Hedging ETH risk with play-to-earn NFTs

Probably too late for some people here but I have written down some of my thoughts on limiting your ETH risk with play-to-earn games: https://www.publish0x.com/my-crypto-failure/hedge-your-eth-risk-with-play-to-earn-nfts-xvyxpkm?a=X7axvrg3dy

(or if you prefer Medium: https://blog.cryptostars.is/an-eth-earning-asset-to-hedge-against-eth-risk-472bc861b7a8)

I have been thinking about this topic for quite a while before the recent selloff and there is an on and off discussion around this between several Sorare users on Twitter.

My experience over the past two weeks has been that my Sorare gallery has been mostly stable in fiat terms (down by a bit but nowhere near as much as ETH vs USD), because a significant amount of players think in fiat terms and price their cards accordingly in an ETH downturn.

Have you experienced similar behavior in other games / other assets in general?