Riches to Rags: The Boom and Bust of Mir4's Play-to-Earn Promise

The Crypto Current

Join me as I recap my wild ride with Mir4 - the blockchain game that promised playable profits but crashed hard when hype hit reality.

Released in 2020, this free-to-play MMORPG gained viral success by letting players earn real money through in-game mining and trading. At Mir4's 2021 peak, I was raking in over $50 a day - a blockchain gaming dream!

But unchecked inflation and rampant hacking soon tanked the economy and profits. My Mir4 income dropped 90% within months. Bots and bullies overran the game, creating a toxic wasteland.

Despite developers' efforts, Mir4 fell far short of its play-to-earn promise. While its legacy still impacted blockchain gaming, its cautionary tale highlights the perils of unstable tokenomics.

Join me as I recap how the gold rush euphoria of Mir4 devolved into a grim struggle just to earn pennies from this once-revolutionary crypto game. The rise and fall of Mir4 is quite the saga!