📊Risks & Competition
A fundamental risk in emerging industries is legislation, which is still dynamic. In our development plans, we take into account the new guidelines of administrative bodies so that the process of implementing the economy into the project is transparent and profitable. However, considering how young the market is, perhaps not everything can be predicted.
The P2E industry is also waiting for a kind of screening of games and entities looking only for quick earnings on the wave of popularity of the sector, providing low-quality products. This state of affairs makes a sceptical attitude towards P2E noticeable on the part of some investors. The risk associated with this is potentially lower interest in the product in the early stages of development. However, we believe that proper communication, market situation and consistency will help to break through the uncertainties related to the industry.
At the time we publish this document, we are in a bearish market, which naturally means less capital in the financial markets, and therefore also in the crypto market. We have to take into account that at the moment, many potential investors are focused on other sectors. We take this into account in the development process and secure finances so that building a project is possible in various market environments, so that the bear market does not affect the fundamental construction of P2Eoffers.
There is not much competition in such a young industry, but we note that similar solutions are created by: NFT Game Scholars, Taverndao and AAG Ventures. However, having familiarized ourselves with their proposal, we believe that our solutions are more intuitive and comprehensive. We are observing and will be constantly watching the progress of these entities and potentially those that will appear on the market in the future, so as to be a leading project in the field of game management in the Play-2-Earn world.
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