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DeepNewz, mobile.
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The allocation of nearly $260 million for a 'gaming catalyst program' has sparked concerns about potential misallocation and inefficiency. Critics argue that good games are born out of passion, not money, and that many crypto games have been predatory and unsuccessful. Despite significant investments, such as the $4 billion already poured into crypto gaming, the industry has produced few successful products. Challenges include competition with traditional games and widespread skepticism among gamers towards crypto-based games.
Wait, if crypto gaming doesn't work out, what are y'all gonna do? 🫢
why did $4b go into crypto gaming and turned into almost no successful products? it boils down to a few things: 1. most crypto games are not unique in how they’re using crypto, meaning you compete with EVERY “normal” game out there 2. being crypto means 99% of gamers hate you… https://t.co/su7fhuhHm9
why do i believe in crypto? i grew up in a mostly analog world where privacy was still a very real thing you could pay for something and no one would know what it was. you could drive somewhere and neither your car nor anyone else would know where you were. almost all…
