1/5
I want to clarify some things regarding $SLP and growth.
First of all, we care about $SLP.
It's tied to the breeding of Axies and correlated to the Axie price.
We also know a lot of players rely on $SLP to make put food on the table.
It's incredible.
1/4
@Ronin_Network
update
Been an intense 36 hours
Been working with the Sky Mavis board and key cybersecurity personnel to get a complete overview of the situation
Our internal network is currently going through a deep forensics review to ensure there is no lingering threat
1/6
@AxieInfinity
is more than a game at this point. It is also:
- A social place where you meet your friends and like-minded people.
- A job platform.
This has huge implications - a new digital nation is forming. And $AXS is at the heart of it.
A thread.
Seeing all the hype for Axie:Origin puts a smile on my face.
Can’t wait to see you all play it.
Somehow I feel like we were underestimated yet again.
Onwards!
“Here in San Carlos the radio is always talking about Axie and the price of SLP...
SLP is accepted in, I think, about 30% of shops in my city...
We just pay instantly with Ronin-Ronin transfers to the vendor's wallets on our phones"
@BlackpoolHQ
-
Looks like we have a job to do on educating the market about the potential of $RON 🧵
RON currently powers all on-chain txs for Axie Infinity, and in the future, all other games that Sky Mavis will publish.
Compare to other NFT chains Ronin Network is in another league.
Our top priority is ensuring the safety and confidence in
@Ronin_Network
Once that has been done we will open Katana DEX and the Bridge.
Appreciate your patience while we execute on our internal recovery plan which will ensure there are no lingering threats.
4/4
Very proud of how my teammates have handled the situation so far.
Focusing on what we can solve and dealing with the problems one at a time.
Also a very grateful for all the positive vibes in the
@AxieInfinity
community.
We rise to the occasion together
More to follow
+
I can see some players are misunderstanding this as a promise that $SLP will pump
That is not the case.
I think of $SLP as a commodity. It will fluctuate a bit in price, but what we really need is deep liquidity to ensure a somewhat stable price.
Ronin DEX will help here
$AXS is the governance token of
@AxieInfinity
and players of the game should own some.
Thats why increased the AXS leaderboard rewards to the top 300k players.
In time we hope to expand it further.
This is how Axie will become decentralized.
Good luck on your quest for AXS!
5/5
If we don't have it then the only thing we will get is a price boom with the following bust.
New players would discover Axie at the wrong time, and we would use one of our growth triggers before we could capitalize on it.
Think long term:
.
@axieinfinity
just hit $4Bn traded NFTs between players 🎉
It's the most traded NFT collection ever!
Usually, game devs take 100% of the proceeds, but the Axie biz model is different.
4.25% of each trade goes into the $AXS token treasury.
$AXS can be earned by playing 🤯
1/10
As the creators of a new vertical in the gaming industry (P2E, Now P&E) we are used to being criticized, but in the past few weeks, we’ve seen media FUD reach new heights.
It's time to address it 🧵
Too many people compare
@AxieInfinity
to their favorite PC game which is ‘AAA’.
We are targetting the mobile games market which is 3X bigger.
Its all about accessability, not fidelity.
Axie games aim to be:
- fun
- easy to learn
- hard to master
In my younger days I used to become really mad when things didn’t go my way.
It still happens, but less frequently.
The fallout is generally negative.
If you are like me, become more stoic.
To all journalists asking about the sustainability of blockchain games:
How does any game company make money?
Its what we do with the money that matters.
In
@AxieInfinity
we redistribute a large part of the revenue to the players.
Traditional games take it all for themselves
3/4
We are committed to ensuring that all of the drained funds are recovered or reimbursed, and we are continuing conversations with our stakeholders to determine the best course of action.
2/5
We recognize that the $AXS cost relative to the $SLP cost per breed is currently imbalanced, and will make more adjustments in the future
This is something that we try to communicate frequently, but people seem to forget it and think that this is the final version of Axie
I have always believed that games will bring blockchain to the masses.
Even though
@AxieInfinity
is in alpha it is showing what is possible and has generated over $8.3M in rev in the past 30 days.
This is massive, even compared to
#DeFi
apps like
@AaveAave
and
@MakerDAO
#NFT
There is not enough blockspace on battle-tested and active blockchains
Imagine developing a game for years and the chain you deploy on goes down due to another NFT drop on the same day as yours
Bullish on specialized chains like
@Ronin_Network
which is made for gamers only $ron
With Axie:Origin we are taking a massive step in the direction of more fun and engaging gameplay.
The secret crypto sauce is there too of course, but it will not be introduced until later.
1. Play for free
2. Fall in love with the game
3. Become a spender and collector
Would be great if more people were as considerate as this.
We are the first to change the parameters in gaming this way, yet scholars, who often only extract value are the harshest critics.
Playing and earning will be the future of Axie.
Mainstream backlash against
#NFT
is great for builders with low burn.
Our mainstream competitors are being hamstrung by their misguided users.
Imagine thinking owning your own data and digital assets is a bad thing.
Time to ship solid products and show them whats up.
Bullish!
"In an economically free society, individuals are free to work, produce, consume, and invest in any way they please" (Google)
Sounds like crypto and
@AxieInfinity
to me.
4/5
Can the game in its current state handle another massive growth spike that generally follows a high $SLP price?
Can Ronin?
Our answer to that is: Not quite yet.
We are working _hard_ to improve our capacity for another massive growth spike.
The DPRK hacking group started to move their Axie Infinity stolen funds today. Part of it made to Binance, spread across over 86 accounts. $5.8M has been recovered. We done this many times for other projects in the past too. Stay
#SAFU
.
$AXS shorts ngmi.
Now making shit up (FUD) on Reddit:
@skymavisHQ
will be staking our entire $AXS position soon.
For now, it hasn't even been unlocked from the staking contract.
Trust me, sure, but verify it here:
3/5
In fact, we are just getting started.
Axies will over time be able to earn more tokens when more features are released.
But back to $SLP for a second.
Assuming we reduced $AXS per breed to close to zero the price of $SLP would rise fast.
But would it be sustainable?
2/4
This was a social engineering attack combined with a human error from December 2021.
@SkyMavisHQ
tech is solid and we will be adding several new validators to
@Ronin_Network
shortly to further decentralize the network.
Business 101:
Companies release news that impacts the markets.
They have contracts with its employees that include NDAs to avoid market-manipulation.
This helps ensure a fair market where everyone should get access to the same information at the same time.
Basic stuff.
Bridge being refilled on the 28th 🤝
Now it’s time for
@Ronin_Network
and
@SkyMavisHQ
to expand its games portfolio
If you are a game developer who wants to build with the most experienced team in the web3 gaming space reach out to partnerships
@skymavis
.com
$ron $axs
Nice mock-up of how the Mavis Hub could look in the future.
But it will be way more than this.
- marketplace
- player profiles and achievements
- more games (Axie and 3rd party)
We are laying the foundation of a new NFT gaming ecosystem powered by $RON and
@SkyMavisHQ
🤝
Improving the
@AxieInfinity
Mavis Hub launcher (🧵)
1/4: I came up with a mock for the launcher that ensures the players that they'd see all the latest news and updates, rather than just relying on twitter/discord for news.
Fun fact we only raised $860k in the private $AXS sale and it was HARD to close.
Several investors committed and then backed out prior to closing.
Peak bear market.
When is
@CBinsights
going to update their greatest "Greatest VC investments of all time" list?
#1
on their list is Whatsapp, a 275x return over 3 years.
Umm... $AXS is now a 750x in less than 1 year (from $0.08 seed round to $60 today)
Excited about the $RON token launch.
Feels oddly familiar to how $AXS launched, and we all know how that went.
Also for those who aren't familiar with Ronin Network take a look at this infographic.
So excited to release the game on Google Play and iOS later this year after further testing.
Shoutout to the
@skymavishq
for staying focused in these turbulent times.
Keep building no matter what.
1/ Axie Infinity: Origin is LIVE on Android Mobile devices!🎉
With 3 free starter Axies and this mobile release, Axie Infinity is now more accessible than ever!
Download it here👇
Full story👇
The Ronin Mobile Wallet is live 📱🔥✨
We know that many of our community members rely on mobile phones for their Axie experiences. This wallet was built specifically to bring economic access to these players.
👇 Download on Android or i0S:
We've raised a $152 M Series B led by
@a16z
for
@SkyMavisHQ
!
✨The funds will be used to fuel the expansion of Axie Infinity and Ronin, our scaling solution for digital nations.
Shoutout to the
@EsportsAxie
team,
@MyrtleGail
and
@eenmercado
for hosting a great
#OriginCupPH
The Facebook stream peaked at 10k concurrents earlier today and the Axie meetup in PH sold out in 8 minutes
Journalists take note.
Axie is here to stay no matter what you write ✌️
Happy to release
Get in touch with us if you want to deploy your game or game-related application to one of the most active and battle-tested blockchains in the world.
Over 760,000 active addresses in the past 30 days!
I’m super excited about the
@AxieInfinity
esport initiative.
Can’t wait for the day when people can observe the top ladder players without being friends with them.
Imagine betting SLP/AXS in-app before tournaments.
🤝🚀
There seems to be a never-ending amount of scam projects popping up using the
@axieinfinity
brand to trick players and traders.
@AxieSwap
is the latest shitshow, promising $AXS in return for buying and holding their shitcoin.
40k+ on telegram, 33k on twitter.
#SCAMMERS
From now on I will call out everyone who is purposefully leaving
@AxieInfinity
out of these infographics.
The Axie NFT contract predates the ERC721 standard
This is either incompetence or attempting to rewrite history.
Neither is acceptable.
As always we will release information about this latest ban wave, but want to wait a bit so those who are caught in the crossfire don't have time to react.
5 years full time in crypto with
@AxieInfinity
and
@SkyMavisHQ
Since then Axie became the most traded NFT collection ever, and there is still so much left to build!
NFTs will change gaming forever!
.
@axieinfinity
just hit $10M in revenue in the past 30 days.
We are even beating the top
#DeFi
projects according to
@tokenterminal
Fun games will bring blockchain technology to the masses.
$AXS
Nothing like starting the day with some fake news.
@NDailey21
Axies live on
@Ronin_Network
which is built to be environmentally friendly and has a very low carbon footprint.
Your source is either spreading false info on purpose or have no idea about Axie