A Guide to Getting into the P2E Space in the Bear Market That is 2022

By: Earl Carlo Guevarra | June 20, 2022
A Guide to Getting into the P2E Space in the Bear Market That is 2022

Everyone of us knows that the P2E gaming winter is here to stay for now. Many of our favorite games are in the red right now – and there’s no way to know when the next blastoff to the moon will ever happen again.

 

However, for some of us who are willing to take the risk, it is also a great time to find new gems that could blow up big even in the sober year that is 2022!

 

Without further ado, here are the points that you can put into consideration – take note that these points both apply to P2E and NFT gaming titles.

 

Pick a game that you believe in.

 

If you pick a game just for the money – well, it’s not a bad idea, but you’re going to be rattled harder when times like this come into play. At least, when you pick a game that you actually like, you would be able to have a reason to stick with it in the long run.

 

Have a look at its prospects.

 

Is it backed by a proper studio with experience in creating games? Is it deemed promising by reputable investors and community curators? Is it something whose community is grown through organic means? Is it still early in its life cycle? Finally, is it sustainable and viable in economic terms?

 

If you could answer yes to all these questions, then you might have a hidden gem in front of you.

 

Will you enjoy the game once it’s done?

 

This is actually the key to surviving the crypto winter right now. If you genuinely enjoy the game (especially its mechanics and lore) and treat the P2E earnings (or any other peripheral benefit) that you get as a bonus, then it should be the one for you.

 

One of the best examples of a game that actually has an active fan base (and has a lot of spending players) is Crazy Defense Heroes by Animoca. The gameplay is well-established that one would play the game normally even if it wasn’t connected to a blockchain network.

 

Is it something that you could recommend as a normal player?

 

Most P2E games are generally recommended by players who are hyped about the earnings or the buzz that the project generates, especially on social media and elsewhere. However, as it stands, games with actual gamepl;ay and players who want to be a part of the community (instead of the “player as investor” model) would be the ones to get the most out of this period (and establish themselves as solid choices going forward).

 

A project that you could recommend even as a normal, non-P2E player, is a title that you would be able to stand by through thick and thin.

 

Alternatively, could you manage your risk?

 

Of course, there are people among us who treat games as something of a “short-term” investment. In this case, don’t get blinded by optimistic possibilities and by greed; take out your earnings whenever and wherever you can – especially if you are trying to fill up your ROI (note that this should not be a problem if you didn’t get into a P2E/NFT gaming title at its ATH).

 

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What do you think? Is 2022 a great year to “get in while it’s low”? Do you have any projects in mind? Or is this year something that everyone should avoid when it comes to P2E and NFT games?

 

We here at P2E News do hope that you find this guide useful as you begin to trek your own path within the space that we all love this year!

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