Have you guys watched this?
PLAY-TO-EARN | NFT Gaming in the PhilippinesIt's a documentary about Filipinos who took up playing Axie Infinity during the lockdown to supplement their income. My favorite part is the old man who plays Axie all day every day while he watches over the store. His wife says "we pray to god they don't take away the Axie" 😭
Its heart-wrenching but the game has really been a godsend to people who really needed it.
Philippines has now a lot of Axie players and this is one of the many successful story of Axie player talked in town. They are probably make a good earning from playing all day. I mean I am an Axie player and you wouldn't consume exactly a whole day to play because in an adventure mode of Axie you can already earn a 100SLP and in the daily quest you can earn a 50SLP which sums up a 150 per day, and if you accumulate it in a month you can make of almost 4500 in a 30 days. It is already a big amount of money in fiat to be hpnest.
That’s why many Filipinos took the risk of investing on Axie, some are selling everything they have just to buy a team hoping that they can get it back in just a month which I can say is really possible. Hoping that there’ll be no exit scam since this is the only way to lose money on AXIES, i’m a player too I’m just afraid on this possibility though I already got back my capital.
An exit scam probably won't happen, but prices can crash once the hype is over and those who invested a lot in the game may end not recovering their investments, although they would still have a team to play the game normally. That is the risk of blockchain games and everyone investing on Axies must be aware about this possibility, especially the ones you mentioned who are selling everything they have to enter the game.
By now the market is working nicely because there are a lot of people joining the game and breeding tons of axies, what boost a lot SLPs transactions' volume. However, high demand doesn't last forever. I'm not being skeptical, just realistic.