Axie infinity reddit serial#

Hence, players are mostly taking tokens out of the system, instead of the other way round. Both tokens are only useful for breeding Axies and nothing else.

In Axie Infinity, the more you play, the more you earn $SLP and $AXS (potentially). On the contrary, Axie Infinity has seen a reducing number of players due to diminishing ROI caused by poor tokenomics. This will bring more players into The Sandbox’s ecosystem. In the future, The Sandbox is likely to release more Alpha/Beta seasons to the public. In fact, there are over 2 million registered users in Alpha Season 2 alone. This is mainly because the platform opened up its Alpha Season 2 to the public. The Sandbox is experiencing a growing player base. Who will win? Can The Sandbox really overtake Axie Infinity in popularity? Comparing both, it seems that Sandbox will overtake Axie Infinity’s popularity soon. Interestingly, both the $SAND and $AXS market cap are quite similar to each other right now ($3.9 billion). On the flip side though, Sandbox had a successful Alpha Season 2 with several huge partnerships in the pipeline. To begin with, Axie Infinity has gone through a slew of negative events this year. Other industry figures who have expressed interest in the concept of play to earn games include Take-Two head Strauss Zelnick, EA CEO Andrew Wilson, and Square Enix CEO Yosuke Matsuda, whose comments on blockchain games sparked controversy when he predicted that gamers would move away from what he called 'play to have fun.If you have been in Web 3 for some time, The Sandbox and Axie Infinity should be no strangers to you. The game also has a minimum buy-in of around $300, a high barrier to entry for many players, with lower-level players often earning well below minimum wage. The most popular title in the category at the moment is Axie Infinity, a Pokemon-like game where the titular Axies can be bought and sold for RONIN cryptocurrency.Īxie's in-game economy is already running into issues according to a Business Insider report, which claims that player returns from the game are slowly diminishing over time due to players cashing out earnings instead of investing them back into the game. Play to earn games generally use crypto tokens instead of a regular in-game currency, meaning that players can theoretically exchange their in-game earnings for real-world currency. 'In five years, you will actually value your time properly, and instead of being harvested for advertisements, or being fleeced for dollars to buy stupid hammers you don't actually own, you will be playing some on-chain equivalent game that will be just as fun, but you'll actually earn value and you will be the harvester.' '90% of people will not play a game unless they are being properly valued for that time,' Ohanian claimed in the podcast.

Axie infinity reddit serial#

The serial entrepreneur, who has now turned his attention mainly to blockchain and crypto-related projects, is optimistic about the promise of play to earn, predicting that it will dominate the gaming world in just a few short years.Īs reported by Business Insider, Ohanian discussed the potential uses of blockchain tech in gaming on a recent episode of the Where It Happens podcast. Reddit co-founder Alexis Ohanian is the latest industry figure to express excitement about the concept of play to earn games.