1/ So we've been told that @AxieInfinity had reached the end of the road, that it was time to go and look for the "next" Axie Infinity. We did, and it's called... Axie Infinity. Yes, it's (still) just the beginning. Here's why we think so. threebody.capital/blog/2021/11/1… 2/ Firstly, don't be fooled by the chart of $AXS. This isn't a stock, this is an early stage project with a long way more to go. So what if it's up 1300x+ in the last year? Comparing it with a matured listed company and calling the returns excessive is a fallacy.

1/ For the developing world, manufacturing has always been the easiest way to put large numbers of low-skilled workers in value-add employment. But faced with automation and China's dominance, this option is no longer available. Where can jobs come from?
threebody.capital/blog/2021/9/10… 2/ We stumbled upon a paper by Edward Castronova entitled "Players for hire: Games and the future of low-skill work" which amazingly was written in 2016. In it, he points to automation and inequality as the drivers that set the stage for #PlayToEarn papers.ssrn.com/sol3/papers.cf…

1/ The world of video games is about to get swept off its feet, as the rise of the #PlayToEarn model, brought to the mainstream by @AxieInfinity, charts a new path for ALL game developers, threatening conventional business models.

threebody.capital/blog/2021/7/30… 2/ For studios like $ATVI, the decision to acquire @king_games was a boon to their revenue and cashflow, acting as a stabiliser to overall earnings, providing a stable base to offset the seasonality that previously characterised most video games businesses.