Axie Infinity ($AXS) Play-to-Earn Boom
Capital Req:capital_medium
Entry Window:2020-11 to 2021-05
Exit Window:2021-11
Execution Directive:
Buy AXS below $5 in early 2021. Sell all game assets and tokens in Nov 2021 above $150.
Preparation
Set up a Binance account for liquidity. Install the Ronin wallet. If maximizing yields, prepare to manage a "Scholarship" program (renting NFTs to players in developing nations).
Execution Steps
- Early Entry (Late 2020 - May 2021): Accumulate the governance token $AXS while it is trading between $0.50 and $5. Buy fundamentally strong "Axie" NFTs from the marketplace for cheap.
- Breeding & Guilds (Jun - Sep 2021): As the Play-to-Earn narrative explodes, Axie prices skyrocket. Use your Axies to breed new ones, and lend them out to scholars in the Philippines via Discord. Collect your daily $SLP revenue share.
- The Peak (Oct - Nov 2021): Daily active users cross 2 million. $AXS token moons past $100 as traditional crypto investors FOMO into the Metaverse/GameFi narrative.
Exit Strategy
Watch the $SLP mint vs. burn ratio closely—it is mathematically unsustainable. In early November 2021, as $AXS approaches its absolute top near $160, execute a complete liquidation:
- Dump all your Axie NFTs on the marketplace, undercutting the floor price to ensure quick sales.
- Sell all your $AXS and accumulated $SLP on Binance. Do not hold any assets. The in-game economy will crash into a death spiral soon after, and the devastating Ronin bridge hack in early 2022 will put the final nail in the coffin.