Recently, I’ve seen some blockchain game pools that are extremely popular at first, then after a couple of weeks, they feel like deflated balloons. Basically, it’s still about inflation and output mismatch: rewards are too generous, new players/real consumption can’t keep up, and selling pressure piles up; plus, once the output side becomes “stable and replicable,” everyone is left with only one thing—selling before others do. The pool looks deep, but it’s actually just emotional support.

When I look at blockchain games myself, I first ask: when external funds aren’t coming in, where do the rewards come from, and who is willing to keep paying? If the answer is “recruit new users” or “open new pools,” then it’s probably procrastination, not an economic model. By the way, recently hardware wallets are out of stock and phishing links are rampant. It seems that during these lively periods, people are more likely to get caught up. There’s really no need to click on unknown links just to save on Gas fees.