#altcoin
Personal Thoughts on #P2E and #T2E Altcoins
Starting with the commonalities between P2E and T2E, I believe that both initially had good intentions. These systems allow individuals to earn rewards by investing their time and effort in the ecosystem. The operation of these ecosystems is driven by those rewards, making tokenomics crucial. I think we are now seeing issues with how these tokenomics are set up.
In the case of P2E (Play-to-Earn), a certain level of investment is required to start playing. Players then receive rewards through gameplay, which leads to a split between those who reinvest and those who cash out. Over time, if proper tokenomics or new developments aren't introduced, the system starts to stagnate. This situation worsens when the broader asset market weakens, leading to a downward trend.
On the other hand, T2E (Telegram-to-Earn) easily attracts users through Telegram. Most of the initial token supply was distributed via airdrops, allowing many users to profit. Over the past year, numerous T2E meme coins have evolved, as Telegram users became aware of how to claim these tokens, spending more time in the ecosystem. However, the problem is that the airdrop quantities were arbitrarily reduced, which contradicts the initial concept of T2E. As a result, these coins are likely to lose users and eventually fade away.
While P2E and T2E share a similar foundation, I find the current state of T2E disappointing compared to its initial appeal. Personally, I would prefer to find a well-structured P2E platform where I can receive rewards.
That concludes today's analysis. Follow me for more updates on chart analysis!