Axie Infinity

“Well, aside from Anamaka, I had a bunch of other token investments, especially when Facebook renamed to Meta. Remember, I was buying up all the MetaVest coins, Decentraland, Axie, Sandbox, and so I experienced, you know, making millions of dollars, like, liqui…”

“We invested in Axie when they had 15 or 20,000 users probably.”

“So they ported it over to Ronin. Users went to 50,400 thousand, and a 1,000,002 million, and so the thing just took off.”

“The interesting thing about Axie is it started out as a singular game, but because people own the characters and because people own the board, you can repurpose these assets into new games. This has really never been possible in gaming before.”

“You know, two billion dollars plus in revenue that they've made over the last couple of years, probably the predominant plate earned game, at least the number one that people know about or hear about”

“What really happened was that someone got access to the private keys that stored the funds that existed in the, like, Ronin bridge that was kind of between between currencies and into the game and someone took six hundred twenty five million dollars worth of…”

“They only announced a hundred fifty million dollar recovery fund for the 600, which is like, no, like if you're going to do it, you got to go one-to-one on recovery, like find, like in this space, you can find the people to do it, you know?”

“This is actually my big issue with play to earn games. Like literally play to earn games. Like Axie doesn't need to have anything in the game. All they need is just a box that you click thousands of times and the box just gets smaller and smaller and yields go…”

“Jiho's an amazing example of that. Like, he was just a, he was, like, mopping the floors in the community in the early Axie days, and now he's a co-founder of it. He's the head of the growth.”

“They've made like, I don't know, over two billion dollars. The game has made over two billion dollars in like a year and it's this new model called play to earn”

“When you look at things like Axie Infinity, where you know, there are play to earn Movements that are happening in in sort of this, you know, layer three kind of defy world where you're getting paid to basically, you know, play games. That could be a job. And …”

“There's a DAO called Yield Guild Games that I've been participating and active in, and there have been people in the Philippines who have been earning a living wage playing.”