Clicker games are about to take a ‘significant’ downturn.
Andrew Saunders, chief growth officer at SKALE Labs, said clicker games like Catizen and Tapswap would likely lose their appeal if the current batch of tokens were released, as the games would likely not be able to sustain the hype.
Sanders told Web3 Gamer that many people are flocking to cryptocurrency idle clicker games (also known as tap speculation games) because of “airdrop speculation,” meaning they are hoping to make massive crypto profits later on through airdrops.
Clicker games are the latest phenomenon in crypto, and some of these simple games have seen huge success this year. Notcoin, a play-to-adult (P2E) game integrated into the Telegram messaging app, is leading the pack, boasting an impressive 40 million+ players.
“We offer frictionless onboarding, making it easy for both natives and non-natives to sign up and farm. Many are incentivizing referrals, which again is seamless and leverages Telegram’s existing large user base globally.”
But the main reason users spend so much time playing these games (which, let’s be honest, are pretty crappy) is the potential opportunity to make money.
Token payouts may not meet expectations.
Sanders says many new players to clicker games are likely to quickly lose interest when they realize the rewards are only worth the price of a bus ticket, even if they receive an airdrop.
““For most games, we expect to see a significant user decline following a token generation event,” Saunders said.
“Because token generation events have a limited supply and are often tied to an early user base, I think a lot of them are going to underperform,” Saunders said, arguing that many of these players are unlikely to stick around when reality hits.
“Not only will we see significant negative sentiment and backlash from them, but these users will also be less likely to drive trials for new games or refer and onboard new users,” he argues.
Saunders leads growth at SKALE Labs, the team behind the SKALE Network, a layer-two Ethereum scaling solution that promises smooth, lag-free gaming experiences and claims to handle up to 700 transactions per second.
While they don’t specifically host clicker games, they do offer popular Web3 titles like the multi-level motorcycle racing game Motodex, the sports metaverse Gamify, and the side-scrolling blockchain game Untitled Platformer.
But Sanders doesn’t think all clicker games are doomed. Some may have a chance if they take a “smarter approach.”
He points to TOM and ZESH, saying they require far less time each day and have a smaller user base, so they “may be more likely to meet or exceed community expectations.”
Hot Take: Hamster Combat examine
Clicker games are not my thing, and I am too impatient to click a lot for airdrops since my fingers get sore from typing all day, but I wanted to find out why Hamster Combat, a Telegram-based clicker game, is so popular.
Hamster Combat recently surpassed 300 million players and now claims to be preparing for “the biggest airdrop in cryptocurrency history.”
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The idea is that players take on the role of a hamster and run their own cryptocurrency exchange.
Whenever I start a clicker game like this, I often spend the first 30 minutes or so trying to figure out how it works and what the point is. The tutorials and explanations are usually pretty poor.
But maybe it’s better to forget all about that, because all that matters is clicking.
After watching a few YouTube tutorials, I picked it up pretty quickly.
Although it is a clicker game, the concept of clicking to earn points and purchasing “investments” that you use on a real cryptocurrency exchange is more akin to a business simulation game.
As in any real business, passive income is essential. When you first get into the game, you need to start tapping to build up your initial capital before buying investments.
As you gain capital, you can buy different parts of the exchange, each of which offers a certain number of tokens per hour, even while you sleep. Naturally, the more profitable ones are more expensive. This is where addiction comes in.
In theory, you could take a day off from work, invest all day, make a suitable investment on a cryptocurrency exchange, and then never have to invest again.
For example, if you purchase the Marketing Department with 1,000 taps (which takes about 30 minutes), you will earn 70 tokens per hour.
Earn tokens while you sleep
So, if you sleep only 8 hours a day, you can earn 560 tokens while you sleep on that one investment alone.
Other investments include a support team, an IT team, and even a partnership (unofficially, of course) with Cointelegraph, which pays 350 tokens per hour.
Millions of players are eagerly awaiting the launch of the Hamster Combat (HMSTR) token and can’t wait to see what happens.
Details about the HMSTR token are scarce at this time, but according to a previous announcement shared with Cointelegraph, the upcoming airdrop of HMSTR tokens is said to be the largest airdrop in the Web3 industry.
Overall, even if you haven’t earned any crypto tokens yet (or maybe you never will, who knows), this game is pretty addictive. It gives you the taste of building your own empire.
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Okay, I’ll admit, right now I’m hoping all these passive coins I’m accumulating will eventually turn into crypto tokens, but even if they don’t, clicker games don’t seem like a waste of time and are worth a try.
You may even think about creating your own exchange.
Earn Alliance CEO Says Web3 Games Could Be a Better Side Job Than Uber
According to Earn Alliance CEO Joseph Cooper, playing Web3 games could be more profitable in the next few years than driving an Uber and picking up drunk people on a Friday night.
“Playing Web3 will trump all opportunities for secondary and passive income streams in the future,” Joseph Cooper told Web3 Gamer.
But while Uber Money is cool, users want to know if they can still get rich playing Web 3.0 games.
Cooper gives a roundabout answer that the word “wealth” is a relative term.
Some people may work longer hours for less money, others may work less and earn more. It all depends on your perspective and where you actually live, he argues.
For example, Axie Infinity, a blockchain-based gaming metaverse, peaked in January 2022 and has become a source of income for people in developing countries like the Philippines, Indonesia, and Venezuela.
But the sad thing is that in Web3 games, just participating in the game is not enough. If you want to make money from the game, you need to have some skill.
But he believes there is real potential for serious gamers to make money from it, given recent trends such as the International Olympic Committee announcing that Saudi Arabia will host the first-ever Olympic esports competition in 2025.
The partnership between the IOC and Saudi Arabia will initially last for 12 years. “Our commitment to esports is simply a reflection of the world our young people live in, and now we all have the opportunity to write a new Olympic story together,” HRH Prince Abdulaziz bin Turki Al Faisal, Minister of Sports and President of the Saudi Arabian Olympic and Paralympic Committee, said in a statement on July 12.
The event will be held in the futuristic city of NEOM, which means “new future”, and promises to provide high-speed internet, virtual reality capabilities and other cutting-edge technology for the event.
“As eSports is accepted into the Olympics and more competitive games are created, Web3 will create more opportunities for competitive gamers to make a career out of it, not just for all gamers,” he explains.
Recently, Earn Alliance launched a new “Participation as a Service” system that rewards gamers for their time and opinions, while also allowing developers to test out new projects.
Sanders predicts big things will happen in Web3 gaming this year.
“2024 is the year when Web3 game distribution will significantly accelerate, some of the better-funded projects will launch early access tests, and the industry as a whole will reach its highest ever active user base experimenting with Web3 games.”
Other news:
— English Premier League football club Manchester United has launched a new Web3 fantasy football game, which the club claims is the first of its kind built for a Premier League club, based on the Tezos blockchain.
— Sandbox has partnered with Magic Eden to build a leading marketplace for current and future NFT minting.
— Game7 has announced its “most significant release yet” with Game7 Credits, a system that allows users to earn credits by completing quests.
— Ronin Network announced the launch of The Forgotten Runiverse, asking their 213,300 followers: “What happens when the largest decentralized fantasy franchise teams up with the world’s most-used blockchain via DAA?”
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Sheeran Lyons
Ciaran Lyons is an Australian cryptocurrency journalist. He is also a stand-up comedian and has worked as a radio and TV presenter on Triple J, SBS and The Project.