Pro
Cases For and Against Crypto Gaming
Key Insights
- Crypto gaming has both massive skepticism and massive investment. Picking a side requires an understanding of both the bullish and bearish cases.
- Bears focus on unsustainable economics, high failure rates, and a potential lack of product-market fit as key points in the bearish case.
- Bulls focus on the total addressable market, gaming’s advantage in user adoption, and forecasted improvements in mechanism design as key points in the bullish case.
Intro
Crypto games were once touted as digital nation states enabling a form of universal basic income through the medium of online gaming. Now that popular GameFi titles like Axie Infinity, Defi Kingdoms, and more recently STEPN have faced large downturns (if not outright collapses), the future of crypto gaming doesn’t seem so sure.
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