(12) Axie Infinity's DEX(decentralized exchange) Katana Launch and my thought about Block chains
How time flies. One month has passed since Axie Infinity launched AXS stake. On 2021.11.4 , Axie Infinity released another major update, launched its decentralized exchange Katana and two new tokens called LP and RON . The official also issued a document suggesting that players take time to learn the concepts and content of Pool and Farm, and understand the meaning of the two tokens.
In the past month, I tried AXS stake, got AXS reward every day, then restake reward, it was easy to do so. I also did daily tasks in the game, learned the knowledge of blockchain technology and trends, wrote articles. In fact, my life is very fulfilling. The only thing that makes me dissatisfied is that SLP price goes down, so my motivation to play for SLP continues to decline.
I also complained about the team with players in our WeChat group, thought that there is no hope in the short term, SLP consumption and prices will not change. However, there is a very classic saying in this era, which often happens after I utterly shout loudly, that is, "Life is like slaps on my face, never stop!"(In Chinese is 生活如巴掌，打脸不带停)。
Now, after the decentralized exchange Katana was launched, the price of SLP goes up again, and consumption methods have greatly increased. After the number of on sale Axies in the market has increased to nearly 500,000 , it has dropped rapidly, with a 24-hour trading volume exceeding 150,000 , the popularity of the game come to the moon again!
I spent one day studying the new content in this update and several other days to write articles. In general, I have gained a lot after being slapped on face this time. I hope that this kind of slaps can be more, then I will get more!
The new content liquidity pool (Pool) of Katana provides players with a channel, that is, players can loan their crypto assets (Weth\AXS, Weth\SLP) in the Ronin wallet for in-game players. The group provides liquidity of funds and at the same time obtains the reward of the new token LP. LP tokens can be pledged to obtain another token RON.
The new content Farm of LP tokens provides players with a way to get new token RON. When players farm LP, new token RON is rewarded. RON is the foundation of the Ronin chain and will be used as Gas fee in the future. When free times in Ronin wallet is used up, RON tokens should be consumed for transactions.
After this update, players will no longer need to go to other Dex when trading SLP, this saves cross-chain costs. In addition to the new entry funds, all transactions in the existing Axie Infinity can be completed on the Ronin chain. The wealth created by Axie Infinity will belong to all players, game parties, and investors who hold its content. Therefore, this update can be regarded as a big benefit for the long-term operation of the game.
My personal analysis of the Axie Infinity update is over this time, maybe I will write another article about Ronin Chain future.Now let’s talk about some other things about Block-chain and NFTs.
Below is the information about three big Internet companies in China, Comparison of the performance of the three traditional Internet giants B A T in 2020:
Tencent:
2020 annual
revenue is 482.064 billion yuan, compared with 377.289 billion yuan in the same
period last year, a year-on-year increase of 27.8%
The net
profit for the whole year of 2020 is 159.85 billion yuan, compared with 93.31
billion yuan in the same period last year, a year-on-year increase of 71.3%
Alibaba:
Revenue in
2020 is 509.7 billion yuan, a year-on-year increase of 35.26%
Net profit
in 2020 is 140.4 billion yuan, a year-on-year increase of 74.93%
Baidu:
Revenue in
2020 is 107.1 billion yuan, a year-on-year decrease of 0.32%
Net profit
in 2020 is 19.026 billion yuan, a year-on-year increase of 931.56%
Among them, Baidu is seriously lagging behind, regardless of scale or growth (this year's profit growth data is calculated relative to last year's loss, which has no reference value) is far lower than Tencent and Alibaba, and it is no longer eligible to be compared with AT.
Once I also posted technical documents on Baidu Library. I summarized the programming operations of serial port communication, including the screenshots of each step on VS2005. Later, it was removed by Baidu Library.The reason was that my own document was not posted as early as others. Therefore, the document of the person who posted it earlier is left, while the document of the original author is removed.
OK, I immediately understood that Baidu Library doesn’t respect other people's copyrights, and I have seen many disputes between other content authors and Baidu Library about copyright content. Since then, I have never submitted a manuscript to Baidu Library.
At this
moment, the Internet has entered the era of content creators. Baidu search
engine can no longer easily obtain content in other apps through web crawlers.
We can see number of WeChat official accounts(Media platform) is gaining. They can
inevitably get some Internet users. Then Baidu search engine user number goes
down is an inevitable result!
Let’s look at the explosion of NFT content this year. Both Tencent and Alibaba have launched their own digital content souvenirs. The market feedback is also quite good. We don’t consider rights and interests, at least their popularity is relatively high in the circle, while Baidu doesn’t have any actions. I don't know what it is waiting for? Losing this opportunity will be another big loss for it.
I don't pay
much attention to Tencent's NFT content, so it's not good to comment. Let’s
talk about the digital collections in Alipay. It has two important rights that
are different from the current public chain NFT. The owners of digital
collections can’t trade their collections with each other, they can only give it
to their Alipay friends after owning it for more than 180 days! The owner of
the digital collection does not have copyright. The copyright and distribution
rights belong to the creator and Alibaba. These restrictions on right have made
me lose interest in its digital collections. Let me tell you the
reason.
Blockchain
technology is the foundation technology of NFT or digital collection. The public chain
Ethereum adopts blockchain technology. It is open to people who hold Ethereum, then
people will contribute to it, money and Dapps and DAOs. It is like a train bound
for Utopia (Web 3.0) (a block is a train cabin, cabins connected together to
form a chain), and every participant has the opportunity to add new train
sections on this train line , they can sell tickets (like tokens) to allows
more people to participate. Participants can also buy tickets issued by others,
visit other people's train cabin, learn and share.
Some train carbins have rich content, and they are about to be made into a new train (such as Axie Infinity and Ronin Chain), and their ticket price is high, but there are still many people want to buy tickets.
There are some
train carbins only have beautiful shells, and then through capital speculation,
people who buy tickets are deceived (such as the Squid Game that the team ran away
recently). Because of the openness of the public chain like Ethereum, during
the operation of the train, all participants can freely trade, buy tickets and
get on the train, when they find places they want to go, or don’t want to take
the train, they can sell their tickets to any others at any time. Then they
just get out of the train and left, maybe they can earn money by selling their
own tickets!
But Ant Chain does not have so many people to contribute to it, only the people in company Alibaba are working for it, and it gets the copyright, distribution rights, and transaction rights only in its own hands.That means if you buy a ticket and take the train. The ticket is a one-time ticket, you just take a ride, when you want to get off the train, you can only give the ticket to your friend. You can't sell the ticket to others.Only Alibaba can sell and earn money! In this regard, I would like to say: "Thank you! Goodbye!".
Of course,
the business model of AntChain does not mean that it will fail. With its user number,
each digital collections is quite successful, and it can be said that demand
always exceeds supply. However, if anyone tells me that the AntChain is the
same as the public chain of Ethereum, he / she must be a liar.
Time will
tell us what level these public chains and the applications(Dapps) on them will reach.
As for the private chains, we don’t need to pay too much attention. These
private chains aren’t belong to the participants, only belongs to the company.
What are we worrying about?
Regardless
of the content of the blockchain, let’s go back to see the history of Internet.
The Internet that began in the 1950s can grow to the size it is today. I think
it is mainly because of its openness and inclusiveness, that provide opportunities
to all of Internet users and companies to earn a lot of money.Then they try
their best to make efforts.
The
blockchain technology emerging in the 21st century also needs to be open and
inclusive like the Internet in order to mobilize everyone's enthusiasm in a
wider range. Anyone who wants to participate must not only be aware of its
risks, but also continue to learn, increase their understanding of it, and work
hard to think about how to obtain opportunities, and firmly grasp it.
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