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Axie Infinity: A Game or a Way Out of Poverty?

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  • laseritlaserit Member LegendaryPosts: 7,591
    It's only a way out of poverty because of the exchange rate. There was a video posted here that broke it down and said that in most cases playing for the guaranteed earn of SLP would be less than minimum wage in western countries. 

    So it's all relative. 

    It's also important to note that axie has recently had an active player decline of something like 20 or 30%. It's not a great game. Has way too high of a cost of entry for most people, and if you aren't familiar with blockchain, it's really difficult to get started.

    You do make money from it.  Guaranteed.  Just the amount you make may not be worth the time you spend making it over other jobs. 

    Many players in the Philippines start on scholarships,  where they play accounts of other players,  and only earn a cut of what the total profit is.  Eventually they earn enough to get their own account,  but for those who hand out the scholarships, it's about as lucrative as its going to get. 
    What is all this generating? Your basically taking the wealth from other sectors and throwing it into a hole.

    Or are all these people going to be making a lot of money from nothing and are going to support our great car companies etc etc.

     If printing money is that easy, I mean come on now.
    Rungar

    "Be water my friend" - Bruce Lee

  • bcbullybcbully Member EpicPosts: 11,838
    edited December 2021
    It's only a way out of poverty because of the exchange rate. There was a video posted here that broke it down and said that in most cases playing for the guaranteed earn of SLP would be less than minimum wage in western countries. 

    So it's all relative. 

    It's also important to note that axie has recently had an active player decline of something like 20 or 30%. It's not a great game. Has way too high of a cost of entry for most people, and if you aren't familiar with blockchain, it's really difficult to get started.

    You do make money from it.  Guaranteed.  Just the amount you make may not be worth the time you spend making it over other jobs. 

    Many players in the Philippines start on scholarships,  where they play accounts of other players,  and only earn a cut of what the total profit is.  Eventually they earn enough to get their own account,  but for those who hand out the scholarships, it's about as lucrative as its going to get. 
    A guy who is part of The Red Village discord made a post the other day about a monsoon in south asia.  He's also an axie player who gives out scholorships. Some of the people who use his axies were affected by the monsoon. He returned 100% of his portion of the split in order to help them through.

    I didn't think much of it then, but now on the topic. I think it's pretty damn cool. No banks, no approval, just did what he could to help.


    Side note in 2022 DAOs are going to charity and donations as we know it. 
    maskedweasel
    "We see fundamentals and we ape in"
  • maskedweaselmaskedweasel Member LegendaryPosts: 12,180
    laserit said:
    It's only a way out of poverty because of the exchange rate. There was a video posted here that broke it down and said that in most cases playing for the guaranteed earn of SLP would be less than minimum wage in western countries. 

    So it's all relative. 

    It's also important to note that axie has recently had an active player decline of something like 20 or 30%. It's not a great game. Has way too high of a cost of entry for most people, and if you aren't familiar with blockchain, it's really difficult to get started.

    You do make money from it.  Guaranteed.  Just the amount you make may not be worth the time you spend making it over other jobs. 

    Many players in the Philippines start on scholarships,  where they play accounts of other players,  and only earn a cut of what the total profit is.  Eventually they earn enough to get their own account,  but for those who hand out the scholarships, it's about as lucrative as its going to get. 
    What is all this generating? Your basically taking the wealth from other sectors and throwing it into a hole.

    Or are all these people going to be making a lot of money from nothing and are going to support our great car companies etc etc.

     If printing money is that easy, I mean come on now.
    They generate tokens that are required to upgrade their axies. Inherently these tokens cost money to make... hundredths of a cent.  But other players need them and they can be sold.  You can't generate enough of them a day to breed every axie. So players buy them from other players.  Or investors buy them in hopes the token rises in value,  limiting the amount available at any given time in game. 

    It's not fabricating money from nothing,  it's a simple virtual commodity.  It's not magic or voodoo or a scam.  It makes total sense. 
    klash2def



  • laseritlaserit Member LegendaryPosts: 7,591
    laserit said:
    It's only a way out of poverty because of the exchange rate. There was a video posted here that broke it down and said that in most cases playing for the guaranteed earn of SLP would be less than minimum wage in western countries. 

    So it's all relative. 

    It's also important to note that axie has recently had an active player decline of something like 20 or 30%. It's not a great game. Has way too high of a cost of entry for most people, and if you aren't familiar with blockchain, it's really difficult to get started.

    You do make money from it.  Guaranteed.  Just the amount you make may not be worth the time you spend making it over other jobs. 

    Many players in the Philippines start on scholarships,  where they play accounts of other players,  and only earn a cut of what the total profit is.  Eventually they earn enough to get their own account,  but for those who hand out the scholarships, it's about as lucrative as its going to get. 
    What is all this generating? Your basically taking the wealth from other sectors and throwing it into a hole.

    Or are all these people going to be making a lot of money from nothing and are going to support our great car companies etc etc.

     If printing money is that easy, I mean come on now.
    They generate tokens that are required to upgrade their axies. Inherently these tokens cost money to make... hundredths of a cent.  But other players need them and they can be sold.  You can't generate enough of them a day to breed every axie. So players buy them from other players.  Or investors buy them in hopes the token rises in value,  limiting the amount available at any given time in game. 

    It's not fabricating money from nothing,  it's a simple virtual commodity.  It's not magic or voodoo or a scam.  It makes total sense. 
    "A game or a way out of poverty"

    Sounds like a lot more than earning a few nickels while being entertained.

    Sounds like pretty serious stuff.

    Imho

    "Be water my friend" - Bruce Lee

  • TheDalaiBombaTheDalaiBomba Member EpicPosts: 1,493
    laserit said:
    laserit said:
    It's only a way out of poverty because of the exchange rate. There was a video posted here that broke it down and said that in most cases playing for the guaranteed earn of SLP would be less than minimum wage in western countries. 

    So it's all relative. 

    It's also important to note that axie has recently had an active player decline of something like 20 or 30%. It's not a great game. Has way too high of a cost of entry for most people, and if you aren't familiar with blockchain, it's really difficult to get started.

    You do make money from it.  Guaranteed.  Just the amount you make may not be worth the time you spend making it over other jobs. 

    Many players in the Philippines start on scholarships,  where they play accounts of other players,  and only earn a cut of what the total profit is.  Eventually they earn enough to get their own account,  but for those who hand out the scholarships, it's about as lucrative as its going to get. 
    What is all this generating? Your basically taking the wealth from other sectors and throwing it into a hole.

    Or are all these people going to be making a lot of money from nothing and are going to support our great car companies etc etc.

     If printing money is that easy, I mean come on now.
    They generate tokens that are required to upgrade their axies. Inherently these tokens cost money to make... hundredths of a cent.  But other players need them and they can be sold.  You can't generate enough of them a day to breed every axie. So players buy them from other players.  Or investors buy them in hopes the token rises in value,  limiting the amount available at any given time in game. 

    It's not fabricating money from nothing,  it's a simple virtual commodity.  It's not magic or voodoo or a scam.  It makes total sense. 
    "A game or a way out of poverty"

    Sounds like a lot more than earning a few nickels while being entertained.

    Sounds like pretty serious stuff.

    Imho
    Which is why the sweatshop post was a poignant one- exploiting those in poverty to mass-play the game will likely be the most reliable way to make money in the vast majority of these P2E NFT games.
    laseritOldKingLogSlapshot1188eoloe
  • OldKingLogOldKingLog Member RarePosts: 567
    laserit said:
    laserit said:
    It's only a way out of poverty because of the exchange rate. There was a video posted here that broke it down and said that in most cases playing for the guaranteed earn of SLP would be less than minimum wage in western countries. 

    So it's all relative. 

    It's also important to note that axie has recently had an active player decline of something like 20 or 30%. It's not a great game. Has way too high of a cost of entry for most people, and if you aren't familiar with blockchain, it's really difficult to get started.

    You do make money from it.  Guaranteed.  Just the amount you make may not be worth the time you spend making it over other jobs. 

    Many players in the Philippines start on scholarships,  where they play accounts of other players,  and only earn a cut of what the total profit is.  Eventually they earn enough to get their own account,  but for those who hand out the scholarships, it's about as lucrative as its going to get. 
    What is all this generating? Your basically taking the wealth from other sectors and throwing it into a hole.

    Or are all these people going to be making a lot of money from nothing and are going to support our great car companies etc etc.

     If printing money is that easy, I mean come on now.
    They generate tokens that are required to upgrade their axies. Inherently these tokens cost money to make... hundredths of a cent.  But other players need them and they can be sold.  You can't generate enough of them a day to breed every axie. So players buy them from other players.  Or investors buy them in hopes the token rises in value,  limiting the amount available at any given time in game. 

    It's not fabricating money from nothing,  it's a simple virtual commodity.  It's not magic or voodoo or a scam.  It makes total sense. 
    "A game or a way out of poverty"

    Sounds like a lot more than earning a few nickels while being entertained.

    Sounds like pretty serious stuff.

    Imho
    Which is why the sweatshop post was a poignant one- exploiting those in poverty to mass-play the game will likely be the most reliable way to make money in the vast majority of these P2E NFT games.

    Ah once again more deceptive MLM bullshit. "Oooh our little P2E game is lifting people out of poverty! What glorious benefactors we are!" .... Yeaaaah. If you can afford to buy into and manipulate the crypto market, you are not impoverished. This whole "industry" is nothing more than a giant chain letter where you get ten people to send you a dollar, they do like wise, ad nauseam. Its based on nothing of tangible value. They reel in the little fish and get them to spend their very real currency in exchange for fairy dust. The sharks at the top get a very real very tangible profit in a secured currency, and the little fish just get eaten.

    But hey BC keep spouting whatever nonsense you need to to reel those little fish in, as sadly there is no shortage of desperate, or foolish people who still believe there is such a thing as free money. Centuries of con men, confidence tricksters, and bunko artists prove that.

    This whole blockchain bandwagoning push and the deceptive bullshit they use to justify it, makes me wonder how long it will be before we see a true to life Squid Game.






    eoloemaskedweaselKidRisk[Deleted User]
  • maskedweaselmaskedweasel Member LegendaryPosts: 12,180
    laserit said:
    laserit said:
    It's only a way out of poverty because of the exchange rate. There was a video posted here that broke it down and said that in most cases playing for the guaranteed earn of SLP would be less than minimum wage in western countries. 

    So it's all relative. 

    It's also important to note that axie has recently had an active player decline of something like 20 or 30%. It's not a great game. Has way too high of a cost of entry for most people, and if you aren't familiar with blockchain, it's really difficult to get started.

    You do make money from it.  Guaranteed.  Just the amount you make may not be worth the time you spend making it over other jobs. 

    Many players in the Philippines start on scholarships,  where they play accounts of other players,  and only earn a cut of what the total profit is.  Eventually they earn enough to get their own account,  but for those who hand out the scholarships, it's about as lucrative as its going to get. 
    What is all this generating? Your basically taking the wealth from other sectors and throwing it into a hole.

    Or are all these people going to be making a lot of money from nothing and are going to support our great car companies etc etc.

     If printing money is that easy, I mean come on now.
    They generate tokens that are required to upgrade their axies. Inherently these tokens cost money to make... hundredths of a cent.  But other players need them and they can be sold.  You can't generate enough of them a day to breed every axie. So players buy them from other players.  Or investors buy them in hopes the token rises in value,  limiting the amount available at any given time in game. 

    It's not fabricating money from nothing,  it's a simple virtual commodity.  It's not magic or voodoo or a scam.  It makes total sense. 
    "A game or a way out of poverty"

    Sounds like a lot more than earning a few nickels while being entertained.

    Sounds like pretty serious stuff.

    Imho
    Which is why the sweatshop post was a poignant one- exploiting those in poverty to mass-play the game will likely be the most reliable way to make money in the vast majority of these P2E NFT games.
    Sort of. Like I said before, it's all relative. In your sweatshop analogy this wouldn't be much different than any company exploiting low cost workers. But the main difference here is. Scholarships are usually temporary arrangements. There is rarely an open ended scholarship, so it's usually used to on-board an axie player who eventually owns their own account. 

    It also doesn't necessarily make sense that players who are in poverty remain in poverty when some of these games generally do pay out a predefined amount (however volatile) on a daily basis. 

    But in the same way people from Mexico came to the US and worked for less than minimum wage to send money back to Mexico, it's relative. Making 400 to 800 a month playing axie in the US might seem like a waste (or maybe a hobby. Like a game is supposed to be) in the Philippines, yeah thats a way out of poverty.

    Might as well get it while the gettings good. More than likely they'll just move on to other games as they become more popular.

    Can desperate workers be exploited? In every facet of every job market, sure. Whether that is going on as the majority of these instances or not, we can't really say, but if you're working for a few USD a day, I'm sure axie is much more preferred over stitching together nikes.



  • laseritlaserit Member LegendaryPosts: 7,591
    Printing money from nothing = losing all your personal freedoms



    That is the end game imho
    RungareoloeTuor7

    "Be water my friend" - Bruce Lee

  • bcbullybcbully Member EpicPosts: 11,838
    edited December 2021
    laserit said:
    laserit said:
    It's only a way out of poverty because of the exchange rate. There was a video posted here that broke it down and said that in most cases playing for the guaranteed earn of SLP would be less than minimum wage in western countries. 

    So it's all relative. 

    It's also important to note that axie has recently had an active player decline of something like 20 or 30%. It's not a great game. Has way too high of a cost of entry for most people, and if you aren't familiar with blockchain, it's really difficult to get started.

    You do make money from it.  Guaranteed.  Just the amount you make may not be worth the time you spend making it over other jobs. 

    Many players in the Philippines start on scholarships,  where they play accounts of other players,  and only earn a cut of what the total profit is.  Eventually they earn enough to get their own account,  but for those who hand out the scholarships, it's about as lucrative as its going to get. 
    What is all this generating? Your basically taking the wealth from other sectors and throwing it into a hole.

    Or are all these people going to be making a lot of money from nothing and are going to support our great car companies etc etc.

     If printing money is that easy, I mean come on now.
    They generate tokens that are required to upgrade their axies. Inherently these tokens cost money to make... hundredths of a cent.  But other players need them and they can be sold.  You can't generate enough of them a day to breed every axie. So players buy them from other players.  Or investors buy them in hopes the token rises in value,  limiting the amount available at any given time in game. 

    It's not fabricating money from nothing,  it's a simple virtual commodity.  It's not magic or voodoo or a scam.  It makes total sense. 
    "A game or a way out of poverty"

    Sounds like a lot more than earning a few nickels while being entertained.

    Sounds like pretty serious stuff.

    Imho
    Which is why the sweatshop post was a poignant one- exploiting those in poverty to mass-play the game will likely be the most reliable way to make money in the vast majority of these P2E NFT games.

    Ah once again more deceptive MLM bullshit. "Oooh our little P2E game is lifting people out of poverty! What glorious benefactors we are!" .... Yeaaaah. If you can afford to buy into and manipulate the crypto market, you are not impoverished. This whole "industry" is nothing more than a giant chain letter where you get ten people to send you a dollar, they do like wise, ad nauseam. Its based on nothing of tangible value. They reel in the little fish and get them to spend their very real currency in exchange for fairy dust. The sharks at the top get a very real very tangible profit in a secured currency, and the little fish just get eaten.

    But hey BC keep spouting whatever nonsense you need to to reel those little fish in, as sadly there is no shortage of desperate, or foolish people who still believe there is such a thing as free money. Centuries of con men, confidence tricksters, and bunko artists prove that.

    This whole blockchain bandwagoning push and the deceptive bullshit they use to justify it, makes me wonder how long it will be before we see a true to life Squid Game.






    Whales

    I wanted to help you communicate your theory.
    OldKingLogLinif
    "We see fundamentals and we ape in"
  • maskedweaselmaskedweasel Member LegendaryPosts: 12,180
    laserit said:
    Printing money from nothing = losing all your personal freedoms



    That is the end game imho
    I honestly don't understand how this has anything to do with blockchain gaming. 
    bcbully



  • RungarRungar Member RarePosts: 1,132
    bc gets paid to post this shit from the community center. Cant remember offhand but its something like $.75 per new post and $.17 per reply. 

    hes just another low end conman pushing a shitty product.

    we can literally put him out of business by not replying to his endless posts on this shitty topic. 

    im getting back to the games. Im not having anything more to do with this. 
    maskedweaselWalkinGlenn
    .05 of a second to midnight
  • TalmienTalmien Member UncommonPosts: 189
    It looks like they've got a leak in their ship.

    They need to keep attracting new players to keep the value of Axie Infinity up. Otherwise they'll keep giving out Axie to their current players, and with more and more entering circulation, the prices will keep dropping. As can be seen over the past month already.

    Bitcoin has fallen 16% over the past month, but Axie Infinity dropped 32%

    It makes sense why they would put out this PR video to try to get more investment. 

    But eventually, like all games, new players will stop coming on board, and then it will lose value and need to close up shop.

    If I were these young guys, I wouldn't waste my time on trying to make a living with P2E. Because these $300 - $400 payouts won't last long. Better to focus on their studies, spend that time attached to the internet to learn something more useful, like how to start your own pyramid scheme. 
  • bcbullybcbully Member EpicPosts: 11,838
    edited December 2021
    Talmien said:
    It looks like they've got a leak in their ship.

    They need to keep attracting new players to keep the value of Axie Infinity up. Otherwise they'll keep giving out Axie to their current players, and with more and more entering circulation, the prices will keep dropping. As can be seen over the past month already.

    Bitcoin has fallen 16% over the past month, but Axie Infinity dropped 32%

    It makes sense why they would put out this PR video to try to get more investment. 

    But eventually, like all games, new players will stop coming on board, and then it will lose value and need to close up shop.

    If I were these young guys, I wouldn't waste my time on trying to make a living with P2E. Because these $300 - $400 payouts won't last long. Better to focus on their studies, spend that time attached to the internet to learn something more useful, like how to start your own pyramid scheme. 
    The vid and article is from May, and not made by Sky Mavis.

    You are 100% right about the inflation of Axies. This doesn't change the way players earn though, and it is actually good for the game. The same thing has happened with Zed Run, which is healthier than ever. The barrier for entry has been lowered.

    Yeah with more better looking p2e games coming on the market Axie like any other game will need to adjust.

    edit - just checked Zed $37 now gets you in the game.
    "We see fundamentals and we ape in"
  • OldKingLogOldKingLog Member RarePosts: 567
    bcbully said:
    laserit said:
    laserit said:
    It's only a way out of poverty because of the exchange rate. There was a video posted here that broke it down and said that in most cases playing for the guaranteed earn of SLP would be less than minimum wage in western countries. 

    So it's all relative. 

    It's also important to note that axie has recently had an active player decline of something like 20 or 30%. It's not a great game. Has way too high of a cost of entry for most people, and if you aren't familiar with blockchain, it's really difficult to get started.

    You do make money from it.  Guaranteed.  Just the amount you make may not be worth the time you spend making it over other jobs. 

    Many players in the Philippines start on scholarships,  where they play accounts of other players,  and only earn a cut of what the total profit is.  Eventually they earn enough to get their own account,  but for those who hand out the scholarships, it's about as lucrative as its going to get. 
    What is all this generating? Your basically taking the wealth from other sectors and throwing it into a hole.

    Or are all these people going to be making a lot of money from nothing and are going to support our great car companies etc etc.

     If printing money is that easy, I mean come on now.
    They generate tokens that are required to upgrade their axies. Inherently these tokens cost money to make... hundredths of a cent.  But other players need them and they can be sold.  You can't generate enough of them a day to breed every axie. So players buy them from other players.  Or investors buy them in hopes the token rises in value,  limiting the amount available at any given time in game. 

    It's not fabricating money from nothing,  it's a simple virtual commodity.  It's not magic or voodoo or a scam.  It makes total sense. 
    "A game or a way out of poverty"

    Sounds like a lot more than earning a few nickels while being entertained.

    Sounds like pretty serious stuff.

    Imho
    Which is why the sweatshop post was a poignant one- exploiting those in poverty to mass-play the game will likely be the most reliable way to make money in the vast majority of these P2E NFT games.

    Ah once again more deceptive MLM bullshit. "Oooh our little P2E game is lifting people out of poverty! What glorious benefactors we are!" .... Yeaaaah. If you can afford to buy into and manipulate the crypto market, you are not impoverished. This whole "industry" is nothing more than a giant chain letter where you get ten people to send you a dollar, they do like wise, ad nauseam. Its based on nothing of tangible value. They reel in the little fish and get them to spend their very real currency in exchange for fairy dust. The sharks at the top get a very real very tangible profit in a secured currency, and the little fish just get eaten.

    But hey BC keep spouting whatever nonsense you need to to reel those little fish in, as sadly there is no shortage of desperate, or foolish people who still believe there is such a thing as free money. Centuries of con men, confidence tricksters, and bunko artists prove that.

    This whole blockchain bandwagoning push and the deceptive bullshit they use to justify it, makes me wonder how long it will be before we see a true to life Squid Game.






    Whales

    I wanted to help you communicate your theory.

    I don't agree. I've always seen whales as people who already have money and use it to buy their way around barriers that poorer gamers have to slog through. More the people that would fund and grow the games and networks (various coinbases, Web3, etc) surrounding P2E and blockchain, rather than directly playing the market themselves.

    The past few years I've seen the rise of the "dude bro" crypto shills, or the "To the moon!" rogue traders. These guys don't tend to be wealthy, they are just trying to manipulate others into "sharing" the investment experience with them, which really means letting the sucker walk point and skimming off of his financing, without risking any real money of their own. That way they can get rich off someone else's hard work/misfortune. Much like the crooked carnival barkers of old, the quasi-religious cultists of the 70s and 80s, or the condo sellers/time share merchants of the 80s and 90s. ... And maybe Chris Roberts?

    Now of course that doesn't mean some whales can't also be sharks, I just feel that they have already made their fortunes so would be better off not sharing investment opportunities with rookies as the returns would be peanuts to them, so wouldn't bother.

    Whatever, just my outlook, we can agree to disagree if that's your wish.
  • TheocritusTheocritus Member LegendaryPosts: 9,754
    I wish I was in my teens now....Every single one of them is guaranteed millions of dollars because of crypto, NFTs and whatever else they may create along the way......All they have to do is sign up for these games and the money just starts rolling in.......
    klash2def
  • bcbullybcbully Member EpicPosts: 11,838
    edited December 2021
    bcbully said:
    laserit said:
    laserit said:
    It's only a way out of poverty because of the exchange rate. There was a video posted here that broke it down and said that in most cases playing for the guaranteed earn of SLP would be less than minimum wage in western countries. 

    So it's all relative. 

    It's also important to note that axie has recently had an active player decline of something like 20 or 30%. It's not a great game. Has way too high of a cost of entry for most people, and if you aren't familiar with blockchain, it's really difficult to get started.

    You do make money from it.  Guaranteed.  Just the amount you make may not be worth the time you spend making it over other jobs. 

    Many players in the Philippines start on scholarships,  where they play accounts of other players,  and only earn a cut of what the total profit is.  Eventually they earn enough to get their own account,  but for those who hand out the scholarships, it's about as lucrative as its going to get. 
    What is all this generating? Your basically taking the wealth from other sectors and throwing it into a hole.

    Or are all these people going to be making a lot of money from nothing and are going to support our great car companies etc etc.

     If printing money is that easy, I mean come on now.
    They generate tokens that are required to upgrade their axies. Inherently these tokens cost money to make... hundredths of a cent.  But other players need them and they can be sold.  You can't generate enough of them a day to breed every axie. So players buy them from other players.  Or investors buy them in hopes the token rises in value,  limiting the amount available at any given time in game. 

    It's not fabricating money from nothing,  it's a simple virtual commodity.  It's not magic or voodoo or a scam.  It makes total sense. 
    "A game or a way out of poverty"

    Sounds like a lot more than earning a few nickels while being entertained.

    Sounds like pretty serious stuff.

    Imho
    Which is why the sweatshop post was a poignant one- exploiting those in poverty to mass-play the game will likely be the most reliable way to make money in the vast majority of these P2E NFT games.

    Ah once again more deceptive MLM bullshit. "Oooh our little P2E game is lifting people out of poverty! What glorious benefactors we are!" .... Yeaaaah. If you can afford to buy into and manipulate the crypto market, you are not impoverished. This whole "industry" is nothing more than a giant chain letter where you get ten people to send you a dollar, they do like wise, ad nauseam. Its based on nothing of tangible value. They reel in the little fish and get them to spend their very real currency in exchange for fairy dust. The sharks at the top get a very real very tangible profit in a secured currency, and the little fish just get eaten.

    But hey BC keep spouting whatever nonsense you need to to reel those little fish in, as sadly there is no shortage of desperate, or foolish people who still believe there is such a thing as free money. Centuries of con men, confidence tricksters, and bunko artists prove that.

    This whole blockchain bandwagoning push and the deceptive bullshit they use to justify it, makes me wonder how long it will be before we see a true to life Squid Game.






    Whales

    I wanted to help you communicate your theory.

    I don't agree. I've always seen whales as people who already have money and use it to buy their way around barriers that poorer gamers have to slog through. More the people that would fund and grow the games and networks (various coinbases, Web3, etc) surrounding P2E and blockchain, rather than directly playing the market themselves.

    The past few years I've seen the rise of the "dude bro" crypto shills, or the "To the moon!" rogue traders. These guys don't tend to be wealthy, they are just trying to manipulate others into "sharing" the investment experience with them, which really means letting the sucker walk point and skimming off of his financing, without risking any real money of their own. That way they can get rich off someone else's hard work/misfortune. Much like the crooked carnival barkers of old, the quasi-religious cultists of the 70s and 80s, or the condo sellers/time share merchants of the 80s and 90s. ... And maybe Chris Roberts?

    Now of course that doesn't mean some whales can't also be sharks, I just feel that they have already made their fortunes so would be better off not sharing investment opportunities with rookies as the returns would be peanuts to them, so wouldn't bother.

    Whatever, just my outlook, we can agree to disagree if that's your wish.

    "Letting them walk sucker point and skimming their finances without risk."

    1. What does walking sucker point mean?
    2. How does this allow someone (the rogue trader) to skim financing without risk of losing money. 

    This is the crux of the argument for your post here. Man it's ok if there is something you don't understand. Like was said earlier just ask. Saying things that honestly seem to be randomly strung together doesn't help further the conversation.

    "We see fundamentals and we ape in"
  • laseritlaserit Member LegendaryPosts: 7,591
    edited December 2021
    laserit said:
    Printing money from nothing = losing all your personal freedoms



    That is the end game imho
    I honestly don't understand how this has anything to do with blockchain gaming. 
    If the title is anything but click bait it has everything to do with blockchain, NFT, and Crypto gaming.

     Imho 
    Iselin

    "Be water my friend" - Bruce Lee

  • bcbullybcbully Member EpicPosts: 11,838
    Arterius said:
    bcbully said:
    olepi said:
    Interesting article, thanks for the link. Although it claimed people were buying cars, funding their college education, etc, there wasn't an actual example of an actual player making any actual money.

    I was hoping to see something like "Jack, an actual player, made X $  after playing for only Y hours."

    There's also no description of what the game is, except for vague references to "winning teams" and "powerful" axies.

    Do we have any examples of real players who made money, how much money they made, and how long it took?

    For example, in blackjack, we could say that "Jack put up $10, and through a lucky draw, won $15 in 2 minutes."

    Great questions. Personally I know 3-4 people who play and earn. The last one I spoke to about 3 months ago was making about 1300 a month. Earlier in the year another guy was making over 3000 per month.

    At the highest rank you earn 18 SLP per win, lowest rank 9 per win. $SLP is .027 USD at this time. I believe each match is 1-2 minutes. 

    Here is an interview with a player - 
    https://axieinfinity.medium.com/player-spotlight-exhuman-1478b3572577


    How do you know if they were being honest or not? Not just trying to get you in on the scheme. Now you have said you have made money and that's fine but that is not going to be everyone's experience. In fact for someone to win I would wager a lot more have lose or these companies would lose a lot of money.

    It's good to be catious. There are a lot of "schemes" just like we've seen the past 10 years where games promise the world and deliver nothing.

    In this case Axie is a proven game that has been released for years. All numbers can be varified on chain including rewards. For example the Ronin Bridge, Axies blockchain bridge holds 6 billion. This can not be faked. Also Axie players do not lose money when they lose a match.

    image

    Plus a company is always going to try to make there product look good so that link is worthless. Its like when Pantheon interviews a backer every month. Of course they are going to choose someone who is positive on the game or has had a positive experience over me.

    I agree take every company made release with a grain of salt. There's a lot 3rd party information out there also which helps in your own research.

    Edit: The thing is I honestly hope all this works out for you but I don't think it will. As someone who comes this site I am sure you have played and still play your fair share of games. The one thing we have seen time and time again is how freaking manipulative and exploitive these companies are as well as greedy. This isn't going to end well for you in the long term. These companies do no have either of our interests at heart and they sure as shit don't want to pay us. So when this goes mainstream your going to have to work and work hard to make a dime.

    I don't play any games right now have played my fair share though feel free to check my post history and discussions. 

    I know exactly where I'm at and what I'm doing. Thanks for your concern, and support. Niether is need though. I've done my reseach, and I am comfortable in my position. 

    One thing I want to ask you though. Why do you continue to support these same compaines you feel are out to get you? I sure as hell don't.
    "We see fundamentals and we ape in"
  • bcbullybcbully Member EpicPosts: 11,838
    edited December 2021
    Arterius said:
    bcbully said:
    Arterius said:
    bcbully said:
    olepi said:
    Interesting article, thanks for the link. Although it claimed people were buying cars, funding their college education, etc, there wasn't an actual example of an actual player making any actual money.

    I was hoping to see something like "Jack, an actual player, made X $  after playing for only Y hours."

    There's also no description of what the game is, except for vague references to "winning teams" and "powerful" axies.

    Do we have any examples of real players who made money, how much money they made, and how long it took?

    For example, in blackjack, we could say that "Jack put up $10, and through a lucky draw, won $15 in 2 minutes."

    Great questions. Personally I know 3-4 people who play and earn. The last one I spoke to about 3 months ago was making about 1300 a month. Earlier in the year another guy was making over 3000 per month.

    At the highest rank you earn 18 SLP per win, lowest rank 9 per win. $SLP is .027 USD at this time. I believe each match is 1-2 minutes. 

    Here is an interview with a player - 
    https://axieinfinity.medium.com/player-spotlight-exhuman-1478b3572577


    How do you know if they were being honest or not? Not just trying to get you in on the scheme. Now you have said you have made money and that's fine but that is not going to be everyone's experience. In fact for someone to win I would wager a lot more have lose or these companies would lose a lot of money.

    It's good to be catious. There are a lot of "schemes" just like we've seen the past 10 years where games promise the world and deliver nothing.

    In this case Axie is a proven game that has been released for years. All numbers can be varified on chain including rewards. For example the Ronin Bridge, Axies blockchain bridge holds 6 billion. This can not be faked. Also Axie players do not lose money when they lose a match.

    image

    Plus a company is always going to try to make there product look good so that link is worthless. Its like when Pantheon interviews a backer every month. Of course they are going to choose someone who is positive on the game or has had a positive experience over me.

    I agree take every company made release with a grain of salt. There's a lot 3rd party information out there also which helps in your own research.

    Edit: The thing is I honestly hope all this works out for you but I don't think it will. As someone who comes this site I am sure you have played and still play your fair share of games. The one thing we have seen time and time again is how freaking manipulative and exploitive these companies are as well as greedy. This isn't going to end well for you in the long term. These companies do no have either of our interests at heart and they sure as shit don't want to pay us. So when this goes mainstream your going to have to work and work hard to make a dime.

    I don't play any games right now have played my fair share though feel free to check my post history and discussions. 

    I know exactly where I'm at and what I'm doing. Thanks for your concern, and support. Niether is need though. I've done my reseach, and I am comfortable in my position. 

    One thing I want to ask you though. Why do you continue to support these same compaines you feel are out to get you? I sure as hell don't.
    I support companies but not specific games like Fifa for instance. If I didn't I would never have anything to play. The way I look at it as well is that a company does make a mandate and hands that to team (most of the time). I chose to support the devs who poured thousands of hours into make a video game I am interested in and dealt with a lot of dirty practices to do it.

    I take this on a game to game basis though and what the game is selling or doing. In the future I will not support any games with Blockchain, NFT, etc.. and I am glad that some companies hear feedback and complaints and remove them like S.T.A.L.K.E.R 2 for instance
    That is certainly your choice.

    It's good to have these discussion, to understand what's out there and make informed decisions.
    laserit
    "We see fundamentals and we ape in"
  • MendelMendel Member LegendaryPosts: 5,609
    A game, or a way out of poverty?  I suspect that the answer is: neither.

    Axie doesn't appear to be much of a game, particularly one that is an MMORPG, or a game that would appeal to people drawn to this site.

    And the only people likely to use this game as a way out of poverty are the developers, not the players.  Might as well just throw people in a big cage and see who emerges.  Twenty-six men enter, one man leaves.  And that's being optimistic.



    Scot

    Logic, my dear, merely enables one to be wrong with great authority.

  • maskedweaselmaskedweasel Member LegendaryPosts: 12,180
    laserit said:
    laserit said:
    Printing money from nothing = losing all your personal freedoms



    That is the end game imho
    I honestly don't understand how this has anything to do with blockchain gaming. 
    If the title is anything but click bait it has everything to do with blockchain, NFT, and Crypto gaming.

     Imho 
    I think you're losing me on this one. 

    Keep in mind that there have been many posts on blockchain games by staff that generally have very little to do, if anything, with "printing money" or "getting rich". 



  • maskedweaselmaskedweasel Member LegendaryPosts: 12,180
    bcbully said:
    Arterius said:
    bcbully said:
    Arterius said:
    bcbully said:
    olepi said:
    Interesting article, thanks for the link. Although it claimed people were buying cars, funding their college education, etc, there wasn't an actual example of an actual player making any actual money.

    I was hoping to see something like "Jack, an actual player, made X $  after playing for only Y hours."

    There's also no description of what the game is, except for vague references to "winning teams" and "powerful" axies.

    Do we have any examples of real players who made money, how much money they made, and how long it took?

    For example, in blackjack, we could say that "Jack put up $10, and through a lucky draw, won $15 in 2 minutes."

    Great questions. Personally I know 3-4 people who play and earn. The last one I spoke to about 3 months ago was making about 1300 a month. Earlier in the year another guy was making over 3000 per month.

    At the highest rank you earn 18 SLP per win, lowest rank 9 per win. $SLP is .027 USD at this time. I believe each match is 1-2 minutes. 

    Here is an interview with a player - 
    https://axieinfinity.medium.com/player-spotlight-exhuman-1478b3572577


    How do you know if they were being honest or not? Not just trying to get you in on the scheme. Now you have said you have made money and that's fine but that is not going to be everyone's experience. In fact for someone to win I would wager a lot more have lose or these companies would lose a lot of money.

    It's good to be catious. There are a lot of "schemes" just like we've seen the past 10 years where games promise the world and deliver nothing.

    In this case Axie is a proven game that has been released for years. All numbers can be varified on chain including rewards. For example the Ronin Bridge, Axies blockchain bridge holds 6 billion. This can not be faked. Also Axie players do not lose money when they lose a match.

    image

    Plus a company is always going to try to make there product look good so that link is worthless. Its like when Pantheon interviews a backer every month. Of course they are going to choose someone who is positive on the game or has had a positive experience over me.

    I agree take every company made release with a grain of salt. There's a lot 3rd party information out there also which helps in your own research.

    Edit: The thing is I honestly hope all this works out for you but I don't think it will. As someone who comes this site I am sure you have played and still play your fair share of games. The one thing we have seen time and time again is how freaking manipulative and exploitive these companies are as well as greedy. This isn't going to end well for you in the long term. These companies do no have either of our interests at heart and they sure as shit don't want to pay us. So when this goes mainstream your going to have to work and work hard to make a dime.

    I don't play any games right now have played my fair share though feel free to check my post history and discussions. 

    I know exactly where I'm at and what I'm doing. Thanks for your concern, and support. Niether is need though. I've done my reseach, and I am comfortable in my position. 

    One thing I want to ask you though. Why do you continue to support these same compaines you feel are out to get you? I sure as hell don't.
    I support companies but not specific games like Fifa for instance. If I didn't I would never have anything to play. The way I look at it as well is that a company does make a mandate and hands that to team (most of the time). I chose to support the devs who poured thousands of hours into make a video game I am interested in and dealt with a lot of dirty practices to do it.

    I take this on a game to game basis though and what the game is selling or doing. In the future I will not support any games with Blockchain, NFT, etc.. and I am glad that some companies hear feedback and complaints and remove them like S.T.A.L.K.E.R 2 for instance
    That is certainly your choice.

    It's good to have these discussion, to understand what's out there and make informed decisions.
    I always find it amusing when people say they'll "never play a blockchain game". There will come a time very soon where they won't even know. 

    Might as well say "I'll never play a cloud native game" or any sites that move to use any distributed data storage. They all pretty much utilize the same technology. 

    Never say never. 
    bcbully



  • laseritlaserit Member LegendaryPosts: 7,591
    laserit said:
    laserit said:
    Printing money from nothing = losing all your personal freedoms



    That is the end game imho
    I honestly don't understand how this has anything to do with blockchain gaming. 
    If the title is anything but click bait it has everything to do with blockchain, NFT, and Crypto gaming.

     Imho 
    I think you're losing me on this one. 

    Keep in mind that there have been many posts on blockchain games by staff that generally have very little to do, if anything, with "printing money" or "getting rich". 
    Like I said at the beginning of thread, Black Jack is probably a much better investment than the NFT, blockchain gaming bullshit goes.

    For those looking to make money, anyways.

    Could be a different story if ones only looking for entertainment.

    "Be water my friend" - Bruce Lee

  • bcbullybcbully Member EpicPosts: 11,838
    edited December 2021
    laserit said:
    laserit said:
    laserit said:
    Printing money from nothing = losing all your personal freedoms



    That is the end game imho
    I honestly don't understand how this has anything to do with blockchain gaming. 
    If the title is anything but click bait it has everything to do with blockchain, NFT, and Crypto gaming.

     Imho 
    I think you're losing me on this one. 

    Keep in mind that there have been many posts on blockchain games by staff that generally have very little to do, if anything, with "printing money" or "getting rich". 
    Like I said at the beginning of thread, Black Jack is probably a much better investment than the NFT, blockchain gaming bullshit goes.

    For those looking to make money, anyways.

    Could be a different story if ones only looking for entertainment.
    Hey if you can make it, there's hope for the rest of us ;)
    "We see fundamentals and we ape in"
  • laseritlaserit Member LegendaryPosts: 7,591
    bcbully said:
    laserit said:
    laserit said:
    laserit said:
    Printing money from nothing = losing all your personal freedoms



    That is the end game imho
    I honestly don't understand how this has anything to do with blockchain gaming. 
    If the title is anything but click bait it has everything to do with blockchain, NFT, and Crypto gaming.

     Imho 
    I think you're losing me on this one. 

    Keep in mind that there have been many posts on blockchain games by staff that generally have very little to do, if anything, with "printing money" or "getting rich". 
    Like I said at the beginning of thread, Black Jack is probably a much better investment than the NFT, blockchain gaming bullshit goes.

    For those looking to make money, anyways.

    Could be a different story if ones only looking for entertainment.
    Hey if you can make it, there's hope for the rest of us ;)
    I'm not the one singing, you are.

    "Be water my friend" - Bruce Lee

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