RE: Move-To-Earn | No-Hype Analisys
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The reality however is that all earnings right now come from new players that are entering hoping to be able to make money in their investment.
I agree with that. The value of the token can only be sustainable if a continous influx of new users join the platform. Therefore it has all the caracteristics of a traditional ponzi sceme.
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Yeah, it's often a thin line. I used to think the same when it comes down to Splinterlands and I still kind of do even though I more see the enjoyment of the actual game for most players. The valuation of STEPN though is totally retarded. It will be interesting to see where it will go as VC tokens only unlock next year and there is a big waiting list of players wanting to get in still.