Mamga

🎮
Understanding the Economic Cycle of SLP and the Mistakes Never to Repeat
During the height of the pandemic, Axie Infinity exploded across the Philippines. For a few months, it wasn't just a game—it was a national side hustle. But behind every peso earned by scholars and managers was a fragile economy powered by new players unknowingly entering at the top. In this article, we’ll break down the numbers behind those who profited—and those who were left holding the bag.
📈 The Rise of Axie Infinity: A Gold Rush for Early Adopters
In June to August 2021, Axie Infinity was at its peak. Smooth Love Potion (SLP), the token earned through playing the game, was trading between ₱5 to ₱20 per token, creating enormous financial incentives.
Here’s how it played out for early adopters:
🎮 A Typical Scholar:
Daily earnings: 150 SLP
Over 60 days: 9,000 SLP
If sold at ₱10: ₱90,000 total earnings
Split with manager (40/60): Scholar took home ₱54,000; Manager ₱36,000
👑 A Manager with 10 Scholars:
Total SLP: 90,000 SLP
Value at ₱10: ₱900,000
Manager’s cut (40%): ₱360,000
Multiply that with larger operations, and it becomes clear:
🔥 Many early Axie managers walked away with ₱1 million or more in less than 3 months.
🧊 The Freeze: Why SLP Collapsed
The problem began when millions of new players rushed in during the hype, buying Axie teams at ₱50,000 to ₱120,000 each, believing they could also "farm to freedom."
But three things changed the game:
1. Too Much SLP Minted: Daily production far exceeded burning (use).
2. No New Economic Sink: Players just sold SLP. There was no utility outside breeding.
3. Early Players Cashed Out: Those who entered early exited near the top, leaving latecomers with overvalued assets.
📉 40Billion SLP: Who's Still Holding?
Today, over 40 billion SLP is sitting across wallets—mostly idle. Based on blockchain behavior, it appeared
Most early adopters have exited or sold gradually.
Majority of remaining holders are trapped players, who:
Bought Axies at ATH
Played as scholars and saved SLP
Or speculated on a comeback
But these holders are mostly at a loss, and no major wave of new players has returned despite SLP burning being reintroduced.
🧠 The Harsh Reality: Crypto Enthusiasts Knew. The Public Didn’t.
Axie veterans and crypto insiders understood the signs of a bubble:
Unsustainable SLP price
Lack of proper token burn mechanism
Overreliance on player growth
But the general public didn’t. Most were drawn in by viral TikToks, testimonials, and hype-driven news articles, believing Axie Infinity was a long-term investment or income source.
💡 Lessons Learned
1. Watch tokenomics closely: If supply keeps increasing with no demand sink, prices will fall.
2. Don’t enter at the top: Follow cycles, and if everyone’s already in, you’re probably late.
3. Games are not financial products: Unless designed as such, tokenized games collapse when the game stops being fun.
⚠️ Disclaimer:
This article is for educational and informational purposes only and is based on public conversations and historical data.
It does not constitute financial advice, and readers should do their own research (DYOR) before making any investment.
All names, brands, and data referenced here are used for illustrative purposes. The author is not affiliated with Sky Mavis or Axie Infinity.
#altseason

By: Mamga2
In the world of cryptocurrency, few words create as much hype—and chaos—as "Altseason." It’s the phase where alternative cryptocurrencies (altcoins) begin to outperform Bitcoin, offering traders and investors the chance for massive gains—but also extreme risk.
But what exactly is altseason? Is it just a meme, or is it something real that follows a pattern? And more importantly—are we in one right now?
Let’s break it down.
🚀 What is Altseason?
Altseason, short for "altcoin season," is a period in the crypto market cycle where altcoins surge in price faster than Bitcoin. This usually happens after Bitcoin has a strong rally, and investors start rotating their profits into smaller-cap assets hoping for even bigger gains.
It’s like a domino effect:
Bitcoin pumps first.
Ethereum follows.
Then SOL, AVAX, MATIC, and even meme coins like DOGE and PEPE.
Finally, low-cap coins explode—or implode.
🔁 Why Does Altseason Happen?
It’s all about rotation of capital and trader psychology.
1. Bitcoin Leads the Market
Big money flows into BTC first. As it pumps, investors take profits.
2. Traders Search for Higher Returns
With BTC moving slower, traders chase volatility in altcoins.
3. Narratives Take Over
AI, gaming, NFTs, DeFi, Layer-2s—these “sectors” catch fire based on hype or news.
4. Retail FOMO Begins
Suddenly, influencers shill tokens on X (formerly Twitter), YouTube, and TikTok. Everyone wants “the next 100x.”
📉 BTC Dominance: The Key Metric
The Bitcoin Dominance Index (BTC.D) measures how much of the total crypto market cap belongs to Bitcoin.
When BTC.D falls, it usually means money is flowing into altcoins.
A drop below 48–45% is a common sign that an altseason is in progress.
Check this chart regularly:
https://www.tradingview.com/symbols/CRYPTOCAP-BTC.D/
🧠 How to Know It’s Starting?
Here are some real signs of an altseason kicking in:
🔍 Sign 💥 What It Means
BTC pumps and cools down Capital rotates to alts
ETH/BTC ratio rising Ethereum leading the charge
Sudden pumps in meme & AI coins Retail speculation increasing
Social media hype rising FOMO is in full force
BTC.D trending downward Alts gaining dominance
⚠️ Altseason Is Profitable... but Dangerous
While altseason can bring life-changing gains, it’s also where retail traders lose the most money by buying too late.
Common Mistakes During Altseason:
Buying after 10x pumps
FOMO-ing into low-cap scams
Not taking profit
Ignoring BTC.D and market cycles
Getting rugged (fraudulent projects or insider dumps)
🔎 Are We in Altseason Now? (July 2025)
Let’s analyze:
BTC has recently stabilized after a rally.
ETH is gaining strength in the ETH/BTC pair.
Meme coins, AI tokens, and gaming alts are heating up.
BTC.D has shown signs of topping out.
📉 Conclusion: Altseason could be beginning, especially if Bitcoin consolidates and Ethereum takes the lead. Watch the market closely for confirmation.
📘 Final Thoughts: Prepare, Don’t Predict
Altseason is like a wild party—it’s exciting, profitable, but dangerous if you’re not careful.
👉 Have a plan. Take profit. Manage your risk.
Don’t just ask “when altseason?”—ask yourself “am I ready when it comes?”
If you found this helpful, follow for more crypto updates and market insights.
Drop your favorite altcoin for 2025 in the comments! 👇
#altseaon

By Mamga2
Introduction:
Axie Infinity launched with the promise of fun, ownership, and earnings through play. But as its colorful creatures battled in digital arenas, something deeper was forming beneath the surface. What Axie accidentally built was not just a game—but a global, decentralized infrastructure where labor, value, and attention collided to form one of the most ambitious economic experiments in gaming history.
1. The Game That Became an Income Platform.
Most early adopters of Axie Infinity weren’t Web3-native investors or crypto maximalists. They were ordinary people—largely in the Philippines and Southeast Asia—looking for an income stream during the pandemic. Axie wasn’t “fun-first”; it was “feed-your-family-first.” That economic reality transformed a mobile game into a livelihood for thousands.

At its peak, players could earn ₱300 to ₱800 a day in SLP, creating a self-sustaining gig economy around breeding, battling, and flipping Axies.
2. The Great Exodus and the Forgotten Economy
When SLP's value collapsed due to oversupply and a flawed burn-mint ratio, many left the ecosystem. A shocking number never returned—some because they’d lost their seed phrases, others because the emotional and financial damage was too deep.
But here’s what’s often overlooked: their wallets still exist. The SLP they held, unspent and forgotten, still affects total supply. The community may be gone, but the economic footprint remains.
3. Axie’s Infrastructure Never Went Away
Even after its fall from hype, Axie still has:
A tokenized in-game currency (SLP) with exchangeable value
A vast player network trained in blockchain mechanics
A global infrastructure of guilds, managers, and players
A working burn system through crafting, runes, and utility items
This is more than a game—it’s a decentralized labor market with built-in financial tools, waiting for the right utility layer to unlock its value.
4. The Untapped Power of Advertising-Based Economics
Here’s where the real revolution could happen.
Instead of relying on breeding fees and player spending, Axie could integrate in-game advertising as a primary revenue source. Imagine:
Watching ads to restore stamina
Sponsored battles with branding integrations
Branded cosmetic NFTs funded by advertisers
Ad impressions converted to SLP burns
This model already works in free-to-play Web2 games—and Axie has everything needed to do it on-chain, transparently and efficiently.
A well-designed ad ecosystem could:
Burn billions of SLP per year
Attract non-crypto sponsors
Incentivize players without minting more tokens
Fund future game development
This isn’t just a game economy—it’s a potential Web3 attention economy.
5. Why the Devs Haven’t Done It (Yet)
So why hasn’t Sky Mavis leaned into this vision?
Some likely reasons:
Web3 “purism” — Avoiding Web2 monetization models like ads
VC pressure — Prioritizing infrastructure like Ronin over short-term fixes
Developer mindset — Focused on game design, not economic reinvention
Brand risk — Advertising in a blockchain game could feel “cheap” if not done tastefully
But ironically, what might save Axie isn’t a better game—it’s embracing what it unintentionally created: a community-powered economy where attention itself creates value.
6. The Road Ahead: Rebuilding the Network, Not Just the Game
If SLP stabilizes at even ₱1, interest will surge again—not because the game is suddenly amazing, but because people trust in the system’s earning potential. And this time, if monetization comes from attention, not minting, it might actually be sustainable.
Axie could become the first blockchain game to:
Turn screen time into token value
Burn supply through ad revenue
Incentivize play without inflation
Rebuild its community on real-world utility, not hype.
Conclusion:
Axie Infinity’s greatest achievement wasn’t Axie Origin, Lunacia, or even the Ronin chain.
It was proving that people will build, work, and participate in a digital world if the economics make sense.
And while the game itself may not have become a masterpiece, the infrastructure it left behind still has the potential to power a
new kind of decentralized industry—where gaming meets labor, and advertising meets tokenomics.
Not just a game. A blueprint.
#slp $SLP

How the World’s Biggest Play-to-Earn Game Abandoned the Players Who Made It Possible
🧩 Introduction:
In 2021, Axie Infinity exploded. For millions of Filipinos, it was more than a game — it became a source of hope during the pandemic. Families bought Axies with their savings. Students, farmers, and jobless workers became scholars. At its peak, the Philippines made up over 40% of Axie’s player base.
But what started as a revolution quietly collapsed — and those left behind were the very people who built it.
🎮 Part 1: Axie Classic Was Good Enough
Axie Classic had simple gameplay, clear rewards, and fast onboarding.
Filipino players adapted quickly — grinding SLP daily to earn income.
Even with flaws, it worked: players played, bred, burned, and earned.
But instead of improving the economy, the devs focused on rebuilding the game (Origin) — and ignored urgent problems.

📉 Part 2: The SLP Economy Was the Heart — And They Let It Die
In 2021, SLP hit ₱20 with only ~320M tokens in circulation.
Players begged the devs to burn more SLP as the price started falling.
But nothing happened. The supply ballooned — now over 36 billion.
No cap. No emergency burn. Just silence.
As price crashed, thousands of players in PH were left with worthless tokens and expensive Axies.
🏦 Part 3: Where Did the Money Go?
The Axie ecosystem generated billions in market cap.
But most of that value went to:
Early investors
The dev team
Exchanges collecting fees
Meanwhile, the community — especially in the Philippines — saw the value of their hard work vanish.
🇵🇭 Part 4: The Philippine Community Was the Backbone
PH players:
Built entire scholarship models
Created content, guilds, and systems
Pumped demand for Axies and SLP
But the devs never prioritized them.
No apology. No rebuild plan. Just new products — Origin, Ronin DEX — that most players didn’t ask for.
🧠 Conclusion: A Lesson in Web3 Greed
Axie Infinity didn’t just fail due to bad luck. It failed because the developers chose to ignore the core economy — and the people who made it thrive.
> When you let bots farm, whales dump, and players beg for months without response… that’s not failure. That’s exploitation.
The community deserves to be remembered. And the next generation of Web3 builders must learn from this:
You don’t build a sustainable game by abandoning your players. Especially the ones who believed in you the most.
#AxieInfinity