in the previous cycle it was easy to bet on the crypto gaming sector by buying the (few) existing tokens, like prime, axs or ilv
a lot of (new) founders saw that as an opportunity to raise and release their own: and it was a fair bet
reality is that there is little to no demand for gaming tokens on the open market
we now have a diluted market, with a huge list of game tokens - with multiple down 60% vs their ATH (see picture attached)
can we solve this? if so, how?
should crypto games stop to make their own token and change their model?
if so, how would they get any funding to develop their game? much harder to raise without a token
credit: @Web3_Memento for the data attached
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