THE VENEZUELAN ECONOMY AS A FUNCTION OF AXIE INFINITY

Greetings and welcome, dear readers of this prestigious platform, the topic that concerns us this time, is related to the economic potential that Axie infinity offers for an economy that is dipping deeper into the abyss every day, specifically speaking of the Venezuelan economy.

In this sense, it is no secret to anyone that the Venezuelan economy is in decline, where a professional in any of the areas of knowledge does not receive a minimum wage that exceeds 10 dollars Therefore, in these times of crisis, we have been able to reinvent ourselves and look for different ways to face the harsh situation we are experiencing.

In such a way, due to the global health problems caused by covid-19, the crisis worsened, but at the same time other forms of investment appeared, among which games stand out. NFT, the cryptocurrency market and the blockchain in general.

Based on the above, through these lines of writing we will address the growth of the number of Venezuelan players dedicated to the subject of NFT games specifically Axie infinity, where it is estimated that by the end of October 2021 the enrollment of players exceeded 1.10 million , of which more than 7% were Venezuelans who had invested or obtained a scholarship that would allow them to generate additional income to alleviate the difficult situation in the country.

According to statistical estimates for the month of August an average player was capable of generating up to a thousand dollars, of which if you were scholarship holders, 35% would correspond to the equivalent of $ 350 a month, an abysmal figure if Compare with the salary of the country.

Now, from August to date, the asset of the game, the SLP has entered a period of drastic recession, going from being worth $ 0.20 to $ 0.018, which has strongly impacted the economy of investors and even more Venezuelans who perceive this game as a job or sources of income.

Under this scenario, optimism and confidence for the game seems to remain intact and more so with the new updates that the creator of said game has notified for the new year, where the projections are strong, so much so that an increase of more than 80% is estimated in the midst of the decline in BTC.

This is the result of the announcement of the new metaverse and the roadmap that the company MAVIS has released, which has increased optimism among investors and players of this passionate game, among the new Aspects that are mentioned stand out, the land sales, the new origin battles and the new space in the metaverse for the play-to-earn game platform.

In this sense, we will continue to be attentive to new developments since, as investors, we are committed to the growth and stability of the game in general.

[1] CASSIO GUSSON. Axie infinity and projections for 2022. Article: Online Access