Empowering Players as Shareholders: L3E7's Game NFT with Multiple Values
Despite the recent slump in NFT sales, the market recorded a 64% increase in the past month, hinting at a miniature bull market for some projects. The L3E7 game project successfully sold out 600 NFTs within a few hours, maintaining a floor price of around 6 ETH as of the article's publication. L3E7 differentiates itself by providing NFT holders with profit-sharing from the game's earnings, such as airdrops and in-game rewards. The article details the need for a more cautious approach in valuing NFTs, emphasizing real income as a driving force behind token valuation. It also suggests that the L3E7 game could draw significant revenue based on its user base and payment structures, projecting optimistic earnings for NFT holders.
Bullish
The successful sale and maintained floor price of L3E7’s NFTs signify a positive reception in the market, likely contributing to a bullish sentiment. The model of sharing profits with NFT holders adds an attractive revenue stream for investors, potentially driving up demand for NFTs linked with L3E7. Given the previous success of games with similar profit-sharing models, such as Axie Infinity, this could lead to increased investment interest and a higher valuation for in-game assets.