Why I liquidated my investment in Axie Infinity

I decided I’d join in on the “fun” in late July. I dropped $1200 on an average Axie team and began to make around $40 a day from playing the game.

The game was mind numbingly boring but I was grinding through it. I’d get my 100 SLP (small love potions, the in game currency that can be sold for ETH) from adventure and then win 5 PvP matches to claim my 50 slp bonus for the day. SLP prices stayed around $0.20 during this time.

PvP is similar to hearthstone but just not very fun. Also has some RNG with critical strikes. Pretty frustrating at times.

The devs updated the game so you earn less SLP from adventure and the daily quest and more from PvP. So basically, if you don’t have an expensive team, your earnings tanked significantly.

I found that out quickly and sold my Axies for a little under what I bought them for because the price of mine were falling due to the update.

SLP price keeps falling because minting continues to rise and new features to burn potions have not been implemented yet.

It reeks of being a bubble that’s about to pop. I don’t see it lasting too much longer.

I could be completely wrong and Axie may stick around and be successful in the long run but the new changes and the dullness of the game itself pushed me away.

Feel free to ask me any questions about my experience