Yat Siu Profile picture
Aug 26 13 tweets 14 min read
1/ #blockchaingaming is here to stay .@AxieInfinity has trailblazed #playandearn #nftgames, but it’s also a natural target for anyone against #NFTs and #web3 #blockchain games. This hostility is unwarranted, unfair and often without the benefit of facts and context.
🧵👇
2/ .@AxieInfinity remains one of the most played #NFT games in the world with the following metrics:

771,000 monthly-active on-chain users
370,000 weekly-active on-chain users
2.3 million Axie holders
4 million Ronin wallet downloads $AXS $RON #blockchaingames
3/ The financial strength of @AxieInfinity is starkly evident, with current FDV close to $4B (it listed at $27M). It not only weathered a major hack but also repaid all losses to affected players, a testament to its durability and care for the community. roninblockchain.substack.com/p/the-ronin-br…
4/ The team has a long and distinguished history of shipping updates, with the pace and scope increasing dramatically in recent months backed by some of the most distinguished investors @a16z @paradigm and of course @animocabrands and many others
5/ .@AxieInfinity: Origin already has 900k+ downloads. It has a net deflationary system and innovations like Runes/Charms, showing that the player base is comfortable consuming and paying for content/experiences/fun, not just #playtoearn #nft
6/ The @AxieInfinity marketplace has also grown significantly as a result of the frequent upgrades and innovations/changes to the ecosystem see
7/ Introduction of Lunacian Summer (event for players to breed limited-edition summer-themed skins) demonstrates that @Axieinfinity community is happy to spend on tokenized resources for social signaling and growing culture assets realvision.com/shows/raoul-pa…
8/ More than a game, @AxieInfinity is a digital nation with its own economy, culture and values powered by #truedigitalpropertyrights #web3 $RON. Membership in the community means building a better future. That’s what the #openmetaverse is all about
9/ The story of @AxieInfinity is a story of progress, entrepreneurial hope and opportunity. @SkyMavisHQ created a major industry putting Vietnam and all SEA #blockchain #games on the global map fortune.com/2022/05/04/axi…
10/ As an industry-defining leader @axieinfinty is a target for outlets cynical on #NFTs #playandearn #blockchain, outlets who resist the evolution of our industry. #wehavebeenherebefore kotaku.com/i-am-not-a-can… but positive change is inevitable
11/ Similarly to how F2P and mobile conquered gaming, #blockchaingaming #NFTgaming will be mainstream. @SkyMavisHQ is one of the strongest, most dedicated builders in #web3, passionate about $NFTs, #blockchaingaming & #digitalpropertyrights - just like we at @AnimocaBrands
12/ During the crypto winter of 2018/19 ($BTC < ~$3k and $ETH < ~$150) @AxieInfinity not only survived but emerged as a killer market-setting product and we have every confidence that it will grow and thrive even more, like it did 4 years ago
13/ Communities such as .@AxieInfinity @thesandboxgame @othersidemeta #openmetaverse #blockchaingaming and #web3 frens are playing for a better future that is more open, distributed and equitable, where your time and value belongs to you - the player

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More from @ysiu

Jul 21
1/ @Microsoft @Minecraft has just revealed that it will exclude anyone, without notice & due process, simply if they disagree with them and that they too operate as a digital dictatorship changing their terms of service on a whim washingtonpost.com/video-games/20…
2/ #minecraft has directly caused pain and suffering to an innocent & blameless minority who was purged and cleansed without regard to their circumstances and without advance notice causing at least >$100m in damages coindesk.com/business/2022/… (we have no stake in @nftworlds)
3/ @Minecraft has provided no evidence that operating #NFTs are harmful to their community given that a vast majority of all players are not engaged in any #blockchain version. Previous term did not disallow #NFT or #blockchain implementations of #minecraft have existed before
Read 10 tweets
Apr 26
1/ The Otherside is launching on 4/30 only those who KYCed can mint however @BoredApeYC #bayc #mayc holders will be able to claim their #NFT post-auction without the need for KYC. To mint you will need @apecoin $APE details available on @OthersideMeta
2/ All @apecoin earned from this auction will be locked up for one year which means no voting and other uses (eg. staking) for that period as well
3/ Auction will happen only on otherside.xyz news will only be from @othersidemeta @BoredApeYC @yugalabs @animocabrands as well as on Discord at discord.gg/bayc & discord.gg/the-otherside be vigilant/stay safe
Read 4 tweets
Apr 16
1/ .@apecoin frens we have received a proposal from a credible 3rd party blockchain developer who has given us an assessment on a development time table for AIP-4&5 with caps implemented. The proposal is shared at forum.apecoin.com/t/aip-4-stakin… for a summary see 🧵👇 with a poll #DAO
2/ We decided to explore proposals from reputable 3rd party blockchain firms to assess the time table for a discussion with the @apecoin community given the many concerns. This proposal suggests a time table of 14 weeks for the staking implementation itself
3/ and it also assumes 13 weeks of development for the UI which can be done simultaneously. The proposal was created by a very credible blockchain developer who for the time being wishes to remain anonymous given that AIP-4 (revised) was not (and may not be) approved.
Read 7 tweets
Apr 13
1/ Incredibly excited to announce that the incredibly talented team at @Darewise creators of the #AAA #MMORPG @LifeBeyond and expert builders of online worlds is joining the @animocabrands fam a quick🧵👇 as to the reasons #NFT #blockchaingames venturebeat.com/2022/04/13/ani…
2/ The team behind @Darewise has one of the most storied and experienced AAA development backgrounds having worked on @assassinscreed @fable @TheDivisionGame @Crytek Black & White which will help level-up our collective experiences in #gaming #mmo #nft
3/ Led by @Ben_Charbit @kahncode @Vincemarty the #mmo #openmetaverse they are building @LifeBeyond is both ambitious as it is beautiful built with @UnrealEngine you can learn more about it and join their community over at: playlifebeyond.com #NFTs Image
Read 5 tweets
Mar 24
1/ lots of discussion on @apecoin AIP-4 and 5 proposal snapshot.org/#/apecoin.ethI will aim to address what appears to be the immediate staking question and will aim to articulate these more formally on my medium and given urgency I thought I would share some initial clarification
2/ AIP-5 proposes 4 separate staking pools, each with a specific number of ApeCoin rewards. Though 3 of the pools are designed to only be available to #BAYC, #MAYC, and/or BAKC holders, reminder: only @apecoin tokens are ever technically staked, not the NFTs.
3/ If a BAYC ecosystem NFT holder wants to stake in pool 2, 3, or 4 they will need to pair the NFT with their ApeCoin to access the relevant staking pool. The NFT itself isn’t staked — it acts as the key to the “safety deposit box” holding the staked ApeCoin.
Read 7 tweets
Mar 11
1/ Lots of discussion and some misunderstanding on why KYC is important, especially as it relates to our latest awesome collab . Here is why #KYC is critical to the future of this industry #blockchain #NFTs
2/ KYC is required by law in financial transactions to establish the legitimacy of a customer in order to prevent identity theft, money laundering and other financial crimes.
katipult.com/insights/what-…
3/ Our digital existence co-exists with our physical. Whether we like it or not, there is always a thread connecting the virtual with the real, which means that all of us must abide by the laws and regulations of where we live and/or do business.
Read 7 tweets

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