I think this is not only a realistic approach to Axie, but to all #playtoearn#MoveToEarn#xtoearn games out there. Very important for #GameFi and #SocialFi to move forward and away from ponzinomic.
Who’s going to be the first to do this?
#p2e#m2e
@NFT_GOD How about those projects who claim to invest treasury in revenue generating things to give rewards like from BTC mining and / or real estate profits?
@AradenaWarrior @DeFiVader Will check out your whitepaper but in case you still read this, how do you give value to your off-chain tokens? Is it coming from a general rewards pool?
@Shashwa95070313@DeFiVader Might be too speculative especially with how even big DeFi protocols have been crashing recently. We have to wait and see on how effective the sponsor / partner revenues StepN claims it will have to help sustain the rewards pool!
@DeFiVader I believe it was perceived to be a 🚩 since the games didn’t have a healthy economy so scholars just kept extracting value. But once the games include more burning mechanics & have a long game loop, guilds will be great in supporting new games & onboarding new people to crypto👍🏻
@STEVEW00DY Feel the same about struggling to see the sustainability of yield farming protocols and nft games! Hope to encourage you by saying that I believe that Sunflower Land and also Million on Mars might be close to solving the puzzle!
Enjoy your 3 day digital detox!
@brycent “Our tokenomics provide numerous burn mechanics”… that are all net inflationary so we’re just setting ourselves up for the doom cycle. But hey, look at our pixelated art 🥲
@ReadyPlayerRich 2/2
The games also have an angle that will be educational so that we can still help other guilds or projects promote themselves to our community.
Would love to chat about this with you if you’re interested to learn more!
@ReadyPlayerRich We built a platform and aside from what you said, we realized it’s going to be a problem if we integrate games that aren’t long term sustainable.
So we’re now also creating our own games that hopefully won’t be dependent on new players coming in to be sustainable
1/2