AXIE INFINITY'S NFT MARKETS BASED ON ITS NEW ECONOMIC ADAPTATIONS

Greetings and welcome dear readers, the topic that concerns us in this opportunity is of an economic nature and its starting point is to make known some advances that are being presented in the Axie Infinity project, in order to improve the economy of the game and to balance the economic sustenance that was being obtained from it.

It is no secret that Axie Infinity had its upward push in the year 2021, thanks to the economic opportunities that it presented to the different users, whether small, medium or large investors, however, as time went by this economy was defragmented, which allows us to think that its foundations were not solid enough.

Similarly, if we take a look at the rest of the NFT games, we will realize that in a certain way the economic style they pursue is not sustainable over time, since they depend on a process of initial capitalization that obviously will sustain the growth of the token for short periods of time and as a result, when a massive sale of these tokens is executed, the market collapses and prices go to the floor.

Under this approach, I dare to define that NFT games are not sustainable as long as substantial mechanisms are not sought to balance the economy associated with them, and to some extent this is the work being done by the developers of the Sky Mavis project.

Now, returning to the economy of Axie Infinity we realize that its token the SLP and its governance currency AXS have lost significantly more than 80% of its value, the first for being an inflationary currency and the second because of the bear market that has been occurring.

If we add to this the economic losses generated through the hacking of the Ronin network, these are scenarios that have put the level of confidence of investors in the project in question, so that many have decided to abandon this project and look for alternatives in other mechanisms that allow them to continue capitalizing and growing their money.

Based on the above, the developers of Axie Infinity intend to reactivate the Ronin Network this June 28, assuming that all the deficiencies and security flaws that allowed the hacking of the same have been corrected, so that with the opening of the Ronin bridge those users who were harmed by the hacking will recover the amount of touches they had on the bridge or otherwise in the staking.

The sad part of all this is that the value extracted from the bridge amounted to more than 600 billion dollars, a figure that currently represents a loss of more than 60% for users as a result of the bearish scenario that has been presented.

To this end, Sky Mavis developers have developed a kind of Hartford where each validator node must be updated so as not to compromise the operation of the bridge and security in general.

Therefore, it is necessary to take into account that the Sky Mavis group has been working to generate a balance and stability in terms of security and advances at the level of their platforms, in which they have been somewhat successful, however, they have not been able to stabilize the price of their governance tokens, as well as those obtained for gameplay.

Therefore, we must be as investors, that in the short term we will not observe economic benefits through Axie Infinity's platforms since the origin phase is still in a state of development and adaptation, which makes it difficult to generate a phase of economic stability for users and the company in general.

Grateful with the community @project.hope and with all the management team of the same one that they motivate us to continue working in a mutual and balanced growth.