RE: Gaming On ETH An Expensive Disappointment
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It boggles my mind why anyone would create a game on a blockchain with high fees like ETH has. Eventually you run into the economic problem where the transaction fees are higher than the actual assets of the game, which in turn make the game no longer worth playing.
The only game I got into on the ETH blockchain is Gods Unchained and it is a great game, I have not played it in awhile though, so not sure how it is now. I bought a few card packs but I saw right away the game would eventually be unsustainable because of the fees you had to pay for buying the card packs. Eventually some of the cards would be worth less than the fees you would pay to buy them...
The reason blockchain technology was created is to reduce the cost of moving currency from point A to point B, which the banking system has had a monopoly on since the creation of currencies. When you have high fees on a blockchain there is no more incentive for people to use it.
When whales are willing to blow a lot of money in a game that creates incentives for other game developers to try their luck. They see past “success” and try and repeat it. In the short term it worked out for many. Once we have ETH 2.0 things could swing up again and start to bloom. Until then, it’s going be some hard times for as they fumble around in the dark.
At least from what I recall ETH has had moments in the past of high gas prices that than reduce to something more reasonable over time. This prolonged amount of time seems to be hitting the hardest for many. I think I only had a few hours over the past 6 months where I found a window of cheap gas to get some stuff dealt with.
I’m in the same boat I don’t play it anymore. I even tried selling a few of my cards and other things with little success. I at least had one large sale early on that covered what I spent on the game.
!ENGAGE 15
ENGAGEtokens.