Mecha Infinity: Behold! The Stepping Stones of GameFi Through The Years
The global industry of Play to Earn games started to emerge way back in February 2014 as an experiment, when Huntercoin by Xaya. In this game, users could obtain resources, battle in player vs. player combat, and conquer the map. It proved to the world that blockchain gaming could intercept productively.
The great fall of Bitcoin in 2013, resulted in a threat to the confidence of people to participate in the blockchain. They see it as a dead end when it comes to investing, therefore, it causes play to earn projects to have radically reduced. Considering at that time cryptocurrency is taboo as a scam, bitcoin is an unreliable currency and people elude away from Play to Earn games.
With the increasing number of Play to Earn games, the dark side of cryptocurrency begins. “Rug pull” happens when the creators of the coin would sell all of their coins at a high value after investors have given them money then pump up the price of the coin and abandon the project. These scams are normal and an estimated 13 billion dollars were washed out.
When bitcoin recovers in 2017, play to earn is perceived as an opportunity to leap forward.
In one case, Cryptobots launched in February 2017, which was the first-ever NFT play to earn the game. It is a combination of collectible RPG games and a grand space adventure strategy, with 10,000 Crypto bots NFTs that are used as characters in-game. After that, Spell of Genesis launched as the world’s first-ever mobile game that utilized blockchain assets. In the following years Play to Earn NFT projects finally dominated the world.
Nevertheless, some games are consistent through the years. Decentraland (MANA), The Sandbox (SAND), Axie Infinity (AXS), Stepn (STEPN), Mobox (MBOX), and Alien Worlds(TLM) are primary examples of NFT games that take good care of their users. They give them different gameplays, development, and earnings.
However, the market performance of these games is merely the same. Considering the increasing demand for these games ( which can trigger a pump ). Inflation and high-interest rates are things to consider that lead to the constant decline of prices.
This coming 2022, Polygonum, Guild of Guardians, Mecha Infinity, Race Fi, Phantom Galaxies, and more, are the most anticipated games. The developers of these Play to Earn games are offering different resolutions to this crisis. In an attempt to stabilize the earning potential of its users and create more opportunities. For example, Mecha Infinity has a dual-burning mechanism that their token uses to evolve Mecha bots to prevent the constant decline of the token. Mecha Infinity proposed that tokens along with items are used to burn to evolve Mecha, and a certain amount of tokens are circulated to increase the value of the tokens that already exist also with Polygon’s low gas fee and Ethereum presence, users are comfortable to play and earn effectively.
In conclusion, the future of Play to Earn Nft games is much more exciting with historical knowledge. There are companies (e.g Polygon Studios) encouraging different projects to work together to build a decentralized world.
To know more about Mecha Infinity, Follow social media accounts for more updates.
Official website: https://mechainfinity.com/
Mecha Infinity Social Media: https://linktr.ee/mechainfinity