Daily income of a typical Axie Infinity player 'case below the Filipino minimum wage line:' Report-recommended

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Tagesse of a typical Axie Infinity player 'falls below the Filipino minimum wage limit:' Report

This year the blockchain game Axie Infinity developed by Sky Mavis has recorded incredible growth and recently exceeded sales of $ 3 billion. However, researchers from Naavik explain in a recently carried out study that Axie Infinity players, who are described as "scholars", have a daily decline in income and have experienced many of them that the income has fallen below the minimum wage limit of countries such as the Philippines.

NAAVIK researchers dive deep into Axie Infinity a -The income of the 'scholars' has been falling since August

The blockchain game Axie Infinity based on Ethereum is one of the most popular video games hosted in a distributed Ledger network. The game was called by a studio. Developed Himmel mavis , and since this week metrics from dappradar.com have shown that the game has achieved 3.23 billion US dollar at non-fungal token (NFF) sales of all time. Sky Mavis launched the game in 2018 and the company has its headquarters in Ho Chi-Minh-Stadt, Vietnam.

bitcoin.com News has covered the project From on different occasions and only recently Sky Mavis unveiled the start by axie infinity. Decentralized stock exchange (Dex) called Katana. While the blockchain gaming project has grown exponentially in the first half of the year, the daily income of the typical player decreases. according to statement written by naavik-researcher Lars Doucet . naavik is a research, advisory and consulting company, and the Blockchain gaming, NFTS and Axie Infinity.

daily earnings of a typical axie infinity player

The Naavik researcher published a study on NFT gaming platforms together with Jimmy Stone, Anthony Pecorella, Aaron Bush and Abhimanyu Kumar and discussed whether Axie Infinity was an "infinite opportunity or infinite danger". Doucet revealed some of the results of the report on Twitter and discussed the project in detail in a thread.

"After months of incredible growth, the daily income of the typical player of Axie Infinity (a 'scholar' in the Philippines) for everyone, apart from the high -ranking players, fell below the minimum wage limit of the Philippines, and even they have recorded a decline in income," wrote Doucet on November 12th.

"'scholars' are actors, typically in developing countries who cannot afford the purchase [Three] Axies (NFT-based virtual pokemon-like creatures) that are necessary to play the game. These assets will be lent by" sponsors "who take part of their income," said Doucet. added .

Daily earnings of a typical axie infinity players 'Falls below the Filipino minimum wage line:' Report

Naavik researcher: "Axie Infinity's growth thrust slow down"-"Game holds the binding rate of a job"

The Naavik researchers explain that the team also procured capital from investors such as Consensys, Delphi Digital and Animoca Brands in some seed rounds. The results also show that "the daily active users (DAUS) from Axie Infinity have skyrocketed" and the cumulative DAUS were between 1.45 and 1.95 million daily active users from September to October. The report shows that the Philippines and Venezuela are the two most popular Axie Infinity regions worldwide.

Tagesse Axie infinity players 'Falls below the Filipino minimum wage line:' Report

Meanwhile, Naavik's researchers say that the game's growth spurt could slow down. "This dau wax trend from month to month shows that Axie Infinity's growth thrust slowed down somewhat, but a slowdown after such an impressive growth boost is to be expected," the study says. "The deceleration is also supported by the following Google Trends graphic in the Philippines and in Venezuela as well as worldwide."

Naavik's study explains that most Axie Infinity players come from low-income areas and "the main motivation is to make money". The study underlines that the length of stay of the game due to this trend is more like the "stay of a job, not a game". The study researchers find that this is "not necessarily a bad thing", but it offers a different perspective than today's most popular video games.

"It is possible that long-term binding and the growth of the dau will continue to stay healthy as long as Axie Infinity enables scientists dominated by scientists to achieve more income than they would do with normal jobs in their home countries," says the Naavik authors. "All in all, the Axie Infinity growth thrust (although still positive), and a large part of its player base treats the game like a daily job to ensure daily financial survival."

What do you think of the Axie Infinity report written by Naavik's researchers? Let us know your opinion on this topic in the comments below.

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