GameHub new populer Crypto gaming Play to earn Metaverse

Although video gaming is not a new industry, the recent rise of blockchain technology has created a cross-section where developers have the opportunity to add real-world economics to their creations. This cross-section is known as crypto gaming.

In crypto games, players earn rewards such as cryptocurrencies and NFTs, which can be traded for traditional money. People can also profit by investing in native tokens — as more users play a game, its tokens rise in price and benefit early investors.

As a relatively young sector, however, crypto gaming still faces multiple issues. One is financial — the volatile market makes it risky to store value in these assets.

The other risk lies in the technical side of cryptocurrency. Projects can be hacked or flawed in their code. Procedural errors might also result from wrong addresses, mismanaged fees, or lost access.

This article will cover the essential risks associated with crypto gaming that you should know and how GamerHub plans to resolve them.

Financial Risks
The crypto gaming sector is now saturated — despite thousands of blockchain games on the market, only a minority gets the public’s attention. Gigantic sums of money pour into titles like Axie Infinity and Decentraland, while others are just big failures, if not outright scams.

These underperforming (to say the least) games have zero to no users and funds while heavily advertising themselves with buzzwords and fancy offers. This phenomenon reminds us of the 2017 initial coin offering (or ICO) craze when developers created thousands of new currencies. Yet, those projects soon vanished as they lost all value in their digital token.

This massive disparity between success and failure creates the first problem in crypto gaming. How do you gauge the potential of a project? How do you know for sure you are investing in a good token?