• Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • Cardano
    • Solana
  • Web 3
    • Metaverse
    • NFT
  • Blockchain
  • Analysis
  • Learn
  • AI & VR
  • Gaming
  • Marketcap
  • Shop
What's Hot

Is Staking Crypto Safe? What You Should Know Before Staking

September 15, 2026

What Is the CLARITY Act and What Does It Mean for Crypto?

September 14, 2026

What Is Cross Margin in Crypto? How It Works, Risks, and Examples

September 14, 2026
Facebook Twitter Instagram
  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions
Facebook Twitter Instagram
VIP Crypto Signals
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • Cardano
    • Solana
  • Web 3
    • Metaverse
    • NFT
  • Blockchain
  • Analysis
  • Learn
  • AI & VR
  • Gaming
  • Marketcap
  • Shop
VIP Crypto Signals
Home » Blog » Is Play-To-Earn Gaming Failing? | Web3 Daily
Web 3

Is Play-To-Earn Gaming Failing? | Web3 Daily

December 14, 2023No Comments1 Min Read
Share
Facebook Twitter LinkedIn Pinterest Email

TL;DR

  • The Web3 and Gaming space are currently trying to figure out what works, and what doesn’t.

  • Immortal’s developers announced on Monday that their chess game, which rewarded winners with crypto, started to see too much of an uptick in cheating.

  • Trying to incentivize gamers with play-to-earn functionality seemed to bring out the worst in people. Maybe its time for a new model?

Full Story

There is no better feeling than when you find the right top to your Tupperware.

But getting to that point is a frustrating process.

Grabbing a random lid…seeing if it fits or not.

Well.

The Web3 and Gaming spaces are currently going through the testing-out-all-the-tops-in-the-cabinet phase.

Here’s the gist:

Gamers and Web3 developers alike are feeling the friction – both have great ideas but they have yet to click.

The latest victim?

Immortal Games’ Chess NFTs.

Immortal’s developers announced on Monday that their chess game, which rewarded winners with crypto, started to see too much of an uptick in cheating.

Trying to incentivize gamers with play-to-earn functionality seemed to bring out the worst in people.

Maybe its time for a new model? Like:

“Play-to-collect (and-maybe-some-of-those-collectibles-will-be-valuable) but-for-the-most-part, it’s-just-a-fun-game-you-play-to-blow-off-steam.”

(Too wordy?)

Oh well, you get the point!

Source link

See also  The “Vibecession” Is Over?? (Here’s What That Means)
Daily Failing gaming PlaytoEarn Web3
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Proof of Play to shut down after blockchain gaming thesis falls short

August 5, 2026

From NFT gaming to mining simulators

July 29, 2026

Top AI Logo Generators for Web3 Founders in 2026

July 17, 2026

Web3 Wallet Explained: Keys, dApps, Tokens & Security

July 9, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Is Staking Crypto Safe? What You Should Know Before Staking

September 15, 2026

What Is the CLARITY Act and What Does It Mean for Crypto?

September 14, 2026

What Is Cross Margin in Crypto? How It Works, Risks, and Examples

September 14, 2026

Subscribe to Updates

Get the latest news and Update from VIP Crypto Signals about Crypto, Web3, Metaverse, NFT and more.

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest YouTube
Top Insights

Is Staking Crypto Safe? What You Should Know Before Staking

September 15, 2026

What Is the CLARITY Act and What Does It Mean for Crypto?

September 14, 2026

What Is Cross Margin in Crypto? How It Works, Risks, and Examples

September 14, 2026
Get Informed

Subscribe to Updates

Get the latest news and Update from VIP Crypto Signals about Crypto, Web3, Metaverse, NFT and more.

Facebook Twitter Instagram Pinterest
  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions
© 2026 Vip Crypto Signals - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • FibSwap DEXFibSwap DEX(FIBO)$0.0084659.90%
  • bitcoinBitcoin(BTC)$70,953.006.13%
  • ethereumEthereum(ETH)$3,664.5818.50%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$627.698.99%
  • solanaSolana(SOL)$181.131.69%
  • staked-etherLido Staked Ether(STETH)$3,662.5418.48%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • rippleXRP(XRP)$0.545.05%
  • dogecoinDogecoin(DOGE)$0.1634778.14%