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OPINIONATED: Axie Infinity’s Rise, Fall and Future

OPINIONATED: Axie Infinity’s Rise, Fall and Future

FromCarpe Consensus


OPINIONATED: Axie Infinity’s Rise, Fall and Future

FromCarpe Consensus

ratings:
Length:
35 minutes
Released:
Sep 15, 2022
Format:
Podcast episode

Description

Is crypto still bullish on play-to-earn?Play-to-earn cryptocurrency game Axie Infinity skyrocketed in popularity in 2020, with many of the newly onboarded users residing in the Philippines and Venezuela. The game provided a unique – though ultimately temporary – economic model that allowed users to earn an income while at home in lockdown.In the time since then, Axie suffered an exploit ultimately attributed to the North Korean Lazarus group and its users dropped off as the game lost its early profitability.CoinDesk columnist Leah Callon-Butler joins “Opinionated” hosts Ben Schiller, Danny Nelson and Anna Baydakova to chart Axie’s recovery and predict what the future of the game might look like. Will the play-to-earn model continue in the years to come, or will it fall off as a short-lived experiment?I.D.E.A.S. 2022 by CoinDesk is the place to see your idea for the next big thing through – meet with leading investors, vet service providers and meet fellow visionaries. Learn more and apply to become a presenter today: coindesk.com/ideasThis show is produced and edited by Eleanor Pahl with additional production support and announcements by Michele Musso. Our theme song is by Elision.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Sep 15, 2022
Format:
Podcast episode

Titles in the series (100)

This is CoinDesk's Opinionated, a roundtable debate that fascinates with each new thought provoking guest. It's the place to convey strong ideas, and at times share in the latest casual controversy.Join Features editor Ben Schiller and reporters Anna Baydakova and Danny Nelson as they push the conversation further with their own criticisms and reactions to the latest bitcoin and crypto news from around the world. Be the first to hear Opinionated by subscribing to the CoinDesk Reports podcast feed.