"What the above projection essentially shows is that Axie Infinity’s current revenue model is less driven by total player numbers and more driven by the pace of new player additions."
One of the key metrics that’s changing is that it’s not just about eyeballs anymore, here in web 3.0, the real metrics are commerce. How many people purchase an NFT? How many people purchase a social token that gives you membership into a community? And then how many of them participate in that community and take some action in that community?
But despite forty years of commercial products, open source, and deep academic work, we have yet to reach an end-user programming utopia. In fact, the opposite: today our computing devices are less programmable and less customizable than ever before.
Risk: Technical Risk: The Bitcoin codebase and network have been battle-tested for over a decade, but it continues to evolve and there remain some open questions about how the system might behave in the long run (for example, when the Bitcoin supply approaches its asymptote and miners must be compensated primarily with transaction fees rather than ... See more
Many blockchain games have advanced economies and weak gameplay, or go crypto ➡️ gameplay rather than in the other direction. What’s unique about Faraway is that it focuses as much on its gameplay as on its economy.