(24) Free talk about three three blockchain projects (development , risk and suggestion)

        In my personal summary about Axie Infinity ((22) Development Analysis and reflection on the and current issues of Axie Infinity in January 2022), I mentioned the disadvantages of some famous NFT projects on Opensea (such as Crypto punks and Bored Ape Yacht Club): limited number , can only be owned by a few people, and can't meet the needs of more people when the market is further expanded. In this article, I will talk more about three blockchain projects (Opensea, Highstreet and Axie Infinity).


        For now the most popular project is OpenSea. Under the combined effect of making money, celebrity effect, and artist influence, NFTs are popularly sold on Opensea, the world's largest NFT trading platform. Especially for those projects that are promoted by celebrities, their NFT products can often skyrocket in price several times, or even dozens of times, in just a few minutes, and later can reach hundreds of times the issue price. Many people know that this kind of hype and high prices due to shortage of commodities cannot be sustained for a long time, but the participants believe that they will not be the last hold ones, so they are still actively participating. In fact, the Opensea platform has already been clear about this. In an interview, the leader also admit that he has reserved resources for 'wintering'.
        Except as I mentioned before, a limited number of projects are good for hype (like 10k, 100k) but not enough for a large number of users. These NFT products are usually not functional, and are often only used for avatars ,usually they are used to show off. 
        It is expected that the Opensea platform will cooperate with other projects in the future to increase the commercial value of some well-known NFT and art projects, expand the use of some NFT commodities, such as printing on T-shirts to enter the daily necessities market, making popular NFT become a long-term trends then attract more and more people in real life. Otherwise, once the hype of such projects ends and the bubble bursts, it will be difficult for the subsequent NFT content on the OpenSea platform to have a large number of transactions. I don't think OpenSea would like to see NFT transactions stop.

        Different from Opensea, Highstreet, which started from VR and then come to Crypto, seems to be a step closer to the metaverse.It has shown land, stores, NFT products in a VR world, and it even combining NFT products with the real world. Some merchants' products are related to each other, such as shoes, clothes, and so on. 

        In the Highstreet project, users have a 'virtual world' that can be immersed in, and can live in this virtual world without being completely separated from the real world. Virtual world is connected with real world then it get better development. 

        However, it is not comparable to Opensea in terms of market share, and VR products require additional hardware support and are not convenient for promotion, this brings limitations. And not everyone likes VR products, and sometimes it will bring some adverse reactions, such as dizziness, etc., technically needs to be improved. Its advantage is that the current small size and with VR then it is more likely to double or even several times in value in the future, and it is more likely to be favored by capital ( VC) in the short term.

        Compared to the first two projects, Axie Infinity is the blockchain project I know the most. I have experienced scams on Discord, entered the game when the bull market was overbought, saw its development, and witnessed its process from a bull market to a bear market, and also saw the current oversold state. I think card playmode is really only a small part of the world of Axie. 

        From its operation, Axie Infinity never spends money on advertising fees, and even hopes to open up advertising in its own Lunacia world to earn income in the future! This brings a concept of anti-traditional online game management. It cannot bring advertising endorsement income to those stars and celebrities, then it will not be liked by them. It can only take the route of letting the player group spontaneously help to promote it.

        As the game will share income with players and participants, rather than simply milk players, it will inevitably be suppressed by ordinary online game manufacturers. 

        Under the effect of making money, players who enter in the bull market and overbuy market first consider their own costs and benefits, and they are most concerned about how long it will take to recover their capital. When the price of the NFT they bought falls, meanwhile his/her own income drops, players will think they were cut off by the project team, whether the project can develop well in the long term is not important at all. 

        It can be said that Axie Infinity ( Play to earn )has developed well and is progressing rapidly, but at the same time, it has also got many enemies and has many problems. Under the current circumstances, unless there is new content to attract new players and get old players back, or to get more revenue ways, we will only see the embarrassment of its token price falling.

        In a recent developer diary, it was mentioned that the game modified the key content - the game engine, changing 2D to 3D, which affected the release time of the land gameplay, and gave a demo map of the current development effect. In my opinion, 2D is actually very suitable to make cartoons, and 3D games not only have more exciting effects, but also provide the possibility for VR in the future. However, good news cannot attract users. Only after the real content is implemented will it bring new users and old players back.

        Let me list some other questions and personal suggestions.

        1. The users of the chain game project come from all over the world: the United States, China, Vietnam, the Philippines, Singapore, Malaysia, Germany, Venezuela, Spain, etc. Although most of the users can speak English, there are still many users can't speak English very well. Many Channel mods on Discord only rely on English to communicate with users. They can't support these users who do not speak English, and the number of Channel Mods is limited, which provides space for scammers to use.

        The losses are heavy if new players meet scam, and I was one of them, I even wrote articles to warn new comers, but the effect was limited. Therefore, Sky Mavis needs to consider how to attract some active players to support new users to help new players from all over the world have a better chance of getting on the phone. Its co-founder @Psycheout86 once mentioned that people who participate in the Crypto project are like those who swim to the island, and many people encounter accidents while swimming to the island. So, why doesn't Axie Infinity consider developing more lifeguards? ? If you can, my advice is the sooner the better!

        2. Make better smart contracts. Although the official is constantly promoting the risks and scams of chain games, newcomers are still often scamed before starting the game. Fake website links and fake APPs continue to steal new players' assets. 

        After the scammer obtains the player's secret recovery phrase, he will gift Axies to other account in a few seconds, and then sell them on the market at a low price, and then transfer the obtained weth to make a profit. 

        I suggest a transaction time limit after gift in the smart contract, or consider limiting the withdrawal time of weth after trading pets, so as to give players who are deceived by scammers a buffer period to reduce losses.It has been realized that the newly created team cannot obtain SLP within 24 hours, this can be used for reference.

        3. In addition to land and buildings, will there be some Axie houses in the future that can be developed to display interior items? I suggest thinking about the development of the interior of the house, the layout, etc. in the world of Lunacia, if you can, it will be another huge, open market. In projects like Sandbox and HighStreet, I've seen some of the interior design and development of houses. The picture is from the official website of Axie Infinity.It is a picture in Axie house.

        4. In addition to Discord(communication tool), I recommend that Axie Infinity develop a forum to expand the channels for players to share information. I personally recommend BBS, which is also an open Web 3.0 project. I've tried posting on Reddit before, but for some reason, my posts about Axie Infinity keeps getting deleted on Reddit, and on BBS, I don't have this problem. The development of BBS is also very fast. After the release of its token, it has attracted a large number of new users of the Crypto project.


        From Axie Infinity Builders Program!  on January 20, 2022, Axie Infinity is actively expanding the development of its mini-games, and the table content is very detailed. Considering that I have limited time after the Spring Festival, I have to give up this application , maybe I will have another opportunity in next time.

        Fortunately, with the help of Mr. 昆儿, I finally upgraded my tag on Axie Infinity's official Discord and become a Content Creator. He is an enthusiastic and helpful person, Twitter account: Quinn @SmoochAxie, I wish his Twitter account a million followers in 2022. 

        This result actually confirms my long-standing assumption that Sky Mavis will actively expand and discover those active participants, and these active participants will receive more opportunities and rewards in the future.


        The money we invest and earn is often within our cognition. The most pessimistic scenario is that I can’t make any money in projects of Web 3.0 ,such a Axie Infinity and BBS, then that means that there is a problem with my cognition in this wave. I have not got the importance of them. I need to do more research and investment, or abandon these projects altogether. My optimistic prediction is: the current oversold low-priced Axie will be bought back by the influx of players at a high price when new content is added to the game. This may the rule for the Axie Market...
        At last , I wish you a happy life.

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