If you're investing into the metaverse and NFT gaming through Ethereum, then you are doing it WRONG!!!

The reasoning is simple, really. The only way you'll see your investments into these crypto niches grow is through mass adoption. NFT gaming, in particular, will explode in adoption in the upcoming years. There are 3 billion people playing videogames worldwide and only one million people playing NFT games. An 100X in adoption will barely climb up to 3% of the market.

Now, let's assume that Ethereum somehow manages to capture half of that market. If you want gaming adoption to increase, you'll need to have microtransactions. Do you really think that each and every one of those 50 million people will be ok with paying $100 in gas fees just to buy an axie worth a couple bucks? That's not a sustainable business model.

And no, sharding will not solve the high gas fees problem. Not up to the extent that it becomes relevant. In contrast, on the BSC you pay only 10% of the fees you pay on ethereum, and there are blockchains that charge you even less. A lot of blockchain games launch on BSC or other chains and skip Ethereum. What little NFT gaming projects left on ETH are the ones that got in during the previous bear market and are now stuck. Even Gala Games wants to launch their own chain to increase adoption. How long do you think it will last before other projects like Illuvium or Immutable do the same?

The next bull market will be driven by metaverse and NFT gaming adoption. Axie, Mana and Gala have been but a taste of what's to come. With how fast the crypto space is changing and evolving, if you're betting on the L1 that will miss this train, you will lose!