Was Axie Infinity a Scam?

Find out who or what destroyed the Axie Infinity of 2021.The video is about the rise and fall of the crypto game called Axie Infinity, which became popular in 2021 during the pandemic. The game allowed players to make money from their phones by battling, breeding, and trading digital pets called Axies to earn cryptocurrency. However, the game was attached to the larger crypto market, and as the crypto market started falling in December 2021, Axie Infinity's prices also started to drop, leading to a decline in the player base and earnings. The video explores who was responsible for the downfall of Axie Infinity and whether it was a carefully planned scam by the developers or a bubble created by the greed of players. The video also highlights the lessons that can be learned from the rise and fall of Axie Infinity, such as the importance of identifying potential opportunities early on and being prepared for the risks involved.

[@carlosdams]

hahaha axie infinity is absolutely a scam! trying to get the guilt on the players is not fair

[@ronbelleza5588]

describing a ponzi scheme then calling it not a scam at the end. bravo hahahahahahah

[@michael1bruno]

Great video! I wonder if SLP will get a breath of fresh air soon! Thank you! 🙏

[@DreamLabel323]

If you make a game where every dollar you spend you get some shares of the stock in the game economy and they had a way to redeem your shares back into the game or sell your shares outside the game it would work. The only problem is the shares per dollar would be based on the value of the stock but the quality of the in game store will stay the same and people can play and earn. Another problem would be it wouldn’t be f2p either by nature you would want to make it p2w but in these times it would fit in well with the game scene and probably out do other games. The scam part would be trusting the devs to not pull a rug sweep with the stock.

[@kissubuntubantu]

Greatly summarized 🤐 and yeah for sure this is about us.

[@kwempy90]

Is it a scam if you agree you cant quit your day job and maybe you make back the money to reinvest in the game?

[@RyanCapilitan]

Hows much did Jihoz paid?
Or how much did you lose?

[@makethingsbetter9204]

Not a single crypto abstained from the inevitable fall after the periodic crypto bull run, not even Bitcoin and ethereum.
Understand that Crypto Bull Runs happen in 4 year gaps and the best thing is to buy in the bear market and sell in the bull market.

[@YouTube_user291]

I think way the game changed is because the people who uses bots and other farming methods to earn large amount of money, they also forget the point of the game is to have fun while earning,
Does this mean i can't play the game anymore?😞

[@JasonFoong]

If they fixed that earlier on, we definitely would have more time to earn good money 😅 You can definitely still play if you like it. Looks like they are pushing out quite a lot of new stuff nowadays but not sure about how much we can earn now

[@nushia7192]

@@JasonFoong Well, there is a thing called Charms, or an axie that would sell for a lot, that still would end up later 200$. But its too high risk.

[@ritoo-nq5se]

nice vid bro

[@kunganoanovlog]

axie is the one scam game

[@nushia7192]

That was the problem also, because the guilds did not stop recruiting people, the big guilds are to blame.

[@JasonFoong]

True. Some big guilds were giving crazy rates to their scholars and they had so many scholars. Money leaving the game too fast

[@akash4997]

​@@JasonFoong is it dead or going up in next bullrun?

[@JasonFoong]

@@akash4997 Everything in the market will go up in a bullrun. But hard to predict how high it can go, I don't think Axie can reach it's previous highs unless a miracle happens. But there are so many events affecting the market nowadays, the bears are slapping the bulls away. The next bullrun may be quite some time away.

[@akash4997]

@@JasonFoong 2023 will be the recovery year. Bull will start 2024 Q2 and ends 2025 Q1. Is there any chance it's touch 100$ again?

[@JasonFoong]

I don't think it can. But the crypto market is crazy. It might happen 😅 I'm still holding a lot though. Bought too high, reluctant to sell

[@ericknaval4139]

The design is very for tambays

[@rahulsingh-yf8kc]

It’s not the scam that it

[@somutoanthony2745]

I think Ninneko is way better than axie infinity

[@Onyesoh]

The US Govenment is targeting this token and could shut it down in the US. It was named as 10 of the cryptos it see's as a security. If I owned this, I would move my bags to $GALA which never raised an ICO and considers itself as a commodity.

[@dubbyx8490]

GALA scam. AXS scam.

[@McGregorZky]

Axie Origins is not a Scam because it has SLP Burnings

[@joshdannieltiamzon902]

It's both! No significant updates....

[@fokkusuh4425]

That's what people said when Axie came out 2 years ago.

[@FreakyFilipino3]

😂

[@GolDFish-if1ov]

Keep believing stupid 😂😂😂

[@tyronejordanjackson8240]

Axie sucks now! It used to rock but things are different now. No way to save it,just say thanks for the memories.

[@Giampietroriccadonna]

Next weeks breakout AXS directionn 30$