Web3 community reveals tips for a successful GameFi project

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Members of the gaming community share their thoughts on GameFi, discussing topics like the creation of e-sports competitions with large prize pools and the upgrading of game tokens for players.

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 wide range of target audiences, including whales, who will provide financing, earners, who are mainly children and individuals from developing nations, and players who play just for enjoyment and will give the game positive reviews.

Web3 community reveals tips for a successful GameFi project

A second member of the community discussed the need to strengthen the space’s reputation. Redditor claims that several people believe GameFi to be a scam and should be changed. The community member also underlined how advantageous it would be for GameFi projects to host e-sports events with large prize pools as rewards.

A mature GameFi project, according to one user, must have a mechanism to make it’s 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.”

Despite the fact that some gamers may oppose GameFi, a recent survey found that some gamers would be eager to play more blockchain games if they had the chance to earn cryptocurrencies like Bitcoin. The survey also revealed that earning Bitcoin while playing is more appealing to players than earning non-fungible tokens.

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Mufasa
Mufasa
Mufasa is the lead writer at CryptoMufasa who likes to share all the latest info on the crypto world with you! Mufasa Enjoys enjoys a good read and recommendations so don't forget to comment on the posts and let him know.

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