![]() A healthy cashing-out ratio of SLP is needed to prevent an oversupply of SLP. Examples include having an SLP penalty for those losing a battle.Īnother issue is that many players do not cash out their hard-won SLP. One strategy to correct this is to introduce more balancing mechanisms that burn SLPs. This seriously inflated the supply of SLP, which led to the downfall of its value. Balancing the supply of SLPĪnother mistake was Axie’s in-game economics that reward players SLP for all battles won. Axie was too slow to react to this problem. I heard stories of single players who played on up to 50 accounts using multiple mobile phones. One of the biggest mistakes was the abuse of Axie Infinity by multi-account players, which inflated the supply of SLP. Related: Crypto gaming and the monkey run: How we should build the future of GameFi A move toward a play-to-own model, where players have a say on the game’s development, is necessary. ![]() Axie can attract players from medium- to high-wage countries and focus on the game’s “fun factor” while putting the “earning factor” as a bonus. However, it is too risky to bet on a single group of players. This is the case because the SLP earned is highly attractive compared to their local living standards. The cost to acquire Axies (the game’s collectible digital creatures that can be used in combat and commerce) - which will influence how investors and new players plan their return on investment (ROI) and govern their appetite to recruit new scholars - should be kept steady but slightly growing over time.Īnother mistake is that Axie has been dominated by players from lower-wage countries. This could have prolonged the game’s shelf life. New player influx must be kept steady but not grow excessively in order to offer a smoother demand curve for SLP. One mistake Axie made was engineering too much demand for SLP. I offer some strategies for how Axie can reengineer its destiny and move forward. I also watched them playing Axie Infinity while asking them questions to make sense of the nitty-gritty issues in the game and assess Axie’s mistakes and potential. I interviewed more than a dozen Axie managers, guild members, and scholars –– some are still active while others have quit or gone dormant –– throughout the first half of 2022. Can Axie rise to its former glory amid the crypto winter and uncertain global economy?Īs a game lover myself, I was very intrigued regarding Axie Infinity’s future, which led to my desire to research and study it. Many predictions have been made regarding Axie’s coming collapse and lost trust among its players. ![]() Axie is a form of “extreme entrepreneurship,” wherein success and failure can happen almost overnight, subject to the dynamics of SLP. However, its highly volatile in-game crypto - Smooth Love Potion (SLP) - the hacking of its Ronin chain, and the resulting new digital inequality pose threats to its existence. ![]() ![]() The game has created a new type of job market and allows a quick return for game investors. Axie Infinity, the blockchain-based game that has popularized the play-to-earn gaming model, often invites awe and suspicion. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |