Do Tap-to-Earn Games Have a Future? Experts Weigh In

In 2024, Tap-to-Earn clicker games like Notcoin and Hamster Combat attract millions of users eager to earn money through simple gameplay.

BeInCrypto spoke to industry experts to determine whether this trend has a future or will be forgotten once the hype is over.

What are Tap-to-Earn Games?

Tap-to-Earn games involve players repeatedly clicking on a screen to achieve various goals, such as collecting resources, improving characters, or earning points and tokens. These games are part of the broader Play-to-Earn (P2E) GameFi sector, where players earn cryptocurrency through immersive gameplay. Some Tap-to-Earn games also incorporate social interactions, like competitions and cooperative tasks.

Features of Tap-to-Earn Clicker Games

• Simple Gameplay: Clicker games are characterized by simple and intuitive mechanics, mainly involving tapping the screen or buttons.
• Gradual Progression: As players progress, they can increase their abilities and acquire new items or characters, enabling them to achieve higher goals and unlock new levels.
• Automation: Many clicker games offer options to automate actions, streamlining gameplay.

Some of the most popular Tap-to-Earn games in 2024 include Notcoin, Hamster Combat, Blum Clicker, YesCoin, and TapSwap. They have attracted millions of players by offering simple mechanics and easy money-making opportunities.

Read more: Tap-to-Earn: What to Know About the Crypto GameFi Trend

While some believe Tap-to-Earn games are an excellent way to onboard new users into crypto, others see them as a passing trend likely to fade once the initial hype subsides. Proponents highlight their simplicity and engaging nature as perfect for newcomers. Critics, however, question the sustainability and long-term value, suggesting these games might not offer lasting benefits.

What Lies Ahead for Tap-to-Earn: Experts’ Opinion

Financier and asset manager Alexander Ryabinin believes Tap-to-Earn games have no future. He argues that these projects are designed solely for marketing, luring users with promises of earnings without investment. Ryabinin warns that once mass selling of internal tokens begins, the projects may collapse like pyramid schemes.

EMCD Communications and PR Director Mike Lvov agrees with Ryabinin. He is skeptical about these games, likening them to temporary hypes like NFTs. Lvov doubts the long-term prospects and believes the popularity of Tap-to-Earn will fade by the end of the year.

Conversely, Alex Reinhardt, founder of Smart Blockchain, views Tap-to-Earn as a new twist of the Play-to-Earn model. He notes that these games attract users with simplicity and low entry barriers. Reinhardt predicts that following the success of Notcoin, new games will continue to emerge, with their future hinging on developers’ ability to offer valuable content and maintain token value.

Bitsgap CEO Maxim Kalmykov also sees promise in this trend, suggesting it attracts users previously unfamiliar with cryptocurrencies. He believes the future of cryptocurrencies involves mass adoption and onboarding new users into the digital asset market.

The main question remains whether these projects can offer lasting value and sustain interest in their tokens. The fate of Tap-to-Earn games depends on various factors, including marketing strategies and market conditions, but they are certainly attracting attention and continuing to develop.

Source