Bankless The Rise of Axie Infinity | Jeff 'Jiho' Zirlin (SotN 7/13)
Jul 14, 2021
Axie Infinity is reshaping the gaming industry with its innovative Play-to-Earn model. The community is thriving, with over 200,000 Discord members driving engagement and economic participation. Players can earn real income through gameplay, making it a pivotal gateway to blockchain adoption. The role of Ethereum is essential in this growth, influencing everything from player demographics to game mechanics. Despite market challenges, Axie Infinity's resilient ecosystem continues to evolve, empowering users through decentralized governance and resource innovations.
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Axie's Rise
- Axie Infinity's success is a culmination of building during the bear market, focusing on community, and solving scaling issues.
- The team persevered despite low interest in NFTs and Ethereum during that time.
Community Dedication
- Axie's community showed early signs of dedication with fan-made musicals, tattoos, and tools.
- The team was inspired by users and focused on scaling and token integration.
Why Axie Is Growing Now
- Axie Infinity's growth is attributed to several intertwined factors.
- These factors include deploying to Ronin, the current "crab market" in crypto, and Axie's decoupling from the general market trends.