Any sort of early access game is a risk. For example, I was burned on Steam EA with Spacebase DF-9 which was abruptly cancelled. However, I've gotten my money's worth (or more) out of probably 90% of alpha/beta games that I've played.
Blockchain games are a bit unique in that we are often dipping our toes in with hopes that we can turn a profit. There is a lot of risk there, especially given the temptation for devs to cut and run, pull a bait and switch, etc.
The key in this special case is to hedge your investment with... wait for it... fun :) I'm much more likely to invest a decent amount into a fun game like Steem Monsters than the latest musical chairs dividend paying dice game.
Aside from occasional teeth gnashing when trying to complete a specific splinter quest, I've had a blast. If things go south with SM, I've already gotten a chunk of my investment back via entertainment value.
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