Axie Infinity is a game that has been designed to be sustainable, but it’s not quite clear how. The game is built on the Ethereum blockchain and uses its own cryptocurrency (AXI) as the in-game currency.
Axie Infinity is a new game that has been released on the Google Play Store. It’s a mix between Pokemon and Tamagotchi, but it seems to have some flaws in its sustainability.
While the NFT game Axie Infinity has lately gained in popularity, players and prospective investors have begun to consider their exit options. After all, cashing out and leaving are all part of the investing strategy. However, you must first grasp the platform’s stability in order to create an effective and realistic exit strategy. As a result, the issue that emerges is: Is Axie Infinity viable? Today, we’ll take a quick look at Axie Infinity’s long-term viability.
The long-term viability of Axie Infinity is dependent on a number of variables. The player base is the most essential element in an NFT game. The value of the game’s NFT axies, as well as the crypto currencies SLP and AXS, will decrease if there are no players – owners of Axies who value SLP and AXS for breeding reasons.
Axie Infinity became popular because to the attraction of the play-to-earn concept. As a result, the game has seen an inflow of new players in recent weeks. The influx of new players drives up the price of SLP and AXS; demand for freshly born Axies is strong, and breeders are struggling to keep up. When the growth of new players slows down, the pricing will return to normal. Prices of SLP and AXS will fall as demand for new Axies declines. While this is going on, players are still earning SLP and AXS for their efforts in the Arena.
But, if the prices of SLP and AXS continue to decrease, what would motivate people to keep playing the game?
The Secret of Axie Infinity’s Longevity
It’s no secret that the attraction of earning money while playing a simple game draws many gamers to Axie Infinity. As a result, it’s natural that if the costs of SLP and AXS decrease as new player growth slows, many people would lose interest. In this scenario, Sky Mavis must offer Axie Infinity gamers a reason to stick around — a cause to keep playing despite the poor payouts.
Sky Mavis’ goal in this respect is to enhance Axie Infinity’s gameplay experience. According to their recent patch notes, they intend to add additional entertaining elements to the game in the future. Sky Mavis’ ability to make Axie Infinity entertaining will determine the game’s long-term viability. Axie Infinity’s lifespan is on on how eager people are to continue playing the game, with or without monetary reward, much as most gamers play games for pleasure rather than profit. The inherent value of just playing Axie Infinity will ensure the game’s long-term viability, as will its cryptocurrencies.
Axie Infinity’s extremely competitive esports environment will guarantee that powerful Axies will always be in demand, in addition to the game’s enjoyment aspect. Whether or whether new players join the game, the esports scene will guarantee that SLP and AXS will always be in demand. As a result, Axie Infinity’s long-term viability will be assured as long as competitive players are always trying to breed newer, better Axies.
Read Sky Mavis’ white paper on Axie Infinity’s sustainability for more information.
Axie Infinity is a game created by the company, Kabam. The game was released on April 20th, 2017 and has been receiving mixed reviews. There are many questions about how to earn money in the game. Reference: how do you earn money in axie infinity.
Frequently Asked Questions
Is AXIE Infinity sustainable?
Yes, AXIE Infinity is sustainable.
How many AXIE Infinity players are there?
There are currently over 100,000 players in the game.
Why SLP is going down?
SLP is going down because it has been discontinued by Sony.
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