Therefore, the total value of "GameFi" tokens, which are frequently used to refer to cryptocurrency games, was about $10 billion, give or take a few billion.
Are they making a mistake that they might later regret? Does this imply that game developer may be held accountable? What consequences—fines, registration, and disclosures—will there be? Few investors have given this $10 billion subject any thought.
Despite the fact that cryptocurrency gaming is undeniably becoming one of the most entertaining game genres and that many people have started accepting or even developing these games or NFT stores in games through Altura and other technologies, this is all happening. There are a lot of folks that love these games.
The punishments meted out to game developers may vary based on how lenient the SEC officials feel. At the very least, developers will be required to follow the same transparency rules as American public companies.
A rapidly declining user base is a more visible problem for developers than unforeseen legal ramifications. Axie Infinity serves as a wonderful example of that.
What do you anticipate happening, and how might this affect the game industry?
Source: https://www.reddit.com/r/NFTGames/comments/x8n16o/do_you_believe_that_games_involving/
