Is the NFT Racing Game Craze Just a Speculative Bubble?

NFT Racing Games have been gaining popularity in recent years, but they are not much more than a speculative bubble.

One major issue is that the value of an NFT Racing car is based largely on hype and speculation, rather than on any inherent value. Unlike physical cars, these digital assets have no tangible value, and their value can fluctuate wildly based on market demand. This has led to some people buying NFT Racing cars as investments, rather than as a way to enjoy the game.

NFT Racing game bubble

Spend large sums of money

NFT Racing Games often require players to spend large sums of money to buy and upgrade their cars. This can lead to a pay-to-win dynamic, where players with more money have a significant advantage over those who can’t afford to spend as much. This can make the game less fun for players who can’t afford to compete.

Additionally, the use of blockchain technology in NFT Racing Games is totally unnecessary. The benefits of blockchain, such as transparency and immutability, are not particularly useful in the context of a racing game. The use of blockchain is simply a way for game developers to cash in on the hype around cryptocurrency.

Now Citoen is joining this bubble trend

Now Citoen is joining this bubble trend

Citroen and DS car models will be featured in an upcoming NFT racing game called Apex Kings NFT Racing. Developed by Supremacy Games, the game will allow players to collect and trade digital cars based on real car brands and models, using NFTs. Players will be able to race the cars they collect and build out their own virtual garages. The partnership with Citroen and DS will include cars such as the Citroen C3 Rally, DS E-tense Performance, DS Pallas Rally Prototype and GT by Citroen concept car.

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