Is the Metaverse the Future of GameFi?

Remember when PokemonGO was all the rage and everyone was talking about it? Well, those days are kinda behind us now. Most gaming projects out there are all about utility and packed with NFTs. I think it's a smart way to attract new players. Just recently, I stumbled upon this game called Yuliverse, where you can dive into a metaverse that parallels our reality, all driven by some pretty cool storylines. This whole idea is a fresh take on the tap-to-earn model in gaming. But here's the thing, a lot of games these days seem to be losing their charm. This one, though, has really nailed a solid gaming system, and honestly, I feel like game developers need to up their game to stay relevant. Or is it just me thinking this way?

the problem is, to create a good game that can make these gaming project relevant requires big funding, but most of these gaming project are highly underfunded, as a result a low quality game is released, often time just recycled game, don't expect this niche to become relevant anytime soon if things like this keep happening, I think since most gamefi project are underfunded, they should just focused on creating platform that can integrate blockchain with games from genuine game developer whether indie or big corporations. other than that, I'd expect gamefi project to only become relevant just because people can earn something from it but it will never be a sustaining niche. try to create a genuinely good game then we'll see the niche become relevant.

Luckily there exist genuine game developers that have already well established histories of creating good games, albeit the DeVCoin project created to hopefully support free open source development never did seem so far to provide a whole lot of funding to such developers. You are right though that lack of funding does massively retard development; most aspects of the Galactic Milieu have long had to be put on "back burners" so to speak in favour of aspects, such as the simple trading of underlying cryptocurrencies, which might reasonably be hoped to eventually produce sufficient funding to permit some focus to begin to return to aspects other than the sheer economics of both the game itself and the actual funding of its development deployment and maintenance. -MarkM-

What you said is true concerning the funding aspect…didn’t even thought of it that way. Hopefully, investors get more interested in gaming industry.

like the second commenter stated, most games are underfunded and receive very little support leading to low quality games. Of course such games can't attract players let alone get them hooked. The game you mentioned; Yuliverse has massive support. Talking about support from Animoca ventures, Life Capital, Cyberport in Hong Kong amongst others even as far as support from exchanges. I found this exchange already hosting two events for the project. https://www.bitget.com/support/articles/12560603821892#:~:text=Complete%203%20tasks,10%20YULI%20airdrop If some gaming projects gets such support, they most definitely will be relevant.

Projects that don't "grow up" and remain stuck in simple 2021 mechanics will disappear. The future lies in hybrid solutions: Augmented Reality (AR) + SocialFi + Real Economy.

I agree gaming projects need to level up, but I’m still cautious. Metaverse, NFTs, and lore sound good on paper, yet many projects overpromise and underdeliver. If onboarding depends mainly on token incentives, it won’t last. Gameplay has to come first, earnings second.

GameFi lost momentum because most projects focused on earning instead of fun metaverse style games at least try to bring immersion back the risk is still sustainability since rewards models break easily.