This industry is new, nascent, play to earn, play and earn, NFTs and games, it is disruptive, similar to the era of .com companies, many are going to fall by the wayside, but those are going to pave the way for progress, the mistakes of these will be the foundations where a new industry will be built that will eventually change the world.
MC can iterate its business model to have a bright future. But just like my first proposal, it provides for self-sustainability regardless of the rise or fall of play-to-earn projects. MC must have a research area that can see the big picture, and develop strategies for the long term.
NFT game projects still have many sustainability challenges, their players lose the sense of joy that comes from playing something that amuses them for the meaning of work, the inflation of a poorly designed economy, people who previously projected their future through of the monetary profits of a token that loses value, affects the guilds. There is still a way to evolve, overcome the complexities, and cross the barriers from the sectarian to the mainstream, overcoming the hatred of traditional players to the hyper-capitalist crypto environment.
Going back to what was proposed by this proposal that I had made last November, the first in this forum, and what MC recently announced, its verticals: Investments, Studios, Gaming and Marketplace. Focusing on the player is paramount. Merit Circle Studios incubator, it’s a great idea that takes advantage of the know-how gained so far, no development, because an AAA game would take all the resources of the DAO. Composable verticals that will be the basis of sustainability for the future of the project regardless of market turbulence or the changes that a project makes in its economy. Building a good team is crucial.
Marketplace. A platform, an intermediary, that takes advantage of the transversal power of its ecosystem, beyond the advances or setbacks that different projects may have, the profit is in the fact of being an intermediary and earning commissions. Players can discover projects, buy and sell NFTs, borrow an NFT, as well as enjoy project drops, P2P market, live streamers of games, organization of tournaments.
When the platform and games become mainstream, not everyone will be able to understand and benefit from the tokens earned, MC could give players the opportunity to form alliances with DEFI projects that join the MC platform, and since where a player has access to savings, swaps, FIAT ramps, etc.
@Maven11 @Bailey @Marco