Achievements of "Axie Infinity"
The total number of scholars: 710 (approximately 50% of each from Japan and overseas)
Scholars' highest earned SLP: 429 SLP/day
Average SLP earned by scholars: 230 SLP/day
Average MMR of scholars 2,700
※Season 18 results.
Axie Infinity offered many players with opportunities through scholarships.
Our top players from the aforementioned shared their Axie Infinity strategies, and in Season 18, they managed to earn SLPs two to three times more efficiently than regular players, despite having the cheapest decks at the lowest price points.
Timing to get into "Axie Infinity"
LGG entered the "Axie Infinity" market in July 2021.
It was right around that time that Axie Infinity began its explosive success.
Back then, however, Axie Infinity had some management risks to enter as a guild in a big way, so LGG carefully designed its system.
Risk of revenue fluctuations due to changes in game rules
Risk of NFT loss due to ban on scholars' accounts
Contractual and tax-related risks with Scholar
Timing Risks
Build a unique structure unique to LGG
LGG hedged against these risks by establishing the following mechanisms.
For risk of rule changes: World's top player shinkei will provide the front-line strategy information
For account ban risk: Avoided by hiring scholars within LGG members, mainly Japanese
For contractual and tax-related risks: Bring in tax experts to thoroughly review contractual and legal perimeters
For timing risk: Minimize by applying analysis to game economic zones.
In the LGG scholarship, the aforementioned professional gamers studied the most efficient deck configurations and strategies to the fullest, and then deployed them horizontally in the scholarship.
As a result, they were able to double, and even triple the profit efficiency of the average player at the time.
In addition, at that time, multiple-account operation of overseas scholars were popular, and many Japanese managers were at risk of losing their Axies(NFTs) due to account ban.
In contrast, LGG hedged against this risk by hiring mainly Japanese scholars and taking great care when hiring overseas scholars.
In addition, LGG invited experts with expertise in the blockchain area to minimize tax and legal risks.
Minimize timing risk through detailed analysis of economic zone conditions
Especially with respect to timing risks, we carefully watched the following:
Are the supply of Axies and users' demand adequate?
Is there an appropriate balance between burn and mint in SLP?
What is the next popular game after Axie Infinity?
No matter how well we were able to capture Axie Infinity, the game's popularity would stall if the economic zone stopped functioning. We were concerned that as soon as a "more profitable" game title became popular, public attention would quickly turn to it.
As a result, Axie Infinity caused SLP inflation due to the explosive growth of the economic zone.
The foundation of LGG was laid by this entry into Axie Infinity.
In particular, we learned the importance of analyzing the economic zone of each game just like a physical examination.
The experience gained at this time would later lead to the success of "Pegaxy" and "STEPN."
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