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What exactly is a Socio-Tech Metaverse? Life Beyond means to answer that question, despite the obvious insistence that it was the developer of the game, Darewise, that presented us with the reason to ask. Life Beyond is a game built on Web3 and Blockchain, but with the insistence of the developers, it's much more than that, blending what they profess is "the feeling of a game" and "the stakes of reality".
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If that's not their goal, then perhaps they should talk more about the game part of the game. What is it that they hope will make their game interesting to gamers? NFTs won't.
Imo the game looks okay, but the 'tokenomics' worries me. Using real money for even average NPC transactions? That can backfire really quickly, and if the tokens are limited, it likely means they won't be able to give a ton away for free through gameplay.
If it's play to earn, eventually they'll run out of tokens and they can't issue more, what then? The initial core loop of the game goes bust and you're leaving it up to the players to dictate where the tokens go. And it would also diminish any rewards players get from land sales.
I dont think some developers think this through, and only look at tokenomics from the bitcoin perspective, where the scarcity of the coin helps inflate the price, but in a real economy, especially one that requires players use the currency for most transactions, not being able to issue more is a really big deal.
Logic, my dear, merely enables one to be wrong with great authority.
“Microtransactions? In a single player role-playing game? Are you nuts?”
― CD PROJEKT RED
It's okay to have fixed currencies if it isn't your main currency. There are games that have fixed amounts of currencies but most I'm game transactions are with a non blockchain currency.
I think they're making a mistake with a limited currency used for everything in a game. Consistently traded currencies aren't good options to limit. Plus there's no drain if you can't burn it, unless the next phase, introducing the new currency is what they'll do to burn the first generation. What a shit show that will be.
The site links to a PDF that actually has a fair amount of information regarding the actual game aspect, far more than I've typically seen for games with a piay to earn element.
The game part actually even comes first in the document. Unusual...
It might merit a bit more than outright dismissal. At least it doesn't quite feel as though the game is the complete afterthought most of these seem.
This is the essence of Necrotic-stage-capitalism, all "business" is wholly about the spreadsheet, wholly about quickest pay-out, whatever the supposed "goods" or "services" are, that's entirely secondary at-best to the quick cash payoff.
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2024: 47 years on the Net.
MMONFT through and through, and a hard pass, at least for me.
"True friends stab you in the front." | Oscar Wilde
"I need to finish" - Christian Wolff: The Accountant
Just trying to live long enough to play a new, released MMORPG, playing New Worlds atm
Fools find no pleasure in understanding but delight in airing their own opinions. Pvbs 18:2, NIV
Don't just play games, inhabit virtual worlds™
"This is the most intelligent, well qualified and articulate response to a post I have ever seen on these forums. It's a shame most people here won't have the attention span to read past the second line." - Anon
"True friends stab you in the front." | Oscar Wilde
"I need to finish" - Christian Wolff: The Accountant
Just trying to live long enough to play a new, released MMORPG, playing New Worlds atm
Fools find no pleasure in understanding but delight in airing their own opinions. Pvbs 18:2, NIV
Don't just play games, inhabit virtual worlds™
"This is the most intelligent, well qualified and articulate response to a post I have ever seen on these forums. It's a shame most people here won't have the attention span to read past the second line." - Anon
I'm hopeful there will be mainstream cases where blockchain works. I guess I'm just more patient in that regard. I'm okay waiting for a few of the positive uses, even in the face of so many terrible ones.
In many ways I appreciate the failures as much as the successes. I want people to understand the risks and learn from the mistakes of others in the industry. Maybe even scare off the speculative investors. We've completely bypassed the ability to let these games mature organically.
It feels like in the case of this game, it may be that they were a dev studio that just couldn't hack it without falling back on tokenomics. I wouldn't be surprised if animocabrands straight up said "if you build it with blockchain we'll fund it".
I agree, seeing the large amount of scams on crypto, it's probably going to creep to most "games" that offer NFT's I would just stay away from games that offers NFT, to avoid potentially becoming a victim. especially those that asked for funding at kickstarter. for most of them, it's just going to be a blackhole.