<p>In the last couple of years, the world has witnessed a strong boom in non-fungible tokens (NFT), which has created a new trend in the game industry called GameFi. It recorded ups and downs with impressive trading numbers, which helped build billion-dollar assets such as Axie Infinity. However, along with the marked development of play-to-earn games, players will face many tricks from scammers to seek profit.</p><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ecfe9702a99148a8e6023f659fee92.jpg" alt="" title="axie infinity" width="600" height="411"></p><p>Therefore, despite the bearish market, studying the black hole as well as figuring out the tricks of scammers is always necessary. Obviously, it will be an excellent tool for players to use in order to succeed in the GameFi industry.</p><p>As your assistant, through this article, <a href="https://www.builder.news/" alt="" title="Builder.news" target="_blank" rel="" class="">Builder.news</a> will provide several signals to players not to fall into the trap.</p><h2>The indistinct project team</h2><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ecfe9702a9999ca8e6023f659fee92.jpg" alt="" title="Team project development" width="600" height="400"></p><p>The first and foremost signal to unveil a scam play-to-earn game is an incomplete source of information about the project team. A prestige game always has professional developers whose biographies can be searched on the internet. Users might easily know their accomplishments as well as how they succeeded in the past. As a result, in cases you cannot find information about the developers of games, let’s carefully consider it before investing in it. For example, Zodiac Games, one of the scam play-to-earn games, stole over 2.18 million dollars from investors. When pressed, they explain that their team is young and does not want to be publicized.</p><p>However, there are some serious play-to-earn games that are created by anonymous teams because they don’t want to public private information. At that time, it was so hard to find the information to confirm the legitimacy of the project, hence, users needed to check the next factors.</p><h2>The insignificant social networks</h2><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ecfe9a9b4f0905a8e6023f659fee92.jpg" alt="" title="social network" width="600" height="400"></p><p class="prosemirror-p-left">Having a social network with a powerful community is an essential factor to develop any successful play-to-earn game. Thus, when researching a project, don’t forget to look through its social networks and pay extra attention to real messages in conversations and the number of individuals engaged in the community. If you find some unusual comments or users, let's be alert and check some related information to ensure the authenticity of them.</p><h2>Lack of trustworthy reviews</h2><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ecfe9702a9a28ca8e6023f659fee92.jpg" alt="" title="trustworthy reviews" width="600" height="400"></p><p>In the GameFi community, players always quickly respond to the new projects that are emerging in the market. Thus, when the game is launched, within a few days (or hours), it will receive feedback as well as analysis in all aspects from users in the whole world. Hence, a play-to-earn game that lacks reliable reviews on popular platforms is very abnormal. Your task is to carefully check it on professional platforms before deciding to invest.</p><p>However, in several cases, through sophisticated tricks, scammers also create fake positive reviews about their projects on third-party sites. They pre-register hundreds of accounts on huge forums as legitimate individuals. Therefore, players need to double check from different factors.</p><h2>Unclear future income</h2><p>Every project is designed to generate revenue, and it is critical to understand where the extra value will come from. A play-to-earn game doesn't exactly share their income in the future as well as their development plan, then it is likely a scam. Players should not invest unless they understand how a project will make money.</p><h2>Network marketing</h2><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ecfe9702a9a650a8e6023f659fee92.jpg" alt="" title="Network marketing" width="600" height="400"></p><p>Many GameFi ventures are based on a multilevel marketing (MLM) scheme. This is akin to traditional network marketing, which is not in and of itself a fraud. Many legitimate projects have used MLM to attract new members, but if the project's only source of money is network marketing, it is most certainly a fraud. In addition to MLM, value-added methods are required. Real projects cannot offer users ridiculously high profit margins.</p><h2>Faux smart contract</h2><p>Smart contracts are an important factor for the legitimacy of play-to-earn games. The simplest approach to validating the project's smart contracts is to use services like Etherscan or BSCScan. Through smart contracts, the block explorers will tell you when the project was formed, when it was released to the public, how many users it has, and how many tokens were distributed. As a result, if a game does not find a smart contract in the platforms listed above, it should be reconsidered.</p><h2>Other little signals</h2><p>Some scam projects, which are created in a careless way, often have several suspicious details, such as typos and broken links. In the research process, you should pay attention to little red flags to prevent the consequences in the future.</p><h2>Final thoughts</h2><p>Scam play-to-earn games are frequently large-scale and planned. Most investors in such projects are novices, and scammers take advantage of this and entice naive consumers with adverts and attractive websites. In order to avoid these games, players should be cautious when facing attractive invitations as well as research all aspects of the game from diverse sources.</p><p>For beginners, you should study the basics of play-to-earn games and try some of <a href="https://www.builder.news/crypto-insights/10-best-crypto-gaming-coins-in-2022" alt="" title="10 best crypto gaming coins in 2022" target="_blank" rel="" class="">the best crypto gaming coins</a> to get more experience.</p><div class="pr-block-special"><strong>Disclaimer:</strong><br>This article is intended for and only to be used for reference purposes only. No such information provided constitutes advice or a recommendation that any investment or trading strategy is suitable for any specific name.</div>

If you want to invest in play-to-earn games, you have to know how to avoid scam games. This article will help you!

6 signals of a scam play-to-earn game