The value of gaming tokens is closely tied to the user base and demand within the game. As more users join and engage with the app, the perceived value of the tokens can increase. Clicker apps can highlight their significant user engagement to show their tokens are valuable.
However, this model is fragile. If users start to sell their tokens, the value can plummet, undermining the entire economic structure of the app. When the token value goes down, rewards in real terms also go down, which can cause a drop in engagement.
For instance, Notcoin saw a significant decrease in value, with its price dropping by 61.76% since its launch just a week ago. The proliferation of copycat apps can exacerbate this issue, as users will likely move to apps that offer the best rewards.
Overall, the clicker apps mirror the issues of Play-to-Earn (P2E) games in general. When the prices of the tokens drop, rewards in real terms drop, too, causing users to seek opportunities elsewhere, which further hits demand #write2earn🌐💹
