Axie Infinity Is It Still Worth to Play in 2023?
Axie Infinity just got some new updates, like the runes and charms, which are the desperately needed $SLP sinks. But with so many changes Is It Worth to Play in 2022?
First, we have to look at a few facts.
$SLP, $AXS, $RON, Land NFTs and Axie NFTs ALL lost most of its value!
Axie's player base also took a huge hit where it dropped from almost 3M players to 700k monthly active players.
But now we finally have Runes and Charms, which are NFTs, which are going to be crafted by burning $SLP and Moon Shards.
To begin with, this $SLP sink mechanism won't be as efficient next season, because people are going to get back a portion of the $SLP they've used and these NFTs won't be usable next season.
It's definitely a good addition to Axie Infinity's economy, but In my opinion, not enough. We'll need more than that and it will take a long time for Axie to get up on its feet.
Just think about how many people have been accumulating $SLP over the last year where there was 4 times more $SLP being minted than burned in some months...
Get into Axie or keep playing it only if you truly enjoy it, otherwise, it's not worth it.
Cheers...! 🐐
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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