Real estate has a good name in the industry for recurring income. And something like that has been going on in the blockchain world too. I was kind of surprised when games like Splinterlands got into it. Then today I learned about Axie jumping into the LAND economy as well. Yes, they are trying their hands on generating more revenue this way.
It's out on Twitter that the game would be soon getting it's own LAND system and would be integrating it to the core of the game.
Recently Axie team announced the free starter entry. Like you don't need to buy NFT in the core game for the gameplay. You can use the free axies out there for playing the game. Buy only if you want to increase the quality of your axie and then sell it. So thats kind of try before you buy sort of the mindset from the Axie team.
Now let's move to the new homeland thing. Here you are buying a space on the planet Lunacia. And you would be able to stake and also rent it for small time. once everything is sold and settled you would have to let the land work for you. And then you would earn along with you would be able to make use of that land for the gaming purpose too.
Axie has the substack newsletter where you can read the details.
Also there is a video that you can check out too.
Now moving onto what this means for the players? I think one strong signal is that a lot of games and the metaverse are getting the beating in this bear market. And we can see how bad that would end up if you invested your money in them right now. Nothing is sure and also the return of investment is less likely for average gamer. But for hardcore gamers, testers, this is a good opportunity to buy and review and later become whale in such game economies.
