The marketing performance of “over 20 million US dollars in the last 30 days” has allowed the blockchain tournament Axie Infinity to enter the field of crypto resource actors again. The activity is also currently developing projects with the highest transaction volume in the NFT market. As of July 8, its daily event magnitude It separated through 20 million U.S. dollars.
From the point of view of recreation peculiarities, Axie Infinity is not complicated-players buy three fantasy mortals listed “Axie” with Ether, and upgrade them by heighten them, copulating and multiplying in duos can produce new multiplies of unique genes, and situated them Fight in the arena and get recreation rewards.
Doesn’t it sound like the mobile competition “Pokemon”( also known as “Pokemon” )? But when it is put on the blockchain, everything becomes different.
Various types of Pokemon Axie are NFTized and turned into non-homogeneous token resources. The supporter of traditional sports is exclusively for entertainment. It has strong value attributes, can be collected, and can also be decentralized on the series of encrypted assets Trading on the trading programme( DEX ). It is not just a matter of these NFT pets that can be transactions, but likewise game resources and reward SLP, and the governance clue AXS of the game ecology.
From the purchase of babies to the sale of babies and their derivative reinforcement, the entire tie must be built on encrypted resources. The network Ethereum on which the game is built and its chain assets, Ether, is an essential part. Axie Infinity focuses on “Earning and Playing”, claiming to be a “game designed to change the world and organize financial freedom.”
You may think that this is another coin circle bubble with strong investment( machine) qualities, but in fact, Axie Infinity has been in perpetual procedure for 3 years. The eruption of the new treetop epidemic has given it an opportunity to show its significance. Play this competition has also unusually become a way for low-income groups in the Philippines to maintain their support during the epidemic.
Whether the fad of Axie Infinity can continue needs to be verified by time, but it absolutely displays its full potential social value of the blockchain economy.
Play games to buy a house?
Players need two Axie pets and coinciding SLP clues each time they simulate. Netizens on Reddit said that it is basic to cover 150 SLP a era, but 200 or more depends on the 3v3 triumph frequency, so players need Higher-level Axie to improve the winning rate, the demand for SLP likewise comes from this.
The current price of SLP is about US $0.15. If you reach the low-pitched limit of 150 SLPs per era, you can earn about US $675 a month. For beings in some Southeast Asian countries, this may be several times their stipend . .
At the beginning of the year, the Business Times reported that the minimum daily salary in Manila, the centre for human rights of the Philippines, is 512 pesos, which translates into about 10 USD , and the monthly salary is less than 300 USD.
As a cause, Axie has gradually become popular in the Philippines, and it seems that more parties have participated after the outbreak of the new crown last year.
In May of this year, a young Filipino called John Aaron Ramos said on Facebook that “he’s having” bought two residences by playing Axie.
“Play while eating” to relieve the difficulties of low-income Filipinos during the epidemic
The emergence of the new crown epidemic has opened up another perspective for the outside world to look at Axie Infinity.
Last year, in Cabanatuan, a small town in the northern part of Manila, the capital of the Philippines, neighbourhoods made a living by playing Axie Infinity in order to cope with the financial setback caused by the epidemic. In May of this year, an 18 -minute interview video was distributed on YouTube, displaying the situation in an instinctive way.
Art Art, 28, was the first to discover that Axie Infinity can “make money while playing”. “In the beginning, I didn’t believe that this play are genuinely make money while playing, but I plan to try it first.” He recalled in the film that he bought three Axies for four or five dollars and fixed funds in video games. Some SLP tokens, and then Swap( exchange) into Ether, these Ether were exchanged into the local currency peso through a regional crypto resource wallet in the Philippines. This was the first time he withdrew through crypto assets.
Art Art said in the film that he represented 15 daylights and paid 1,000 pesos, which is about $ 20. Soon, this practice of making money became a favourite in his place, and more than 100 people started to play Axie. “Those who can play can teach those who can’t. Because of the epidemic, there is no other way of income for everyone, ” he said. It is the reason why Axie Infinity became popular in Cabanatuan.
Jeffrey Zirlin, Chief of Procedure Research at Axie Infinity , noticed the increase in users in the Philippines, which even became the number one market for the game at one time :
“It is fun, charming, and profitable. These characteristics are the reason why this play was certainly taken away from. This modeling has reverberated with this generation. They are trying to find some ways to make money on the Internet, and digital asset income has become a new method.”
He believes that the new treetop epidemic may permanently destroy most of the original methods of making money through manual labour, and the team has also begun to realize :
“What we are doing will essentially deepen people’s concept of “work.”
This may only be an unexpected result of Axie Infinity in a special period, and it is also the biggest difference between it and traditional online games-even if it is playing games, the time and labor paid are also assets, and it remains personal rich, and it can be passed on the order. With the infrastructure under the chain, the importance is transferred to real life, and the ethic is not only the scaffold for providing services.
Enlarging this perspective, the blockchain economy may not just be opinion. When the appreciation compressed in the proletariat moves through the blockchain, the creation relation may be redefined.
However, whether Axie’s token economic model can be maintained remains to be verified by the market. Since the beginning of this year, the exchange rate of SLP to ETH has risen by more than 1,200%, but games that allow players to make money are usually difficult to maintain, and users will always cash in and lock in profits. one day.
This means that new players must continue to enter the market and maintain the SLP price so that players in the market can maintain profitability. Once the profit gradually decreases, players who aim to make money may cash out and the currency price will fall into a death spiral.
