Axie Infinity - A new Ethereum game similar to CryptoKitties [SPECIAL PRE-SALE]

[Lucasgabd]

what i am worried about axie is do they really have long term plans here? like many other seemingly solid projects, we have no clue about the real plans of the axie team. what if one of the members decided to cash out and leave? so if you are an axie player, i think, better cash out some of your coins at least getting your initial investment. and then, the rest you can always cash out whenever you want to. but secure your initial investments so it won't be hard for you if in case something goes wrong with the platform.

Very high likely that there is vesting term for internal members so their internal staffs can not cash out all AXS or SLP they have if it is from their investment internally.

I don't think a big project like Axie Infinity will have rug pull. With this great success, their internal team members can easily buy their tokens 2 years ago, even on the open market with cheap price and sell in bull market last year at all time highs. With huge trading volume in last year, it is not a big issue for anyone to cash out.

Now their project is in trouble after the hack and side effects from bear market. They are builder and leader in blockchain game so no rug pull.

The axie team doesn't receive any money in SLP
SLP is minted by players and burned by breeding with future burn methods/ sinks to be added.

I'd guess they earn in USD directly or stablecoins with some minor distribution in equity as AXS, but I could be wrong of course.

[AmbarCoin]

click on the link to the drive and saids 404 error

[Piston Honda]

scaaammmmmmmmmmmmmmmmmmm

[tbct_mt2]

The axie team doesn't receive any money in SLP
SLP is minted by players and burned by breeding with future burn methods/ sinks to be added.

I'd guess they earn in USD directly or stablecoins with some minor distribution in equity as AXS, but I could be wrong of course.

I mean their revenue that can be from SLP, AXS or stable coin. Their revenue on Ronin is falling to the bottom and it will be one of barriers for their compensation of $600M hack. In addition, the total GameFi industry is collapsing and Axie Infinity had to change their concept from Play to Earn to Play and Earn. They did want to change it before the hack but it is not matter before or after the hack, they changed the concept that is a good strategy.

However it seems too late for Axie Infinity and with the bear market, they will again have to build things in bear market like how they started.

[tperkara]

with falling prices, it is likely to go bankrupt and eventually scam too

[Lucasgabd]

The axie team doesn't receive any money in SLP
SLP is minted by players and burned by breeding with future burn methods/ sinks to be added.

I'd guess they earn in USD directly or stablecoins with some minor distribution in equity as AXS, but I could be wrong of course.

I mean their revenue that can be from SLP, AXS or stable coin. Their revenue on Ronin is falling to the bottom and it will be one of barriers for their compensation of $600M hack. In addition, the total GameFi industry is collapsing and Axie Infinity had to change their concept from Play to Earn to Play and Earn. They did want to change it before the hack but it is not matter before or after the hack, they changed the concept that is a good strategy.

However it seems too late for Axie Infinity and with the bear market, they will again have to build things in bear market like how they started.

it's never too late if you keep building
I think they'll be fine longterm

oh, you meant the revenue on Katana? this is just a small part of their revenue, they make a lot more money from marketplace fees, and they have a huge warchest to keep building through the bear now.

[tbct_mt2]

it's never too late if you keep building
I think they'll be fine longterm

oh, you meant the revenue on Katana? this is just a small part of their revenue, they make a lot more money from marketplace fees, and they have a huge warchest to keep building through the bear now.

They will survive, I did not wrote they will die.

However, survive and be able to recover are different. Recover and reclaim all time high are different. I know the Sky Marvis and Axie Infinity are very strong and they are genius. They built it up from last bear market and they can build up something in this bear market too.

I believe if they can build a new successful product that moves out of Play to Earn, they will be able to reclaim their all time high. It is not easy.

[Sarah Azhari]

with falling prices, it is likely to go bankrupt and eventually scam too

don't have a problem mate, how many axie do you have? if only several, you don't need to worry going bankrupt, just sell it now and the price is still not affected even if you sold it right now.

[Lucasgabd]

after 3 months:
The Ronin Bridge Is Open 🌱

really impressive for the team to recover from what was one of the biggest hacks in the world
maybe this will help fudders to chill out a bit...

more information on their substack

[spiker777]

with falling prices, it is likely to go bankrupt and eventually scam too

it is possible. but so far the team is still working. they just opened the Ronin bridge after 3 months. and doing constant updates and development. I think they have enough funds to continue this for years. and if they do it right they could recover SLP price as well..

after 3 months:
The Ronin Bridge Is Open 🌱

really impressive for the team to recover from what was one of the biggest hacks in the world
maybe this will help fudders to chill out a bit...

more information on their substack

nice update. it will help restore some trust of investors and gamers on them.

[koang]

after 3 months:
The Ronin Bridge Is Open 🌱

really impressive for the team to recover from what was one of the biggest hacks in the world
maybe this will help fudders to chill out a bit...

more information on their substack

Still probably not good enough but a good start.

Fixing something broken that should not have been broken,  is not an achievement. It’s standard.
After the hack, the one who wants to go in and use bridge will have second thoughts
Now is the time to sit back and see what's gonna happen next

[Lucasgabd]

after 3 months:
The Ronin Bridge Is Open 🌱

really impressive for the team to recover from what was one of the biggest hacks in the world
maybe this will help fudders to chill out a bit...

more information on their substack

Still probably not good enough but a good start.

Fixing something broken that should not have been broken,  is not an achievement. It’s standard.
After the hack, the one who wants to go in and use bridge will have second thoughts
Now is the time to sit back and see what's gonna happen next

I agree
though they got so down the whole, so beaten up, that the chances of never recovering from this hack were present as well

I'm just surprised that they could do it.

[tbct_mt2]

after 3 months:
The Ronin Bridge Is Open 🌱

really impressive for the team to recover from what was one of the biggest hacks in the world
maybe this will help fudders to chill out a bit...

more information on their substack

A new chapter of Ronin bridge begins and it lifts price of AXS and SLP up a lot days ago. It is good for short term rally but in future, Axie Inifity team must rework with their products and adjust their game economy. It is not an easy math for them to handle but they must figure it out. If they can not, Axie Infinity will not be able to reclaim their all time high.

The return of Ronin Bridge is good for reputation of Axie Infinity as they can fix technical issues and it brings some income to Axie Infinity too.

[nira09]

with falling prices, it is likely to go bankrupt and eventually scam too

The price of the AXS token has fallen very deep from its all-time high, but that doesn't mean this project will be a scam, because please note that the AXS token price at the time of the ICO was $0.1 USD and the daily trading volume of the AXS token is still above $100 million USD. . So this project will not die easily.

[koang]

with falling prices, it is likely to go bankrupt and eventually scam too

The price of the AXS token has fallen very deep from its all-time high, but that doesn't mean this project will be a scam, because please note that the AXS token price at the time of the ICO was $0.1 USD and the daily trading volume of the AXS token is still above $100 million USD. . So this project will not die easily.

Time will tell, but people should learn about economics and look around that everything is a downtrend

Axie infinity is only a game economy, Don't expect web3 technology as a sustainable money printing economy forever.
We need to lower our expectations.
And the bots are doing a brutal job against poor players, the game can never be fair for those who only have a few Energy

[Sarah Azhari]

with falling prices, it is likely to go bankrupt and eventually scam too

The price of the AXS token has fallen very deep from its all-time high, but that doesn't mean this project will be a scam, because please note that the AXS token price at the time of the ICO was $0.1 USD and the daily trading volume of the AXS token is still above $100 million USD. . So this project will not die easily.

Do not give up on the whales, and don't sell your token at the dump, we know all can back on track when bitcoin recovery at ath. As we can see today almost growing 5%, let's prepare your cash to buy more

[Whiteness]

with falling prices, it is likely to go bankrupt and eventually scam too

The price of the AXS token has fallen very deep from its all-time high, but that doesn't mean this project will be a scam, because please note that the AXS token price at the time of the ICO was $0.1 USD and the daily trading volume of the AXS token is still above $100 million USD. . So this project will not die easily.

but the recent price drop impacted the users very badly. regular players who were playing this game to make some money earn some tokens. are now lost their motivation to play. most of them already quitted and those who left are slowly using their faith in this project.
the devs really need to do something really soon if they want to save their userbase and trading volume.

[pangu]

On September 7-10, 2022, Axie Infinity will host the three-day "AxieCon" e-sports event in Barcelona with $1 million in prize money:
https://bsc.news/post/zyori-axiecon-is-the-culmination-of-our-work-to-gather-axie-infinity-community
https://axiecon.axieinfinity.com/

[Sarah Azhari]

but the recent price drop impacted the users very badly. regular players who were playing this game to make some money earn some tokens. are now lost their motivation to play. most of them already quitted and those who left are slowly using their faith in this project.
the devs really need to do something really soon if they want to save their userbase and trading volume.

Please leave the house clean and just let him go. I really don't care if nothing player plays this game because of too many players and too much lag. So I was happy if I can play the house self and can earn SLP many I own and hold it.

[Whiteness]

On September 7-10, 2022, Axie Infinity will host the three-day "AxieCon" e-sports event in Barcelona with $1 million in prize money:
https://bsc.news/post/zyori-axiecon-is-the-culmination-of-our-work-to-gather-axie-infinity-community
https://axiecon.axieinfinity.com/

lets see how this event helps axie infinity gain the lost trust of the community and the huge player base which they lost after the massive Ronin hack and SLP price drop.
$1 million is a huge reward. I hope they use it well and give it to deserving ones who actually support the project.