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.
Topic: The rise of Axie Infinity - page 3. (Read 480 times)
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Sky Mavis, the Vietnam-based developer behind the blockchain-powered game, is implementing a rule that prevents users with a matchmaking ranking (MMR) below 800 from earning SLP tokens in the adventure, arena, or daily quest mode. MMR is a unit that indicates or measures player strength.
https://www.techinasia.com/axie-infinitys-players-divided-move-prevent-level-players-gain-slp
This is a bad move these owners are also investors of Axie and they support the project it is discriminatory to some of it's players.
But AFAIK, Jihoz took another tweet about this matter and there's a change that 800 mmr and low still can earn SLP after making a 5 wins in the arena.
I think that's still a decent requirement.
Axie had the advantage of being the first paly to earn nft game using blockchain technology, this really help to spread the popularity and increase the hype of axie, increase their user base a lot,
I read somewhere how people where earning during the lockdown thanks to axie play to earn game, like someone said above, the timing of launching the project was right, it happened at a very difficult time for some people. I believe there is more room for axie to grow as long as the team keep working hard.
I read somewhere how people where earning during the lockdown thanks to axie play to earn game, like someone said above, the timing of launching the project was right, it happened at a very difficult time for some people. I believe there is more room for axie to grow as long as the team keep working hard.
I think the presence of axie infinity in a crypto can give a very positive feel to the development of the cryptocrancy in the future, because axie infinity is based on online games that can quickly hypnotize its users, so its popularity is very high at this time, and we can see the price Axie Infinity is currently very high at $119, if you look at its development, the axie Infinity has a great opportunity to grow higher and become the best investment in the future.
Looking at it before, crypto gaming is still very rare and the starting price of AXS is still at $1, when AXS starts to rise above a fully diluted market cap of $2 billion, at the same time other gaming coins are starting to emerge this is a good sign for the development of the crypto gaming world. Indeed fundamentals are important, if crypto fundamentals are good, there will be times when they will rise and this is the key factor. In addition, AXS also has a locked savings of 15% per year.
When you talk about "price prediction", the most common advise that someone will give you is that it's quite impossible to predict which coin is about to make massive gains, and it's true, even with a lot of research people struggle to find those "gems".
But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
The popularity of this game spread so fast this year especially when the SLP is climbing up to its ATH. Its kinda bomb that explodes. Axie is the most successful NFT game during this time. Although there are lot more NFT games out there, it seems that lot of people are still into axie. From what I am seeing right now, even though SLP continues to go down this past few weeks,looking on the roadmap lot is more to come in axie. I think axie will still be the number 1 nft game and will last longer due to this. But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
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.
Because there are two things that some people really like about this game, so that it already has a lot of fans, the first because it's easy to play the game and the second because AXS is very suitable for trading in the short term this year. IMO, it might be the reason is NFT Axie was on the perfect timing, the play-to-earn games which are catching the interest in most people especially people now are always on the internet and seeking extra income, that is why more people who believe in this NFT project. As we noticed all gaming platform has been brought hype now and it includes the gaming NFT which is the pioneer one is Axie Infinity and in fact, it gains too much trend in my country and might the adoption has been quickly spreading.
If the coin was based on demand and supply no doubt the price will continue to increase since many people adopting this platform and some of them have multiple accounts since they do farming for earning money.
If the coin was based on demand and supply no doubt the price will continue to increase since many people adopting this platform and some of them have multiple accounts since they do farming for earning money.
Precisely mate the timing for the hype of Axie is perfect, the situation that everyone facing right now is the main reason why people are searching for extra income. The play-to-earn feature of the game really attracts interest of people to invest that's why I think there are many newbie in crypto now because of this game. I don't know if I should called them already a newbie to crypto if they are only associated with Axie. However, the market demand for AXS cannot deny that the game is really in hype however players and investors now are being worried about the price of the in-game token which is the SLP, too many minted yet too low burning mechanism.
The hype and popularity of AXS is what causes the price to be so high now. axs was one of the first to use blockchain with games, and they are now widely adopted by both game and crypto lovers. this is what makes many new projects appear to be able to be like AXS with almost similar concepts.
Not for long they just made an update and a new announcement and this is bad news for Axie players
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The update will now prevent players who have MMR 800 and below from earning SLP in any of the game’s modes. This blocks them from earning SLP from Adventure as well.
This is indeed bad news those with lower bracket are not going to earn any more, this is bad because people invested on Axie but now since they have lower MMR they cannot earn anymore.
On the positive note it will prevent abuse
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This was done to prevent players from abusing the MMR system to get easy wins in Arena. The objective is to keep Arena as competitive as it gets, with the idea that people would play Arena for the competition and not for the rewards. The new system also is meant to keep SLP rewards only for those who are wholeheartedly competing.
Axie Infinity update prevents SLP earning for low MMR players
The hype and popularity of AXS is what causes the price to be so high now. axs was one of the first to use blockchain with games, and they are now widely adopted by both game and crypto lovers. this is what makes many new projects appear to be able to be like AXS with almost similar concepts.
Let's start with the fact that Axie has been working for a long time. Large funds were invested in the project and after that the project raised an unimaginable amount of money from the same funds. Economically everything works but i can't play it now and say that i like it. I will look forward to other projects with better graphics.
Axie can rise more than now. But if you want to invest in Axie, you should wait for the bear trend coming because that can make the price drops too deep and that will be your chance to buy the token. This year, the rising of crypto games is happening, with many gaming projects offering a new experience, including what Axie offers to gamers, investors, or even traders.
The trigger factor could be many things, but we know that the NFT is booming that makes the NFT project have been searched by those who want to make money from NFT. Investing in the altcoin while the price already increases is not recommended because the price can down anytime while we do not know if the price can still increase or not.
The trigger factor could be many things, but we know that the NFT is booming that makes the NFT project have been searched by those who want to make money from NFT. Investing in the altcoin while the price already increases is not recommended because the price can down anytime while we do not know if the price can still increase or not.
When you talk about "price prediction", the most common advise that someone will give you is that it's quite impossible to predict which coin is about to make massive gains, and it's true, even with a lot of research people struggle to find those "gems".
But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
The hype around NFT-gaming is still on, so some games are really pumping these days. Axie Infinity the most popular one, it has the biggest number of players, so its coin is also the most bullish. But noone can tell for sure how long it will continue, so it is better not to try to invest in this coin now. It is better to find another promising game or focus on another sphere if you are not good at computer games. But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
What do you believe to be the key factors that could have made this price movement possible?
The usefulness of AXS token, it has also limited supply. People are discovering a new generation of game that let them all to play and earn without needed a lot of effort. So many people are buying AXS to be used for staking purpose as well. There will be also new feature to come soon just like land gameplay and many more. Basically, play to earn was the main reason that drives the price of AXS to go to the moon. Im not seeing any other important reason than it. AXS was going so crazy caused by the hype and people are driving it even higher with FOMO.
There are lots of new millionaires caused by this game. AXS was so crazy but we will be seeing the next PTE game like vulcan verse.
One of the factors that caused the price of AXS to soar dramatically was the increasing number of fans for this game, especially in the midst of the pandemic, many people lost their jobs and then looked for opportunities in other ways, one of which is playing games. And what's interesting about Axie Infinity is that it "plays to earn" so many people play this game. I think the fan factor continues This increase is one of the reasons why the price of the coin continues to soar.
It is not that hard to understand why Axie Infinity is rising. They're one of the pioneers in blockchain gaming. In fact, they are probably the first game that became a big hit using the NFT technology. The game has made a sweeping impact in the cryptocurrency market. So you will somehow predict that its value will continuously rise.
But even Axie Infinity is not immune to the effect of a more bullish Bitcoin. If Bitcoin rallies hard, altcoins will bleed. That includes AXS and SLP.
But even Axie Infinity is not immune to the effect of a more bullish Bitcoin. If Bitcoin rallies hard, altcoins will bleed. That includes AXS and SLP.
What I am worried about Axie Infinity is the future updates on the game that the majority of players will not agree with, this could be a massive downside for sure. But I am positive that the team behind Axie Infinity is extremely aware of this.
But for me, Axie Infinity still got lot of room to grow since their game is still on Beta, so I am looking for long term for this NFT game.
But for me, Axie Infinity still got lot of room to grow since their game is still on Beta, so I am looking for long term for this NFT game.
What makes Axie Infinity rise is its popularity and how people can earn money from playing the game. If there is good progress on these two factors, then a chance for Axie Infinity to rise more is very opened. Another thing to be considered is how the trend of crypto gaming survives. As long as the trend of crypto gaming is good and people are interested to join it, then Axie Infinity can continue to rise.
IMO, it might be the reason is NFT Axie was on the perfect timing, the play-to-earn games which are catching the interest in most people especially people now are always on the internet and seeking extra income, that is why more people who believe in this NFT project. As we noticed all gaming platform has been brought hype now and it includes the gaming NFT which is the pioneer one is Axie Infinity and in fact, it gains too much trend in my country and might the adoption has been quickly spreading.
If the coin was based on demand and supply no doubt the price will continue to increase since many people adopting this platform and some of them have multiple accounts since they do farming for earning money.
If the coin was based on demand and supply no doubt the price will continue to increase since many people adopting this platform and some of them have multiple accounts since they do farming for earning money.
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.
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