Opinion: Why do I believe GameFi will still lead the next wave?

The next plate rotation will be Gamefi, which is still very early in the field. Even if the entire industry is currently sluggish, Gamefi may become the tipping point of the industry and usher in explosive growth. This article may bring you some valuable news, read to the end to get Alpha.

Over the past 6-7 weeks, the vast majority of tokens have been on a downward trend (except for some small-cap altcoins that have outperformed), and the NFT market has been choppy during the same period. We are going through a market that is fragmented.

We have seen many investors making huge profits in the NFT market through AzukiZen, BAYC and AdamBombSquad, and some of them even turned 5ETH into 100ETH or more. So where does the money end up going?

I believe that some of this profit will flow into gaming NFTs because they are used to buying NFTs, and we can also see some NFTs have launched full game roadmaps.

But this does not seem to be so friendly to DeFi. Through understanding, investors in the DeFi circle also believe that funds have indeed been transferred to other sectors. On the one hand, Gamefi is a good balance of NFT+DeFi, and investors in both fields can participate in Gamefi's projects well. Gamefi developers, on the other hand, have been building nonstop over the past few months, and many projects will soon have new products coming out. In the last cycle, Gamefi was almost all p2e, and part of the population has grown tired of Axie's model. However, this is about to change.

Play To Earn (P2E) has started a shift in the direction of Play And Earn (P&E), and this shift is very popular in the Gamefi community. After reading numerous articles and participating in discussions with other game economists, this transformation of Gamefi is already beyond doubt. P&E's game design will first bring some traditional competitive game players into blockchain games, and further bring more game types into the field.

More and more traditional game companies have also announced their entry into chain games. A series of traditional game companies and investment companies such as Ubisoft, Microsoft, and Softbank have announced to invest in chain games and enter the Metaverse. In the future, there will be more and more players. Legacy companies come in and invest in Gamefi. Of course, many crypto funds are also rushing to recruit Gamefi investment team talents, such as A16z. In short, more and more capital is entering Gamefi, and the transition from Gamefi to P&E will attract more capable and popular gamers -> may bring about a better encrypted e-sports ecology, thus forming a positive cycle .