The rise of Axie Infinity

[doomloop]

I would say that the most important was that it gave people a "job" that they could do. Without the scholarship part I am not sure if it would be this big. The clear situation is that people with a ton of money could get as many axies they could, which is already a limited thing and very valuable anyway, but at the same time they would have workers named "scholars" and then they could make a profit based on their profits. Sure there could be some bad ones that deal with multiple and make you get banned or something which would be horrible for you, but in the end the good ones will allow you to make money without working.

You could have 30 axies and have 10 scholars who are dealing with 3 of them each and they would make you profit. This allowed axie to grow a lot more, I keep seeing scholarships applications everywhere I go to about axie infinity, and that keeps creating some hype.

[2double0]

The rise of NFT trend or axie infinity, both are somewhere related to poverty and unemployment. While Defi had touched its peak and began to vanish from the minds of investors, we needed some new projects that would refresh it. I have no words about our mind how quickly it grabbed the NFT industry and understood that this is going to be the next big thing. We prepared ourselves that NFTs which were in existence since 2016 already are the future of digital art, which blew the Defi industry and drew all those towards NFTs.

[GbitG]

I would say that the most important was that it gave people a "job" that they could do. Without the scholarship part I am not sure if it would be this big. The clear situation is that people with a ton of money could get as many axies they could, which is already a limited thing and very valuable anyway, but at the same time they would have workers named "scholars" and then they could make a profit based on their profits. Sure there could be some bad ones that deal with multiple and make you get banned or something which would be horrible for you, but in the end the good ones will allow you to make money without working.

You could have 30 axies and have 10 scholars who are dealing with 3 of them each and they would make you profit. This allowed axie to grow a lot more, I keep seeing scholarships applications everywhere I go to about axie infinity, and that keeps creating some hype.

Currently, main hype is just having scholarship specially due to Covid-19 there were no practical jobs so too many peoples involve with this, and they have some good earning which is now bringing more attraction in few countries because still too many issues with jobs and finances.

Few days back I watch one person with some good investment having very good profit because his scholars give him very good return of his investment, so now he is working with around 30 scholars mean some good investment, and he is thinking to touch 100 scholars number which will bring some good investment and more stability in this.

Surely in near future we will have some more projects like this because now it's also going to be very profitable for investors and players with play to earn trend.

[dupee419]

The rise of NFT trend or axie infinity, both are somewhere related to poverty and unemployment. While Defi had touched its peak and began to vanish from the minds of investors, we needed some new projects that would refresh it. I have no words about our mind how quickly it grabbed the NFT industry and understood that this is going to be the next big thing. We prepared ourselves that NFTs which were in existence since 2016 already are the future of digital art, which blew the Defi industry and drew all those towards NFTs.

DeFi and its perspective is definitely different from NFT and the NFT game called 'Axie Infinity' focused on building a community and making it effective in less than a year, though it actually took 3 years before Axie peaked. I think this NFT game is here to stay for a few years or even longer than 4, and because of this, the NFT hype continues, more NFT projects are being started every month.

[Dr.Osh]

Main reason for the price increase is just because there is a hype around blockchain gaming and axie infinity is one the best/more popular games out there. I wouldn't invest right now in AXS as it has already risen a lot and chances that it will fall are quite large...

for now, I also see it that way. I firmly believe that the adoption rate of AXS will continue to grow every day. in fact, right now I'm very interested in this game. if i had more funds i would also buy some axies to play with. it seems like a paradise for strategy gamers. even when people don't know much about crypto, they won't hesitate when they get to know Axie. however, I think its popularity is increasing, and that's why the price of the axie has increased.

[cryptoaddictchie]

I believe the game axie infinity will be the best investment in the future.

In the future? For me its kinda are now. Its one of the best right now. Though the income generated before its not comparable to the past few months. The dev continously making such update and progress for the improvement of it. Sooner or later those who left axie game will definitely fomo back when they saw a lot of new features that added on the game. Like Jihoz said we are too early and I believe that.

[perfect999]

I believe the game axie infinity will be the best investment in the future.

In the future? For me its kinda are now. Its one of the best right now. Though the income generated before its not comparable to the past few months. The dev continously making such update and progress for the improvement of it. Sooner or later those who left axie game will definitely fomo back when they saw a lot of new features that added on the game. Like Jihoz said we are too early and I believe that.

Good thing devs are really active and giving good updates to this game which is helping community for better income, even we have some good cut in this but still many users having very good use of this. Recently I joined few communities related to this game, they have very strong use case and their investments are also improving constantly because they have very good profit from this all.

In near future if team works like this, surely they will be able to have the biggest investments and better community which always help to grow in better way.

Axie Infinity game is giving some good help in during Covid-19 tough lock down and have very good rise during this all period but now after this still youths are enjoying with this all.

[FrozenBit]

The NFT gaming sector of the cryptocurrency market has grown tremendously in recent times, as market participants gradually realize the immense value that a game can bring, as opposed to the game model tradition offers little practical value. Another reason for the recent growth seen in Axie Infinity is the strength of the P2E game model, Axie Infinity is indeed the game that kicked off the P2E trend wave at the beginning of the year.

[FrozenBit]

The NFT gaming sector of the cryptocurrency market has grown tremendously in recent times, as market participants gradually realize the immense value that a game can bring, as opposed to the game model tradition offers little practical value. Another reason for the recent growth seen in Axie Infinity is the strength of the P2E game model, Axie Infinity is indeed the game that kicked off the P2E trend wave at the beginning of the year.

That's clear, because of the few NFT games I've seen this year, only Axie Infinity is really visible and very promising, so I personally like it very much, because the potential and interest in Axie Infinity has also been very good and a lot this year.

And besides, the difference between Axie Infinity and other projects pursuing the same field is that their products really work and create value for users. The hype about NFT is a lot, so when the trend is to explode, good projects will naturally develop strongly.

[nikola22]

And besides, the difference between Axie Infinity and other projects pursuing the same field is that their products really work and create value for users. The hype about NFT is a lot, so when the trend is to explode, good projects will naturally develop strongly.

Axie Infinity just shows the direction for developing of play-to-earn model. in the next couple of years we will see a great variety of such games because their popularity grows every day.

[Fivestar4everMVP]

A friend of mine sold all his AXS tokens, about 7000 of it, when it was a little above $2 usd, and this was this year, if am not mistaken, if not mistaken, around June or July, today when he chatted me up, he was full or regret as to him, he never imagined that the project would worth this much today.

Crypto currencies are highly unpredictable, and for axie, I think the reason for the surge in price is due to the fact that NFT gaming is currently a trend right now in this space, and I personally think axie is leading in this trend.

[isaac_clarke22]

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What do you believe to be the key factors that could have made this price movement possible?

It is all just the supply and demand always, OP.  That game specifically just went from unknown to almost pump and dump NFT here in my country and everyone just goes and apply for scholarships to get started.
I see already where it was going when it now pops up in my news feed so suddenly.

[LogitechMouse]

What do you believe to be the key factors that could have made this price movement possible?

Hype of NFT. Since it is arguably the most successful NFT game right now in NFT industry, I think that it has a huge effect to where Axie it is right now.
Continues adding of features in their platform. When AXS Staking isn't released yet, the price of AXS token is at around $60 but when it has been released at the end of September the price of it double immediately.

Overall, the demand of the game itself is just too high because of the fact that people can earn even though they are just staying at home. Many people lost their job due to pandemic and many are finding another sources of income and Axie is one thru scholarships. The demand is just too high even though it is still in Alpha Phase right now. Base on their roadmap, the Alpha stage of Land will release in Q4 and if this will be a successful one then the demand will be higher. No certainties still .

[sammy21]

Many people are looking for blockchain games which axie infinity fit in or meet the expectations of people in gaming that is on blockchain. Some people are looking to play games using crypto much the same as gambling in short looling for a new game where crypto is used as payment. There are some games made to meet the expectation of many forum user but the game didn't survived for long and now no longer running.

One fact that cannot be denied is that Axie Infinity is an NFT game that is now widely played with the aim of making money, if Axie is not a game that can provide cash benefits to its players, it is unlikely that this game will survive, it is necessary to appreciate the development of Axie. Infinity and until now many people still play it, and I think if Axie could speed up the launch of the official version of the game instead of the beta version, it would increase the pumping power for Axie Infinity.

[AwoCorporation]

Every play and earn game app always attract people to play specially if they really earn from it. This Axie infinity game became popular even here in our area because it is easy game at the same time you can earn. The demand for this game will continue to increase together with the value of AXS in the market.

This also happens in the neighborhood where I live, a lot of people talk about this one game, moreover this game can give us an advantage by playing it, this makes many people interested in playing, because when else can we play a game but we can also earn money from the results of playing, this is the special attraction of NFT-based games, if more people feel the benefits of their playing, the faster the development of the game and make Axie's value pump even more due to increasing demand.

[dimonstration]

I'm sure because it's the base of the game. Where gaming has a huge community in the world. Mixed with the investment in the items that are in that game, axie is currently the only highly successful NFT coin in cryptocurrency. I've seen some similar games as well. but only axie can survive even staying ahead when the market is negative.

Additionally, Axie is heavily backed by Philippines & Vietnam community and it was the first mover on this gamify pay to earn model on NFT so its very hard to beat by other same kind of game since a lot gamers already set foot and heavily invested on this game. Same on the scenario of ETH on smart contract blockchain industry, There's a lot of blockchain project that's more faster and cheaper than Ethereum but it still remain on top of it's competitor even with that huge disadvantage. It's all about who comes first and make success on there industry to make this kind of crazy gain to happened.

[leea-1334]

A friend of mine sold all his AXS tokens, about 7000 of it, when it was a little above $2 usd, and this was this year, if am not mistaken, if not mistaken, around June or July, today when he chatted me up, he was full or regret as to him, he never imagined that the project would worth this much today.

Crypto currencies are highly unpredictable, and for axie, I think the reason for the surge in price is due to the fact that NFT gaming is currently a trend right now in this space, and I personally think axie is leading in this trend.

Trust me,,, he will not feel regret that he has $14000 now because nobody playing Axie comes from a rich country I know this. Use that money to buy something good or put into pension fund. AXS could go higher but once the hype dies down it will become just another token trading below the high and never going higher. It will get replaced and not survive.

[Dewiana]

Another influence is because when people play games, they can also get income so they don't just play games. axie is also one of the viral games and also his game on the eth platform earns thousands of coins..

[Ucy]

What do you believe to be the key factors that could have made this price movement possible?

AXS's price pump is due to staking, everyone's holding, and of course the others are using it for breeding axie, therefore there's a good chance AXS will pump even higher. It has a wide spectrum of uses, and I expect that SLP will add more in the future. I can't wait for Battle 2.0 and Axie Land; perhaps they'll add more SLP usecases and a potential of SLP pumping if that time comes.

Axie is popular, which is one of the reasons it pumped so hard, and I believe it will pump even harder in the future.

Interesting.
Well, I'll probably still keep researching to see if it's worth whatever price it's currently worth.
Hope it's not like the current NFT space where worthless piece of art can fetch people lots of money.  I think people should spend their time and money on something worthwhile so they don't regret later.  

[blockman]

Another influence is because when people play games, they can also get income so they don't just play games. axie is also one of the viral games and also his game on the eth platform earns thousands of coins..

People earn from it and that's why it became trending. We're all looking for another income stream and this game is providing it. It may not be as big as others think since its market is tanking, still, it became a good source of income.

Another difference with Axie Infinity is that its value is already quite high and the demand for it in the market is already quite a lot, so basically this has become a big difference between Axie Infinity and other NFT tokens.

The Axies became cheaper because of the new update but the governance token isn't cheap, the AXS. SLP is cheap but the other isn't.