I'm relatively new on Hive, also in these kind of NFT games (I hardly can call them p2e games), however, I'm already have opinion about them, as I tried few. Generally, I see them as an MLM model (not even a successful one, so the timeline, phases are clear). Some not even that, just simply a scam.
On Hive, I've found only 1 game, what perhaps can be worthy to play (and I do). The dCrops. I really don't understand, why only this game could create good, sustainable economy, without depreciation of its token. The Crop token is pretty stable, moving in a relatively small range (its still wild, but compare to all other Hive games, free fall tokens, at least that one is working). And you receive Hive everyday after your assets holding. (Funny, but very few people play it compare to SP.)
I didn't get involved in Splinterlands, only in the pools for approx. 2 months. And with the approx. 40% APR, I still left it with minus, not even small minus... I'm glad I didn't buy any game assets.
However, I bought some packs, cards, tokens of the Genesis League Goals game (as I recognized, these games mainly MLM, I decided to gamble with that one). Overall, it is a huge disappointment, and the game hasnt launched yet. The same devs like SP, I already see, there is a huge chance, the tokenomics will be fcked like hell. (They mislead people with the GLUSD name, so newbies will believe, it will be tagged around 1$, what probably won't be the case. I don't know how to call it... on Hive, when Hive has own stablecoin, what works pretty fine, they could easily use that, but no!)
You can't believe a word for the dev team, the game hasnt launched yet, but they already changed several very important things in the game, compare to the whitepaper (and they still havent corrected these already announced changes in WP).
They are late, pretty much with everything, they let the people know just couple of days before... meantime they are late by weeks, so they knew it long time ago... They talk about a fun game, but what I see, their only focus is on maximise their profit, adding more necessary ways where you have to spend money to play it, and cutting back rewards... and again, the game hasnt launched yet... :) :) :)
I pretty much feel I was scammed, if I would have known the today situation, I never get involved in that months ago.
Hopefully, I'll get out from the 'game' around breakeven, maybe some small plus, as I was in that early. Anyway, it is a good lesson for me, stay far from the so called 'p2e games'... and that's my recommendation to everybody. more worthy to buy randomly pre-sales, shtcoins for gambling, that takes almost zero effort, includes much bigger chance to earn some compare to p2e games...
There are many such startups which ended in loss for the investors. Splinterlands has been a good choice for me. I had purchased its starter packs much before it was actually started. It ended in lots of profit for me. At present value of my cards is about $3000 which was once more than $35000. Also, the people associated with it are well reputed and old steem whales.
i know that, that's why i stayed far from things like this in the past. never looked up deeper in SP past (only token devaluation), but based on your numbers, it just gives me another proof, these games are (in the better case) just MLM pyramid games, until there are newcomers, maybe you can make some profit, but all destiny is to fail by time...
That may be the case. I don't know what will happen in the future but it is evident that when the crypto market is high, their price also skyrocketing and vice versa.
!MEME