play2earn + pay2win = ?

play2earn

_{One of the crypto buzzwords of 2020, I guess.}

Play to earn means you can play a game, earn ingame assets and sell them - usually as NFTs.

pay2win

_{A multi-billion $ industry, aimed at people who suck at games, I'd say.}

To get an advantage in a game, you can buy assets that give you an advantage over other players.
Combine that with free2play and you get freemium.

play2earn + pay2win...

A lot of smarties have combined the two principles.
The most famous example in the Hive space is Splinterlands.
There are plenty of other studios, who are trying to copy that success on this chain and on others.

You know what I think the result is?

... = pay2earn

You buy ingame assets, those give you an advantage, you become more successful and earn more.

You know what that is?

MLM. A ponzi scheme. A pyramid scheme.

These games are nothing but a glorified, slightly more sophisticated pyramid scheme.
If there are no new suckers buying into it, its economy collapses.

Even some real dumb cunts who don't understand the most basic principles of blockchain or distributed ledgers or what any of this even means, understand the $$$ potential of these schemes.
You will find the most bauernschlau fuckers in and around these games and they are making bank.

While it would be ridiculous to deny that some people made good money from it, I'd recommend you stayed away from these 'games'.
Without the earn-component, they'd be subpar games, that nobody would play for entertainment.

Maybe buy in early, flip the tokens and don't look back, if your conscience allows it.
I'd recommend you tried to make an honest living instead, though.

Hive

When this chain and its forks moved to linear rewards, it became a ponzi-scheme, too.
It meant to abandon the proof-of-brain priciple, and the quality of content speaks for itself.