Do you still think that cryptocurrency games are just innocent entertainment? Or are they Ponzi scams that American officials are about to crack down on?

So, roughly $10 billion, give or take a few billion, was the cumulative value of "GameFi" tokens, which are commonly used to refer to cryptocurrency games.

So, is this a mistake they might come to regret? Should this mean that game developers may carry responsibility? Will repercussions become fines, registration, and disclosures? This raises a $10 billion question that few investors have considered.

This is all taking place despite the fact that cryptocurrency gaming is unquestionably evolving into one of the most fun game genres, and a large number of individuals have begun embracing or even creating these games or NFT stores in games through Altura and other technologies. These games are so popular with so many people.

Depending on how lenient SEC authorities are feeling, the penalties that game producers could receive could differ. Developers will, at the very least, be obligated to abide by the same disclosure regulations as American public firms.

Developers have a more obvious issue than unexpected legal repercussions: a fast dwindling user base. An excellent illustration of that would be Axie Infinity.

What do you think will happen and how will all of this influence the gaming industry?