Today I encountered a big scoop from Binance, which mentioned several chain game projects. When asked about these phenomena, it just so happened that new players were also asking me what chain games they could play now. My response is as follows:
1. As outsiders, it is difficult to judge the causality of Binance Labs; even if we take a step back and assume corruption really exists, it is actually unavoidable. Web3 cannot escape this, and neither can Web2. Surprising as it may be, I still hope Binance will respond to this big scoop.
2. A chain game team with a belief in Web3 can produce good products. When everyone is unsure of the direction, they continuously try, make mistakes, and optimize. Surviving without giving up until they find a sustainable economic system is the right path.
3. Players hold in-game assets on-chain, using their asset shares to vote and participate in influencing the development and operation of game products, as well as participating in the profit distribution of chain game projects. This is the ideal state of chain game ecological design. The road to this ideal state may be long; players need to be mentally prepared not to go all in on chain game assets that affect their daily lives, but to maintain a watchful and calm attitude.
4. Chain games are the first stop for a large number of Web2 users to access Web3. New entrants to Web3 do not need to directly engage in high-risk cryptocurrency trading, but can play and study wallets, public chains, exchanges, DeFi, and other cryptocurrency knowledge within familiar game communities. In this ideal Web3 entry, poor quality chain game projects that exploit players are also educating new players. Like the project parties of chain games, players also need to continually try, make mistakes, and become smarter, using their votes to let good projects thrive while bad ones are pushed out.
5. New players in chain games should be prepared for the possibility that "playing chain games does not necessarily mean making money; it may even lead to losses." Playing chain games is similar to using thousands of yuan as a VC for primary equity investment. Continuous learning and honing judgment are necessary to potentially invest in the right targets and recover principal and profit. It is common for VC investors to have 9 losses for every 1 gain, and the same applies to chain game players.
6. The chaos of a new industry indicates that there are many new opportunities. Look at AI, oil, and traditional finance; these old industries are orderly because the rules of the game have been set, and opportunities have been monopolized by early winners, making it difficult for graduates from top universities or returnees to enter. Web3 is a new industry, and decentralization is a beautiful vision, so new players should continually participate, research, and maintain their faith.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.