The future of Axie Infinity | Bitcointalksearch.org

Chato1977

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Quote from: TimeTeller on October 16, 2022, 04:56:54 PM

I remember EOS, I thought they will be successful in this market.
The fees are cheap and I really thought they had a chance here.

they even launch gambling platform in which i thought will last long , but now look at the project though still holding top 50 coin yet ?

https://coinmarketcap.com/currencies/eos/

very low to what Investors expected back then.

https://coinmarketcap.com/currencies/eos/

Quote

With Axie, I believe, the hacking incident was the beginning of their problems.
They were enjoying the popularity as P2E gaming platform and suddenly a multi-million dollar hack happened.
Definitely, this hacking incident affected their platform. They only recovered about $30M from $600M+ stolen crypto with the help of US Government.
https://www.coindesk.com/policy/2022/09/08/us-government-recovers-30m-from-crypto-game-axie-infinity-hack/
Can they regain their popularity and still be the top p2e gaming platform?
This is hard to determine, so if you're a player, better secure your initial investments. At least get your initial funds by selling some of your coins.

is there truly hacking that happened? or is this another "HackMe" thing?

why is it most of the successful project in the beginning suddenly end up being hacked?

sunsilk

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Quote from: asriloni on October 29, 2022, 11:28:00 AM

There are few things that i have been watching it since last year regarding axie

1. NFT price floor
2. Unique users
3. Land
4. Revenue
5. Debt (relate with axie hacked case)
6. Development progress.

My conclusion is development progress from axie that is still going pretty well right now while another things are facing disaster just like all of price axie NFTs have been going down so hard. I remember the day when my friend bought three axies for 3k USD and this time it's only worth $6 for all three axies which is proving if axie infinity didn't have good future.

Axie monthly active players are also going down so hard https://activeplayer.io/axie-infinity/

I guess this caused by ROI become a very long for the new players and they are not interested anymore to own axies and then play the game. I guess if majority of active players are also bots that used to grinding owned by a few people.

The price of land is also going down like a rock goes to the ground.

It all lies down to the value of Axies went down to the bottom and as well as the price of SLP went too very low.

If it's not for those matters, there will still be a lot of active players and there will still be a massive demand for SLP. But, what happened is the opposite, due to the minting of unlimited supply of SLP, that has made the inflation too high and caused the price to go down.

I have seen an individual that posted his worth of $3M worth of SLP and it's down to a few right now. He didn't sell during the top and he's firm on it, what a gamble and loss of money.

asriloni

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There are few things that i have been watching it since last year regarding axie

1. NFT price floor
2. Unique users
3. Land
4. Revenue
5. Debt (relate with axie hacked case)
6. Development progress.

My conclusion is development progress from axie that is still going pretty well right now while another things are facing disaster just like all of price axie NFTs have been going down so hard. I remember the day when my friend bought three axies for 3k USD and this time it's only worth $6 for all three axies which is proving if axie infinity didn't have good future.

Axie monthly active players are also going down so hard https://activeplayer.io/axie-infinity/

I guess this caused by ROI become a very long for the new players and they are not interested anymore to own axies and then play the game. I guess if majority of active players are also bots that used to grinding owned by a few people.

The price of land is also going down like a rock goes to the ground.

jostorres

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Quote from: Harchive on October 16, 2022, 09:03:28 AM

Anyone who still believe in Axie infinity on here? They are planning to launch a new game but I doubt the future value of their token, few people in this forum are saying that play to earn games benefits only the early investors and it looks like so but I want to hear your thoughts on the project.

If it was like a pump and dump style of a game then yes because the owners won't plan to continue improving the game but they will just leave once they got their quota. For a play to earn games that aren't like that but have an ambition only to become the best. Not only the early investors can earn on them but even the late joiners can also get a benefit on them because they won't stop on doing ways in order to attract more people in their game.

Some games do also have a scholarship program like the late axie. We can always apply on it if we are afraid of risking our own money in the game. If axie can create a new game then that's a good news for those who are still hodling their token. Maybe this can help its price rise.

GxSTxV

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The future of axie infinity now as i see is up to player and investors of this game and big project, i really love to see the things that axie achieved even with much failures and problems they had and the attacks and hacks they received but their team still working hard and fixing everything so people and the players continue to play axie, they even managed to keep a price of 9$ For axie coins.
I never tried the game because i never had time for games but it’s really popular and among the first P2E crypto games with a unique idea so since people and player like it and play it for fun before thinking of getting rich from the game, axie will get a bit stable and might even achieve ATH again

carlfebz2

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Quote from: ultrloa on October 21, 2022, 05:22:17 PM

Quote from: carlfebz2 on October 20, 2022, 06:41:03 AM

Quote from: ultrloa on October 19, 2022, 04:07:06 AM

!

There are really people whom do really still hope for some miracle when it comes to their negative investment which they do still have those perceptions and beliefs that there might be some change of trend and

interest and just been said that if they arent really finding those ways on how to improve the game or giving back the essence of an earn to play game then they wont really be still getting chance of recovery.

Well can't blame them to hope because Axie team also do some updates on the game which make more people hope again that the price of their token rise. We cannot say it will not happen again since if they are consistent to do more updates it will happen.

And its just many people now cannot afford to spend more on it because they are worried about its future and like me as I said I will not put any more there anymore since I don't want to hope again for another time.

Looking around on the marketplace then axies price arent really that expensive compared into those hype or peak days where axies do cost more that $1000 as far as i remember or even more.

Now they are cheap but i cant blame out people not to buy despite of being cheap because they arent seeing some future of this project.Its understandable that we are on a bear market but the team
are still consistently trying to upgrade and make updates which is a solid indication that they are really that dedicated.

So its up to someones preference and risk taking if they would still support or not.

blockman

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Quote from: makishart on October 21, 2022, 10:47:31 PM

The new game was supposedly for the land owner.

Look at the axie chart here https://www.axieworld.com/en/economics/charts?chart=revenue

The revenue was doing so hard. There will be a deadline for next token unlock and you can see this https://u.today/axie-infinity-plunged-to-16-month-lows-active-players-drained-massively

And again that's worth almost 190 millions of money https://cryptoslate.com/axie-infinity-price-struggles-as-189m-worth-of-tokens-are-set-to-be-unlocked/

A huge dump will come soon. The early invetors will be selling their tokens caused by they were in huge profits right now. This game doesn't have future.

That's sad.
The devs have already made a lot and they didn't try to make the game maintain its growth. Despite the efforts of their investors to keep up with the game and its updates, that's no longer helping them.
That's a sure thing that many are just waiting for the right time to dump and all of their tokens value and NFTs, axies and lands are dropping low so badly.

makishart

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The new game was supposedly for the land owner.

Look at the axie chart here https://www.axieworld.com/en/economics/charts?chart=revenue

The revenue was doing so hard. There will be a deadline for next token unlock and you can see this https://u.today/axie-infinity-plunged-to-16-month-lows-active-players-drained-massively

And again that's worth almost 190 millions of money https://cryptoslate.com/axie-infinity-price-struggles-as-189m-worth-of-tokens-are-set-to-be-unlocked/

A huge dump will come soon. The early invetors will be selling their tokens caused by they were in huge profits right now. This game doesn't have future.

goinmerry

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Quote from: Harchive on October 16, 2022, 09:03:28 AM

Anyone who still believe in Axie infinity on here? They are planning to launch a new game but I doubt the future value of their token, few people in this forum are saying that play to earn games benefits only the early investors and it looks like so but I want to hear your thoughts on the project.

As long as the development goes, the game will be played no matter what. Developers just need to remain positive despite not being in the hype right now.

But as far as their utility token SLP goes, don't expect that this token will still reach its ATH. Not with the game hype, but traders are the big reason why SLP experienced a sudden hype. Maybe AXS is still good as part of our portfolio.

If you really have an interest in the game, just enjoy playing without expecting profit in return the same as how everyone plays their desired game with no P2E features nor earning part.

poodle63

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This game is dead. The low quality boring game will be dead as soon as possible. The grinders are so stupid to think this game will still give all of them money. They were playing the game everyday for pennies which are not even worthy anymore.
The end for play to earn token is once it can't meet the stability for its tokenomic like axie which has been hurting the price forever. People play for money but trader know they must not give more money to the players.

ultrloa

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Quote from: carlfebz2 on October 20, 2022, 06:41:03 AM

Quote from: ultrloa on October 19, 2022, 04:07:06 AM

!

There are really people whom do really still hope for some miracle when it comes to their negative investment which they do still have those perceptions and beliefs that there might be some change of trend and

interest and just been said that if they arent really finding those ways on how to improve the game or giving back the essence of an earn to play game then they wont really be still getting chance of recovery.

Well can't blame them to hope because Axie team also do some updates on the game which make more people hope again that the price of their token rise. We cannot say it will not happen again since if they are consistent to do more updates it will happen.

And its just many people now cannot afford to spend more on it because they are worried about its future and like me as I said I will not put any more there anymore since I don't want to hope again for another time.

blockman

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Quote from: carlfebz2 on October 20, 2022, 06:41:03 AM

Quote from: ultrloa on October 19, 2022, 04:07:06 AM

!

There are really people whom do really still hope for some miracle when it comes to their negative investment which they do still have those perceptions and beliefs that there might be some change of trend and

interest and just been said that if they arent really finding those ways on how to improve the game or giving back the essence of an earn to play game then they wont really be still getting chance of recovery.

We cant conclude someones future or anyones future but it is really that commendable into those people who are still playing despite of the earnings are already not worth for your
time and investment.

And I am one of those people but at the same time, I've already accepted the bad fate if ever this project won't be huge anymore. The trend is gone but that doesn't mean that the game and project itself are dead. It's still ongoing and still has active players inside the game.
But as we know, it's not the active players that are making the market and moving it but the speculators, traders, and investors. And they're different from the gamers that are also part of its ecosystem and economy.

carlfebz2

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Quote from: ultrloa on October 19, 2022, 04:07:06 AM

!

There are really people whom do really still hope for some miracle when it comes to their negative investment which they do still have those perceptions and beliefs that there might be some change of trend and

interest and just been said that if they arent really finding those ways on how to improve the game or giving back the essence of an earn to play game then they wont really be still getting chance of recovery.

We cant conclude someones future or anyones future but it is really that commendable into those people who are still playing despite of the earnings are already not worth for your
time and investment.

batang_bitcoin

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I do not play the game anymore but I still hold a little AXS and more of SLP that has been there sitting for a long time. I'm just waiting for it to have a comeback but if there's none, that's okay and considered now a huge loss for me. That's how it goes, what comes around, goes around and the same goes for Axie Infinity, they're still making a lot of players active and that's a good sign that a comeback might happen. But as I've said, if things didn't go from what my plan is, then that's okay and I'm already adjusted from that happening.

ultrloa

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Quote from: Quidat on October 18, 2022, 04:25:34 PM

Quote from: Harchive on October 16, 2022, 09:03:28 AM

Anyone who still believe in Axie infinity on here? They are planning to launch a new game but I doubt the future value of their token, few people in this forum are saying that play to earn games benefits only the early investors and it looks like so but I want to hear your thoughts on the project.

Frankly its not really that worth on spending your time and earning just peanuts.Its true that those who did make money is to those investors who are on early phase but surprisingly there are
still people who do play Axie nowadays despite of the small earning opportunity.They do still show up some support into the game even into these bad times.
Cant really be denied that people or investors had lost up its interest considering that they hadnt able to find solution on how they would really be having those burning
mechanism of SLP and this had been the main sole reason on why Axie infinity that dropped.

Those people are trying to recover their money spend buying meta axies before even if the earning is low they still believe that there's great things coming especially if market recovers. I still hold some axies but I don't have plan to play it since it need to spend another money just to make your axie strong and I don't want to spend any cents in that game anymore.

Quidat

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Quote from: Harchive on October 16, 2022, 09:03:28 AM

Anyone who still believe in Axie infinity on here? They are planning to launch a new game but I doubt the future value of their token, few people in this forum are saying that play to earn games benefits only the early investors and it looks like so but I want to hear your thoughts on the project.

Frankly its not really that worth on spending your time and earning just peanuts.Its true that those who did make money is to those investors who are on early phase but surprisingly there are
still people who do play Axie nowadays despite of the small earning opportunity.They do still show up some support into the game even into these bad times.
Cant really be denied that people or investors had lost up its interest considering that they hadnt able to find solution on how they would really be having those burning
mechanism of SLP and this had been the main sole reason on why Axie infinity that dropped.

cryptoaddictchie

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Quote from: Harchive on October 16, 2022, 09:03:28 AM

Anyone who still believe in Axie infinity on here? They are planning to launch a new game but I doubt the future value of their token, few people in this forum are saying that play to earn games benefits only the early investors and it looks like so but I want to hear your thoughts on the project.

A lot still stay playing axie but those stays are surely those who are into gaming and those who are already roi their money from it. Those who losses a lot of money are probably gone and quit. Cant blame them as the token price tank huge and anyone can not have same energy to continue with cause getting back their money becoming far from reality.

I might not say it will not recover but with the current tokenomics. I think its better to invest on other to regain their loss.

sunsilk

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Quote from: Harchive on October 16, 2022, 09:03:28 AM

Anyone who still believe in Axie infinity on here? They are planning to launch a new game but I doubt the future value of their token

What's that new game? Is it Sky Mavis that will produce another game or it is in-game of Axie Infinity as they have developers portion on that game which allows them to make mini-games where the characters are the Axies.

Quote from: Harchive on October 16, 2022, 09:03:28 AM

few people in this forum are saying that play to earn games benefits only the early investors and it looks like so but I want to hear your thoughts on the project.

Actually, I've heard that from many people and they've said a fact on it.

But to take a look at the P2E games right now, they're not really looking good. You may earn still but that's just going to be a few some.

TimeTeller

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Quote from: JeromeTash on October 16, 2022, 04:55:30 PM

Quote from: jackg on October 16, 2022, 09:50:46 AM

I just doubt they will... I think axie is going to end up going down as another shitcoin

Just like the path every other hyped token has gone through before even after raising a lot of funds. Coins like EOS still keep echoing in my mind whenever I think about a very "successful ICO"

Quote from: jackg on October 16, 2022, 09:50:46 AM

Edit: looks like they raised $153 million at the start of 2021, I wonder what that was spent on.

Tequila on the Beach for the devs?

I remember EOS, I thought they will be successful in this market.
The fees are cheap and I really thought they had a chance here.
With Axie, I believe, the hacking incident was the beginning of their problems.
They were enjoying the popularity as P2E gaming platform and suddenly a multi-million dollar hack happened.
Definitely, this hacking incident affected their platform. They only recovered about $30M from $600M+ stolen crypto with the help of US Government.
https://www.coindesk.com/policy/2022/09/08/us-government-recovers-30m-from-crypto-game-axie-infinity-hack/
Can they regain their popularity and still be the top p2e gaming platform?
This is hard to determine, so if you're a player, better secure your initial investments. At least get your initial funds by selling some of your coins.

JeromeTash

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Quote from: jackg on October 16, 2022, 09:50:46 AM

I just doubt they will... I think axie is going to end up going down as another shitcoin

Just like the path every other hyped token has gone through before even after raising a lot of funds. Coins like EOS still keep echoing in my mind whenever I think about a very "successful ICO"

Quote from: jackg on October 16, 2022, 09:50:46 AM

Edit: looks like they raised $153 million at the start of 2021, I wonder what that was spent on.

Tequila on the Beach for the devs?

jackg

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https://bit.ly/387FXHi lightning theory

I think it depends on how much money the devs have made. A lot of ico projects started bringing in about $20 million around that time, if they made anywhere near that and had belief in their project, they could really make something quite cool out of it.

I just doubt they will... I think axie is going to end up going down as another shitcoin but there's probably a good incentive for the developers to make something more and build on it. They did a lot of damage deciding to give less slp to users and completely tanked that token too which probably hurt their reputation quite a bit (I think they should have upped the axs spend on breading instead and I'm not sure why they didn't).

Edit: looks like they raised $153 million at the start of 2021, I wonder what that was spent on.

Harchive

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Anyone who still believe in Axie infinity on here? They are planning to launch a new game but I doubt the future value of their token, few people in this forum are saying that play to earn games benefits only the early investors and it looks like so but I want to hear your thoughts on the project.

Topic: The future of Axie Infinity (Read 297 times)