There is someone impersonating me giving the message: "Appreciate for your feedback! And thanks for watching for more info. Textme@ + 1 (726) 999-0390▪️" THIS IS NOT ME!!! I WILL NEVER ASK YOU TO TEXT ME PLEASE IGNORE!
Yeah i know. Giving ur personal number is a veey very very risky thing to do. Allows bad people to get in touch to you. Or someone who has bad intentions. Stay safe bro. Some people nowadays😢
We need to stop people from doing scams in this game, We don't want to lose this because this is literally are a GAME CHANGER so let us do our best to stop the scammers out there :(
Axie Infinity Is fairly new and the current player base is still expanding as of this moment. so we dont need to worry about the cycle breaking... AND WE ARE IN A ALPHA PHASE OF THE GAME >> MORE CONTENT MEANS MORE FUN+ a bit of money :)
The massive influx of players is forcing their devs and teams to focus on keeping the game stable and to increase server capacity so less time on new development
@@AxieExplained I dont remember if its Coin Bureau or some other youtubers said, Axie Infinity has yet to fail their proposed road map in the 2018-2021 period. The land gameplay was already demo'ed as early as Dec. 2020, so with this info, we can prolly assume that some other future updates are already ready but they were just sidetracked because of the big influx of players.
I really like how well and how brief you explain this Axie thing. Very fast but very well explained. I always wait for your videos. Pls continue doing more. More power!
This was one of the clearest explanations I’ve watched. Thank you for taking the time to explain it. Now just looking for scholarships or just trying to save before it’s gets more expensive.
Some of us having this kind of doubt in kind of investing to it. Thank you for explaining it. I will share this. In time, support Lunar knight! Wish you all the best, God bless!
solution-- if axies can die then it solves the problem.. if slp can also be a lifeline for axies then there will be continious demand and controlled numbers of axies.. just like basic food chain.
Hi im from the Philippines and im a 19 year old student im a gamer by heart, i love playing dota, ml, COD. And lately we've been struggling in financial matter. And ever since I've learned about axie its been months and ive still searching for a manager in axie because obviously i cant buy a team on my own. I've been studying axie and been watching your videos lately and im thankful for all the information that you are giving to us. I really do hope that i can be a part of your guild, dream, and future. I hope you notice me. And if you notice me i will never let you down
There is no sink for axies. Thus they will inflate forever where the playerbase has a fixed ceiling (7B players?). If axies aged.... and died then things would be more balanced. As it stands, the future value of axies will eventually decline due to hyperinflation. Axie "infinity" is an apt name. It's hard to tell what the supply / demand will look like with SLP in the longer term.
🔥 You missed the whole point about future game mechanics that Chief of Growth laid out - there will be a burn mechanic (decrease Axie supply) to craft items / armor / etc.
Thanks for adding that and yes you are right! I try to keep my vids short to explain the basics but I think a follow up is warranted to explain burn mechanics and such 😁
But there is a huge problem, the price... with the actual price, people around the world will not be able to enter, just like me from Brazil, its too expensive.
Sky Mavis don't just make 4.25 percent of the sales. They make more than 90 percent. The AXS you need to breed are given to Sky Mavis, which in turn sells it to others who need to breed more... so, if you look at how much you need to pay for the AXS and add that 4.25 percent, the vast majority of the money an axie is sold for end up at Sky Mavis...
That's why invest only what you can afford to lose. Axie Infinity is really a Great investment now but before buying or investing, u should DYOR (DO YOUR OWN RESEARCH) first. Thanks axie explained for this vid. Many people esp those who want to invest can find this video very helpful. -btw, how's the picking of scholarship going? Hahaha still hoping tho.
Didnt plan on it yet, want to wait until they release more game modes that will make it worth being better at PVE becuase right now the PVE is very limited.
Another great video. Thanks for the info and te analysis. It's really crazy how everything is advancing so fast this year with crypto games. As a gamer, I'm really honored and gratefull for living this. I was getting trouble finding games that give me, again, that element of surprise, and this all genre is changing it radically. Beyond all this, I have a big doubt: ¿What's your name? I've seen all your videos, but I'm not sure if you mention it even once. Cheers from Argentina! Keep this way, great content!
@@lexterlongares but the game is mostly popular in developing countries cause they can make more income than minimum wage (asia, South america) . If the price keep rising then only the european will play the game
hello sir #AXIEexplained.. hoping to be one of your team.. i agree with your analysis. And thank you for explaining it.. its a big help for the investors and players..i will share it to others.. still praying and hoping to be part of your team.. #supportlunarknights watching from Phillippines. God bless us all
What do you think will happen when Version 2 comes out?.. I was thinking of waiting till V2 comes out and buy newer axies that will come out as Ive missed the first wave... Do you think that would be a good idea.
I don't think you really struck the point that most people are thinking about. You are saying that since there are only about 350k axie players and about an expected potential of 35mil players then it's "safe" to invest. But with that logic, then the economy will inevitably crash and burn since there is an obvious roof to crash unto, aka the 35mil potential players. If that is so, then it would be more and more risky to invest in the game as the player count approaches 35 mi, will it not?
Thank you and yes you are right but I was trying to say that a) I think it will go further than 35m but b) even then there will be other ways to earn based on new game modes which would then expand the current economic model and not make it a susceptible to the current model's flaw
Hello Sir! I have a question, what if you're a scholar from another team then you thought to build my own team. Can I play it wti h the same wifi but different devices or will I get banned ? Ty for answering 😊
Thanks for the informative video. I have a few questions, though: I understand that Axie needs continual growth for it to be as profitable as it is now. But, specifically, what kind of growth? The way I see it is that it needs exponential growth (much like what it's experiencing now) in order to maintain the same level of profitability. Plain and simple growth isn't going to cut it. Once the number of existing players becomes significantly greater than new players coming in, the game's economy would take a plunge. I guess the million dollar question is, will the devs be able to maintain such growth and for how long? I'd love to hear your thoughts on this.
100% agreed! I still want to make a seperate video on htis since it is a whole topic on its own but the simple answer is: Continuous development of new game modes that expands the "products" you can earn, buy and sell. As to whether they can do that? Time will tellbut I have hope and belief they can. They got the funding, and a great team that is open with the community.
It still makes no sence to me tbh. The only explanation you give is that SLP is worth money because people buy or burn slp in breeding. But breeders very, very rarely buy slp, they use the slp that they farmed or that their scholars farmed. So it still makes no sence to me, their is a big majority of people gaining slp and a big minority that actually do buy or burn slp.
Duuuuude have you seen how much other people have spent on MTG??? Its insane. BUT yes your point is valid, I am simply using the biggest trading card game in the world as a point of reference for the POTENTIAL player base. I mean hearthstone could also be an option but that has a free to play model so it is a little difficult to find an exact match to make a comparison with
@@AxieExplained MTG arena also is well known for having a free playable model where it's very easy to get sought after cards. Almost everyone has the ability in that game to eventually have a meta stomping deck without paying a cent. Yes it is difficult to find a comparison but I still feel like axie is a long way off from being playable by a casual crypto gatherer (think banano or some other very easy way to acquire coins). It's mostly targeting the whales as it is.
Only 1 of the 3 points you mentioned actually address the argument that Axie Infinity is similar to a Ponzi, the first. It's true that Sky Mavis does not directly receive the money, but as you yourself mentioned, they profit from the marketplace, and the marketplace prices are hugely affected by new money coming in, just like in a Ponzi. It's not exactly the same, but these two facts are: 1. The amount the devs are making, and the current players are able to make are more influenced by the money coming in than the axie's actual value. 2. The whole system of making money is dependent on "investors" buying axies and nothing else. The reason is simple, the reason the game is being played right now is to make money. And you can only make (significant) money with the game as long as new players are buying axies. There is no way to keep the playerbase spending money except for the AXS rewards in the Arena, and that is not enough.
that suggests a potential bubble, not a ponzi scheme. Keep in mind that they have been working for years on this and its just starting to take off. On a side note, partners like ubisoft and samsung are not easy to get, and they certainly dont want to be associated with ponzi schemes. The prices are also heavily affected by people from the sidelines (people that dont even play the game) who invests in the axs tokens. Whales have their eyes on anything that makes noise, and currently the biggest nft project is something that makes a lot of noise. All in all i say they have more than enough for the time beign. There is a lot of things planned on the road map that can expand this universe, including axie burning which will make a huge impact as well.
@@Mm-dn5gc the "working for years" is IMO a negative but that's not a huge factor anyway. There were kickstarter scams that took years to make too. Prices being affected by traders/whales is also irrelevant, Bitconnect had traders too. It is a fact that Axie took off because you can make money with it, and the amount depends on the value of SLP. It's a cycle as the video mentioned. There is simply no denying the fact that as it stands the payout is significant because new money is coming in and that it needs to keep that money coming in to be sustainable.
@@Mm-dn5gc also I'd just like to add, I am not saying it is a scam. But that the economy is similar to a Ponzi. Changes have to be made so that the axies' and coins' price match their inherent value so that payout becomes sustainable without relying on new money coming in.
Sky Mavis take 5% of each transaction, so that's the same as making money on a pyramid scheme, just being a bit less greedy. The current roi is one month, $1000 to make $250 a week. That means a doubling of the player base each month. That means a player base of 350 million users by May. There's no way they could generate enough revenue to sustain a player base that large once new players aren't coming into the game.
There is someone impersonating me giving the message:
"Appreciate for your feedback! And thanks for watching for more info.
Textme@
+ 1 (726) 999-0390▪️"
THIS IS NOT ME!!! I WILL NEVER ASK YOU TO TEXT ME PLEASE IGNORE!
I was just about to comment about it lol, these lowly scammers are everywhere
Yeah i know. Giving ur personal number is a veey very very risky thing to do. Allows bad people to get in touch to you. Or someone who has bad intentions. Stay safe bro.
Some people nowadays😢
Tnx sir. He replied to my comment
nicely explained, btw can you do a video explaining the differences between Axie to other crypto games? thank youu.
Very informative....
We need to stop people from doing scams in this game, We don't want to lose this because this is literally are a GAME CHANGER so let us do our best to stop the scammers out there :(
Axie Infinity Is fairly new and the current player base is still expanding as of this moment. so we dont need to worry about the cycle breaking... AND WE ARE IN A ALPHA PHASE OF THE GAME >> MORE CONTENT MEANS MORE FUN+ a bit of money :)
The thing is, it's been in Alpha stage for 3 years now
The massive influx of players is forcing their devs and teams to focus on keeping the game stable and to increase server capacity so less time on new development
yep and dont forget there is no advertising for the game
@@AxieExplained I dont remember if its Coin Bureau or some other youtubers said, Axie Infinity has yet to fail their proposed road map in the 2018-2021 period. The land gameplay was already demo'ed as early as Dec. 2020, so with this info, we can prolly assume that some other future updates are already ready but they were just sidetracked because of the big influx of players.
The problem is expensive barrier for entry
Thank you for the information sir ♥️ looking forward to ba a part of the Lunar Knights Guild 💪🔥
I really like how well and how brief you explain this Axie thing. Very fast but very well explained. I always wait for your videos. Pls continue doing more. More power!
Thank you! 😀
very insightful and it explains a great paradigm. majority of people are new to this thing but thank you for explaining to us
Glad you liked it!
This was one of the clearest explanations I’ve watched. Thank you for taking the time to explain it. Now just looking for scholarships or just trying to save before it’s gets more expensive.
Oww thats FUD killer buddy. Nice explanation there😀
Great explanation always!
Cant wait for the announcement tomorrow! Excited to be part of #LunarKnights claiming it! #ToTheMoon!
Looking forward to your next videos... simple yet complete explanation of everything that needs to be understood. Kudos💯
Awesome, thank you!
thanks for the clear explanation! personally was having doubts on whether to start now or later on. this clear things up. cheers!
Glad it helped! Welcome to the Axie nation!
Some of us having this kind of doubt in kind of investing to it. Thank you for explaining it. I will share this. In time, support Lunar knight! Wish you all the best, God bless!
Thanks for uploading this kind of video, some people are taking advantage of the server issue to spread FUD 😪
Wow nice now I really understand the Axie concept thank you so much more knowledge to learn everytime I watch your videos.
I bought that same painting of the colorful Lion in your background in Bali in 2019. I liked it so much I bought 2! 😂
Haha awesome! Mine was actually a paint by nimber thing a friend gave me 🙈
Loved this content! Keep educating us brother.
solution-- if axies can die then it solves the problem.. if slp can also be a lifeline for axies then there will be continious demand and controlled numbers of axies.. just like basic food chain.
True, the developers did say they are working on a "burn" mechanic
This is the explanation im waiting for thanks for another great video. Btw love that pickle rick display on the background
PICKLE RICK!!!!!!!!
This was exactly whaat i was looking to decide if i invest or no, thank you so much bro
Glad I could help
This is really helpful I've watched your videos short informative and direct to the point thank you
Glad it was helpful!
Hi im from the Philippines and im a 19 year old student im a gamer by heart, i love playing dota, ml, COD. And lately we've been struggling in financial matter. And ever since I've learned about axie its been months and ive still searching for a manager in axie because obviously i cant buy a team on my own. I've been studying axie and been watching your videos lately and im thankful for all the information that you are giving to us. I really do hope that i can be a part of your guild, dream, and future. I hope you notice me. And if you notice me i will never let you down
Me too :(
Hoping :)
no more fomo’s and fud’s. Another great and informative video 🙌🙌🙌
I find axie infinity gonna be the pioneer of all games that will succeed in terms of nft
Cross finger haha
Can you move a bit to your left? No no, my left !
Haha yes fixed for my new videos going forward 😂 thanks for the suggestion 😁
@@AxieExplained No problem, love your videos !
Whenever people ask what Axie is, this video is the perfect explanation
There is no sink for axies. Thus they will inflate forever where the playerbase has a fixed ceiling (7B players?). If axies aged.... and died then things would be more balanced. As it stands, the future value of axies will eventually decline due to hyperinflation. Axie "infinity" is an apt name. It's hard to tell what the supply / demand will look like with SLP in the longer term.
Great analysis! They did say that they are working on burn mechanics for the axies so hopefully that has a positive inpact
🔥 You missed the whole point about future game mechanics that Chief of Growth laid out - there will be a burn mechanic (decrease Axie supply) to craft items / armor / etc.
Thanks for adding that and yes you are right! I try to keep my vids short to explain the basics but I think a follow up is warranted to explain burn mechanics and such 😁
@@AxieExplained Awesome! Love the content 🙌🏼🙌🏼
Congratulations Mr. Axie Explained 10k :)
Hi axie explained, that's another informative video. Learning a lot from this. Hope I'll be on ur list of new scholar tomorrow. Godbless you bro
Axie Infinity is giving people hope, chance to live a better life especialy the poor. So lets stop the scammers grow.. More..More.. @AxieExplained
Good day sir... I'll always watching your youtube here in Philippines....
Thanks for the explanation. I learned more about axie infinity today
Now I have something to send to my family and friends
Another informative video to educate everyone on how the game lets you earn.
Great explanation dude!
A well explained video by Axie explained 😂😂 Keep on doing videos like this sir, I'm sure almost everyone will like it 💪
But there is a huge problem, the price... with the actual price, people around the world will not be able to enter, just like me from Brazil, its too expensive.
You should apply for a scholarship.
👍💯💪💪Nice video Sir AxieExplained😁
Glad you liked it
Sky Mavis don't just make 4.25 percent of the sales. They make more than 90 percent. The AXS you need to breed are given to Sky Mavis, which in turn sells it to others who need to breed more... so, if you look at how much you need to pay for the AXS and add that 4.25 percent, the vast majority of the money an axie is sold for end up at Sky Mavis...
That's why invest only what you can afford to lose. Axie Infinity is really a Great investment now but before buying or investing, u should DYOR (DO YOUR OWN RESEARCH) first. Thanks axie explained for this vid. Many people esp those who want to invest can find this video very helpful.
-btw, how's the picking of scholarship going? Hahaha still hoping tho.
Well said! Announcement on Scholars tomorrow!
Thank you for explaining. Axie here I come, still 1% of the cake is good enough for me
thabk you for giving a lot of knowledge keep it up 🙏
The game fun. I think it's got real potential. Especially as it changes and grows.
Thank you sir for the good explination.
You are welcome
Axie will stay 👍 waiting for the call up from you 🙏
Well explained by Axie Explained 👏👏
Nice and concrete info here..
Glad it was helpful!
Thanks for information ♥️
Very informative sir. 👍
Hey,
Do you plan to make a PvE guide? Like which builds are best for it?
Didnt plan on it yet, want to wait until they release more game modes that will make it worth being better at PVE becuase right now the PVE is very limited.
@@AxieExplained yes that’s true. I thought about making an additional team for PvE but I think I better use it for breeding or scholars at the moment
We're like having a school lesson I love it then suddenly I missed my teachers
Another helpful content again ☺️🙏❤️
Happy to help!
Always hoping
@▪️Axie Explained▪️ where can i contact you sir? Wat app?
I love the way you explained.😊
#AxieInfinity
#Axiesexplained
I'm trying to find a scholarship for few days, now, unfortunately Reddit is full of scammers.
ronin bridge still has a problem. we cannot transfer our assets.
Seems to be fixed :)
@@AxieExplained yup. thanks to mozilla firefox.
Really nice explanation! Thank you
So if the entire world play this game it wont crash cause aliens will buy new axies?
Hi Axie Explained, thanks for the informative video. What country are you from?
Hey Luffy, I am from South Africa and you buddy?
@@AxieExplained I thought you sounded South African. I'm originally from Ghana, but I live in South Africa.
NICE VIDEO SIR!
Great content, thank you :)
Another great video. Thanks for the info and te analysis. It's really crazy how everything is advancing so fast this year with crypto games. As a gamer, I'm really honored and gratefull for living this. I was getting trouble finding games that give me, again, that element of surprise, and this all genre is changing it radically.
Beyond all this, I have a big doubt: ¿What's your name? I've seen all your videos, but I'm not sure if you mention it even once.
Cheers from Argentina! Keep this way, great content!
My name be Hendri friend 😎
@@AxieExplained Cool! Now I know. Thanks for answering Hendri! One existencial doubt less :P.
best explanation ever!
Wow, thanks!
So what happens if the number of scholars increase? How will this affect SLP prices?
The same as it has been in the past, it seems to drive an increase in price of SLP and AXS but I need more data to confirm
No skipping of ads
Already reach 500k current players.
Nice and accurate , and it is trule axie explained 🔥😇
Glad you liked it
the thing is most people cant afford $1000 to start the game especially in developing countries. so the player base wont grow that fast imo
With current ROI of around 1-2months, I have doubts on your opinion :) It's never the poor that moves the market.
@@lexterlongares but the game is mostly popular in developing countries cause they can make more income than minimum wage (asia, South america) . If the price keep rising then only the european will play the game
Been making 2k for 5 days…👾 buy it now
How much did you invest ?
@@XulTaiff $1300
@@Anzcr whats ur setup ?
hello sir #AXIEexplained..
hoping to be one of your team..
i agree with your analysis.
And thank you for explaining it..
its a big help for the investors and players..i will share it to others..
still praying and hoping to be part of your team..
#supportlunarknights
watching from Phillippines.
God bless us all
What do you think will happen when Version 2 comes out?.. I was thinking of waiting till V2 comes out and buy newer axies that will come out as Ive missed the first wave... Do you think that would be a good idea.
I personally believe it will become more and more expensive to start so getting in sooner the better :)
God bless and thank you bud.
Same to you!
thx. i tihink the same way
I don't think you really struck the point that most people are thinking about. You are saying that since there are only about 350k axie players and about an expected potential of 35mil players then it's "safe" to invest. But with that logic, then the economy will inevitably crash and burn since there is an obvious roof to crash unto, aka the 35mil potential players. If that is so, then it would be more and more risky to invest in the game as the player count approaches 35 mi, will it not?
Thank you and yes you are right but I was trying to say that a) I think it will go further than 35m but b) even then there will be other ways to earn based on new game modes which would then expand the current economic model and not make it a susceptible to the current model's flaw
Phyramid axie, the real investment will be available, and the one that will still played before the investment recoverred
How much minimum investment needed
3am pc up.4am pc down
Hey sir! Hoping to be part of your team 💯
Is it too late to get in now? Thinking about selling my other cryptos to get into Axie
Honest question, is it really a decentralized game if they can change the game rules as they wish?
Game itself not decentralised. SLP and AXS is. If you got banned from the game, you just stop making SLP and can’t sell the Axie.
Hello Sir! I have a question, what if you're a scholar from another team then you thought to build my own team. Can I play it wti h the same wifi but different devices or will I get banned ? Ty for answering 😊
Thanks for the informative video. I have a few questions, though: I understand that Axie needs continual growth for it to be as profitable as it is now. But, specifically, what kind of growth? The way I see it is that it needs exponential growth (much like what it's experiencing now) in order to maintain the same level of profitability. Plain and simple growth isn't going to cut it. Once the number of existing players becomes significantly greater than new players coming in, the game's economy would take a plunge. I guess the million dollar question is, will the devs be able to maintain such growth and for how long? I'd love to hear your thoughts on this.
100% agreed! I still want to make a seperate video on htis since it is a whole topic on its own but the simple answer is: Continuous development of new game modes that expands the "products" you can earn, buy and sell. As to whether they can do that? Time will tellbut I have hope and belief they can. They got the funding, and a great team that is open with the community.
@@AxieExplained Looking forward to it! Subbed!
very informative
Glad it was helpful!
How do we rent axies?
It still makes no sence to me tbh. The only explanation you give is that SLP is worth money because people buy or burn slp in breeding.
But breeders very, very rarely buy slp, they use the slp that they farmed or that their scholars farmed.
So it still makes no sence to me, their is a big majority of people gaining slp and a big minority that actually do buy or burn slp.
I want to buy some axies soon but for now I'm only looking for a scholarship, thank you sir for sharing more tips in Axie Infinity
Don't think anyone wants scholars due to people miss using the system and multi accounting and getting banned
Might as well fomo in
If you need scholar get me
4th comment thanks for sharing
Magic the Gathering doesnt cost $1000 just to play
I spend 1200 4 days ago and already made back 198 dollars palying 3 days... So do thr math
The difference between mtg and axie is axie costs over 900 dollars to even start playing, definitely not comparable lmao
Duuuuude have you seen how much other people have spent on MTG??? Its insane. BUT yes your point is valid, I am simply using the biggest trading card game in the world as a point of reference for the POTENTIAL player base. I mean hearthstone could also be an option but that has a free to play model so it is a little difficult to find an exact match to make a comparison with
@@AxieExplained MTG arena also is well known for having a free playable model where it's very easy to get sought after cards. Almost everyone has the ability in that game to eventually have a meta stomping deck without paying a cent.
Yes it is difficult to find a comparison but I still feel like axie is a long way off from being playable by a casual crypto gatherer (think banano or some other very easy way to acquire coins). It's mostly targeting the whales as it is.
*Circular system*
*A pyramid is formed*
*_gulp_*
But the one is circle the other triangle 🤔🤫 but no its not the same 😂
@@AxieExplained I just found funny when you explained that a graph of an actual pyramid was formed xd
Too expensive to get in now.
hi do you have scholarship im looking for a competitive manager im from Philippines.
The axies are so cute hahahahaha.. but AXS is flying lol..
almos 10k subs
What happend with the contest!!! Of the slp !!
All economies of the world work this way
The game isn't even fun. It's just profitable, as soon as a fun and good (and profitable) game comes out, it'd be the end of Axie Infinity
👀👀 Pepper 🌶 Attack🌶 is coming in strong 💪🏽
@@NFT_Daddy what is this?
@@FelipePeixoto1991 a play to
Earn crypto game. It’s like axie but with pepper warriors check them out on Twitter
@@NFT_Daddy do you think it is going to be as profitable?
Only 1 of the 3 points you mentioned actually address the argument that Axie Infinity is similar to a Ponzi, the first. It's true that Sky Mavis does not directly receive the money, but as you yourself mentioned, they profit from the marketplace, and the marketplace prices are hugely affected by new money coming in, just like in a Ponzi. It's not exactly the same, but these two facts are:
1. The amount the devs are making, and the current players are able to make are more influenced by the money coming in than the axie's actual value.
2. The whole system of making money is dependent on "investors" buying axies and nothing else.
The reason is simple, the reason the game is being played right now is to make money. And you can only make (significant) money with the game as long as new players are buying axies. There is no way to keep the playerbase spending money except for the AXS rewards in the Arena, and that is not enough.
that suggests a potential bubble, not a ponzi scheme. Keep in mind that they have been working for years on this and its just starting to take off. On a side note, partners like ubisoft and samsung are not easy to get, and they certainly dont want to be associated with ponzi schemes. The prices are also heavily affected by people from the sidelines (people that dont even play the game) who invests in the axs tokens. Whales have their eyes on anything that makes noise, and currently the biggest nft project is something that makes a lot of noise. All in all i say they have more than enough for the time beign. There is a lot of things planned on the road map that can expand this universe, including axie burning which will make a huge impact as well.
@@Mm-dn5gc the "working for years" is IMO a negative but that's not a huge factor anyway. There were kickstarter scams that took years to make too.
Prices being affected by traders/whales is also irrelevant, Bitconnect had traders too. It is a fact that Axie took off because you can make money with it, and the amount depends on the value of SLP. It's a cycle as the video mentioned.
There is simply no denying the fact that as it stands the payout is significant because new money is coming in and that it needs to keep that money coming in to be sustainable.
@@Mm-dn5gc also I'd just like to add, I am not saying it is a scam. But that the economy is similar to a Ponzi. Changes have to be made so that the axies' and coins' price match their inherent value so that payout becomes sustainable without relying on new money coming in.
Just one question, why don't you go in the center of the screen? 😅✌️
To make space for the graphics 😅
Sky Mavis take 5% of each transaction, so that's the same as making money on a pyramid scheme, just being a bit less greedy.
The current roi is one month, $1000 to make $250 a week. That means a doubling of the player base each month. That means a player base of 350 million users by May. There's no way they could generate enough revenue to sustain a player base that large once new players aren't coming into the game.
Its worse cause there are cheaters in PVP that will fight you