Why is GLX token not responding to the launch of GLG?

The close beta launch of Genesis League Goals has finally gotten out of the way and no matter how you feel about the game, it is safe to say that it was a success in the grand scheme of things. At the end of the day, what we have is a game that has the potential to be very addictive and will continue to be improved on as the weeks go by.

I feel like there is still a lot of work needed to get the game properly into the limelight. The game is still in the preliminary stages and with so much still to be developed, the jury is still out.

At the same time, I think that since the game is based on football, it should actually be like football and not a 7-a-side game. There should be a lot more features to come that will add more dynamism to the general feel of the game and make it a bit more of a spectacle.

Right now, what we have is a cartoony and quite an unserious feel to a game that is supposed to mirror a very professional sport. This is one of the reasons why I've not exactly been excited to play the game.

Open beta launch

The open Beta launch of the game will be kicking off at the start of next week and I hope that will come with some level of excitement. I am still holding on to this seemingly fleeting hope that the crypto market will swing in my favour and the price of GLX token will take a turn for the better.

After an overwhelming climb to the 1 cent region, the GLX token has once again plummeted to its previous depths below 1 cent. This drop in price draws parallel with the general crypto market, in the same way, the rise to 1 cent also did.

This means that while there has been some inside excitement about the launch of the game, it really hasn't been reflected in the price of GLX token. In fact, it is safe to say that so far, the launch of the game has no bearing on the price of GLX token and the valuation of the token is completely at the mercy of the general crypto market.

I like to think that this situation with GLX token not being affected by the closed and incoming open beta launch of the game is because there hasn't been any utility or governance purpose injected into the game. I believe that the token still needs an injection of utility to actually start reacting to activities in the game.

• Leo Glossary
• Hive. vote page

Posted Using LeoFinance Alpha