Is there a future for NFT games? Thinking about the future of money-making games

When you hear about earning money by playing games, you may think of professional gamers. However, this time we will be talking about an NFT game where you can earn money by playing games more casually.

NFT games are games in which you can earn virtual currency by playing. For example, by playing mini-games or actually traveling a certain distance, you can receive virtual currency as a reward.

For example, a running app called “STEPN” that allows you to earn virtual currency by running has been a hot topic in Japan in the past, so some of you may have actually tried it.

There is a small question as to whether running can be considered a game, but it can be called an NFT game in that it has gameplay.

Now, although this NFT game seems to be on the decline in Japan, it is still attracting attention around the world.

In fact, in Vietnam, where SQOOL has an affiliated company, there is a company called AXIE infinity that has achieved worldwide success in NFT games, and there are still many inquiries as a destination for investment funds, and social interest is high. .

It is expected that a large amount of investment funds will continue to be invested in this area in the future, and I believe that the market will expand little by little.

However, we are not currently in a situation where NFT games are enough, and there are challenges that must be overcome in order to grow in the future.

The first is the lack of gameplay.
Since the primary purpose of NFT games is to earn virtual currency within the game or as a result of playing the game, both the user’s interest and the developer’s interest are high. there is no. Most importantly, it is a place where users can invest their cash in in-game NFTs and then sell them for a profit.

If that happens, it will be inefficient to let players play rich games, and the gameplay will inevitably be poor.

Users who want to play really interesting games will probably play regular games, so it’s currently difficult to attract gamers.

The second problem is that it is inefficient as a means of earning money. If you really want to earn money with virtual currency, it is more efficient to purchase Bitcoin at a virtual currency exchange. Playing games is just a waste of time.
In other words, investors will trade virtual currencies, stocks, and foreign currencies (FX) on existing exchanges, so it seems difficult to get them involved in the NFT game.

So what is the value of NFT games?
I think it will be similar to the poikatsu that is popular in Japan.
Poi activity is also a very inefficient action for increasing income or investing. However, people are happy to receive a few points while doing everyday shopping, and I understand the feeling of using points for fun. I am also doing it.

If there were people all over the world who had the same motivation and wanted to have some fun while also making some kind of profit, there would be a large market for that.

The problem is having fun, and that’s where the challenge of NFT games comes down to.
Many NFT-related apps have been created that are linked to health, such as running and sleep, from the question of whether it is okay to play games purely for small moments in everyday life. This is a natural progression.

If this kind of mechanism has an exchange as an investment separately, and the value of the virtual currency itself inflates outside of the game, it would be nice for people who enjoy NFT games as a way to earn points. That’s it.

In the end, what will happen to virtual currency in the future is also important, and once the NFT game where you can earn virtual currency while having fun is established, the social position of virtual currency will be important.

I think there is potential here.
Although it is difficult to use it as a pure game, I think it is possible that NFT games will become more popular as a fun game in the future.