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@cafebit
The author argues that the #GameFi trend is still worth investing in despite its recent decline in profitability. They believe that the market is simply waiting for a broader market recovery before GameFi can truly explode.
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Cafebit.org pfp
Cafebit.org
@cafebit
- GameFi projects in 2024 have addressed many of the shortcomings of 2021-2022 projects. - GameFi is no longer concentrated on Ethereum and BNB Chain, but is now spread across many platforms. => Overall, the author believes that GameFi is a long-term investment opportunity with the potential to revolutionize the way we play games and earn money.
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Cafebit.org pfp
Cafebit.org
@cafebit
- GameFi's profitability has declined compared to other trends like AI, RWA, and Memecoin. - GameFi's metrics on Ethereum, Solana, and Arbitrum are also lagging behind those of DeFi, Memecoin, and NFT. - The author believes that GameFi's "PLAY" and "EARN" elements are both important for long-term success.
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