In the field of encryption, no one should have heard the name Axie Infinity.
Axie Infinity went out of the circle last time because it let people know that "playing games can also make money", and Axie Infinity's out of the circle this time is because it let people know that this game "can make money without playing".
Of course, the premise of "making money without playing" is that you have two Axie Infinity tokens in your wallet - AXS and SLP. According to Coingecko data, Axie Infinity’s governance token AXS has increased by as much as 410.2% in the past two weeks, while the SLP tokens won by players through battles have increased by as much as 162.7% in the past two weeks.
The market performance of NFT in Axie Infinity is also strong. According to CryptoSlam data, the transaction volume of Axie Infinity NFT secondary market in the past 30 days has reached 370 million US dollars, almost ten times that of the second-ranked Bored Ape.
In other words, the current Axie Infinity is an absolute leader in both the ERC-20 secondary market and the NFT secondary market.
It made me think of Ethereum.
If you have been active in various Chinese communities of Axie Infinity for a long time,you must be familiar with the name "囧Knight". He is a veteran player of Axie Infinity, and he also established and operated Axie Infinity's Baidu Tieba. He wrote many game tutorials and strategies to help countless players grow from a rookie who knows nothing to a master who ranks among the top in the world.
Jiong Knight's job is industry analysis and investment in the blockchain industry. He is usually busy at work, and the only time he can play games is after returning home at night. The first time he came into contact with this blockchain game was in March 2020, during the worst period of the new crown epidemic. At that time, it was an epic bear market in the cryptocurrency industry. At that time, Axie Infinity 's second season.
Affected by the epidemic, Jon Knight, like many people, has lived a life of working from home. There is a saying in the encryption field that people are only interested in doing research when it is in a bear market. It is at this time that Jon Knight started to study Axie Infinity . At that time, Jiong Knight spent a lot of time researching projects related to the virtual economy (Virtual Economy), and made some investments himself, among which Axie Infinity attracted him the most.
This is a miraculous project, which continues to develop in the bear market and has never stopped. The Discord channel is also much more active than other projects of the same period, and new players join every day. Although the industry is in a slump, Axie Infinity But it was a scene of prosperity.
"It reminded me of Ethereum." Joan Knight said when recalling the scene at the time.
He saw the shadow of the early Ethereum from this chain game. After the bear market in 2013, Ethereum was developed and perfected silently, and finally broke out in the next wave two years later. Although the connection between Axie Infinity and Ethereum was just because of his own intuition, and he felt that the two were a little similar in a flash, but he still wrote down this blockchain game, and focused on and participated in it.
Don't put all your eggs in one basket, but I just like to catch a rabbit.
Jiong Knight also gave full play to his strengths when playing Axie Infinity. He was good at analysis and research, and for this field that few people paid attention to in China at that time, a "pioneer" was needed.
So Jiong Knight started to "open up wasteland". In order to let more Chinese players know about this game, he chose to establish "axie fantasy creature bar" on Baidu Tieba. On this platform with a wider audience, he began to write an article Another game tutorial, strategy, and often here to help players solve various problems. Although the number of users using Tieba has been decreasing in recent years, the axie fantasy creature bar is still active, and many players discuss their game experience here every day.
After in-depth experience of this game, Jon Knight made a very high evaluation of it. He said that Axie Infinity is his "impression that truly inherits and continues the game born in the circle."
The inheritance of the products born in the circle refers to that Axie Infinity inherits the genetic reproduction gameplay in the last popular blockchain game CryptoKitties, and this includes the process of scarcity, collection, processing and breeding to form new scarcity. Come to think of it, such collections are more efficient, less costly, and more real-time and perceivable than traditional collections; and the continuation refers to the fact that Axie Infinity binds cards and skill sets to the reproduced body parts,囧Knight It seems that this undoubtedly makes this game interesting all of a sudden. Players can not only collect it but also play against other players like playing Hearthstone. The battle will win income, and breeding produces Axie with a good skill set. Can sell for a very good price.
"At the same time, its art style is suitable for all ages. It is more childlike, and it is also the type I like." Joy Knight said.
And now the explosion of Axie Infinity is taken for granted by the Joon Knight.
"As long as the bull market comes, Axie must be the leader in this field." Joan Knight has always thought so. He thinks that Axie Infinity has many conditions that can make it popular, and the most gratifying thing for him, an old player, is The development team has always had a long-term operation plan for the game, including migrating Ronin sidechains, V2 battles, voting governance models, and metaverse land game modes. When the plans on the roadmap become reality and the market response is getting better and better, the old Players' confidence in this game has been greatly improved.
"Although we have a saying that don't put all your eggs in the same basket, but I just like to catch a rabbit, haha." Joon Knight said.
The Play to Earn model turns the player base into a more viable mini-economy.
Axie Infinity let many people know for the first time that they can also earn money by playing games, and this mode is called "Play to Earn", which is generally translated as "Play to Earn Mode" or "Earn while Playing" in Chinese. Players can obtain game assets such as NFTs and tokens that can be freely traded by playing games, and they can make money by selling them, which is unimaginable for players of traditional games.
Many mobile games now require players to spend money constantly. Game developers continue to release stronger new equipment, and if players want to win in the game, they need to keep charging money to buy equipment. These game characters that spend a lot of money to buy Virtual assets such as equipment, equipment, etc. do not belong to the player. If one day you don’t want to play this game, you can’t sell them, and if the game is closed, all assets will be wiped out.
"But Axie Infinity isn't like that at all," says Jon Knight enthused.
Using blockchain technology, the ownership of all game assets is truly owned by players, and the game development team has no right to issue new game assets such as Axie. All new virtual pets on the market are bred by players using their own Axie. They are all sold by the players themselves in the trading market. Players will win SLP tokens through battles, and SLP and AXS tokens are necessary to breed new Axies.
"Non-franchise game player participants really create activity in the market, earn money away, and naturally generate a more viable small economy. This is the most fundamental change brought about by the Play to Earn model. "
As for the soaring prices of AXS and SLP tokens, Joy Knight believes that it is due to the influx of a large number of new players, which has brought huge demand for AXS and SLP. However, the root cause is that "the team is very I have long encountered the limitations of the Ethereum main chain and developed the Ronin side chain.”
Gas fees have always plagued all chain games. Once upon a time, chain game players could only wait until DeFi players had no mines to mine and gas fees returned to normal levels before they could "afford" their favorite chain games. Axie Infinity has also been tormented.
"When I was the most exaggerated on the Ethereum chain before, I might have to pay more than 20 dollars in gas fees to put it on the shelf, and it would cost dozens of dollars to take it off the shelf if the price was not well listed, and it would cost dozens of dollars to buy a pet. The cost is so high that the basic reproduction has stagnated.” The problem of gas fees also plagued the knight, this problem is fatal for games whose audience is many ordinary players.
The Ronin chain that Axie Infinity has been quietly developing has been launched at a critical moment. Although there are still some minor problems, it has solved the serious problem of gas fees. The gas rate of the chain has always been 0, and the experience is excellent." Joan Knight believes that the decision to migrate the Ronin chain has a decisive impact on the explosive growth at this stage.
Solving the problem of Gas fees, another reason that prevents newcomers from experiencing the game is that players must buy three Axies before they can join the game and start Play to Earn. Recently, the average transaction price of Axie has risen to about 0.34ETH, which means that if you want to gather a team to join the game, you need about 1ETH of "startup capital", which will discourage many users.
At this time, the birth of game guilds such as Yield Guild Games and Mao DAO helped new players solve this problem. These game guilds will provide Axie for new players free of charge. Players can immediately join the "gold-making" team. Players only need to complete the required game time and gold-making conditions to earn income. The obtained SLP tokens are distributed to the game guilds in proportion In the end, all the rest are owned by the players, which greatly reduces the barriers to entry for newcomers, and provides a perfect solution for those players who are interested in Axie Infinity but worried about risks.
The addition of a large number of new players will cause game guilds to buy and multiply Axie in large quantities, which will not only push up the price of Axie NFT, but also the price of SLP and AXS tokens, which represent higher profits, while guilds such as YGG Some more formal Axie battles have been held, and there are live broadcasts and commentaries on Twicth, which will also attract more new players, forming a positive cycle.
In addition to these game guilds, many members of the Axie Infinity community will also spontaneously organize activities to promote this game. Jiong Knight himself is also preparing to hold a domestic Axie Infinity community championship. He is willing to make such a contribution because he and many players "It's the real game that earns money from game management activities. Both capital and motivation are sufficient, and they are willing to continue to invest." At present, the community of Axie Infinity is becoming more and more dynamic, with more and more tournaments, live broadcasts, etc. Community activities, there are more and more bloggers and Up masters creating game teaching articles and videos in China, which also proves that this game is developing healthily.
For now, just play when the game is not too laggy.
Axie Infinity also exposed a serious problem in its explosive growth.
Axie Infinity's game servers don't seem to be ready to handle so many players, and as the number of gamers grows rapidly, the problem of game downtime appears more and more frequently. Jiong Knight used to be able to play games for a while after returning home from work every day to relax, but now he can't help himself: "Now, let's play when the game is not too laggy."
Players are also very helpless. Many people in the community have questioned the project side who has made so much money but is unwilling to upgrade the server. However, as a "weather-beaten" veteran player, Jiong Knight is very open. He thinks the team It may be ready for user growth, but I didn't expect the user growth to be so large, and Jiong Knight is very optimistic: "I think the problem caused by a good game and many people playing it must be better than a bad game that no one plays. It’s easy to solve the problem, so it’s better to give the team some more time.”
And in the community, he is still playing the leading role of the old players. When doubts emerge in endlessly, he will stand up to appease everyone's emotions, and advise everyone to read the tutorial to learn more when they can't play the game. He is no different from those Bitcoin Holders, and he firmly believes in the projects he has studied in depth and is extremely optimistic about.
In the entire chain game industry, Axie Infinity has stepped out of the independent market. When many chain games and Play to Earn games are uninterested, Axie Infinity is still driving fast on the road. And rather than causing a sensation in the circle, the knight wants to see Axie Infinity out of the circle:
"When it can have a huge impact and change on traditional game companies, game models and ideas, it can make the past game giants lie down and make money, and force them to think more for users. It was a real success.”
