Don’t Use “NFT” or “Play to Earn” to Market Your New Crypto Game

Anyone that has spent time in NFT/crypto gaming over the last year or so knows that almost all traditional gamers have no interest in “NFTs.”

You can without a doubt say they straight up hate the idea.

Related articles

DraftKings Exits NFT Business Due to Legal Issues

30 July 2024

BlockDAG’s Leadership Unveil – Crypto Market Titans Behind Game Changing Presale Challenge VeChain and Optimism’s Growth

30 July 2024

Steam and Minecraft banned them in what could be the most shortsighted move in gaming history.

When a typical gamer has to google “NFT” followed by “fungible” you’re setting yourself up for marketing failure.

“Non-fungible token” appropriately describes what they are but is far too technical and is not familiar enough for most gamers.

ADVERTISEMENT

Couple this with the myriad of scams and copy/paste jpeg products and you get basically nowhere with the crypto gaming sales pitch.

If You Don’t Understand Bitcoin, You Won’t Understand NFTs

I argue you’re skipping a step when trying to get people to understand an NFT. The idea of digital ownership and scarcity starts with Bitcoin/blockchain, and I would be willing to bet 90% of gamers wouldn’t be able to explain how Bitcoin works.

Seasoned vets take their Bitcoin knowledge for granted and thus forget how handy it is when talking Ethereum, Polygon, smart contracts, and NFT tech.

If you can’t explain the origin, how will you understand NFTs out of the box?

My 2019 explainer video begins the lesson with this approach and you will see almost all comments on the video are positive in regards to “getting it.”

Launching a Game with a Token is a Disaster Waiting to Happen

Launch your game with a token and prepare to get dumped on.

Spend any amount of time pitching a new “play to earn” game to a traditional gamer and they will constantly ask “how much can I earn? per day? per month?”

As a game developer, don’t act like you spent time running the math like Milton Friedman on your inflation schedule, distribution, supply cap, etc.

You’re one comma away from a total meltdown.

Most new players will not care about the gameplay, and will try to get in during an initial token price pump with the intention to dump and move on.

A token, especially for governance, should not be introduced until far into the game’s life cycle. When the game itself has proven to be fun, engaging, and supportive of its community, a token offering gains value.

Old School Example – Warcraft 3 Governance Thought Experiment

As a long time Warcraft 3 player, I often cite it as the perfect example of how player governance might work.

The game is 20 years old and remains very popular. However, Blizzard has all but abandoned updating the game especially after the disastrous WC3 Reforged release.

Players sit around waiting for balance patches that never come.

Instead, player governance could be owned and delegated to the players and influencers most active in the community.

Long time fan favorites like Grubby spend a lot of time making their own balance patch lists.

In a player governance scenario token holders can propose a balance change. The community then votes based on ownership/delegation, and you decide to implement from there.

This kind of player token ownership would have immediate monetary value, and Blizzard could even get a tiny cut of all transactions.

This is because the game has built up tremendous replay value with a fiercely loyal fan base.

Blizzard would likely never implement this kind of change far into the game’s life cycle, but a new game designer should consider how the value comes from long term successful implementation of fun gameplay.

For more on tokenomics, read this thread from last summer during the Axie Infinity craze:

Alternative Game Launch Strategy

Just make an awesome game. Implement the NFT/web3 stuff in the background and don’t make it part of the pitch.

Tag skins, items, and collectibles as “player owned” and showcase what marketplaces accept resales.

Call out instances where interoperability is available, one of the coolest but most challenging applications of NFTs so far.

“This skin is useable in…”

For example, The Sandbox Season 3 has made Bored Apes, Moonbirds, and a number of other community NFTs playable in their game.

I am not really a fan of Bored Ape Yacht Club, but this is at least a cool implementation that showcases utility.

This guy’s Twitter avatar matches his in-game avatar.