basically destroyed most player's interest and confidence. I doubt the market has recovered for another Ponzi-type game craze in such short period of time.

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