Re:Crypto’s hottest game is facing an economic maelstrom
by PragmaticPulp on Friday November 26, 2021 @02:31PM
(#29353252)
> To write off this activity as a scam or criminal seems to be missing a bigger picture that we don't quite understand yet.
The linked article is literally about the meltdown of the game's unsustainable economy, so maybe the critics understood it better than you're suggesting.
The entire Axie Infinity economic model only worked with an ever-increasing number of new players entering the economy. As player growth slows, the model breaks down.
This is why people are comparing it to an MLM or other scheme that only works as long as you continue to find more and more people to pull into the system.
The money must come from somewhere. If old players are cashing out money put in by new players, the game is up as soon as the supply of new players dries up.
The linked article is literally about the meltdown of the game's unsustainable economy, so maybe the critics understood it better than you're suggesting.
The entire Axie Infinity economic model only worked with an ever-increasing number of new players entering the economy. As player growth slows, the model breaks down.
This is why people are comparing it to an MLM or other scheme that only works as long as you continue to find more and more people to pull into the system.
The money must come from somewhere. If old players are cashing out money put in by new players, the game is up as soon as the supply of new players dries up.