What is the total mining power of TG casual chain game Capyward at 6820?
So far, I have spent about 10 USD, obtaining 12 Capy pets in pink/blue/green of various levels. I have been mining in the game for almost half a month and have gathered 11 million coco, which can be exchanged for 11 on-chain coco coins.
The token coco has not yet had its TGE, so it cannot be exchanged now. This is another TG casual game that relies on the expectations surrounding the token TGE to encourage players to spend money.
From past experiences, spending money on these TG casual games that rely on the expected push of TGE tokens will likely result in a 50% loss. In the past six months, there hasn’t been any high-profile TG game that has released tokens on CEX/DEX exchanges that allowed paying players to break even: Gomble Games, Wizzwoods, PiggyPiggy, etc., all followed this pattern, and if the token price drops, players will incur losses. If the airdropped tokens received by players upon spending money are unlocked in stages after the TGE, the losses will be even greater. Games with lower popularity are even less worth mentioning.
Based on 11 on-chain coco coins and a spending of 10 USD, the current price expectation for the Capyward game token coco is probably a maximum of 0.1 USD. If we consider the loss probabilities from previous TG games played, it is likely to be around 0.02 USD.
Recently, there haven't been any hot or profitable chain games, so I will continue to play a few chain games that I think have decent quality while waiting to see if my price expectations will come true. If, at that time, the actual token price exceeds and overturns what I have written today, then the bull market for chain games will have arrived!
